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• Northridge Levitz Building Converted into Ashley Furniture HomeStore
1/03/12
Conversion construction work on the former Levitz building at Northridge Fashion Center in Northridge has been completed. The 34k sf building was converted for the opening of an Ashley Furniture HomeStore.
Hodgdon-Miank Con...
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• Dominion America Realty Advisors Completes Loan Mod and Restructuring of Retail Property Financing
12/28/11
West LA-based Dominion America Realty Advisors (“DARA”) recently completed a loan modification and the restructuring of the financing on a major shopping mall in the State of Kansas. DARA’s President, Paul Horvitz, and Vice ...
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• Draftsmen & Craftsmen
12/27/11
Soka University of America’s new Soka Performing Arts Center and Academic Building project, which opened in September 2011, recently received Leadership in Energy & Environmental Design (LEED) Gold Certification from the Unit...
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• Christmas Day in Los Angeles
12/26/11
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• Draftsmen & Craftsmen
12/21/11
The West Hollywood City Council has granted the Pacific Design Center’s (PDC) petition to replace the existing single windows of PDC’s Green Building with a ribbon of “vision glass” windows on each floor. The existing punched...
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• Marcus & Millichap’s Alvin Mansour Closes 13 Single-Tenant Sales in 3rd Qtr 2011
12/07/11
Marcus & Millichap’s Alvin Mansour has negotiated the sale of 13 single-tenant property transactions in locations across the country during the third quarter. In all, Mansour, based out of M&M’s San Diego office, represented ...
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• Draftsmen & Craftsmen
12/06/11
Saunders Construction Inc completed a substantial seismic retrofit of 3000 Olympic Boulevard, a two-story, 208k sf office building that is part of the Lantana Center campus in Santa Monica. Lantana Center is a five-building, ...
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• Draftsmen & Craftsmen
10/28/11
Construction has begun on a redesign of Los Angeles City College’s Clausen Hall, a 60k sf facility for the school’s music department at the 78-year-old Los Angeles campus. The $13 mil modernization and systems upgrade project...
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• Draftsmen & Craftsmen
10/25/11
One of the largest infill solar panel projects in central Los Angeles was completed at the end of summer 2011 for the Walter J Towers, located at 1930 Wilshire Blvd. The project was managed by LA Building Management and was ...
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• Jones Lang LaSalle Introduces New Net lease Exchange Website
10/19/11
Jones Lang LaSalle has launched it new Net lease Exchange website to help facilitate investment property trades of single-tenant, net lease properties. Jones Lang LaSalle has concluded more than $10 bil in single-tenant prope...
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• Marcus & Millichap’s San Diego Metro Area Third Quarter 2011 Office Report
10/17/11
Renewed employment growth has yet to translate into meaningful occupancy gains for the San Diego office market this year, as businesses are first backfilling under-utilized space before considering expansion, an occurrence li...
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• September CA Home Prices Up, While Units Sold Fall
10/17/11
Heightened economic uncertainty contributed to a decrease in California home sales in September, according to the latest data from the California Association of Realtors® (C.A.R.). Nonetheless, September home sales posted hi...
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• Commercial Real Estate Financing Briefs
10/14/11
NEWMARK REALTY CAPITAL -- Terri Slocombe and Braden Turnbull of Newmark Realty Capital arranged permanent financing of $12.23 mil for the Sylmar Cascades industrial building, a 200.6k sf industrial property located in the cit...
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• Economic Update
10/05/11
Friends and Colleagues,
The Fed recently unleashed “Operation Twist” with the hope of providing some stimulus to the economy.
Did we need additional stimulus? Was this the right move? Please read on to see what our friends...
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• Marcus & Millichap’s Los Angeles County Office Report 3Q2011
9/28/11
Marginal tightening in the Los Angeles office market will persist through 2011, but considerable time is required before metrowide vacancy returns to single-digit territory recorded prior to the recession. Countywide absorpti...
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• Marcus & Millichap’s San Jose Metro Area Multifamily Report for 3Q2011
9/27/11
Apartment vacancy in South Bay is poised to reach a decade low by year-end 2011 as renewed job creation and the region’s still-high cost of living fuels renter demand through the coming months. The region’s operational recove...
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• Kennedy Wilson to Auction 70 REO Properties in Mid-October
9/23/11
Kennedy Wilson will conduct an auction of 70 bank-owned properties located primarily throughout Oregon and California. Property types include single family homes, condominiums, multifamily, retail, office and land. The auctio...
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• Draftsmen & Craftsmen
9/23/11
The new 21k sf Ramona Library in the San Diego-area town of Ramona has been granted LEED Gold certification by the U.S. Green Building Council. The project, built by C.W. Driver, is the second-largest library in San Diego Cou...
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• Draftsmen & Craftsmen
9/21/11
The County of San Diego has awarded Balfour Beatty / Barnhart the first phase of a two-phase contract for design-build services to construct the new $221.5 mil San Diego County Women’s Detention Facility in Santee, CA. The j...
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• Nick DiCosola and Ron Barbieri Team up with Joe Brady in New Venture
9/20/11
Commercial real estate veterans Nick DiCosola and Ron Barbieri have teamed up with another SoCal industry leader, Joseph Brady, in a newly formed venture with The Bradco Companies, Brady’s successful real estate services firm...
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