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March 29, 2024
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PROPERTY MANAGEMENT NEWS
Archive
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• Los Angeles Better Buildings Challenge Names Its Annual Innovation Awards Winners
5/11/20
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
5/04/20
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
4/23/20
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
4/06/20
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
3/25/20
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
2/10/20
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
1/24/20
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
12/09/19
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
11/06/19
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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• Avison Young Acquires San Diego-Based McKinney Advisory Group Inc
10/09/19
Avison Young has acquired San Diego-based brokerage and property management firm McKinney Advisory Group Inc. The purchase represents Avison Young’s first acquisition in San Diego and further expands the company’s full-servic...
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• Kidder Mathews Awarded 2.9 msf Industrial Portfolio Management Assignment
7/25/19
Investment management advisor, BentallGreenOak, has selected Kidder Mathews to manage a 13-building industrial portfolio consisting of a combined 2.9 msf of space in Portland, OR. The assets are part of the five-building, 2....
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• A Big Property Tax Change May Be on Its Way for the Golden State
7/16/19
by Scott Toussaint, Esq. General Counsel Capital Rivers Commercial California isn’t exactly known as a “pro-business” State. But despite this well-earned reputation, for the last four decades -- since the passage of ...
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• Kimpton Hotel Wilshire in L.A. to Undergo a Full Modernization
5/30/19
Renovation work has begun on Kimpton Hotel Wilshire, a 41.9k sf boutique hotel on Los Angeles’ westside that was originally built in 2011 as an adaptive re-use of a 1951 office building. The property is owned by OSM Investmen...
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• RiverRock Real Estate Group Lands Management Contract for Retail Portion of Liberty Station in San Diego
5/13/19
May 13, 2019 RiverRock Real Estate Group Lands Management Contract for Retail Portion of Liberty Station in San Diego Assignement includes over 328k sf of space Pendulum Property Partners has awarded RiverRock Real Estate G...
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• Parallel Capital Partners to Handle Asset Management for 1 msf Honolulu Portfolio
5/07/19
San Diego-based Parallel Capital Partners Inc has taken over asset management of a $300 mil portfolio of commercial and retail properties in downtown Honolulu. As part of the deal, Parallel will oversee day-to-day management ...
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• Warner Center Office Tower to Undergo $50 Mil Makeover
5/01/19
An extensive revamp of Warner Landmark, a 12-story office tower located at 21555 Oxnard St in the heart of Woodland Hills, is expected to start in January 2020. The project is being undertaken by the property’s private owners...
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• JLL Acquires Corporate Concierge Services
3/20/19
JLL has acquired Corporate Concierge Services (CCS), a national provider of onsite tenant amenity and concierge solutions for retail, office, residential and hospitality properties. The acquisition, which is effective immedia...
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• Knotel’s Portfolio Expanded by Over 300% in 2018
12/20/18
Agile workspace provider Knotel reports that its footprint more than tripled in 2018 – increasing by 318% -- and it expects similar growth in the coming year. Knotel, which signed its first lease three years ago, grew in 2...
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• Study Shows that Quality of Property Management Services Impacts Business’ Employee Retention Abilities
7/10/18
As employers strive to create a healthier, more collaborative and productive work environment for employees, the quality of property management and the incorporation of technology are critical considerations when making locat...
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• CBRE Lands Property Management Assignment for The Bloc in Downtown L.A.
6/11/18
National Real Estate Advisors LLC has awarded CBRE Asset Services the property management assignment for the retail and office components of The Bloc, a high-profile mixed-use redevelopment property in downtown Los Angeles. ...
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