Regions West
Hyatt Regency Orange County Finds New Owner
Nov 4, 2008

Ownership of the Hyatt Regency Orange County in Garden Grove, Calif., changes hands as Inland American Lodging Advisor Inc. acquires the 654-room hotel from Ashford Hospitality Trust. The 17-story property, which has undergone an aggregate $48 million in upgrades and expansions over the last seven years, occupies a 13-acre parcel at 11999 Harbor Blvd., just three blocks from Disneyland and a half-mile from the Anaheim GardenWalk, an upscale 500,000-square-foot lifestyle entertainment center being developed by Excel Realty. Molinaro Koger marketed the property, which garnered international attention, drawing in hopeful investors with its ongoing RevPAR growth and a location in a thriving hospitality market. The hotel will continue to carry the Hyatt Regency flag, and will be managed by Global Hyatt Corp. under a long-term agreement.

 
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ProLogis Leases 282,000 SF to Safelite AutoGlass
Jan. 05, 2009
ProLogis has leased approximately 282,000 square feet at ProLogis Park Ontario Airport in Ontario, Calif., to Safelite AutoGlass.
Blue Rock Village 560-Unit California M-F Complex Goes for $54M
Jan. 05, 2009
Blue Rock Village (pictured), a 560-unit multi-family complex in Vallejo, Calif., has been sold for $54.4 million to a San Francisco-based private ownership group.
KBS REIT II Nabs San Jose Office for $35M
Dec. 23, 2008
KBS REIT II has acquired a 142,000-square-foot office building in San Jose, Calif., for $35.7 million. The property, located at 350 East Plumeria Dr., is fully-leased to Netgear Inc., a designer and developer of networking software, which houses its headquarters in the building.
Pacific Beacon Clark Opens Pioneering Military Singles Property in San Diego
Dec. 23, 2008
At Naval Base San Diego, Clark Realty Capital and the Department of the Navy opened the doors of Pacific Beacon (pictured), the first of three 18-story luxury apartment buildings in the country's first large-scale housing privatization initiative for unmarried military personnel.
GenCorp’s Mixed-Use Project Takes Next Big Steps
Dec. 23, 2008
Sacramento County’s supervisory board has unanimously approved the final environmental impact report for GenCorp Inc.’s 1,400-acre mixed-use project and amendments to the county’s general plan for the project.
 
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