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March 29, 2024
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• Owner/User Buys 335k sf Vernon Facility
4/06/10
In a large industrial acquisition from LA’s mid-cities region, a 335k sf multi-tenant building in Vernon traded hands. The building is located at 4150 Bandini Blvd, west of the 710 Fwy and north of Slauson Ave. The price was...
Price: $3.99
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• Two LA Firms Involved in $113 Mil Texas Multifamily Portfolio Buy
4/06/10
Two Los Angeles-area real estate firms were involved in a major multifamily transaction, as CIM Group has acquired four Class A apartment communities in Texas in a deal worth $113 mil. The transaction was arranged by Multi-Ho...
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• Two Seattle Office Properties Awarded LEED Certification for Existing Buildings
4/05/10
CB Richard Ellis Group has seen 50 projects in its U.S. management portfolio obtain the LEED for Existing Buildings (Leadership in Energy and Environmental Design) certification through the U.S. Green Building Council (USGBC)...
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• La Brea Bakery Cooks Up Pair of Transactions on 130k sf Van Nuys Industrial Building
4/02/10
La Brea Bakery recently inked two separate deals on a 129.5k sf industrial property in Van Nuys that the company has been leasing from Prudential. La Brea Bakery still had 4.5 years remaining on their original lease at the b...
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• Monrovia’s Old Town Gets New Mixed-Use Res Community
4/02/10
Paragon at Old Town, a new mixed-use apartment community in Monrovia’s historic Old Town district, just opened its doors. Developed by Urban Housing Group, Paragon at Old Town provides amenity-rich living within walking-dista...
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• New LEED Industrial Project Underway in Anaheim
4/01/10
“Although 2009 was a challenging year for North Orange County’s industrial real estate market, conditions are improving as tenants and user buyers are back in the market and are looking for ways to become more efficient,” sai...
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• McCarthy Wraps Up Work on New Stadium Project at Carlsbad High School
3/31/10
Construction on a new athletic stadium at Carlsbad High School has just been completed. Located at 3557 Lancer Way, south of Carlsbad Village Dr and east of I-5, the stadium represents the second phase of a three-phased, $86 ...
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• Canyon Capital Realty Advisors Seeking Gaming Operator for Cal Neva Resort
3/31/10
As part of their ongoing upgrade of the Cal Neva Resort, Spa and Casino in Lake Tahoe, Canyon Capital Realty Advisors (“Canyon”), the property owner, is temporarily closing the 5.4k sf casino, and has begun the process of sel...
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• Webroot Software Feels More Secure After Signing New San Mateo Lease for 47k sf
3/31/10
Webroot Software has agreed to a new lease for 47k sf of office space in San Mateo, in a deal that will relocate the security software firm from Mountain View. The company’s new space is within the Crossroads office complex, ...
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• Newmark Realty Capital Arranges Two AZ Financings Totaling $20 Mil
3/30/10
Newmark Realty Capital Inc recently handled financing for two AZ deals, one an $18 mil mobile home park refi while the other a $1.9 mil short-term loan for a Scottsdale office property. In the larger of the transactions, New...
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• Commercial Activity Picking Up in San Diego
3/29/10
There has been a notable increase in leasing and sales activity across all commercial property types in San Diego, according to the latest data from Voit Real Estate Services’ San Diego office. The firm completed more than 3...
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• The Muller Company Picks Up Almost 2 msf of New Management Contracts
3/26/10
The Muller Company has been awarded three new management contracts totaling over 1.9 msf. DCT Industrial Trust Inc selected The Muller Company to manage its Phoenix, AZ portfolio of 14 industrial buildings totaling over 1.6 m...
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• Industrial Occupancy Stabilizing in Seattle-Tacoma
3/26/10
Industrial occupancy rates for commercial space in and around the Seattle-Tacoma property market appear to have stabilized, according to the latest market research from Colliers International. Based on its total square footag...
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• Pac Northwest Investor Closes $27 Mil AZ Apartment Buy
3/25/10
The seller was 109th Avenue and Olive LLC, an Arizona limited liability company of Tempe, AZ. The Buyer was Weidner Investment Services Inc. Mark Forrester and Ric Holway of Hendricks & Partners were involved in brokering the...
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• Continental Mills Inks Long-Term lease for New WA Build-to-Suit
3/25/10
Continental Mills Inc agreed to a long-term lease for a new 57.8k sf build-to-suit structure in Tukwila, WA that the company intends to use for corporate office space. The building, which is set to break ground this spring an...
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• Zumiez Purchases 168k sf Corona Distribution Facility
3/24/10
Zumiez Inc has purchased West Corona Corporate Center, a 168.5k sf industrial facility in Corona, for $11.79 mil ($70/sf). The property is located at 1346 Railroad St, north of the 91 Fwy and west of I-15, a few blocks southe...
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• OC’s KBS REIT II Closes on Another Sizable Texas Buy
3/24/10
OC-based KBS REIT II, a public, non-traded real estate investment trust, has purchased three buildings totaling 283.6k sf of Class A industrial/flex space at Plano Business Park in Plano, TX, roughly 20 miles north of downtow...
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• Steel Topped Off on New Kaiser Permanente Hospital in Fontana
3/23/10
Structural steel was topped off on a new replacement hospital for Kaiser Permanente in Fontana. Located on the southern end of the existing Kaiser Permanente Fontana Medical Center site, the hospital facility will replace the...
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• Summit Capital Looking to Place $380 Mil on Hotel Properties
3/23/10
In a welcome indicator of greater capital choices in these still very challenging times for borrowers, Summit Capital announced it will begin looking at new deals with the objective of placing roughly $380 mil of non-recourse...
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•  Investor Picks Up 45k sf NoCal Tech Building
3/19/10
A 44.8k sf Bay Area R&D/flex tech building traded hands in a recent transaction that required only two and a half weeks to close. The property, located at 1561 Buckeye Dr, south of Tasman Dr and west of I-880 in Milpitas, wa...
Price: $3.99
Executive Subscriber Price: Free
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