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• Watson Closes 267k sf Carson Industrial Buy
11/03/08
Watson Land Company purchased a 266.8k sf industrial building with eight acres of extra land in the city of Carson. The single-tenant property is located at 771 Watson Center Rd, south of E 223rd St and just east of Avalon Bl...
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• Draftsmen & Craftsmen
11/03/08
Studio Pali Fekete architects (SPF:a) recently master-planned and completed Phase I design work on the first of several private aviation facilities at the Van Nuys Regional Airport for Maguire Aviation. SPF:a created a very d...
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• Premier Business Centers Helps Companies “Right-Size” Office Space During Economic Turbulence
10/31/08
Over the past few months, the ongoing U.S. recession has forced many attorneys, mortgage companies, residential real estate, and financial and professional services companies to either vacate or consolidate their facilities. ...
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• Voit Sells Out Sun Valley Condo Project
10/30/08
Wheatland Commerce Center, a 72k sf multi-tenant property comprised of 24 industrial condominium units situated on 3.5 acres of land, has sold out. The project, a development of Voit Development Company, is situated in close...
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• Beverly Hills Office Building Refinanced with $29 Mil Defeasance
10/28/08
We don’t often report on defeasance transactions, however, we thought we’d let you know about a notable deal on the Westside of LA. A defeasance is a substitution of collateral in which a portfolio of government securities re...
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• Gangi Completes $14 Mil San Gabriel Valley Mixed-Use Project
10/27/08
Work on Vermont Avenue Lofts, a $14.2 mil mixed-use development in the city of Glendora, has been completed. The project, located at 130 N. Vermont Ave, just north of Foothill Blvd, sits but 100 yards from Glendora’s redevelo...
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• Palmdale Retail Center Generates $540/sf Price Tag
10/24/08
A private investor from Glendale paid $6.26 mil for an 11.6k sf ($540/sf) retail property in Palmdale. The property, which fronts a regional town center anchored by a Wal-Mart Supercenter, Sam’s Club, Kohl’s and Office Depot ...
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• Private Investor Soaks Up The Waterfront
10/23/08
In a very notable South Bay multifamily investment deal, a 161-unit Redondo Beach apartment complex was acquired by a private investor for $49 mil, or just over $304k/unit. The property, The Waterfront, is located at 211 Yach...
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• Wrightwood Capital to Acquire Hanover Financial’s Investment Fund Management Team
10/23/08
In the latest merger news from the commercial financing arena, Wrightwood Capital has acquired the Investment Fund Management team of Hanover Financial Company. The transaction includes the transfer of capital commitments fro...
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• New RENTV Executive Report: West Los Angeles Tenants in the Market
10/22/08
Find out what companies are looking around LA’s Westside for new space. RENTV’s just-posted West Los Angeles “Tenants in the Market” Executive report lists around two dozen companies said to be searching for new digs in and a...
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• It’s Time We TOLD You About Two West Valley Sales
10/22/08
A TOLD Partners brokerage team of Gary DiMartino, Michael Loewenstein and Bill Kogel was involved in two recent West Valley sales with a combined value in excess of $6 mil. In one of the transactions, they represented Northri...
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• Kennedy Wilson has a New Guardian
10/21/08
Beverly Hills-based Kennedy Wilson has completed an arrangement in which they’ve sold an ownership interest in the firm to a major outside organization. In this deal, The Guardian Life Insurance Company of America (Guardian),...
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• Susan Rorison Named President of Watt Commercial Properties
10/21/08
Susan Rorison has been named President of Watt Commercial Properties. Rorison will lead the strategic development, leasing and management services for the company’s 60 retail, residential, office and industrial properties th...
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• Compton Warehouse Facility Fetches $6.9 Mil
10/21/08
A 51.7k sf Class A warehouse/distribution facility in Compton was acquired by the principals of FallTech, a full-line domestic manufacturer of personal fall arrest products, for $6.89 mil ($133/sf). The building sits on two a...
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• Vernon Industrial Sale Rings Up $17 Mil
10/17/08
Jacob Kahobian, the owner of Paper Source Converting & Manufacturing, closed on the purchase of two industrial buildings totaling 180.9k sf in the city of Vernon for $17.2 mil ($95/sf). The buildings are located at 4700 and 4...
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• New RENTV Executive Report: Downtown Los Angeles Hot Transactions
10/17/08
RENTV’s latest Executive Subscriber report will update you on the past 12 months of closed deal comps from downtown Los Angeles. The report, which looks at closed office, industrial and retail lease and sale transactions from...
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• New Affordable Housing Seniors Project Opens in Palmdale
10/15/08
Cielo Azul, a new 81-unit senior housing project developed by AMCAL Multi-Housing Inc in the north LA County city of Palmdale, just celebrated its grand opening. Located at 38040 27th St East, the 100% affordable housing deve...
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• CREW-LA Announces Its 2009 Board of Directors
10/14/08
The LA chapter of Commercial Real Estate Women (CREW-LA) just announced its 2009 Board of Directors. The organization, which provides a professional forum for enhancing business development, industry expertise, networking op...
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• Activity is Blossoming at The Gardens
10/13/08
A new 159-unit luxury, mixed-use residential development located in the heart of LA’s historic Wilshire Center area has reached 50% leased since opening on July 31st. Called The Gardens at Wilshire, the six-story project was ...
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• Seventh Street Enjoys Fifth Sale
10/09/08
In the latest sale at Seventh Street Development's Mission-71 Business Park in Pomona, the American subsidiary of China National Aero-Technology Import and Export Corporation (CATIC USA) has purchased a new 22.2k sf industria...
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