“FedEx is very excited about our new hub in Hermiston” said Michael Zanolli, FedEx Freight’s vice president of regional operations.  “This is a strategic location within our vast network of centers across the country and this new hub has allowed us to improve our transit times in and out of the Pacific Northwest.”

The 84,000 square foot facility was developed by KiernanWest and is located at the critical interchange of interstate highways 82 and 84.  The 120- door facility, located on 62.4 acres, has about 70 employees.  The location is a critical facility for the Pacific Northwest region, including Seattle, Boise and Portland.  The project infrastructure was designed to accommodate an expansion to triple the size of the newly constructed facility.

“The project was completed well ahead of schedule and to the complete satisfaction of FedEx Freight”, stated Mike Fa, principal of KiernanWest, who worked closely with FedEx Freight throughout the entire project.

FedEx Freight is a subsidiary of FedEx Corp. (NYSE:FDX).  With annual revenues of $40 billion, the company provides customers worldwide with a broad portfolio of transportation, e-commerce and business services.

The terminal is strategically located 121 miles from Memphis, 130 miles from Nashville, 180 miles from St. Louis and the midway point between Chicago and New Orleans.  The property is leased to FedEx Freight thru January of 2019 with multiple lease renewal options.

The $14 million, 60 -door and 33,231 square foot facility is located in the new Zahmol subdivision located just north of Glenmore Trail and 84^th Street.  The facility will serve as both a regional distribution center and hub location for incoming freight from the US pacific northwest as well as the Alberta and British Columbia regions.

The new facility is the first build to suit project for FedEx Freight in Canada.  KiernanWest’s selection as the build-to-suit developer marks the third project awarded to the group in the last year.  The principals of KiernanWest have been providing build-to-suit services throughout the United States for the FedEx Corp. subsidiary since the 1990’s.  The project is scheduled for completion late in the first quarter of 2012.

The $8 million, 33-door and 14,934 square-feet facility is scheduled for completion in the fourth quarter of 2011.  Barker Morrissey of Tucson is the general contractor.  KiernanWest of Coronado, California is the project developer.  Sanderson Stewart of Billings is the civil engineer for the project.

Kierna West is the newly-formed partnership between The Kiernan Companies and West Partners, both located in the San Diego area.  The partnership, formed earlier in 2010, has a project under construction for FedEx Freight located in Hermiston, Oregon.  Kiernan and the West family have merged to provide a platform for build-to-suit services for FedEx Freight throughout the United States and Canada.

 Lytle Enterprises, the developer of The Bellettini has owned and developed senior housing communities for over 30 years.  Family owned by Chuck and Karen Lytle, their current portfolio comprises of 3,840 units in 25 locations throughout the Western United States.  “We are very pleased that West Living shares our vision for The Bellettini and we look forward to their partnership to enhance our first class senior community,” says Chuck Lytle, President of Lytle Enterprises.  Bellettini is managed by Leisure Care, one of the nation’s largest privately-held retirement and assisted living management companies.

 “Chuck and Karen Lytle are recognized as founders of today’s service enhanced housing catering to older adults.  West Living was started in January 2009; therefore we are delighted to have a partner with the experience and successful track record of Lytle Enterprises.  The Bellettini is a quality property in a historically attractive market.  The investment furthers our objective of deploying capital into the senior housing and services business and we’re very bullish about this segment of real estate,” says John Rimbach, President of West Living.  The company owns two communities; McDowell Village in Scottsdale, Arizona and The Reserve at Thousand Oaks, a suburb or Los Angeles, California.  West Living is also in the process of developing two senior communities in Carlsbad and La Quinta, California.

 About Lytle Enterprises

Lytle Enterprises, established in 1976, is committed to developing and managing quality living environments for older adults that offer a lifestyle and level of service unmatched in traditional senior living. Their portfolio of 3,840 units in 25 locations throughout the Western United States is managed by Leisure Care.  For information on Lytle Enterprises, go to www.lytleenterprises.com.

 About West Living

West Living, LLC, located in Carlsbad, California was formed in early 2009 to focus on the development, ownership and operation of senior housing communities for the benefit of West Family Holdings, LLC, a holding company of diversified enterprises wholly owned by Gary & Mary West.  West Living communities offer multiple levels of care, including independent living, assisted living and memory care.  Learn more online at www.westliving.net.

Developed by Phoenix based Opus West Corporation in 2006, McDowell Village was initially successful in lease-up as a senior apartment community without any assisted living services. However, as occupancy reached a plateau at 70%, it was apparent that a majority of residents moving out were in need of a higher level of assisted living services. In connection with the acquisition, West Living is converting 40 of the units at McDowell Village to assisted living care and has completed the Arizona Department of Health Services licensing process. “We believe that integrated levels of care and support services provide for the resident-focused operation in our communities” said John Rimbach. McDowell Village’s predominance in the market benefits from the adjacent 37,500 square foot Granite Reef Senior Center, a City of Scottsdale funded senior center built in 2006 with a LEED Gold certification for its environmental impact.

Acquired from Medical Capital of Irvine, California, Castle Hill Retirement Village features 146 units comprised of 48 units in eight garden-style apartment buildings and 98 assisted living and independent apartments in the main building. The community is situated on a sprawling 6.5 acre tree-lined campus in the beautiful Los Angeles suburb of Thousand Oaks. Also included in the transaction is an adjacent 1.8 acre parcel that provides expansion possibilities. According to Tom Lombardi, Director of Investments for West Living, “This acquisition highlights our ability to identify value, close quickly and with certainty, particularly in this period of limited financing. Our capital improvement plan will further enhance the experience in such a desirable and affluent Southern California market.”