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October 21, 2014
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The Foto Finisher






SOUTHERN CALIFORNIA HEADLINES

 News

 Etc. Etc...
The Koll Company Closes $158 Mil Refi of Airport Business Center
10/21/14
CBRE arranges loan on 1.2 msf Irvine biz park

Three SoCal Marriott Hotels Sold Out of Receivership
10/21/14
Properties part of a five-hotel portfolio sold by Trigild

El Segundo Business

Lake Forest Biz Park Seeing Considerable Activity
10/21/14
Two units have sold with another three in escrow at Foothill Business Park

Pacific Southwest Realty Services Arranges Refi Money on Camarillo Shopping Center
10/20/14
$5.5 mil loan secured by 59k sf Santa Rosa Plaza



Regus Signs for 15k sf at San Pedro Office Tower
10/20/14
Firm inks deal for fourth floor space at recently re-branded Topaz

Rancho Cucamonga Retail Property Sells for $5 Mil
10/17/14
Plaza De Las Brisas contains 35k sf of space

Studio City Office / Retail Building Sells for Almost $400/sf
10/17/14
Multi-tenant building located near major studios


Johnson Capital Arranges $32 Mil in Construction Money for San Fernando Valley MOB Project
10/17/14
112k sf Ventana Medical Plaza to be located in Tarzana

The Swig Company and Intercontinental Real Estate Corporation Team Up in $21 Mil Culver City Office Buy
10/16/14
Venture acquires 75k sf Fox Hills Business Park

Canadian Firm Buys Historic Building in Downtown LA
10/15/14
12-story National City Tower to remain a residential complex, but with upgrades

Owner/User Buys 22k sf South Gate Swap Meet Property
10/16/14
Buyer to use 22k sf facility for its non-profit business

Radiology Partners Leases 12k sf of El Segundo Office Space
10/16/14
Firm relocating from smaller space elsewhere in the city

Two LA County Retail Sales Total Nearly $30 Mil
10/16/14
Hanley Investment Group pros broker the sales of Sierra Commons in Palmdale and Pacific Plaza in Torrance

Manning & Kass, Ellrod, Ramirez, Trester LLP Renews Its 80k sf HQ Office Space in Downtown LA
10/15/14
Firm to remain in two floors at 801 S. Figueroa

Private Investor Pays $338k/Unit for Newport Beach Apartment Property
10/15/14
32-unit Fairway Villas built in 196332-unit Fairway Villas built in 1963

Ontario Distribution Center for Pier 1 Imports Lands $54 Mil in Refi Money
10/15/14
Loan arranged by HFF and funded through Cornerstone Real Estate Advisors

Chula Vista Res Property Trades for $11 Mil
10/14/14
Castle Park Garden consists of a 62-unit building along with eight adjacent units

Xebec Realty Partners to Start Work on 343k sf Azusa Industrial Park
10/14/14
Project to contain three spec buiildings

NCA Real Estate to Build 110k sf Medical Office Building in Mission Viejo
10/14/14
NGKF to handle leasing for project, located across from St. Joseph’s Mission Hospital

Building in San Diego’s Miramar Area Sells for $5 Mil
10/14/14
Office/industrial property located within Centrepoint Court

San Gabriel Valley Office Property Purchased for Conversion into Condo Units
10/13/14
CGM pays $7 mil for 40k sf Diamond Bar building

San Diego Industrial Property Acquired for Use as Support Facility for the Western Pacific Naval Fleet
10/13/14
18k sf building goes for $135/sf

HFF Arranges $10 Mil on San Luis Obispo Manufactured Home Community
10/10/14
Creekside Community is a 217-home complex serving all ages

Longust Distributing Inks Lease for 94k sf at Anaheim Concourse
10/10/14
Firm to take occupancy after building completed later this year at new 1.4 msf OC biz park

Brazilian Steakhouse Inks Deal for New Restaurant in Downtown LA
10/09/14
Fogo de Chao signs long-term lease at 800 S. Figueroa

Former Home Depot Property in Oxnard Sells for $20 Mil
10/08/14
Seller brought in Vallarta as anchor tenant

Investors Pick Up Westlake Village Office Properties
10/08/14
Two building totaling 84k sf trade in recent deals

Trion Properties Makes Culver City Value-Add Apartment Buy
10/08/14
Firm plans to execute full rebranding plan for the 28-unit property

Westwood Financial Refis Long Beach Retail Property
10/08/14
HFF arranges $15.5 mil loan on Belmont Shopping Center

Pacific Southwest Realty Services Arranges $3.5 Mi in Refi Money for Santa Monica Retail Site
10/07/14
Parcel contains a Target-owned store on a ground lease along with two smaller retail buildings to be demolished and replaced

Ventura Retail Center Trades for Over $23 Mil
10/07/14
Regency Centers sells 76k sf Ventura Village Shopping Center

Historic Building on Rose Parade Route in Pasadena Sells for $36 Mil
10/07/14
123k sf property contains office space over ground floor retail

Ness Holdings Picks Up Three Value-Add LA Apartment Properties
10/07/14
Firm spends $11.5 mil for 62 units

Glendale Apartment Sales Comp Works Out to $232k/Unit
10/06/14
Seven-unit asset generates 11 written offers and trades at full asking

TriGate Capital / Lotus Real Estate Partners Venture Buys 100k sf Otay Mesa Industrial Facility
10/06/14
Seller leases back 55% of the property

Compton Industrial Facility Trades in Deal Worth $117/sf
10/03/14
SLAB Properties buys 72k sf building

Burbank Office Building Acquired by Chinese Investment Group for $22 Mil
10/03/14
77k sf property to provide incubator space for Chinese firms looking to become more involved with the entertainment industry

Raintree Partners Buys 39-Unit Studio City Apartment Property
10/02/14
Fully occupied asset gores for $243k/unit

San Gabriel Valley Shopping Center Receives $71 Mil in Refi Money
10/01/14
Financing consists of a senior mortgage and a mezz loan for Huntington Oaks Shopping Center in Monrovia

100k sf Inglewood Plaza Sold in Two Deals Totaling $27.5 Mil
10/01/14
Cole Credit Property Trust IV Inc buys the bulk of the fully occupied community shopping center for $25 mil

Newly Merged Architecture Firm Takes Full Floor at Historic Building in LA’s Chinatown
10/02/14
Built in 1912, three-story building at 837 North Spring to be rehabilitated by Redcar Properties

Roll Real Estate Starts Work on Master-Planned Biz Park in Bakersfield
10/02/14
CrossRoads Business Park to offer spec and build-to-suit space for office, retail, medical and light industrial uses

All-Ways Pacific Leases 254k sf La Mirada Facility
10/02/14
Class A building to be used for logistics needs

Construction Gets Started on New Residence Inn by Marriott in Pasadena’s Old Town
10/01/14
Project being developed by Fair Oaks Hotels at an estimated cost of $30.5 mil

Employees Happier and More Productive at CBRE’s Non-Traditional “Workplace360” Offices
10/21/14
One year after launching workplace in downtown LA, firm has rolled out new initiative at 11 U.S. sites

Photo Taken at LA’s One Bunker Hill a Winner in Annual CBRE Urban Photographer Competition
10/14/14
Theme of this year’s contest is “Cities at Work”



CA Housing Market Expected to Normalize in 2015
10/10/14
Sales to slow with prices to see the least appreciation in four years

SoCal Office Market Continues to Gain Momentum While Industrial Demand Outpaces Supply
10/09/14
Industry update for Los Angeles, Orange County and the Inland Empire provided by CBRE Research

Tightening Conditions Leading More Major US Office Markets to Reach Tipping Point
9/26/14
CBRE’s OccupierView report says declining vacancy rates will create more “landlord-favorable” cities

SoCal Chapter of CoreNet Global to Hold Annual REmmy Awards on November 6
9/25/14
Call for entries is now open

Cassidy Turley to Be Acquired by DTZ Investment Holdings Affiliate
9/23/14
Former CBRE CEO Brett White to be Executive Chairman of the new company

PM Realty Group Takes Multifamily Management In-House
9/18/14
Firm hires industry veteran Joan Maxwell as part of new

CA Home Sales Slow in August
9/17/14
Median home price in the state increases to $480k

US Investors Increase European Commercial Real Estate Acquisitions by 75%
9/02/14
CBRE reports that U.K., Germany, France and 'Recovering' Markets Targeted by U.S. Investors

California Home Investors Buying Greater Number of Homes in Rural Areas
8/22/14
C.A.R. survey uncovers interesting trends as market dynamics change

CA Home Prices Increase but Pace of Appreciation is Slowing
8/21/14
July median home price statewide was $464,750

High-Tech Sector Leading the Nation’s Office Market Recovery
8/15/14
Tech industry employment growth fueling rent increases in the strongest markets according to CBRE report

Draftsmen & Craftsmen
8/14/14
Balfour Beatty Construction handling $53 mil renovation of Zura residence hall at San Diego State University

Leasing Activity Strong in the Carson/Rancho Dominguez/ 91 Freeway Corridor submarket of L.A.’s South Bay
8/01/14
According to latest data from The Klabin Company, leasing for first half of 2014 already exceeds activity for all of 2013

CBRE Unveils Its Workplace360 in Ontario
7/31/14
Inland Empire location is latest office to go with the firm’s “free address” workspace set-up


California Recovery Lifting Office, Industrial and Multifamily Real Estate in the State
7/24/14
Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey finds increased optimism and new construction across all markets

The SoCal Industry Event Guide
4/28/14
Our Lineup of Organizations' Meetings, Shows, and Conferences for SoCal R.E. Pros


Lone Oak Fund 2014

 
Parking Concepts Inc

 


 


 
 





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