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• Bank of America Plaza Achieves LEED EB:OM Certification
8/19/10
Bank of America Plaza office tower, the landmark, 55-story skyscraper at 333 S. Hope in downtown LA’s Bunker Hill area, has achieved the prestigious LEED EB:OM (Existing Buildings: Operations & Maintenance) Gold certification...
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• RiverRocks Lands 1.6 msf AZ Assignment
8/11/10
Newport Beach-based RiverRock Real Estate Group was awarded the management assignment for a 1.6 msf industrial portfolio in Phoenix, AZ. The portfolio includes 14 large box manufacturing and distribution warehouse buildings. ...
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• ARK Management Lands 424k sf Retail Assignment
8/02/10
ARK Management was awarded the management assignment for Lake Elsinore Marketplace, a 424.9k sf power center in Lake Elsinore, CA. The firm has added more than 650k sf of third-party commercial management space to its portfol...
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• Grubb & Ellis Lands 160k sf Petaluma Office Management Assignment
7/12/10
U.S. Bank has selected Grubb & Ellis Company to manage nearly 160k sf of office space at Redwood Business Parks III and V in Petaluma. The assets consist of five properties located close to US Route 101 and Petaluma Municipal...
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• 600k sf Seattle Campus Achieves LEED Silver Certification
7/08/10
Seattle Union Station LLC, a 606k sf, three-building business campus in Seattle, has been certified LEED® EB O&M Silver (Leadership in Energy and Environmental Design, Existing Buildings: Operations and Maintenance). The comp...
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• ARK Lands Two Additional San Diego Management Assignments
7/01/10
ARK Management has added two San Diego-area properties, totaling more than 100k sf of space, to its third-party management portfolio in May 2010 alone. The new third-party management contracts are for Siempre Viva III in San...
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• Carried Interest Defeated in Senate
6/25/10
We just received this update from BOMA International and have reprinted it for you verbatim from BOMA:
“Yesterday evening the Senate cloture vote to end debate on HR 4213-- American Jobs and Closing Tax Loopholes Act of 2010...
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• Michael Prabhu Named Director of Property Management for Southwest Region at JLL
6/23/10
Michael Prabhu has been named Director of Property Management of the Southwest Region at Jones Lang LaSalle. In this new role, he will be responsible for growing the firm’s property management portfolio in SoCal, Arizona and...
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• Yardi Systems Acquires DIY Real Estate Solutions
6/18/10
Yardi Systems has acquired residential property management software provider DIY Real Estate Solutions. DIY co-founders Don Katt, Steve Lloyd, and Alison Cavano, who were major contributors to the success of MRI Software for ...
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• Draftsmen & Craftsmen
5/24/10
Chef Thomas Keller recently opened his third Bouchon restaurant, located in the Beverly Hills Garden Building at 235 Canon Dr, in the heart of Beverly Hills. The 14.2k sf Bouchon space includes a ground-floor reception area ...
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• SoCal Chapter of CoreNet Global Announces 2010-2011 Board of Directors
5/05/10
The SoCal chapter of CoreNet Global, the international association of corporate real estate (CRE) professionals and workplace executives, has announced the appointment of its 2010-2011 Board of Directors. The board is led by ...
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• NewMark Merrill Companies Lands 385k sf of New Retail Management Assignments
4/27/10
Woodland Hills-based NewMark Merrill Companies has just been awarded five new property management contracts totaling 385.7k sf of space. The latest contracts include the following centers: Capistrano Collection, Del Amo Plaza...
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• San Francisco Res Tower Lands New Public Art Installation
4/26/10
One Hawthorne, a new 25-story boutique luxury condominium tower in the heart of the city, is now adorned with San Francisco’s newest large-scale public art installation. “Landmark,” is the title of the 16-story (145 ft.) mura...
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• Sares Regis Group Lands 450k sf NoCal Office Management Assignment
4/21/10
Sares Regis Group of Northern California (SRGNC) has been selected to manage Marin Commons, a commercial office property situated on 35 acres in San Rafael. The property has two existing buildings containing 456k sf of renta...
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• Yardi Systems Swimming with Sharks – PropertyShark, That Is
4/20/10
Yardi Systems has acquired PropertyShark, creators of PropertyShark.com, a real estate data website. Yardi acquired the New York-based company to integrate deep property data into the Yardi suite of real estate investment ma...
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• Verizon to Offer New Concierge Service to Residential and Commercial Fios Properties
4/09/10
Verizon will offer a virtual property management service called Verizon Concierge to residential and commercial properties that have FiOS services, or soon will have them. The offering, to be provided free of charge, organize...
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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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• NY-Based Retail REIT Signs Up for Yardi’s Voyager
3/25/10
In the latest biz news from the real estate software industry, Retail Opportunity Investments Corp (ROIC) has selected Yardi Voyager™ as its property management and accounting platform. ROIC, which focuses on retail shopping ...
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Executive Subscriber Price: Free
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• Chino Hills Apartment Complex Named Community of the Year
3/22/10
Legacy Partners’ Missions at Chino Hills was awarded Community of the Year and Kathleen Blackburn received Assistant Manager of the Year honors at the APEX Awards, the Apartment Association of Greater Inland Empire’s (AAGIE) ...
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• CBRE Management Portfolio Up to 50 Properties with LEED Certification
3/17/10
The U.S. Green Building Council (USGBC) has awarded LEED for Existing Buildings (Leadership in Energy and Environmental Design) certification to 50 separate projects managed by CB Richard Ellis Group as part of its U.S. manag...
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