Lee & Associates Closes $13.5 Million Distressed Office Sale in Tustin
Torrance, CA - May 10, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed a $13.5 million office sale in Tustin, Calif. The 139,558-square-foot property is comprised of 15621, 15641 and 15661 Red Hill.
Wendy Carroll Joins Westside Estate Agency’s Malibu Office
Torrance, CA - May 10, 2012 - (RealEstateRama) -- Along with her extensive knowledge of the Westside market, particularly Malibu, Carroll’s integrity, passion and discretion are shared by WEA founders Stephen Shapiro and Kurt Rappaport
Construction Begins on the $284 Million HGA-Designed Sutter Medical Center of Santa Rosa
Torrance, CA - May 8, 2012 - (RealEstateRama) -- Construction has begun on Sutter Medical Center of Santa Rosa (SMCSR), a $284 million replacement hospital designed by HGA Architects and Engineers. It will replace the current Sutter Medical Center of Santa Rosa on Chanate Road, located just north of San Francisco, which was originally built in 1938. The new 182,300-square-foot facility is expected to open in October 2014.
Lee & Associates Negotiates 15-Year Warehouse Lease in Oakland for $19.1 Million
Torrance, CA - May 8, 2012 - (RealEstateRama) -- In one of the largest lease deals in Alameda County this year, Drew Fischer and Craig Hagglund of Lee & Associates Oakland have negotiated a $19.1 million, 15-year lease for Deans Services Inc. of Oakland.
Westwood Financial Corp. Sells $7.4 Million Retail Shopping Center
Torrance, CA - April 27, 2012 - (RealEstateRama) -- Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., has sold Pacific Plaza Shopping Center located at 2544-98 South Archibald in Ontario, Calif. for $7.4 million
Construction is Underway on Nadel Architects-Designed Mixed-Use Complex on Wilshire Boulevard
Torrance, CA - April 26, 2012 - (RealEstateRama) -- Construction is speeding ahead on the mixed-use residential development at 1111 Wilshire Boulevard in Downtown Los Angeles, which is expected to be completed by mid 2013. Designed by Nadel Architects to highlight the neighborhood’s contemporary character, the $53 million complex consists of 210 units and all the recreational amenities necessary for urban living, including 7,000-square-feet of retail space on the ground floor. Located in the City West district just two blocks away from Los Angeles’ central business district, 1111 Wilshire, developed by Holland Partners Group, will provide a variety of multifamily options for the budding residential area.
Lee & Associates San Diego Taps Industry Expert Richard Murdock
Torrance, CA - April 24, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers, welcomes Richard Murdock, SIOR, CCIM to its San Diego-UTC office as principal. Previously a senior vice president with Grubb & Ellis, Murdock specializes in office, investment properties and industrial sales and leasing in the San Diego area.
C.W. Driver Completes New Gateway to UCSD East Medical Campus
Torrance, CA - April 23, 2012 - (RealEstateRama) -- A new medical office building designed as a gateway building to the University of California, San Diego’s (UCSD) Health Sciences and Medical Center has opened its doors to doctors and staff. Built by C.W. Driver, which led the design-build team that included Gensler as the architect and Miyamoto International as the structural engineer, the building provides much needed office space in a convenient location adjacent to medical facilities such as the Thornton Hospital and Sulpizio Family Cardiovascular Center.
Largest Residential Estate in Newport Beach to be Auctioned by Auction.com
Torrance, CA - April 17, 2012 - (RealEstateRama) -- Auction.com (www.auction.com/luxury), the nation’s leading online real estate marketplace, will auction an exceptional Italianate villa occupying the largest private estate in Newport Beach on April 26.
Lee & Associates Closes $2.4 Million Office Deal in Huntington Beach
Torrance, CA - April 11, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers, has closed a $2.48 million deal for a medical office building in Huntington Beach, Calif. The 7,098-square-foot property is located at 9131 Adams Ave.
Lee & Associates Transacts Sale of 10.4-Acre Multifamily Development Site
Torrance, CA - April 10, 2012 - (RealEstateRama) -- Houston, Texas-based developer The Dinerstein Companies has acquired a 10.4-acre site entitled for 707 apartment units in the Warner Center area of Woodland Hills, Calif., according to John Battle, SIOR and Craig Stevens, principals of Lee & Associates-LA North/Ventura, Inc., who represented the buyer and seller in the transaction with Lee principals Jim Fisher and Mike Smith.
Lee & Associates Palm Desert Taps Four Prominent Industry Experts
Torrance, CA - April 10, 2012 - (RealEstateRama) -- In a strategic move to strengthen its presence in the Coachella Valley market, Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has brought on four powerhouse professionals, Maggie Montez, Brian Ward, Dani Alexander and Shawna Strange, to spearhead the Palm Desert office.
Joan Frei Appointed to Southern California ICSC State Program Chair
Torrance, CA - April 10, 2012 - (RealEstateRama) -- Joan Frei, senior vice president and director of business development for Nadel Architects, has been promoted to state program chairperson for the Southern California chapter of the International Council of Shopping Centers (ICSC). Frei will manage the overall annual calendar for the region, coordinating with local program and next generation chairs, as well as assisting with the development of new regional programs.
Auction.com Successfully Auctions Newport Beach Property
Torrance, CA - April 9, 2012 - (RealEstateRama) -- Auction.com (www.auction.com), the nation’s leading online real estate marketplace, attracted more than 70 registered bidders to a successful three-day online luxury auction, which featured 411 Edgewater in Newport Beach.
C.W. Driver Completes Construction for $53 Million Student Recreation Center on CSUN Campus
Torrance, CA - April 3, 2012 - (RealEstateRama) -- C.W. Driver, a premier builder serving the Western United States since 1919, completed construction on the new, 118,000-square-foot Student Recreation Center at California State University, Northridge, (CSUN) in Northridge, Calif. As the construction manager at risk, C.W. Driver focused on building a sustainable and modern facility large enough for the student population, and allowing for better access to resources that promote wellness, physical health and campus involvement.
Coldwell Banker Announces Sale of Former Home of San Diego Philanthropists Anne and Abraham...
Torrance, CA - April 3, 2012 - (RealEstateRama) -- Coldwell Banker Residential Brokerage in Point Loma announced today the sale of the former home of San Diego philanthropists Anne and Abraham Ratner. Sold by Coldwell Banker’s Shirley Haimsohn, the 4,042-square-foot property closed after being on the market for less than two weeks.
San Diego Residents Vote Coldwell Banker’s Erica Miller Top Agent of the Year for...
Torrance, CA - March 28, 2012 - (RealEstateRama) -- Less than three years into her real estate career, Coldwell Banker Residential Brokerage’s Erica Miller has been voted the North County Times 2011 Top Agent by local residents. While it has only been a few years since she received her real estate license, Miller’s patience, persistence and passion have guided her to the top.
C.W. Driver Builds Next Generation of Campus Teaching and Research Infrastructure
Torrance, CA - March 21, 2012 - (RealEstateRama) -- Already a leading builder of campus buildings and laboratories, C.W. Driver will make its mark on one of the world’s preeminent research institutions when it completes six simultaneous projects at the California Institute of Technology (Caltech).
Mountain Real Estate Capital Expands its SoCal Developer/Builder Joint Venture Program
Torrance, CA - March 20, 2012 - (RealEstateRama) -- The joint venture between Mountain Real Estate Capital (MREC) and Harridge Development has recently acquired a bank-owned residential infill site located at 5120 Melrose Avenue, situated five miles northwest of downtown Los Angeles adjacent to Paramount Studios. The partners are in the process of re-entitling the site from multifamily to single family lots which they plan to sell to homebuilders. The terms of the acquisition were not disclosed.
Lee & Associates Ontario Hires Kathryn Tong
Torrance, CA - March 19, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers, has hired Kathryn Tong as an senior associate to the Ontario office. With more than eight years experience in industrial, land and multi-family real estate, the Hong Kong native has added an extensive knowledge of the Los Angeles, San Gabriel Valley and Inland Empire markets to her international resume.