Western Real Estate Business

OCT 2017

Western Real Estate Business magazine covers the multifamily, retail, office, healthcare, industrial and hospitality sectors in the Western United States.

Issue link: https://westernrealestatebusiness.epubxp.com/i/888015

Contents of this Issue

Navigation

Page 18 of 56

C A L I F O R N I A & H A WA I I 18 • October 2017 • Western Real Estate Business www.REBusinessOnline.com THE CRACK SHACK TO OPEN FIRST LA LOCATION AT WESTFIELD CENTURY CITY LOS ANGELES — The Crack Shack, an all-day chicken and egg eatery, is opening its first Los Angeles location at Westfield Century City. Slated to open in spring 2018, the restaurant is owned by Michael Rosen, Chef Rich- ard Blais and Chef Jon Sloan. Century City will be the restaurant's fourth lo- cation and will feature outdoor patio dining, picnic-style seating, fire pits and communal-dining fire tables, a bocce ball court and open-air chil- dren's play spaces. The Crack Shack is currently located in San Diego and Encinitas, with a third location open- ing in Costa Mesa later this year. SC STUDENT HOUSING BREAKS GROUND ON 108-BED COMMUNITY NEAR CSU CHICO CHICO, CALIF. — SC Student Hous- ing has broken ground on The Urban, a 108-bed student housing community located blocks from the California State University, Chico campus in Chico. The property will offer three-bedroom townhome units with bed-to-bath pari- ty. Shared amenities will include a roof- top deck, spa and plunge pool, barbe- cue area and an arcade. The building is being constructed by Modern Building Inc., and will be managed by Entwood Property Management. Occupancy is projected for June 2018. ANCHOR HEALTH PROPERTIES RECEIVES $68 MILLION TO ACQUIRE SAN DIEGO MEDICAL OFFICE BUILDING PORTFOLIO SAN DIEGO — Anchor Health Prop- erties has obtained a $68 million loan to purchase a San Diego medical of- fice building portfolio. The portfolio contains a total of 206,000 square feet in the La Jolla/UTC submarket. The acquisition includes the two-building Chancellor Park Medical Campus, which is situated near the UC San Di- ego Jacobs Medical Center and Scripps Memorial Hospital La Jolla. The prop- erties were built in 1988 as traditional office buildings before they were con- verted into medical uses. The proper- ties are 94 percent occupied. UC San Diego Health currently leases 44 per- cent of the buildings, which form the largest outpatient medical campus in UTC and one of the larger outpatient medical campuses in Southern Cali- fornia. The funding will also support future tenant improvements and leas- ing commissions for the properties. It was provided by Capital One. OLYMPUS, ARTEMIS ACQUIRE BROADSTONE CORSAIR IN SAN DIEGO SAN DIEGO — A joint venture be- tween Olympus Property and Artemis Real Estate Partners has purchased the 360-unit Broadstone Corsair in San Diego for an undisclosed sum. The community is located at 8583 Aero Drive in the Kearny Mesa neigh- borhood. The asset is being rebranded as Olympus Corsair. On-site ameni- ties include a resort-style pool with poolside cabanas inset with outdoor TVs, an indoor golf simulator room, a fitness center, yoga/dance studio, a clubhouse with demonstration kitch- en, library and wet bar, green living wall and seven outdoor courtyard so- cial spaces. Preferred Member Partners A&R; SEALCOATING Detroit Metro and Lansing MI www.aandrsealcoating.com ACE ASPHALT Tucson, Phoenix, NM, Las Vegas, Denver www.aceasphalt.com ACE ASPHALT/BROWN BROTHERS ASPH. & CONCRETE Colorado www.brownbrosasphaltconcrete.com ALEXANDER SEALING AND STRIPING AL, Panhandle FL, NOLA, MS www.alexanderpaving.com ALL COUNTY PAVEMENT MAINTENANCE INC. Long Island NY www.allcountypavementmaintenance.com AMERICOAT Columbus, Cincinnati, Dayton, N WV www.americoat.com ASPHALT SOLUTIONS Ohio, Western PA www.asphaltanswers.com ATLANTIC SOUTHERN Self Perfom FL and USA GC www.atlanticsouthernpaving.com BETTER SURFACES, LLC TN, KY, AR C&K; ASPHALT SE USA + IL, VA,WV, OH www.ckpaving.net CALVERTS' PAVING Kansas City MO www.calvertspaving.com CAROLINA PAVEMENT TECHNOLOGY NC/SC/GA/TN/MS www.carolinapavement.com D&G; SEALCOATING AND STRIPING SW FL www.dngsealcoat.com DELAWARE VALLEY PAVING Philadelphia and S NJ www.delawarevalleypaving.com EA OUTDOOR SERVICES Indianapolis all of Indiana and OH www.eaoutdoorservices.com HADDOCK ENTERPRISES SC/NC/GA and S VA www.haddockenterprises.com IMPERIAL PAVING Los Angeles CA and S California www.imperialpaving.biz LIBS PAVING Louisville and Lexington KY www.libspaving.com MURPHY PAVING & SEALCOATING Chicago IL www.murphysealcoating.com NORTHEASTERN STRIPING CORP Binghamton NY S NY www.northeasternstriping.com PAVEMENT EXCHANGE GROUP USA www.pavementexchange.com PAVEMENT SERVICES DFW/ Houston www.nopothole.com PINNACLE PAVING AND SEALING Cincinnati, N KY and Eastern IN www.pinnaclepaving.com POBLOCKI PAVING Milwaukee, Madison and Green Bay WI www.poblockipaving.com RAM PAVEMENT NC/SC/GA www.rampavement.com TIBBS (A&R; TECH) Baltimore and DC www.tibbspaving.com TRI-STATE ASPHALT Central and N NJ www.tristateasphalt.com TURNER ASPHALT VA/NC/SC/TN www.turnerasphalt.com Associate Members AARDVARK ENGINEERS NC, SC, VA, FL, GA, PA,TN, KY, MD www.aardvarkengineers.com OVERBY PAINTING Eastern USA Striping ROOF CONNECT Nationwide Roofing www.roofconnect.com UPCOMING EVENTS InterFace On-Campus Housing | October 24-26, Philadelphia InterFace Houston Industrial Real Estate | October 31, Houston InterFace Seniors Housing Northeast | November 8, Philadelphia InterFace Multifamily Southeast | November 28, Atlanta InterFace Healthcare Real Estate Southeast | November 29-30, Nashville Entertainment Experience Evolution | February 6-7, 2018, Santa Monica www.InterFaceConferenceGroup.com

Articles in this issue

Links on this page

Archives of this issue

view archives of Western Real Estate Business - OCT 2017