MONTEREY, CALIF. — Construction has started on Monterey Peninsula College’s new $9.4 million Student Services Center, a 24,000-square-foot facility designed by HGA Architects and Engineers. When completed in fall 2010, the center will house the college’s financial aid services, developmental disabilities support, registration and academic offices. Swinerton Builders is the general contractor on the project.
Western
SOUTHERN CALIFORNIA — Pacific Medical Buildings (PMB) will develop three new medical office buildings (MOBs) and one parking structure in and around Southern California. In Yorba Linda, PMB will develop an 88,000-square-foot MOB for the St. Jude Heritage Medical Group that will house primary care, multi-specialty medical offices, imaging and urgent-care centers. Groundbreaking is scheduled for November. In early 2011, PMB will begin construction on a 60,000-square-foot MOB and a 320-space parking structure in San Diego. The facility is being developed in conjunction with the Sharp Rees-Stealy Medical Group, which will be the owner and sole tenant. Also in 2011, PMB will start construction on an 80,000-square-foot facility on the campus of Eden Medical Center in Castro Valley that it will also own and manage.
SAN FRANCISCO — The 13-story, $190 million San Francisco Public Utilities Commission headquarters broke ground yesterday at 525 Golden Gate Ave. in the Civic Center near San Francisco’s City Hall. Designed by KMD Architects and Stevens Architects, the 277,000-square-foot building is designed to exceed LEED Platinum certification and will exceed California’s recent Title 24 requirements for energy efficiency in new office buildings by 55 percent. Completion of the project is planned for spring 2012.
LAS VEGAS — CORE Construction has completed construction on the Mark L. Fine Elementary School at 6635 W. Cougar Ave. in southwest Las Vegas. An $18.7 million project designed by JMA Architecture Studios, the 68,875-square-foot, single-story school is situated on 30 acres and includes four blocks of classrooms, a multipurpose room, a library, enclosed exterior courtyards and playgrounds. CORE began construction on the school in September 2008.
PEORIA, ARIZ. — Grubb & Ellis|BRE Commercial LLC has handled Pruitt’s 117,000-square-foot sublease of a former Walmart store, located in Peoria Town Center at 8200 W. Peoria Ave. in Peoria. Grubb & Ellis’ Brent Mallonee, Michael Hackett and Ryan Schubert represented Pruitt’s, and Jay Schneider of Frontera Development represented Walmart Realty.
GLENDALE, CALIF. — Studley represented MyShape, the personal shopping service for women online, in its 35,000-square-foot lease of a Crown Realty & Development office building, located at 210 W. Lexington Ave. in Glendale. Relocating from Pasadena, the company is more than tripling its square footage at the new location, which will serve as its corporate headquarters and fulfillment center. In association with Howard Reback of Bailes & Associates, Studley’s Matthew Brainard represented MyShape in the transaction, and the landlord was represented by Ray Howden of Cushman & Wakefield.
SOUTH SAN FRANCISCO, CALIF. — Jones Lang LaSalle has brokered Actelion Pharmaceuticals U.S.’s acquisition of a 138,399-square-foot office building, located at 5000 Shoreline Court within the 102-acre Sierra Point Business Park in South San Francisco. Texas-based real estate investor Archon Group was the seller. Jones Lang LaSalle’s Gregg Walker and Erich Sengelmann represented Actelion, a biopharmaceutical company, in the transaction. Archon was represented in-house.
LAS VEGAS — Marcus & Millichap has brokered the $5.35 million sale of Nucleus Plaza, a 77,188-square-foot office property located at 900 W. Owens Ave in Las Vegas. Marcus & Millichap’s Ned Zivkovic, Tina D. Taylor and Harry Delany represented the seller, a registered investment advisor out of New York. The buyer, a private investor, was represented by the brokerage firm’s Chris Cunning.
SAN DIEGO — Grubb & Ellis|BRE Commercial has handled Pacific Maritime Industries Corp.’s $4.7 million acquisition of a 57,600-square-foot industrial building, located at 1790 Dornoch Ct. in the Otay Mesa submarket of San Diego. Grubb & Ellis’ Erik Parker and Darren Mullins represented the buyer in the sale, and Marc Lipschitz of Voit Commercial represented the seller, Otay Ridge LLC.
DENVER — Apartment Realty Advisors (ARA) has brokered the sale of a six-property multifamily portfolio totaling 121 units in Denver. A New York-based private buyer, represented by ARA’s Terrance Hunt and Shane Ozment, purchased the $5.86 million portfolio, which is located in the Capitol Hill and Uptown neighborhoods of the Mile High City. All properties involved were HUD subsidized, project based, Section 8 housing communities.