Western

HOLLYWOOD, CALIF. — Meridian Capital Group has arranged $10 million for the refinancing of the Taft Building, a 12-story, 105,000-square-foot office building in Hollywood. Located at the intersection of Hollywood and Vine streets, the property was designed in the Renaissance Revival style and comprises more than 130 office tenants and 2 ground-floor retail spaces. The loan will be used for capital improvements, including restoration of the exterior façade and recapturing the main lobby entrance. Allan Lieberman of Meridian’s New York office negotiated the loan on behalf of the borrower, 1680 Vine Investment Company LLC.

LAS VEGAS — WFG III LLC has completed the disposition of City Center West, a 105,968-square-foot office building located at 7201 W. Lake Mead Blvd. in Las Vegas. JB Matteson purchased the property for $34.5 million. Current tenants include Citadel Broadcasting, First American Title, A.G. Edwards, Chicago Title, Safeco Insurance and Mason McDuffie. Kevin Shannon, Charles Moore, Christina Roush and Marlene Fujita of CB Richard Ellis represented the seller in the transaction.

ALISO VIEJO, CALIF. — Irvine, Calif.-based Snyder Langston recently completed the construction of a 246,600-square-foot, built-to-suit office tower for Newport Beach, Calif.-based Pacific Life Insurance Company. Located at 45 Enterprise within Summit Office Campus in Aliso Viejo, the nine-story property features a steel frame with pre-cast concrete exterior, and glass and metal panels; redundant mechanical and electrical systems; and a six-level parking structure. Irvine-based Ware Malcomb provided architectural services for the project.