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1.5 msf Mixed-Use Development to Take Off at Former NASA Site in Downey
5/17/12
Manarino Realty LLC and Industrial Realty Group to build Tierra Luna Marketplace

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CPK Subleases 34k sf from Fox in Playa Vista
5/16/12
Restaurant chain will relocate their HQ into the West Building at The Bluffs at Playa Vista

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Lewis Brisbois Bisgaard & Smith Inks $45 Mil Office Renewal in Downtown LA
5/15/12
Law firm to remain at 221 N. Fig for another 10 years

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Regency Centers Collects $62 Mil from San Pedro Retail Sale
5/15/12
An affiliate of First Washington Realty purchases 200k sf Park Plaza

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KBS REIT III Adds Another 200k sf to Its Growing Portfolio
5/15/12
OC company acquires Gateway Tech Center in Salt Lake City

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Sacramento Multifamily Complex Sold to Kennedy Wilson Venture
5/15/12
409-unit asset goes for $64 mil

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Sale of Konami Building Marks Third Vegas Industrial Disposition in Six Months for CIP
5/14/12
Konami acquires 115k sf build-to-suit facility within Hughes Airport Center

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Walgreens Properties Commanding Big Dollars from Investors
5/14/12
Vegas store fetches record-setting $1,700/sf while Sunnyvale asset trades for over $700/sf

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Phoenix, AZ Apartment Community Purchased for $21.6 Mil by Utah Investor
5/11/12
274-unit West Town Court sold by Denver owner

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Sonnenblick-Eichner Arranges $29 Mil on SoCal Hotel Portfolio
5/11/12
Four properties located in in Los Angeles, San Diego, Half Moon Bay and San Luis Obispo

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Pacific Foods Leases 303k sf Wilsonville, OR Distribution Facility
5/10/12
Deal said to be largest Portland-area industrial lease for an existing building in 10 years

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MG Properties Group Closes $18.5 Mil Seattle Multifamily Purchase
5/10/12
San Diego firm acquires 137-unit The Cornelius Apartments

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Kenneth Leventhal Passes Away at 91
5/09/12
Highly respected real estate CPA and entrepreneur started namesake accounting firm back in 1949

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Historic Fairmont San Francisco Hotel Purchased by Oaktree Capital Management and Woodridge Capital Partners
5/09/12
Kingdom Holding to maintain stake in iconic property

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Investor Nabs OC Biz Park for $13.5 Mil
5/09/12
140k sf Tustin office property consists of three buildings currently only 25% leased

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Passco Refis Vegas Retail Center with $25.8 Mil
5/09/12
Silver City Plaza located on northern end of The Las Vegas Strip

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ADC Realty Group Obtains Financing for New West LA Res Project
5/08/12
George Smith Partners arranges $11 mil in joint venture and construction equity for development

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Former Unigard Campus in Bellevue Put on the Market
5/08/12
Nine-building property contains 326k sf of space

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Oakland Warehouse Owner Makes Deans’ List after Completing $19 Mil East Bay Lease
5/08/12
Bay Area refrigerated warehouse company signs long-term deal for 125k sf facility

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Major Changes Brewing for The Hamm’s Building in San Francisco
5/07/12
TMG Partners and Alcion Ventures acquire 183k sf office property with plans to spend $15 mil on upgrades

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Work Gets Started on $50 Mil West LA Res Development
5/04/12
NMS @ La Cienega to offer 125 rental units in a five-story project with retail

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SoCal Investor Spends $25.8 Mil on Scottsdale Multifamily Community
5/04/12
The Cortesian contains 332 units

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Woodbine Development and Provenance Hotels Acquire Portland’s Governor Hotel
5/03/12
Historic property to be operated by Provenance

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Academy Awards Show to Remain at Hollywood & Highland
5/03/12
CIM Group signs 20-year agreements with The Academy and with Dolby Laboratories for theater naming rights

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CT Realty Investors/American Realty Advisors Venture Closes $18.5 Mil LA-Area Ind Buy
5/02/12
Investment consists of buildings totaling 235k sf in Rancho Dominguez and City of Industry

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Gerrity Group Spends $19.5 Mil on Oceanside Retail Center
5/01/12
Old Grove Marketplace contains 81k sf of space

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Xebec Begins Work on Largest Ind Project in LA’s South Bay Since 2006
5/01/12
Two-building development slated to be one of only a handful of LEED Platinum industrial properties in the US

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Passco T-I-C Group Sells $38.5 Mil AZ Multifamily Asset
5/01/12
Alanza place is a 360-unit Phoenix apartment community

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Holland Partner Group Finances OR Apartment Buy with $26.6 Mil
4/30/12
Acquisition money on 440-unit Beaverton asset consists of an assumption and a new loan

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Uptick in Sale Activity May Signal Turnaround in CA Land Market
4/30/12
California Land Advisors closed seven deals in last week of March

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Major New Res Project Underway Just Outside of Downtown LA’s CBD
4/27/12
Holland Partners Group is building 210-unit development at 1111 Wilshire Blvd

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Urban Partners and Plaza Development Partners Sell Development Lots Within Riverpark Community in Oxnard
4/26/12
Land is fully entitled for 224-unit Mosaic Apartments project

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El Segundo Office Property Sells in $25 Mil Transaction
4/25/12
104k sf building at 2100 Park Place fetches $238/sf

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Corona Value-Add Office Buildings Fetch $24 Mil
4/25/12
Latham Management and Consulting buys 283k sf Corona Summit Corporate Center

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Two Vegas Industrial Sales Total to Over $14 Mil
4/25/12
Prologis the buyer of 170k sf asset acquired in an off-market deal

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Fresno Office Building Sells for $56 Mil
4/24/12
1325 Broadway Plaza is fully occupied by the GSA

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Newmark Realty Capital Arranges $91 Mil on Seattle-Area Retail Portfolio
4/24/12
500k sf of properties include many national tenants

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CommonWealth Partners Closes $480 Mil Seattle Office Buy
4/23/12
Purchase of Russell Investments Center is said to be largest single-asset office deal in Western US for 6 years

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Doerken Properties Obtains $23 Mil in Financing on Two Salt Lake City Properties
4/23/12
Financings were on a Class B office building and a retail property

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Matteson Spends $67 Mil on Marin County Mixed-Use Asset
4/20/12
NoCal firm buys 420k sf Millworks in Novato

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LA-Area Commercial Real Estate Financing Briefs
4/20/12
Four recent transactions arranged by George Smith Partners and Quantum Capital Partners

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Two Inland Empire Retail Centers Trade in Recent Deals Valued Over $9 Mil
4/20/12
Properties are located in Norco and Lake Elsinore

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Portland Office Asset Fetches $65 Mil
4/19/12
Portland office market sales update, courtesy of Kidder Mathews

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First Building Opens at New Broomfield, CO Live/Work TOD Community
4/19/12
Arista Uptown Apartments developed by Smith/Jones Partners LLC and designed by KTGY Group

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Macy’s Renovation Completed at Baldwin Hills Crenshaw Retail Center in LA
4/18/12
Work is part of $35 mil re-do of LA’s “original” shopping mall

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Vernon Industrial Facility Sells for Almost $11 Mil
4/18/12
200k sf building purchased by The Magellan Group

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Kennedy Wilson Collects $154 Mil from Two Apartment Sales
4/17/12
Assets are in San Jose, CA and Beaverton, OR

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Rising Realty Partners Acquires Landmark Downtown LA Asset for About $60 Mil
4/17/12
Firm engages Industry Partners to reposition PacMutual for creative office users

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Agoura Hills Retail Center Fetches $21.8 Mil
4/16/12
Loja Real Estate buys Trader Joe’s-anchored The Shops at Oak Creek

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New Retail to Take-Off at Playa Vista Runway
4/13/12
Lincoln Property venture getting ready to begin work on 14 acres acquired in the 111-acre final phase of LA Westside community

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Karlin Real Estate Wraps Up Five Transactions
4/13/12
LA firm completes two property buys and three financing deals

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TRI Pointe Homes to Build First Res Community at Bay Meadows TOD in San Mateo
4/12/12
Construction to start this summer on 63-home Amelia development

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Evernote Corp Leases 88k sf Redwood City Office Building
4/11/12
Company is relocating from smaller space in Mountain View

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Commercial Real Estate Financing Briefs
4/11/12
Recent deals from NorthMarq Capital, Lucent Capital and Newmark Realty Capital

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