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March 2, 2021
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• RiverRock Real Estate Group Gets a New HQ Office Building in Irvine
RockRiver 8 LLC, an LLC comprised of RiverRock Real Estate Group Founder John Combs and Sheldon Harte, founder of Harte Brownlee & Associates, has acquired a 20.4k sf, single-story office building in Irvine. The building, loc...
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• Excel Packaging’s HQ Becomes First OC WELL-Certified™ Space
The first WELL-Certified™ space in Orange County – Excel Packaging’s headquarters located at 9313 Research Dr in Irvine – has been completed. H. Hendy Associates led the WELL certification for the 7k sf office space, which ea...
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• KBS Partners with Technology Firm to Reconfigure Office Space to Create Safe Working Environments for Tenants
KBS has partnered with Maptician, a cloud-based, workplace management platform, to utilize technology and data to reconfigure office and community spaces to facilitate an organized and safety-conscious return-to-office for te...
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• Pathfinder Partners Awards Portfolio Management Contract to Sunrise Management
Pathfinder Partners has awarded the management assignment for eight San Diego multifamily communities to locally-based Sunrise Management. Sunrise will assume the leasing and day-to-day operations of the properties and assist...
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• Parallel Capital Partners Installs Plasma Air Systems at Two Phoenix Office High-Rise Properties
With safety concerns amid the COVID-19 outbreak mounting, San Diego-based Parallel Capital Partners Inc has implemented stringent safety protocols at two Phoenix high-rises, including the installation of state-of-the-art Plas...
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• Transwestern Real Estate Services Awarded Property Management and Office Leasing Duties for Historic Oakland Tower
Jordan Real Estate Investments has awarded the property management services for the Central Building in Oakland to Transwestern Real Estate Services. The agreement includes leasing of the office space at the building, located...
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• DWG Capital Partners Invests in Waste-Water Treatment and Reclamation Facility in San Bernardino County
DWG Capital Partners has invested in the operational acquisition of a waste-water treatment and reclamation facility in San Bernardino County. The facility is located at 11225 Mulberry Ave, south of I-10 and east of I-15 in F...
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• Overton Moore to Install 275 Charger Stations at Spec Bay Area Development
Overton Moore Properties (OMP) has commenced work on Phase II at Pacific Commons South (PCS) has commenced Phase II in Fremont. As part of the development, Overton Moore is undertaking one of the largest individual installati...
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• Electric Utility Rate Optimization Tool from Gridium Saves $47,000 in Expenses at Bay Area Office Park
Gridium’s new electric utility rate optimization tool has cut approximately $47,000 in operating expenses at The Towers Emeryville, an 814k sf, Class A office park in Emeryville, which is part of a KBS client portfolio. Gridi...
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• Review of Key Provisions in Proposed California Legislation (SB-939) Impacting Commercial Real Property Owners and Developers
By: Jonathan N. Zweig Associate Cox, Castle & Nicholson LLP There is urgency legislation pending in the State of California known as Senate Bill No. 939 (“SB-939”) that proposes to add Section 1951.9 to the Civil Code (“Sec...
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• Most Employers in CBRE Study Favor Phased Return to Workplace
This report was provided by real estate services firm CBRE. Most companies included in an analysis by CBRE plan to take a gradual, cautious approach to bringing employees back to their workplaces as governments begin to lift...
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• Los Angeles Better Buildings Challenge Names Its Annual Innovation Awards Winners
Following Mayor Garcetti’s “Safer at Home” Order, the Los Angeles Better Buildings Challenge (LABBC) recently celebrated its 6th Annual Innovation Awards virtually, presenting the city’s most prestigious sustainability prizes...
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• 191-Unit Phoenix Res Development Awarded LEED Gold Certification
Astor at Osborn, a 191-unit apartment building in Phoenix, was awarded LEED Gold certification. The property, which opened last year to residents, is located at 7th Ave and Osborn Rd in the heart of Midtown Phoenix, directly ...
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• Here are Some Tips for Landlords and Tenants on How to Re-Open Office Spaces
In an effort to better prepare clients for post-COVID-19 recovery and the eventual return to the workplace, global real estate services firm Cushman & Wakefield has released Recovery Readiness: A How-to Guide for Reopening yo...
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• Property Owners and Businesses Suffering Financial Losses Should Consider Property Tax Appeals
In these current, crazy times, many property owners are facing a rapidly changing economic situation with the potential for significant negative financial impact to their businesses. In an effort to provide some assistance, w...
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• California’s COVID-19 “Stay at Home Order” to Test Force Majeure Provisions in Many CRE Contracts
This column was written by the law firm of Jackson Tidus, out of Irvine. As most of you are already aware, on Thursday, March 19, 2020, Governor Gavin Newsom issued Executive Order N-33-20, a "Stay at Home Order" intended to...
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• Old Oakland Management Assignment Awarded to Transwestern Commercial Services
Property management services for Old Oakland, a 238k sf, mixed-use portfolio in Oakland was just awarded to Transwestern Commercial Services. The portfolio, consisting of 10 buildings spanning Eighth to 10th Streets between B...
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• Arizona Multi-Tenant Office Building Awarded LEED Gold Certification
Hines’ Offices at Chandler Viridian, a six-story, 252.4k sf Class A office building in Chandler, AZ, has recently earned Gold certification from the U.S. Green Building Council’s LEED® Core and Shell rating system. The struct...
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• Premier Workspaces Opens New Anaheim Hills Location
Irvine-based Premier Workspaces has opened its newest location in Anaheim Hills. Premier took over management of the shared workspace, located at 155 N. Riverview Dr. Premier is one of the largest privately-owned flexible wor...
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• Los Angeles and Orange County Named Among Greenest Markets in the U.S. for Both Office and Multifamily
This report was provided by real estate services firm CBRE Los Angeles and Orange County rank among the greenest markets in the country, according to the annual Office Green Building Adoption Index and inaugural Multifamily ...
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