Regions West
Caruso Affiliated's The Americana at Brand, in Glendale, Opens
May 2, 2008

The $400 million, mixed-use development in Downtown Glendale, Calif., containing both retail and condominiums, has opened today, according the the developer, Caruso Affiliated. The center contains 74 retailers and restaurants. Part of the project is The Green, an almost two-acre central common, with animated fountain shows every half hour, trolley rides around the center and other promotions and entertainment by individual retailers and restaurants. The Americana at Brand is set on 15.5 acres in a mature downtown and is interwoven into the existing context and street grid of the city.

 
Recent West Headlines
AvalonBay Forms $950M Apartment Fund
AvalonBay Communities Inc. has created a new fund that will focus on the acquisition and operation of apartment properties in high barrier-to-entry markets in the Northeast, Mid-Atlantic, Midwest, and on the West Coast.
Maguire Completes Second SoCal Office Sale in a Week
Maguire Properties Inc. has closed the books on the disposition of City Plaza, a 324,000-square-foot office building in Orange, Calif. An entity owned by Hudson Capital L.L.C. took the property off Maguire's hands.
Frank Campbell Equity Office Repositions, Refurbishes SoCal Portfolio
About 18 months after Equity Office Properties Inc. was acquired by The Blackstone Group, the company is still in existence with more than 300 properties totaling more than 50 million square feet.
Permanent Financing Totaling $21M Closes for Newport Beach
While many of the details are being kept mum, permanent financing to the tune of approximately $21 million has been put in place for the 25-acre Hyatt Regency Hotel property in Newport Beach, Calif.
university gateway Clark Forges Ahead with $134M Contract for Student Housing Project in L.A.
Clark Construction Group-California has commenced work on University Gateway, a 421-unit mixed-use student housing development in Los Angeles, just across from the University of Southern California.