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Three New Poke Restaurant Concepts Enter Los Angeles Market
Global real estate investment and services firm Kennedy Wilson today announced the completion of three leases for three fast casual poke restaurants: Hoke Poke, OkiPoki and Honeyfish Poke. Two of the eateries are in downtown Los Angeles; the third is in Northridge. <
Hanley Investment Group Arranges Sale of Single-Tenant NNN Del Taco in Los Angeles for...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, completed the sale of a single-tenant absolute net-leased Del Taco property located at 2060 S. La Cienega Boulevard in Los Angeles, Calif. The purchase price was $2.5 million or $1,386 per square foot. The property sold at a cap rate of 3
Hanley Investment Group Negotiates Sale of Trophy Solana Beach Retail Center
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl completed the sale of the Gateway @ Cedros, a rare trophy coastal retail center in Solana Beach, Calif. The sale price was $6.725 million, representing $837 per square foot.
Timber by Trumark Homes Wins “Community of the Year” and “Best Architectural Design” at...
International award-winning firm KTGY Architecture + Planning is pleased to announce that Timber in Newark, Calif., built by visionary California homebuilder Trumark Homes and designed by KTGY, received top honors at the 2016 Building Industry Association (BIA) Bay Area Excellence in Home Building Awards earlier this month. Timber received the “Multi-Product Community of the Year” Award and “Best Architectural Design – Multi-Family” Award. The community also received an award for “Best Signage
Hanley Investment Group Negotiates Sale of Stevenson Ranch Plaza in Santa Clarita for $72.5...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Senior Vice President Kevin Fryman represented the buyer and seller in the sale of Stevenson Ranch Plaza in Santa Clarita, a 97% occupied, 187,035-square-foot Ralphs grocery-anchored shopping center located in the Los Angeles metro area. The sale price was $72.5 million.
Investors shift to niche properties; fewer paying all cash, C.A.R. survey finds
More real estate investors are turning to niche properties and away from investing in single-family homes and multifamily properties than they have in recent years, according to a CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) survey of its members about their interactions with real estate investors
Congresswoman Matsui Marks Flood Protection Milestone in Sacramento
Congresswoman Doris Matsui (D-CA) celebrated the completion of the American River Watershed Common Features Project as authorized in the Water Resources Development Act of 1996. The Project, in conjunction with other regional flood protection efforts that the Congresswoman has advocated for, will significantly reduce the risk from flooding in the region.
Hanley Investment Group Brokers Sale-Leaseback of Wendy’s in La Mesa for $4,125,000
CORONA DEL MAR, CALIF. - (RealEstateRama) -- Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced...
Chapman University’s Musco Center for the Arts Celebrates Grand Opening
International award-winning firm KTGY Architecture + Planning is pleased to announce that Chapman University’s Marybelle and Sebastian P. Musco Center for the Arts recently celebrated its grand opening.
Kennedy Wilson Represents Seller in the Sale of Iconic LA Fashion Landmark to International...
Global real estate investment and services firm Kennedy Wilson negotiated the sale of 8100 Melrose Ave. in Los Angeles, California, a 29,000-square-foot building best known as Fred Segal, a well-known icon in the fashion world, on behalf of the seller. The buyer is retail real estate investor, CormackHill, LP.
LBG REAL ESTATE COMPANIES Completes Sale of Newly-redeveloped, 100%-Leased Shopping Center in Huntington Beach,...
LBG REAL ESTATE COMPANIES, LLC (LBG), a Southern California-based investor in retail real estate, announces that the firm has completed the sale of a prime, newly-redeveloped retail center in Huntington Beach, Calif. to a private investor based in Orange County at a sale price of $18,555,000.
Hanley Investment Group Completes Sale of Two O’Reilly Auto Parts in $5,537,500
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Senior Vice President Jeremy McChesney completed the sale of two single-tenant NNN-leased properties occupied by O’Reilly Auto Parts in separate transactions with the same buyer to complete 1031 exchanges. The combined purchase price for both properties was $5,537,500.
Hanley Investment Group Arranges Sale of Single-Tenant NNN Walgreens in Huntington Park, Calif. for...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced the sale of a single-tenant absolute net-leased Walgreens property located at 6100 Pacific Boulevard in Huntington Park, Calif.
Mayor Lee Announces Affordable Housing Development Opportunities at Candlestick Point for Low Income &...
Mayor Edwin M. Lee announced the release of a Request for Proposals (RFP) from the Office of Community Investment and Infrastructure (OCII) for two affordable housing developments with 290 new, permanently affordable homes on key parcels located at the site of the former Candlestick stadium at Candlestick Point in the Bayview.
Los Angeles’ New Homes in Eagle Rock Opened Four Days Ago, Over Half the...
Current pricing ranges from $648,000 up to $700,000. Three bedrooms are offered in two different floor plan layouts. Homes are approximately 1,540 to 1,704 square feet and take advantage of spacious great rooms. Sought-after downstairs bedrooms/bathrooms are included with every home and most homes also feature a small yard. Parking is easy with attached, private two-car garages.
California Water Commission Begins Formal Rulemaking Process for Water Storage Investment Program Regulations
The California Water Commission today began the formal rulemaking process with the Office of Administrative Law for the first draft regulations for the Water Storage Investment Program. Today also begins a 45- day comment period on the draft regulations, with written public comments accepted through March 14, 2016.
State of the City: Major Investments in Neighborhood Improvements & Bold Initiatives to Bring...
Heralding 2016 as the year we begin the next phase of One San Diego, Mayor Kevin L. Faulconer on Thursday presented his blueprint for building a better future for all San Diegans in his second State of the City address
Hanley Investment Group Negotiates Sale of Hammer Plaza in Stockton and Achieves Well Above...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Eric Vu negotiated the sale of Hammer Plaza, a 20,388-square-foot multi-tenant shopping center, for $1.4 million, well above the asking price. Hammer Plaza was 55 percent vacant at the time of the sale.
Hanley Investment Group Completes Sale of Hemet Plaza for $5,575,000
Hemet Plaza is centrally located on 4.55 acres at 1911-2095 Florida Avenue in Hemet, at the hard-corner signalized intersection of Florida Avenue (Highway 74, the main east-west thoroughfare in Hemet) and Yale Street (34,000 cars per day). In addition to anchors Big Lots (NAP) and True Value, Hemet Plaza includes other national tenants such as Farmers Insurance, Jackson Hewitt Tax Services, Rent-A-Center, Metro PCS, and US Postal Service.
Dekel Capital Arranges $50 Million Financing for Development of 331-Unit Multifamily Property in Salt...
Dekel Capital, a Los Angeles-based real estate merchant bank that specializes in sourcing and placing equity and debt for active middle market commercial real estate developers and investors, has placed $50 million in financing for the construction and development of the Pinnacle Sandy Apartments in the southeast corridor of the Salt Lake City metropolitan area. The deal was structured as a $36.1 million construction loan through Dekel Capital’s advisory practice and $13.9 million JV-Equity funded by the firm’s proprietary equity fund, Dekel Strategic Investors (DSI)