Yearly Archives: 2012

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

Santa Fe Springs, CA - April 26, 2012 - (RealEstateRama) -- Alex Blecksmith, Chris Sheehan and Adam Deierling of Colliers International have completed the $1,722,000 sale of a 16,400 square foot industrial warehouse distribution facility on behalf of the seller, a private owner from Placentia, Calif. The property is located at 13117 Molette Street in Santa Fe Springs, Calif.

Simi Valley, CA - April 25, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the lease of a 76,090-square-foot industrial property located at 2390 Ward Avenue, Unit B in Simi Valley. The transaction is valued at approximately $1.4 million.

EUGENE, OR - April 25, 2012 - (RealEstateRama) -- Welcoming Wendy Cutrufelli to the growing network of real estate agents and brokers, IDX, Inc. is pleased to announce they have added a customized IDX solution to the website of Cutrufelli. She now hosts a comprehensive online property search conveniently on her page, thanks to IDX Broker and East Bay Regional Data MLS (EBRD). Thousands of properties are automatically linked to her website with the thorough EBRD MLS and the incredible IDX solution she employs. Never before has it been easier for Walnut Creek, California home seekers to search for a home online, than now, with the website of Cutrufelli and Alain Pinel Realtors associates.

EUGENE, OR - April 25, 2012 - (RealEstateRama) -- IDX, Inc. welcomes Phil Gilboy, of The Real Estate Consultants, to the growing group of professional real estate agents and brokers dedicated to supplying their clients with a dynamic and simple real estate search page. Home seekers can now experience an unprecedented level of freedom and accessibility, while exploring the California Real Estate Technology Services MLS (CARETS) database of detailed property listings. Never before has such a thorough or comprehensive home search process been so simple and readily available for potential buyers online.

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

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.

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%.

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.

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.

LOS ANGELES, CA - April 18, 2012 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds yesterday’s announcement by the Federal Housing Finance Agency (FHFA) to streamline the short sale process to help more homeowners avoid foreclosure. The move calls for Fannie Mae and Freddie Mac to develop enhanced and aligned strategies for facilitating short sales, deeds-in-lieu, and deeds-for-lease.

LOS ANGELES, CA - April 18, 2012 - (RealEstateRama) -- California home sales declined in March from February’s pace, while the median home price snapped a 16-month annual price decline and posted its first year-over-year gain, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

LOS ANGELES, CA - April 18, 2012 - (RealEstateRama) -- Building on the success of its 2011 campaign theme – “California REALTORS®. Champions of Home.” – the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) will continue its popular advertising campaign for 2012, featuring real consumers speaking from the heart instead of scripted actors, which struck an emotional chord among viewers.