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Jones Lang LaSalle Introduces New Net lease Exchange Website 10/19/11 Jones Lang LaSalle has launched it new Net lease Exchange website to help facilitate investment property trades of single-tenant, net lease properties. Jones Lang LaSalle has concluded more than $10 bil in single-tenant prope...
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Marcus & Millichap’s San Diego Metro Area Third Quarter 2011 Office Report 10/17/11 Renewed employment growth has yet to translate into meaningful occupancy gains for the San Diego office market this year, as businesses are first backfilling under-utilized space before considering expansion, an occurrence li...
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September CA Home Prices Up, While Units Sold Fall 10/17/11 Heightened economic uncertainty contributed to a decrease in California home sales in September, according to the latest data from the California Association of Realtors® (C.A.R.). Nonetheless, September home sales posted hi...
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Commercial Real Estate Financing Briefs 10/14/11 NEWMARK REALTY CAPITAL -- Terri Slocombe and Braden Turnbull of Newmark Realty Capital arranged permanent financing of $12.23 mil for the Sylmar Cascades industrial building, a 200.6k sf industrial property located in the cit...
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Economic Update 10/05/11 Friends and Colleagues,
The Fed recently unleashed “Operation Twist” with the hope of providing some stimulus to the economy.
Did we need additional stimulus? Was this the right move? Please read on to see what our friends...
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Marcus & Millichap’s Los Angeles County Office Report 3Q2011 9/28/11 Marginal tightening in the Los Angeles office market will persist through 2011, but considerable time is required before metrowide vacancy returns to single-digit territory recorded prior to the recession. Countywide absorpti...
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Marcus & Millichap’s San Jose Metro Area Multifamily Report for 3Q2011 9/27/11 Apartment vacancy in South Bay is poised to reach a decade low by year-end 2011 as renewed job creation and the region’s still-high cost of living fuels renter demand through the coming months. The region’s operational recove...
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Kennedy Wilson to Auction 70 REO Properties in Mid-October 9/23/11 Kennedy Wilson will conduct an auction of 70 bank-owned properties located primarily throughout Oregon and California. Property types include single family homes, condominiums, multifamily, retail, office and land. The auctio...
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Draftsmen & Craftsmen 9/23/11 The new 21k sf Ramona Library in the San Diego-area town of Ramona has been granted LEED Gold certification by the U.S. Green Building Council. The project, built by C.W. Driver, is the second-largest library in San Diego Cou...
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Draftsmen & Craftsmen 9/21/11 The County of San Diego has awarded Balfour Beatty / Barnhart the first phase of a two-phase contract for design-build services to construct the new $221.5 mil San Diego County Women’s Detention Facility in Santee, CA. The j...
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Nick DiCosola and Ron Barbieri Team up with Joe Brady in New Venture 9/20/11 Commercial real estate veterans Nick DiCosola and Ron Barbieri have teamed up with another SoCal industry leader, Joseph Brady, in a newly formed venture with The Bradco Companies, Brady’s successful real estate services firm...
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CO Office Landlord Solves Vacancy Issue by Filling Building with Gas 9/08/11 SourceGas, a natural gas local distribution utility, signed a long-term lease for 52k sf of office space in Golden, CO. The company will be relocating from Lakewood in 2012 when they take possession of their new space at 600 ...
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HUD Announces $56 Mil for Community Development and Affordable Housing in CA for Remainder of 2011 9/06/11 California will receive more than $56 mil from the U.S. Housing and Urban Development to support community development and produce more affordable housing in the state. HUD’s annual funding will also help find homes for indi...
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Johnson Capital Adds Four as Part of National Growth Strategy 9/01/11 Johnson Capital has added four financing professionals to its nationwide team as part of the firm’s ongoing growth strategy. These new Johnson executives include: Edward Wilson, who has joined as Vice President in the Washing...
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Economic Update 8/05/11 Friends and Colleagues,
This week our representatives in Washington finally reached agreement on the debt ceiling; thus, averting an economic catastrophe just in the nick of time. How fortunate…How dramatic…How unconsciona...
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HFF Arranges Financing for Two CA Manufactured Home Communities 7/29/11 HFF secured $5.85 mil in financing in two separate CA manufactured home community transactions. The properties were Sierra Vista Estates in Visalia and Morada Manufactured Home Community in Stockton. The HFF team representing...
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Transwestern Lands Management Assignment for 1.6 msf Sumitomo Portfolio 7/28/11 July 27, 2011 – Transwestern Lands Management Assignment for 1.6 msf Sumitomo Portfolio
Office properties located in San Francisco, Tempe, Miami and Washington DC
Sumitomo Corporation of America (SCOA) has selected Transwest...
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Barnhart Balfour Beatty Wins 3 Awards in DBIA Design/Build Competition 6/27/11 Barnhart Balfour Beatty announced that it received three awards in the Design-Build Institute of America’s (DBIA’s) Western Region awards competition. According to DBIA, “the annual competition honors projects in California,...
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Absorption Trends Exemplify Retail Market’s Strengthening 6/23/11 Rising shopping volume and minimal construction activity will accelerate improvements in San Diego retail operations through 2011, after the market entered recovery ahead of expectations last year. San Diego was the only majo...
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Owners Have New Environmental Partner In the Pacific NW 6/17/11 Partner Engineering and Science, Inc. has opened its first office in the Pacific Northwest, in Seattle, headed by Environmental Scientist Ryan Golden. Golden played a key role in starting Partner's first New York area office ...
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