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July 31, 2010
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NEWS HEADLINES


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

Security Properties Closes $22 Mil Apartment Buy in Downtown San Diego
7/21/10
Entrada trades for $128/unit

Rates for San Francisco View Space on the Rise
7/21/10
CBRE research shows that effective rates for space above the 34th floor has jumped over 20% in the past year

Ontario Office Deals Ring Up to Over $10 Mil
7/20/10
University of Phoenix and Defense Contract Management Agency ink deals at University Plaza

Acacia Capital Spends Over $33 Mil on Livermore Multifamily Property
7/20/10
Ironwood Apartments sells for $139k/unit

Kilroy’s Buying Spree Includes 99k sf OC Office Property
7/19/10
SoCal REIT pays over $22 mil for single-tenant building in Orange

Mid-Year Survey Suggests Private Real Estate Investors Remain Cautious but Optimistic
7/19/10
Encouraging results from Lee & Associates’ national poll

South San Jose Holiday Inn Sells for Over $10 Mil
7/16/10
New owner to keep HI flag on 208-room property

Kilroy Completes $70 Mil San Diego Office Buy
7/15/10
SoCal REIT Acquires remaining three structures at Mission City Corporate Center

Historic San Francisco Office Properties Come on the Market
7/15/10
Investment opportunity consists of four Jackson Square buildings

Gas Company Renews 350k sf in Downtown LA
7/15/10
15-year deal keeps name tenant at MPG’s Gas Company Tower

Commercial Real Estate Financing Briefs
7/14/10
Recent $6 mil to $19 mil transactions from Newmark Realty Capital, NorthMarq Capital and CB Richard Ellis

San Diego Office Complex Purchased by Colony Realty Partners for $31.5 Mil
7/13/10
Spectrum Corporate Plaza sold by LaSalle Investment Management

Alameda Office Asset Sells for Over $10 Mil
7/13/10
Property is situated adjacent to Oakland International Airport

Redmond, WA Apartment Complex Trades for $18.5 Mil
7/12/10
NoCal investor pays $119k/unit for Eagle Rim

Packaging Products Company Spends $22 Mil on OC Industrial Property
7/12/10
Grubb & Ellis team brokers another major deal in the region

Johnson Capital Arranges $40 Mil on SoCal Industrial Portfolio
7/09/10
Collateral contains over 1 msf of space

600k sf Seattle Campus Achieves LEED Silver Certification
7/08/10
CB Richard Ellis manages sustainability efforts at Seattle Union Station LLC

264k sf Ontario Industrial Facility Sells to Cels
7/08/10
Shoe sales firm pays over $10 mil for new digs

First Half 2010 Activity at Bayshore Technology Park is Over 250k sf
7/07/10
Cassidy Turley BT Commercial team reps ownership in 12 leases at Redwood Shores biz park

New Escondido Res Project Marks the Transformation of a Troubled Neighborhood
7/06/10
Urban Housing Communities breaks ground on The Crossings at Escondido

Exciting Mixed-Use Project at Hollywood and Vine is Completed
7/06/10
Legacy Partners’ $264 mil development features market rate and affordable housing with retail

The Matteson Companies Picks Up 372-Unit Multifamily Asset in Portland Suburb
7/02/10
Clackamas Village Apartments sells for 20 mil

Commercial Financing Briefs
7/02/10
Recent deals from George Smith Partners, ARG Capital Partners, Newmark Realty Capital and Cohen Financial


Kennedy Wilson Closes 180-Unit San Fernando Valley Condo Buy
7/01/10
Guardian Life and RECP/Urban Partners participate in purchase of NoHo 14

40-Story Downtown LA Skyscraper Listed for Sale
7/01/10
Union Bank Building expected to fetch over $300/sf

Kaleidoscope Fetches $22 Mil
7/01/10
Westport Capital Partners acquires 220k sf Mission Viejo retail center

New Simi Valley Lifestyle Center Offered for Sale
6/30/10
HFF is handling the listing for Simi Valley Town Center

SingerLewak Inks $10 Mil Westside Office Renewal
6/29/10
Accounting firm remains in 25k sf at Westwood high-rise

Stoneridge Capital Partners Closes 46k sf Office Buy in San Diego Area
6/28/10
Purchase of Four Governor Park boosts portfolio to about 1 msf

Walter Shorenstein Passes Away at 95
6/25/10
Real estate industry leader was also active in philanthropic and political causes

WHAT'S NEW
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...
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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