National Firms Continue Regional Buys

LOS ANGELES—CBRE is acquiring its Columbia, SC affiliate, while Avison Young has made Remington Group founder William Connor a principal and Colliers has expanded its North Texas base.

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Karlin RE Lending Rebrands As Calmwater Capital

LOS ANGELES—Calmwater Capital spins off from Karlin Asset Management with secured credit lines from two global banks and an equity investment from a top-20 university endowment.

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Chesapeake Takes DTLA Ace Hotel for $103M

LOS ANGELES—The lodging trust buys the property for $566,000 per key and enters into a new management contract with the hotel brand, which will continue to operate at the location.

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Caruso Creates Singular Digital Experience

LOS ANGELES—Chris Baccus gets a promotion to SVP of digital marketing, and talks to GlobeSt.com about the brand’s digital marketing strategies and how they meet client needs in the digital space.

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Kilroy Disposes $309M in Office Assets

LOS ANGELES--The developer is carrying out its business plan to recycle capital back into the company with the disposal of ten office properties located in West Coast markets.

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Bixby's Pacific Center Fetches $69M

TORRANCE, CA--After getting a $6-million makeover, the 292,000-square-foot office building trades hands between Bixby, who bought the property in 2013 for $52 million, and Stream Realty Acquisition.

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Storm Properties Scoops Industrial Land Site

LOS ANGELES--The industrial developer buys a 5.5-acre land site with plans to build an 115,000-square-foot class-A industrial facility.

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