Yearly Archives: 2012
Charles Dunn Company Completes $2.275 Million Sale of Eight-Unit Multifamily Property in Santa Monica
LOS ANGELES, CA - May 10, 2012 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $2,275,000 sale of an eight-unit apartment property located north of Wilshire Boulevard and south of Montana Avenue at 1008 20TH Street in the City of Santa Monica.
VOIT HELPS OC FLOORING COMPANY MOVE TO BREA WITH NEW 62,650 SQUARE-FOOT INDUSTRIAL LEASE
Orange County, CA - May 10, 2012 - (RealEstateRama) -- Mitch Zehner and Seth Davenport of Voit Real Estate Services’ Anaheim office have completed the new, 60-month, $1.6 million lease of a 62,650 square-foot industrial warehouse at 450 Delta Ave. in Brea, Calif. on behalf of the lessor. The free-standing building will be fully occupied by Kelly-Wright Hardwoods, Inc., which is relocating to Brea from East Anaheim, according to Mitch Zehner, Executive Vice President in Voit’s Anaheim office.
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
NAI Capital’s Timothy P. Foutz and Fred Ferro Close $3.8 Million Dollar Deal...
NEWBURY PARK, CA - May 8, 2012 - (RealEstateRama) -- NAI Capital’s Fred Ferro with the Ventura County office and Timothy P. Foutz , with the Encino office, represented the Seller, C-F Investment Company, in the sale of a 53,650 SF industrial property located at 2651 Lavery Court to the Buyer, Martin W. Foreman. The value of the sales transaction was over $3.8 million.
GEORGE SMITH PARTNERS HIRES FINANCING EXPERT STEPHEN STEIN
LOS ANGELES, CA - May 8, 2012 - (RealEstateRama) -- Commercial real estate investment banking firm George Smith Partners has announced the addition of Stephen Stein as a Vice President for the company, strengthening its ability to help clients select and craft capital structures which best suit their needs, according to Steve Bram, Principal and Managing Director of George Smith Partners.
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.
Hanley Investment Group Launches HIG NNN
IRVINE, CA - May 7, 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 Eric P. Wohl and Edward B. Hanley have launched HIG NNN, a new division of Hanley Investment Group, specializing in the sale and advisory of single-tenant net lease properties across the United States
GEORGE SMITH PARTNERS ARRANGES FINANCING FOR THE ACQUISITION AND DEVELOPMENT OF A NEW 95-UNIT...
LOS ANGELES, CA - May 4, 2012 - (RealEstateRama) -- Commercial real estate investment banking firm George Smith Partners has successfully arranged financing on behalf of its client ADC Realty Group (ADC) for the acquisition and construction of a 95-unit, multifamily property in West Los Angeles. The financing included $11.115 million in joint venture and construction equity, according to Vice President, Jonathan Lee. Lee was assisted by George Smith Partners’ Analyst Shine Cheng.
Custom IDX tools help real estate agent Scott Mehlman provide a custom search experience...
EUGENE, OR - May 4, 2012 - (RealEstateRama) -- IDX, Inc. is excited to announce the inclusion of Scott Mehlman with CA Property Finder.com Realty in the expanding database of real estate agents and brokers adding custom IDX software to enhance their website. Those searching for homes in the Woodland Hills, Califronia area can now use Mehlman’s site to simply and quickly search the California Real Estate Technology Services MLS (CARETS). Internet Data Exchange (IDX) technology makes it possible for Mehlman to display the CARETS MLS data as a seamlessly integrated part of his website.
Hanley Investment Group Lists for Sale Trophy Property in Newport Beach, Calif.
IRVINE, CA - May 3, 2012 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment sales groups in the western United States and a market leader in the sale of retail properties, announced today that Edward B. Hanley and Eric P. Wohl have exclusively listed for sale a trophy 24,191-square-foot multi-tenant retail center along Pacific Coast Highway in Newport Beach, Calif. The property is offered for sale unpriced.
VOIT COMPLETES SALE OF 24 OFFICE/INDUSTRIAL/FLEX CONDOS TOTALING 65,000 SQUARE FEET IN SAN DIEGO...
San Diego, CA - May 3, 2012 - (RealEstateRama) -- Voit Real Estate Services’ San Diego office has completed the sale of 24 office/industrial/flex condos encompassing 65,000 square feet in the Venture Commerce Center in Oceanside, Calif. on behalf of the seller for a total consideration of $6.25 million.
VOIT DIRECTS 13.26 ACRE LAND SALE FOR DEVELOPMENT IN THE INLAND EMPIRE
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.
Vincentia Davis of Keystone Pacific Property Management Earns Top Industry Professional Designation
Irvine, CA - May 3, 2012 - (RealEstateRama) -- Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, is proud to announce that Vincentia (Vinnie) Davis has earned the Professional Community Association Manager (PCAM®) designation through the Community Associations Institute (CAI).
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
Industry veterans adopt IDX solution to transform and upgrade professional real estate website and...
EUGENE, OR - April 26, 2012 - (RealEstateRama) -- IDX, Inc. is pleased to announce Jeanette Jimenez, of Nova Realty Team, has become the latest real estate professional to enable IDX Broker software onto her website. With the dynamic Internet Data Exchange (IDX) technology her site now hosts, Jimenez can implement a thorough and comprehensive online property search feature for her page. Ventura County Regional Data Share MLS (VCRDS) listings are now seamlessly integrated into her search capabilities, giving Jimenez clients the ability to quickly access and scan listing information for thousands of properties. The Oxnard, California online real estate search has never been so easy or simple
IDX Broker software revolutionizes online property search for the California real estate website of...
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.
Southern California Edison joins the Demand Response Partnership Program
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...
U.S. Green Building Council Names Top 10 Green Building Policies in California
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.
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.