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September 2, 2010
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NEWS HEADLINES


NewMark Merrill Closes 165k sf CO Retail Buy
9/02/10
LA firm picks up Arvada Marketplace East

Douglas Wilson in the Driver’s Seat in San Diego Office Buy
9/02/10
Nine-story downtown building sells for around $10 mil

OC-Based Bascom Closes 360-Unit San Antonio Buy
9/01/10
Purchase boosts firm’s TX portfolio to 25 properties

Cassidy Turley to Manage 657k sf NoCal Industrial Portfolio
9/01/10
TIAA-CREF assignment consists of all East Bay properties

Prominent West LA Retail Center Hits the Market
8/31/10
PASSCO selling The Promenade at Howard Hughes Center

Union Property Capital Purchases 100k sf Cupertino Building
8/31/10
Panasonic occupies half of office property

Decron Properties Provides $17 Mil Bridge Loan for Canfield Development
8/31/10
Financing allows for recapitalization of construction loan on Miracle Mile condo project

Lowe Locks Up 85k sf in Lease Transactions at San Mateo Biz Campus
8/30/10
SolarCity and Akamai Technologies sign new and expansion deals at Clearview Business Park

$9 Mil Note on West LA Office Building Offered for Sale
8/27/10
Lucent Capital marketing first mortgage note for local financial institution


Hudson Pacific Closes on $15 Mil Beverly Hills Office Buy
8/26/10
LA firm completes first acquisition since recent IPO

Partnership Acquires Aspen Site for $15 Mil
8/26/10
Possible development options include previous plans for five-star hotel


600-Unit OC Apartment Buy Ranks as One of the Largest CA Multifamily Sales for 2010
8/25/10
Creekside Meadows in Tustin trades hands for second time in four years


AZ Court Allows Trigild to Sell Former Bethany Group Properties to Standard Portfolio
8/24/10
Ruling enables $123 mil sale to occur during receivership and does not require lender foreclosure

San Diego Mobile Home Park Fetches Over $38 Mil
8/24/10
Poway Royal Estates sells for almost $100k/space

Cedars Sinai Leases West Hollywood Building
8/24/10
Medical Center needs space for addition outpatient programs

Job Market Starting to Look Up for SoCal Real Estate Grads
8/20/10
UCI’s Center for Real Estate points to increased industry placements and company interest

The Tides Rolls into Jackson Square Properties’ Portfolio
8/19/10
NoCal firm purchases 200-unit Richmond apartment complex

Giftwares Company Acquires 208k sf Simi Valley Property
8/19/10
Firm will relocate HQ into larger of two structures


San Diego-Area Office Activity Reaches Pinnacle
8/18/10
Muller Company completes refi and inks $17 mil in leases at Carmel Mountain Ranch office building

George Smith Partners Arranges $32 Mil in Construction Funding on Hollywood Apt Development
8/17/10
Previous owner had completed 70% of work on 180-unit project

Hudson Pacific Properties Spends $27 Mil on South Bay Office Property
8/16/10
113k sf Del Amo Office building is fully leased to Saatchi & Saatchi

Oro Valley Biz Park Listing Awarded to Grubb & Ellis Team
8/16/10
Venture West looking to sell multiple sites within 565-acre, master-planned campus in Tucson area

Watson Land Gets Huffy
8/13/10
Bicycle manufacturer leases 190k sf South Bay facility

Next Century Closer to New Development at Century Plaza Hotel Property
8/12/10
Developer unveils revised plans for property that adds new mixed-use space and keeps landmark hotel intact...

San Mateo Seniors Apartment Community Sells for $19 Mil
8/12/10
135-unit FountainGlen at the Villa originally constructed in 1955 as a hotel

Santa Monica is Still The Place
8/11/10
Macerich opens new 524k sf development to large crowds and high retailer demand

Edison Mission Energy Inks Deal for 85k sf of HQ Space in Santa Ana
8/10/10
Power company relocates to 3 MacArthur Place in South Coast Metro area


BH Properties Locks Up New Tenants in Salt Lake City
8/10/10
LA firm signs new deals for over 100k sf of space


Newmark Knight Frank and Cornish & Carey Merging NoCal Operations
8/09/10
Newmark continues to pursue national growth opportunities

CB Richard Ellis Goes With a Partner in Its $360 Mil NoCal Office Buy
8/06/10
Partner Engineering handles environmental site assessment work in purchase of Oakland City Center property from Shorenstein


USC Inks 160k sf Westside Office Renewal
8/05/10
Long-term deal at Marina towers is said to be largest 2010 office deal in West LA

Newly Constructed Medical Office Building Fetches Nearly $11 Mil
8/05/10
Health Trust of America acquires 45k sf facility in San Luis Obispo

$25 Mil Purchase of Disneyland Courtyard by Marriott Part of Chesapeake’s Big Checkers Game
8/05/10
Annapolis, MD-based REIT concludes acquisition of two-property hotel portfolio from Tarsidia

Positive Outlook for San Diego Industrial and Office Markets
8/04/10
Second quarter numbers from Voit show increasing absorption and decreasing vacancy rates

Consumer Goods Company Leases 155k sf Santa Fe Springs Facility
8/03/10
Alticor/Access Business Group signs seven-year deal at Golden Springs Business Center

Colorado Buyer Spends $20 Mil on AZ Multifamily Property
8/03/10
220-unit Sonoma Landing in Gilbert fetches $91k/unit

Pieces Coming Together After Mosaic Ground Breaking Event
8/02/10
AMCAL underway with 56-unit affordable housing project in LA’s Pico Union District

La Canada Retail Center Fetches $16 Mil
7/30/10
Investor group picks up 42k sf Foothill Promenade

Highridge Partners Closes $42 Mil NoCal Office Buy
7/30/10
El Segundo firm purchases 173k sf asset in San Francisco’s North Financial District

Mercedes-Benz Renews Its Beverly Hills Showroom Space
7/29/10
Dealership inks deal for another 15 years at three-story building

Investor Spends $16 Mil on Two-Building Bay Area Portfolio
7/29/10
Sale consists of properties in Petaluma and San Francisco’s Jackson Square

Casden’s Latest SoCal Apartment Community Set to Open Its Doors
7/28/10
Empire Landing in Burbank offers 276 luxury units with prices starting at $2,200/mo

San Diego Warehouse/Distribution Portfolio Lands New $15 Mil Senior Loan
7/28/10
Three buildings contain a total of 230k sf

Unusual SoCal Property Hits the Market
7/27/10
1.5 msf Santa Barbara County greenhouse/industrial property listed for sale

Silicon Valley Activity Update
7/27/10
Big Palo Alto deal lives up to all the Skype; Nokia leases 157k sf Sunnyvale facility

Phoenix Realty Group Purchases 424 Units in the Inland Empire
7/27/10
Company sees demand picking up in 2011

LAX Office Complex Inks Trio of 1st Half Leases Worth Over $30 Mil
7/26/10
UCLA, Expeditors and the Transportation Security Administration sign deals for over 180k sf at Airport Spectrum

John Kerin Takes Over as President and CEO at Marcus & Millichap
7/26/10
Industry vet has been at the firm since 1981

Silicon Valley Office Vacancy Rate Remains Flat During 2nd Qtr 2010
7/23/10
Industrial vacancy rate up 15% from prior quarter

Seattle-Area Apartment Community Sells for $96k/Unit
7/22/10
Holland Partners buys 190-unit Westhaven property

Prompt Signs Timely Relocation/Expansion Lease in Carson
7/22/10
Public warehousing company inks five-year deal for 118k sf facility

WHAT'S NEW
New RENTV Executive Report: Orange County Hot Transactions
8/19/10
Latest report provides closed office, industrial and retail deal comps from Orange County over the past 12 months

New RENTV Executive Report: South Bay Hot Transactions
7/28/10
12 months of sale and lease comps from LA’s South Bay region



New RENTV Executive Report: San Diego “Tenants in the Market”
7/22/10
Find out what companies are on the hunt for space throughout San Diego County

New RENTV Executive Report: West Los Angeles Hot Transactions
5/19/10
Catch up on the last 12 months of deals from LA's Westside

List and Find Jobs, Properties and Service Providers!
4/28/10
Special sections of new RENTV site make commercial real estate marketing easier

New RENTV Executive Report: West Los Angeles “Tenants in the Market”
4/27/10
Here’s a valuable report on around 40 companies looking for new space on LA’s Westside

Let the Commercial Real Estate Community Know the Latest News About Your Company!
4/08/10
RENTV Executive Subscribers can now have their own press releases posted at no additional charge

 
ETC. ETC...
CA Home Sales Down While Median Price Up 10% from Prior Year
9/02/10
July figures suggest buyers were taking advantage of expiring tax incentives

Fairfax Financial Closes $32.5 Mil Purchase of Kennedy Wilson Stock
8/19/10
Transaction follows prior investments in KW



Silicon Valley R&D Tenants Moving into Office Space
8/10/10
Latest CBRE research shows companies in the region taking advantage of market dynamics to transition into more upscale space

Property Sciences and Marcus & Millichap Form Strategic Allianc
7/29/10
Venture will provide lenders with portfolio valuation services

Economic Update
6/17/10
David Rosenthal shares some insights from Wells Fargo Securities

Draftsmen & Craftsmen
5/24/10
Stacy Wilder Handles Studley Management of new Bouchon Restaurant in Beverly Hills

Draftsmen & Craftsmen
5/11/10
Morley Builders Completes Unique Ecosystems Wing for California Science Center

Verizon to Offer New Concierge Service to Residential and Commercial Fios Properties
4/09/10
Free service will automate many repetitive tasks

News and Tools for Real Estate Pros!
2/22/10
Count on Rentv.com for commercial real estate news and property information! You’re sure to value all of our news about office, industrial, retail, hotel and multifamily properties, sales, leases, developments, property management companies, financings and industry trends in California and the Western United States. Some of the important subjects we cover include asset sales, retail real estate, multifamily real estate, commercial real estate financing, commercial real estate jobs, real estate services.

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