Yearly Archives: 2012

SAN DIEGO, CA - January 10, 2012 - (RealEstateRama) -- Voit Real Estate Services’ San Diego office has completed the $2.375 million sale of a 12,292 square-foot office property located at 11610 Iberia Place in San Diego, Calif. This Class B, two-story office building was built in 1980 and has undergone extensive renovation, according to Brian Mulvaney, SIOR, CCIM in Voit’s San Diego Office.

Torrance, CA - January 10, 2012 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the U.S., is reporting one of its most successful years in its 40-year history with more than $172 million in acquisitions and dispositions in 2011. In total WFC completed 67 transactions in 2011, including five core acquisitions, 10 value-add acquisitions, five core dispositions and 47 value-add dispositions. The transactions were in 24 states. Over the past two years Westwood Financial Corp. has closed 14 value-add transactions for $60 million and is actively looking to reach its $100 million goal. In addition, the Los Angeles-based firm had an increase in its shopping center portfolio, particularly in the Southeast, which brings its ownership and management of more than 100 shopping centers and retail properties in 24 metropolitan markets.

Torrance, CA - January 6, 2012 - (RealEstateRama) -- The Riverside office of Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has released its Fourth Quarter 2011 Industrial Market Summary for manufacturing/distribution buildings for the East Valley Market in Southern California’s Inland Empire.

January 5, 2012 - (RealEstateRama) -- Councilmember Dee Andrews, 6th District, The Long Beach Housing Development Company (LBHDC) and Jamboree Housing Corporation (Jamboree) are proud to announce the start of the rehabilitation of Pinecrest Apartments located at 1893 – 1911 Pine Avenue. Three severely blighted buildings will be rehabilitated to provide affordable housing for local families. The public is invited to a "Wallbreaking" Ceremony at 1:00 pm on Thursday, January 5, at 1893 Pine Ave.

ALISO VIEJO, CA - January 5, 2012 - (RealEstateRama) -- A partnership between CT Realty Investors and Behringer Harvard announced today the sale of Archibald Business Center, a Class A 231,000-square-foot corporate headquarter distribution center located at 2021 So. Archibald Ave. in Ontario, Calif. In a $15 million transaction, the business property was sold to Beauty 21 Cosmetics and will serve as their corporate headquarters and primary regional distribution facility.

Cerritos, CA - January 5, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has negotiated an owner/user sale for a 27,985 square foot industrial building located at 16625 Norwalk Blvd., Cerritos, Calif. The transaction is valued at $2,966,410.00 ($106 PSF).

Torrance, CA - January 5, 2012 - (RealEstateRama) -- Michael Seiden has joined the national real estate law firm Pircher, Nichols & Meeks in its Los Angeles office. Seiden is an addition to Pircher’s real estate department.

EUGENE, OR - January 5, 2012 - (RealEstateRama) -- Ontario, California real estate advisor Kartik Subramaniam has adopted the IDX, Inc. premier IDX Broker software to integrate detailed property listings onto his Prudential California Realty website. With his incredible IDX solution, Subramaniam has transformed the way California Real Estate Technology Service (CARETS) listings are displayed online, as potential buyers can now access thousands of properties on their own, with unprecedented access to real estate market trends and updated listing information. Finding a California home online has never been easier, thanks to Subramaniam and his IDX-enabled website.

SACRAMENTO, CA - January 5, 2012 - (RealEstateRama) -- Voit Real Estate Services has successfully completed the $6.6 million sale of the Mammoth Professional Building, a 94,267 square-foot office property located at 5701 Lonetree in Rocklin, Calif. This executive-class office building was built in 2009 and has 78 office suites with upgraded finishes that will accommodate small or large business tenants, according to Dan Vittone, Senior Vice President in Voit’s Irvine office.

IRVINE, CA - January 4, 2012 - (RealEstateRama) -- Sperry Van Ness International, a large and fast-growing franchisor, today announced Shari Tucker-Gasser has been appointed National Director of Retail Properties for Sperry Van Ness International. Tucker-Gasser will serve as a liaison for Sperry Van Ness International’s retail affiliates covering 145 markets nationally, providing leadership, guidance and strengthening the retail capabilities of the franchise.

IRVINE, CA - January 4, 2012 - (RealEstateRama) -- Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, welcomes Gina Catalano to its team as a community association manager based out of the Irvine office. Catalano will be managing existing community associations throughout Southern California.

ORANGE COUNTY, CA - January 3, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Irvine office has successfully completed the $6.5 million sale of the Mission Foothills Professional Building, a 52,091 square-foot office property located at 20532 El Toro Road in Mission Viejo, Calif. This three-story, Class A property features rent-ready office suites ranging from one to ten rooms, according to Dan Vittone, Senior Vice President in Voit’s Irvine office.

Orange County, CA - January 3, 2012 - (RealEstateRama) -- The first annual “SPIRE Awards” program, recognizing commercial real estate achievements by men and women in Orange County, has been announced by the Commercial Real Estate Women, Orange County chapter (CREW-OC).

SAN DIEGO, CA - January 3, 2012 - (RealEstateRama) -- Voit Real Estate Services’ San Diego office has completed the $2.9 million sale of Canyon Terrace, a 28,444 square-foot industrial property located at 9170-9190 Camino Santa Fe in San Diego, Calif.