California RealEstateRama

INLAND EMPIRE, CA - May 3, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Inland Empire office has directed the $2.74 million sale of a 13.26-acre parcel of land in Redlands, Calif. on behalf of the seller. The raw, unentitled land is zoned for commercial/office use, and was purchased for future development, according to Patrick Wood, a Senior Associate in Voit’s Inland Empire office.

EUGENE, OR - April 26, 2012 - (RealEstateRama) -- IDX, Inc. welcomes Steven Pierce, the latest real estate agent or broker to adopt IDX Broker software for their professional website. Pierce can easily maintain his website and customize the search capabilities on his website, thanks to his IDX solution. Home seekers of the Palo Alto, California now have complete access to the MLSListings Inc. MLS (MLSListings) listings. It is now easier than ever to search through, on the search page Pierce hosts. She can supply home seekers with a dynamic and thorough property search experience, all from the convenience and ease of her own website.

Innovative program established by the U.S. Green Building Council and Environmental Defense Fund to drive adoption of demand response in commercial building market Washington, DC...

Sacramento, CA - April 26, 2012 - (RealEstateRama) -- The U.S. Green Building Council (USGBC), in conjunction with USGBC California, an organization representing eight California USGBC chapters, today released its inaugural Top 10 list of State and Local Green Building Policies in California. These policies were recognized for the way each has advanced green building practices in the state.

Sacramento, CA - April 26, 2012 - (RealEstateRama) -- In the first quarter of 2012, the Sacramento industrial market posted 673,501 square feet of positive net absorption, giving the market a total of nearly 1.4 million square feet of positive absorption over the past four quarters. In addition, the vacancy rate for the region’s retail market decreased to 9.94 percent - the first sub-ten percent vacancy rate in this market in ten quarters, according to a First Quarter Market Report by Voit Real Estate Services

SOUTHERN CA - April 24, 2012 - (RealEstateRama) -- Voit Real Estate Services has directed six transactions in Orange County and Los Angeles County encompassing 121,265 square feet for a total consideration of $9.85 million

INLAND EMPIRE, CA - April 24, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Irvine and Anaheim offices have successfully directed the $24 million sale of three office buildings encompassing 282,760 square feet in the Corona Summit Corporate Center, on behalf of the seller. The property is comprised of three Class A, mixed-use office buildings, located at 2375, 2390 and 2455 Anselmo Drive in Corona, Calif.

IRVINE, CA - April 24, 2012 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that Jonathan Selznick has joined the company as vice president. Selznick was most recently a broker with Pacific Commercial Investments in Irvine, Calif., where he advised clients on the acquisition and disposition of retail investment properties

IRVINE, CA - April 23, 2012 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that William B. Asher and Patrick G. Kent represented the seller in the sale of a single-tenant Walgreens in Victorville, Calif. The purchase price was not disclosed. The reported cap rate was 5.69%.

INLAND EMPIRE, CA - April 23, 2012 - (RealEstateRama) -- Voit Real Estate Services has announced the addition of a top-producing retail team to its Inland Empire office: Tom Swieca, Tony Archer and Sandie Smith will join Voit as Senior Vice Presidents. Each of these real estate professionals has more than a decade of expertise in tenant representation and shopping center leasing and sales in both Riverside and San Bernardino counties. In addition, Dianna Bernard joins Voit as a Marketing Assistant with the Swieca/Archer/Smith team.

San Diego, CA - April 23, 2012 - (RealEstateRama) -- Voit Real Estate Services has added five top-producing brokers to its San Diego office, including specialists in industrial, office, multifamily and healthcare properties. This diverse team of highly experienced brokers includes, Brandon Keith, Robert Vallera, Jeffery Chasan, Stephen Dok, and Mathew Kennedy, according to Chris Wood, Managing Director of Voit’s San Diego office.

LAGUNA HILLS, CA - April 20, 2012 - (RealEstateRama) -- The Hodgdon Group, a full-service real estate brokerage, development and construction firm, announced today that it has completed construction on the conversion of the Circuit City building in Laguna Hills, Calif., for the grand opening of an Ashley Furniture HomeStore today, Friday, April 20.

Tulsa, Okla. - April 20, 2012 - (RealEstateRama) -- Williams & Williams, the premier brand in real estate auctions, today announced it will auction Flor de California, 9+/- miles of undeveloped Pacific coastline consisting of 11,452+/- acres (4,634 +/- hectares) of oceanfront land in Baja California Sur, Mexico. This exceptional property features wide white sand beaches, gentle swimmable surfs and substantial dunes with magnificent ocean views. The beachfront land presents attractive potential for future development as a significant tourist destination, private compound, vacation resort area, ecotourism retreat and other possibilities. Sealed bids are due by Tuesday, May 1, 2012 at 4:30 p.m. EDT and must be accompanied by a $250,000 deposit.

Orange County, CA - April 20, 2012 - (RealEstateRama) -- In the first quarter of 2012, the Orange County industrial market posted 362,299 square feet of positive net absorption, giving the market 3.8 million square feet of positive net absorption since the second quarter of 2010, according to a First Quarter Market Report by Voit Real Estate Services. In addition, the quarter ended with a vacancy rate of 4.87 percent - one of the lowest figures recorded since the first quarter of 2009.

IRVINE, CA - April 19, 2012 - (RealEstateRama) -- Western National Group (WNG), one of the West's premier multifamily real estate companies, has announced the promotion of Cyndy Breit to Senior Vice President, according to Laura Khouri, President of Western National Property Management.

SACRAMENTO, CA - April 18, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced seven bills in the California Homeowner Bill of Rights to protect homeowners from unfair practices by banks and mortgage companies passed out of Legislative committees.

April 18, 2012 - (RealEstateRama) -- Mayor Edwin M. Lee today expressed his strong support for California Attorney General Kamala Harris’ California Homeowners Bill of Rights and urged members of the State Assembly Banking and Finance Committee to support Attorney General Harris’s package of foreclosure reform bills including support for AB 1602, a bill to end “dual tracking” foreclosures by preventing banks from foreclosing on a borrower’s home while the borrower is in the process of negotiating a loan modification, being heard today:

INLAND EMPIRE, CA - April 18, 2012 - (RealEstateRama) -- Commercial real estate investment banking firm George Smith Partners has successfully arranged $25 million in joint venture equity for the acquisition of a 14.7-acre development site in Montclair, Calif. on behalf of GLJ Partners, according to Vice President, Malcolm Davies and Vice President, Michelle Lee. The site will be used to develop a new 385-unit Class A multifamily property.

Orange County, CA - April 18, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Anaheim office has completed the sale of the sixth and final building in Phase One of the Kimberly Business Center in Fullerton, Calif., according to Mitch Zehner, Executive Vice President in Voit’s Anaheim office. The 26,540 square-foot industrial building was sold for a total consideration of $3.5 million.

COMMERCE, CA - April 10, 2012 - (RealEstateRama) -- Voit Real Estate Services has directed the $6 million sale of a 95,428 square-foot industrial property located at 6009-6041 South Malt Ave. in Commerce, Calif., on behalf of the seller. This three-building industrial property will be used as a new branch location for Los Angeles-based cosmetic manufacturer American International Industries, according to Frank Geraci, Executive Vice President in Voit’s Inland Empire office.