HGA Hires Kenneth Bishop As Associate Vice President
Torrance, CA - March 14, 2012 - (RealEstateRama) -- HGA Architects and Engineers (HGA) has hired Kenneth E. Bishop as associate vice president and senior construction administrator for the Healthcare Practice Group in the San Francisco office.
Michael E. Arens Joins Lee & Associates Ontario Office
Torrance, CA - March 12, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers, has hired Michael E. Arens as an associate to the Ontario office. With a diverse business background, the former sales associate with Grubb & Ellis will concentrate on foreclosures, note sales and other distressed assets throughout the Inland Empire.
Lee & Associates Closes $7.8 Million Sale of Roscoe Business Centre
Torrance, CA - March 7, 2012 - (RealEstateRama) -- Lee & Associates’ Investment Services Group (ISG), in conjunction with Lee & Associates’ L.A. North office, has completed the $7.8 million sale of the Roscoe Business Centre, a 92,397-square-foot industrial park located at 8130, 8200 and 8220 Remmet Ave. in Canoga Park, Calif.
HGA Hires Douglas William Whiteaker
Torrance, CA - March 7, 2012 - (RealEstateRama) -- HGA Architects and Engineers (HGA) has hired Douglas William Whiteaker, AIA, as associate vice president and project manager in the firm’s Sacramento office. Whiteaker will focus on new business development, project management and design leadership in the office’s successful Healthcare Practice Group.
HGA Hires Jaime Mora As Associate Vice President in Sacramento Office
Torrance, CA - February 28, 2012 - (RealEstateRama) -- HGA Architects and Engineers (HGA) has hired Jaime Mora, AIA, LEED AP, as associate vice president and healthcare principal in the firm’s Sacramento office. He will focus on client relations and business development for HGA’s successful Healthcare Practice Group
Lee & Associates Brokers $25 Million Sale of Mariner’s Mile Marine Center
Torrance, CA - February 28, 2012 - (RealEstateRama) -- Lee & Associates Investment Services Group, representing the seller, VMA Mariner’s Mile, LLC, has brokered the $25 million sale of the iconic Mariner’s Mile Marine Center in Newport Beach, Calif. Mark Larson, president of Lee ISG and who represented the seller, said the buyer, a local private investor, purchased the property because of its 300 feet of frontage on Newport Bay and “pride-of-ownership.”
Lee & Associates Transacts 358-Unit Multifamily Sale in Long Beach
Torrance, CA - February 27, 2012 - (RealEstateRama) -- Jim Fisher and Mike Smith, principals of Lee & Associates-LA North/Ventura, Inc., transacted the sale of Southwood Gardens, a 358-unit multifamily asset at 5601 Paramount Ave. in Long Beach, Calif.
Lee & Associates Closes $9 Million Industrial Sale Near Santa Barbara’s Waterfront
Torrance, CA - February 21, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers with regional and local expertise, has closed a $9 million sale transaction for a 47,411-square-foot industrial property located at 25 E. Mason Street in Santa Barbara, Calif. At $190 per-square-foot, the building is less than a quarter mile from the city’s pristine waterfront.
Mission Critical Index Finds Broad Industry Demand for Modular Data Centers
Torrance, CA - February 9, 2012 - (RealEstateRama) -- A data center industry index, the result of a survey by NxGen Modular (www.nxgenmodular.com), reveals that cost savings and scalability are prompting more data center owners and c-suite technology executives to consider modular data center solutions.
Lee & Associates Closes $12 Million Industrial Transaction
Torrance, CA - February 9, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $12 million sale consisting of two industrial buildings located at 11161 Slater and 17375 Mount Herrmann in Fountain Valley, Calif. With both properties totaling 113,857 square feet, the transaction amount is one of the largest in Orange County this year.
Lee & Associates Transacts $7.8 Million Multifamily Sale
Torrance, CA - February 8, 2012 - (RealEstateRama) -- Jeff McGuire, a principal with Lee & Associates-LA North/Ventura, Inc., represented the buyer and seller in the sale of Wood Creek Apartments for $7.8 million. The 71-unit property, at 20311 Sherman Way in Winnetka, Calif., sold at $161 per square foot, and a GRM (gross rent multiplier) of 9.26.
Lee & Associates Negotiates $4.1 Million Retail Sales Transaction
Torrance, CA - February 6, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $4.1 million sales transaction for a 5,107-square-foot retail building located at 44575 Avenida de Missiones in the southern California town.
Lee & Associates Transacts $4.8 Million Sale of Retail Office Building From Lowe’s
Torrance, CA - January 30, 2012 - (RealEstateRama) -- The Lee & Associates-LA North/Ventura team of Jay Martinez, Stephanie Skrbin and Mike Tingus executed the sale of a 38,788-square-foot mixed-use building that had been owned by Lowe’s Companies, Inc. (NYSE: LOW) in a transaction that reflects the continuing challenges of financing investment sales.
Coldwell Banker’s Brian Westre Named Realtor® of the Year for 2011
Torrance, CA - January 26, 2012 - (RealEstateRama) -- Coldwell Banker Residential Brokerage’s Brian Westre has been named REALTOR® of the Year for 2011 by the San Diego Association of REALTORS® (SDAR). A San Diego resident since the age of eight, Westre has an in-depth knowledge of the San Diego real estate market and has continuously been a top producer at the Coldwell Banker Rancho Bernardo office for several years.
Lee & Associates Secures Large Industrial Leasing Assignment
Torrance, CA - January 26, 2012 - (RealEstateRama) -- Lee & Associates, in a combined effort by two of the firm’s Southern California offices, has won its bid to secure the leasing assignment to the industrial portfolio of Watt Properties, a division of Watt Companies. The 12 buildings and four industrial properties sit on a total of 580,436 square feet and are located in the cities of Long Beach, Torrance, Carson and Northridge.
Industry Speaks™ Names “Chief Matchmaker”
Torrance, CA - January 26, 2012 - (RealEstateRama) -- Industry Speaks™, the web-based application that allows architecture, engineering and construction/construction management firms to search nationally for technical and administrative consultants who specialize in similar industries, has selected Green Owl Studio and its principal Catherine Minervini to serve as consulting advisor for its communications and social media program.
Bob Maxwell Appointed to Sharp Healthcare Foundation Board of Directors
Torrance, CA - January 18, 2012 - (RealEstateRama) -- Bob Maxwell, senior vice president of C.W. Driver, has been appointed to join the Board of Directors of Sharp HealthCare Foundation, a nonprofit, philanthropic organization that supports the San Diego-based Sharp HealthCare facilities. On the board, Maxwell will work with other business professionals, community leaders, and members of the Sharp medical staff to advocate for the community and promote philanthropic contributions that advance the mission of Sharp HealthCare.
Lee & Associates Completes $5.2 Million Industrial Sale
Torrance, CA - January 17, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers with regional expertise, has completed a 10-year lease for a 125,000-square-foot industrial space located at 16930 Valley View Ave. in La Mirada, Calif
Lee & Associates Closes $7 Million Industrial Sales Transaction
Torrance , CA - January 17, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers with regional expertise, has closed a $7 million sales transaction for a 105,680-square-foot industrial property located at 16804-16808 Gridley Place in Cerritos, Calf
Mountain Real Estate Capital Closes 2011 with Two Significant Bank Note Acquisitions
Torrance, CA - January 16, 2012 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) announces the closing of two notable acquisitions: one for a loan portfolio with residential assets located throughout South Carolina and a separate note purchase on a high profile subdivision in the North Hills section of Raleigh. In total, MREC acquired approximately 150 performing and non-performing loans totaling over $100 million in loan balance. The loans are secured primarily by residential development properties in Raleigh, N.C., and the Charleston, Myrtle Beach, Hilton Head and Kiawah Island areas of South Carolina.