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• Skin Care Products Company Spends $6 Mil on Commerce Facility
4/11/12
American International Industries has purchased a 95.4k sf industrial property in Commerce for $6 mil ($63/sf). The three-building property, located at 6009-6041 South Malt Ave, south of Slauson Ave and west of Garfield Ave, ...
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• Draftsmen & Craftsmen
4/10/12
C.W. Driver completed construction on the new, 118k sf Student Recreation Center at California State University, Northridge, (CSUN) in the San Fernando Valley community of Northridge. Designed to LEED® Gold standards by Irvin...
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• Dinerstein Companies Acquires Warner Center Multifamily Dev Site Entitled for 700 Units
4/10/12
Houston, TX-based The Dinerstein Companies has acquired a 10.4-acre site entitled for 707 apartment units in the Warner Center area of Woodland Hills. With the sale, Panavision, which has been occupying the 154k sf industrial...
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• Hager Pacific Picks Up 28-Acre Torrance Site
4/05/12
Hager Pacific Properties has acquired a 28.27-acre industrial site at 19500 Mariner Ave in Torrance. The property was purchased from Dow Chemical Company, which used the site as a manufacturing and terminal distribution cente...
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• LAX Industrial Facility to Become Party Central
4/05/12
Classic Party Rentals recently inked a 10-year relocation/expansion lease for a 96k sf industrial building in the LAX area. The company intends to use the building, located at 901 Hillcrest Blvd, south of Manchester Blvd and ...
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• Van Nuys Fractured Condo Property Refinanced with $5 Mil
4/05/12
Cohen & Associates has obtained $5 mil in new permanent financing to recapitalize the Sonterra Apartment Homes, a 99-unit fractured condominium property in the San Fernando Valley community of Van Nuys. The financing was arra...
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• NY-Based Restaurant Tossed into Downtown Los Angeles
4/04/12
Tossed signed a 10-year lease for a 2.2k sf retail property located at 700 Wilshire Blvd in downtown Los Angeles. The restaurant chain will use the space to debut their West Coast flagship location. The company plans to open ...
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• Huntington Beach Industrial Buildings Sell for $33 Mil
4/04/12
Two Class A industrial buildings totaling just over 300k sf of space in Huntington Beach recently sold for $33 mil. The acquisition consisted of a 138k sf building leased to Fisher & Paykel and located at 5900 Skylab Rd, as w...
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• Denver-Based Simpson Housing Purchases The Brockman Lofts in Downtown LA
4/04/12
Simpson Housing, a private company based out of Denver, Colorado, has purchased The Brockman Lofts, a mixed-use property with 80 residential loft condominiums and 10k sf of retail space in a sale we’re told ranks as having th...
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• Preservation Partners Development Acquires 5-Property LA Portfolio
4/03/12
Preservation Partners Development closed on a five-property Los Angeles portfolio buy consisting of four apartment properties and a land site priced at retail land value. The real estate was purchased from PI Properties and A...
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• GSP Arranges $5.8 Mil Retail Refi
4/03/12
George Smith Partners (GSP) arranged a $5.775 mil refi on a 100% occupied, unanchored strip retail center in Santa Clarita.
The property’s location outside of a core market presented a challenge, yet GSP was able to identif...
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• El Segundo Aerospace Facility Sells for Over $11 Mil
4/03/12
A 32.6k sf office building net-leased to the Aerospace Corporation in El Segundo sold for $11.4 mil, which works out to $349 per sf and a cap rate of 7.25 percent. Located at 2200 East Grand Ave, the single-tenant, state-of-t...
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• Marina del Rey Industrial/Office Properties Fetch $6.5 Mil
4/03/12
Three adjacent buildings in Marina del Rey, one the former office of Carroll Shelby, the American icon who made the AC-based Shelby American Cobra and later the Mustang-based performance cars for Ford Motor Company, were sold...
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• Investors Trade 51-Unit Multifamily Asset in LA’s Koreatown
3/30/12
A five-story, 51-unit multifamily property located at 738 S. New Hampshire Ave in Los Angeles’ Koreatown area sold for $2.675 mil. The property is walking distance to Wilshire/Vermont Metro-rail stop which features both the R...
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Executive Subscriber Price: Free
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• Brookfield Signs All-Star Line-Up of Food Choices at Its TASTE FIGAT7TH
3/29/12
Brookfield Office Properties has signed a number of gourmet food concepts that will help define TASTE FIGAT7TH, a culinary collection of chef-driven, accessible, quick-service casual eateries that will anchor the dining exper...
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Executive Subscriber Price: Free
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• West Hollywood Apartment Property Sold for $5.75 Mil
3/29/12
The Villa Rosa, a 40-unit apartment building on the Sunset Strip in .Hollywood, sold for $5.75 mil ($144k/unit). The iconic, five-story property is located at 7850 W. Sunset Blvd, a block east of Fairfax Ave.
The unit mix at...
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Executive Subscriber Price: Free
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• Beech Street Arranges $18.6 Mil on Two LA-Area Apartment Properties
3/27/12
Beech Street Capital has provided $18.6 mil in Fannie Mae conventional loans to refinance a portfolio of two Los Angeles properties, the Sanderson Apartments and La Luna at Beverly Hills. Together, the properties total 109 un...
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Executive Subscriber Price: Free
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• TV Production Firm Inks Leases Totaling 75k sf in West Hollywood and North Hollywood
3/27/12
Entertainment industry firm Endemol USA recently inked two LA-area leases for a total of roughly 75k sf of space. The programming content producer, best known for such hits as “Big Brother,” “Wipeout,” “Extreme Makeover: Home...
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Executive Subscriber Price: Free
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• Trio of Santa Monica Office Properties Sold in Separate Deals
3/26/12
Three smaller Santa Monica office properties recently traded hands in separate transactions brokered by West LA-based Madison Partners. The buildings range in size from 7.5k sf to about 37k sf.
The largest of the transaction...
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Executive Subscriber Price: Free
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• Historic Apartment Property in LA’s Koreatown Sells for $6 Mil
3/23/12
The historic 45-unit Art Deco Trophy Building in Los Angeles’ Koreatown sold for $6.1 mil, or $135.5k/unit. The property is located at 511-521 Oxford Ave, south of Melrose Ave and east of Western Ave.
The building has been m...
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Executive Subscriber Price: Free
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