Local investment manager American Realty Advisorshas acquired the Criterion on the Promenade, a mixed-use complex on Santa Monica's Third Street Promenade.
Investors warm up to Phoenix office as fundamentals improve.
Top 10 office tower investment sales of 2015 in downtown Chicago.
The financing is just one part of CalPERS' $1.9B deal for the building.
The 1.2M SF building will be delivered next January.
CoStar's Power Broker Award Winners for 2015
From lenders to financiers and Blackstone to SL Green, check out who made the cut for Real Estate Capital's 2015 awards.
Scott Jackson, Along With Pritzker Family, Pony Up $18M For Choate HQ in Central Perimeter;
European insurer Allianz spend $420M to buy out Coach's stake in 10 Hudson Yards, also funding part of a $1.2B mortgage.
Chicago's tallest building could go for $1.5B
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