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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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CO Office Landlord Solves Vacancy Issue by Filling Building with Gas 9/08/11 SourceGas, a natural gas local distribution utility, signed a long-term lease for 52k sf of office space in Golden, CO. The company will be relocating from Lakewood in 2012 when they take possession of their new space at 600 ...
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HUD Announces $56 Mil for Community Development and Affordable Housing in CA for Remainder of 2011 9/06/11 California will receive more than $56 mil from the U.S. Housing and Urban Development to support community development and produce more affordable housing in the state. HUD’s annual funding will also help find homes for indi...
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Johnson Capital Adds Four as Part of National Growth Strategy 9/01/11 Johnson Capital has added four financing professionals to its nationwide team as part of the firm’s ongoing growth strategy. These new Johnson executives include: Edward Wilson, who has joined as Vice President in the Washing...
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Economic Update 8/05/11 Friends and Colleagues,
This week our representatives in Washington finally reached agreement on the debt ceiling; thus, averting an economic catastrophe just in the nick of time. How fortunate…How dramatic…How unconsciona...
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HFF Arranges Financing for Two CA Manufactured Home Communities 7/29/11 HFF secured $5.85 mil in financing in two separate CA manufactured home community transactions. The properties were Sierra Vista Estates in Visalia and Morada Manufactured Home Community in Stockton. The HFF team representing...
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Transwestern Lands Management Assignment for 1.6 msf Sumitomo Portfolio 7/28/11 July 27, 2011 – Transwestern Lands Management Assignment for 1.6 msf Sumitomo Portfolio
Office properties located in San Francisco, Tempe, Miami and Washington DC
Sumitomo Corporation of America (SCOA) has selected Transwest...
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Barnhart Balfour Beatty Wins 3 Awards in DBIA Design/Build Competition 6/27/11 Barnhart Balfour Beatty announced that it received three awards in the Design-Build Institute of America’s (DBIA’s) Western Region awards competition. According to DBIA, “the annual competition honors projects in California,...
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Absorption Trends Exemplify Retail Market’s Strengthening 6/23/11 Rising shopping volume and minimal construction activity will accelerate improvements in San Diego retail operations through 2011, after the market entered recovery ahead of expectations last year. San Diego was the only majo...
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Owners Have New Environmental Partner In the Pacific NW 6/17/11 Partner Engineering and Science, Inc. has opened its first office in the Pacific Northwest, in Seattle, headed by Environmental Scientist Ryan Golden. Golden played a key role in starting Partner's first New York area office ...
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BOMA Continues Fight Against AB 350 6/15/11 This is taken directly from the BOMA Weekly Newsletter from June 10, 2011.
This week our industry confirmed its opposition to – and committed resources to defeating -- AB 350 (Jose Solorio; D-Santa Ana), a bill which create...
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Jones Lang LaSalle Charged Up Over Latest Assignment 5/26/11 As part of its $114.8 mil federal stimulus grant to construct the country’s electric vehicle (EV) charging station infrastructure, ECOtality Inc, a leader in clean electric transportation and storage technologies, has chosen ...
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Rising Gas Prices Cause Warehouse Distribution Users to Rethink Location 5/19/11 By CBRE San Francisco Bay Area Research
The data and comments in this report were provided to us by CBRE San Francisco Bay Area Research as part of an ongoing column by the leading real estate services firm exclusive for Ren...
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Economic Update 5/18/11 Friends and Colleagues,
Our ride through uncharted territory continues, as we see how the economies of the U.S., China and Europe are faring in the current environment of uncertainty. This week our friends at Wells Fargo ...
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Draftsmen & Craftsmen 5/13/11 Olive View-UCLA Medical Center in Sylmar just celebrated the opening of a new, expanded emergency services and acute care unit facility. McCarthy Building Companies served as general contractor for the $53 mil project, which ...
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BlackRidge Real Estate Group Snaps Up five-Building AZ Industrial Complex 5/13/11 BlackRidge Real Estate Group LLC has acquired Tolleson Commerce Center, a five-building 86k sf industrial project in Tolleson, AZ. BlackRidge acquired the property from Johnson Bank for $4.1 mil ($48/sf).
The state-of-the-...
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IREM-LA Presenting Seminar on Investment Real Estate Financing and Valuation 5/11/11 The LA Chapter of the Institute of Real Estate Management is presenting a seminar on Investment Real Estate Financing and Valuation. It is required for the Certified Property Management designation and offered in three parts...
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