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Lee & Associates Irvine Closes $9 Million office Sale
Torrance, CA - May 31, 2012 - (RealEstateRama) -- Coming on the heels of a recently closed sale for another local distressed office on Red Hill Ave., Lee & Associates, one of largest broker-owned commercial real estate firms in the country, has closed a $9 million office sale for Pointe Red Hill in Tustin, Calif
Coldwell Banker Announces Highest Priced Home Sale in La Jolla
Torrance, CA - May 31, 2012 - (RealEstateRama) -- Coldwell Banker Residential Brokerage has announced the sale of the first oceanfront and highest priced home to sell in La Jolla this year at $5.45 million, according to the San Diego Multiple Listing Service (MLS). Public records indicate that the four-bedroom, seven-and-a-half bathroom home located at 5204 Chelsea Street was purchased by Heath A. Carr, chief executive officer of Fibrwrap Construction, LP.
VOIT COMPLETES NEW 47,500 SQUARE-FOOT INDUSTRIAL LEASE FOR LARGE INSULATION FABRICATOR IN SOUTHERN...
COMMERCE, CA - May 30, 2012 - (RealEstateRama) -- David Fults and Brian McLoughlin of Voit Real Estate Services’ Greater Los Angeles office have successfully completed the new, seven-year, $1.6 million lease of a 47,500 square-foot industrial warehouse at 6655 East 26th Street in Commerce, CA on behalf of the lessee. This free-standing industrial facility will be fully occupied by Insul-Therm International, Inc., a company that manufactures and distributes insulation products for the industrial and commercial insulation markets, according David Fults, a Senior Vice President in Voit’s Greater Los Angeles office.
Coldwell Banker partners with IDX Broker and syncs California property listings with dynamic search...
EUGENE, OR - May 23, 2012 - (RealEstateRama) -- Long Beach, California real estate agent Leslie Stonick has enabled the remarkable IDX Broker software on her professional website, making her the host of a dynamic and comprehensive real estate search function. The online property search process was once complicated for agents, brokers and home seekers alike.
Santa Monica Sees a Flurry of Mixed-Use Development Activity
Torrance, CA - May 23, 2012 - (RealEstateRama) -- You can’t throw a stone without hitting a mixed-use development underway or in planning in Santa Monica, Calif. these days. At least eight mixed-use projects combining residential and retail are either under construction or in planning stages as Santa Monica readies for the completion of the Expo Light Rail line and works to increase the available stock of housing, according to Christine Deschaine, a principal of Lee & Associates-LA North/Ventura, Inc. who is preleasing one of the projects underway and advising on another
Lee & Associates-LA North/Ventura Forms Alliance for Property Management Services
Torrance, CA - May 21, 2012 - (RealEstateRama) -- Lee & Associates-LA North/Ventura, Inc. one of the largest commercial real estate brokerage companies in Los Angeles County, and Moss & Company, a leader in property management in Southern California, have formed an alliance to offer building owners a seamless transition from acquisition to the management of commercial properties
California pending home sales down after robust March; tight housing supply persists
LOS ANGELES, CA - May 21, 2012 - (RealEstateRama) -- After posting a strong performance in March, California pending home sales slipped in April, but were higher than a year earlier for the twelfth consecutive month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. Additionally, the share of equity sales posted its highest level in nearly four years.
IDX solution simplifies California online real estate search on the website of Rick Fuller
EUGENE, OR - May 21, 2012 - (RealEstateRama) -- IDX, Inc. has supplied Rick Fuller with an innovative IDX solution, making his real estate website a great location to experience the online property search for Antioch, California homes. East Bay Regional Data MLS (EBRD) listings are seamlessly integrated onto Fuller’s website, giving his clients a comprehensive database of property listings to search through.
Sperry Van Ness – Miller Commercial Real Estate Advisors attend 2012 SVN National Conference...
SAN DIEGO, CA - May 21, 2012 - (RealEstateRama) -- Sperry Van Ness – Miller Commercial Real Estate Advisors; Brent Miller, CCIM, CPM, Henry Hanna, CCIM, SIOR, John McClellan, CCIM, David Wilk and Managing Director Amy Miller, CPM recently attended the SVN “Get Connected” Spring Conference in San Diego, CA held at the Westin San Diego. The SVN-Miller office received the award for the 6th ranked firm in the country. John McClellan, CCIM was recognized as a top advisor ranking 20th, and Henry Hanna, CCIM, SIOR ranked 22nd in the country. In addition, Henry Hanna received the SVN Ambassador of the Year award.
C.W. Driver Named Construction Manager for $7.8 Million Public Works Project for the City...
Torrance, CA - May 21, 2012 - (RealEstateRama) -- C.W. Driver has been named construction manager for the City of Beverly Hills Public Works Warehouse and Shops project, a $7.8 million expansion plan which will be located at 9357 Third Street near Civic Center Drive in Beverly Hills, Calif. When completed in January 2013, the facility will become an essential services facility that will allow the City’s maintenance and communications departments to operate in case of an emergency or natural disaster. C.W. Driver has begun working with RTK Architects on the pre-construction phase for the project.
LUCESCU REALTY Announces Sale of Lake Pleasant Pavilion Shopping Center in Phoenix Metro for...
NEWPORT BEACH, CA - May 21, 2012 - (RealEstateRama) -- Mark Lucescu, President of LUCESCU REALTY, a market leading investment real estate services firm, announced today the sale of Lake Pleasant Pavilion Shopping Center in the City of Peoria in the Phoenix, Arizona metro area for $41.75 million. LUCESCU REALTY exclusively represented the interests of the seller, Kornwasser Shopping Center Properties, a private development firm, headquartered in Los Angeles, California, and procured the buyer, Excel Trust, a publicly-traded real estate investment trust, located in San Diego, Calif. This is Excel’s second acquisition in the Valley. Earlier this year the Company acquired Scottsdale Promenade for $166 million in a deal that was also brokered by LUCESCU Realty
Colliers International Completes $2.1 Million Sale of a U.S. Post Office Property in Inglewood,...
Los Angeles, CA - May 18, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the $2.1 million sale of a 12,221-square-foot U.S. Post Office facility located at 811 N. La Brea in Inglewood, Calif.
Auction.com to Auction One of Brighton Beach’s Last Remaining Origional Residences
Torrance, CA - May 18, 2012 - (RealEstateRama) -- Auction.com (www.auction.com), the nation’s leading online real estate marketplace, will auction an oceanfront estate on the Newport Beach coastline. Online bidding opens Monday, May 21 and closes the evening of Wednesday, May 23.
Christine Padilla of Keystone Pacific Property Management Earns Top Industry Professional Designation
Irvine, CA - May 17, 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 Christine Padilla has earned the Professional Community Association Manager (PCAM®) designation through the Community Associations Institute (CAI).
Colliers International Completes $1.01 Million Sale of an 8-Unit Multifamily Property in Altadena, Calif.
Los Angeles, CA - May 17, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the $1.01 million sale of an eight-unit apartment property located at 692 E. Pine Ave. in Altadena, Calif.
Colliers International Completes $4.46 Million Sale of a 40-Unit Multifamily Property in Glendale, Calif.
Los Angeles, CA - May 17, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the $4,462,000 sale of a two-story, 40-unit apartment property located at 401-403 W. Glenoaks Blvd. in Glendale, Calif
CHARLES DUNN COMPANY AWARDED 526,000 SF RETAIL PROPERTY MANAGEMENT ASSIGNMENT
LOS ANGELES, CA - May 17, 2012 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has been awarded a nearly 526,000 square foot property management assignment from Watt Properties, a division of Santa Monica, Calif.-based Watt Companies. The seven-property portfolio consists entirely of retail centers – six of them located in Los Angeles County and one in Ventura County.
California real estate group adopts innovative IDX Broker software to create dynamic online property...
EUGENE, OR - May 17, 2012 - (RealEstateRama) -- California property listings are now easier than ever to search for, with the addition of an IDX solution to the professional website of Realtor David Hitt. Thanks to IDX, Inc., IDX Broker software now supports the innovative search page Hitt hosts online. With so many Palm Springs, California properties available through the Desert MLS (DTMLS), the IDX solution Hitt hosts dramatically simplifies and narrows the online home search experience for area home seekers.
Southland Home Sales and Median Price Climb Above Year-Ago Level
La Jolla, CA - May 17, 2012 - (RealEstateRama) -- Southern California’s median sale price rose year-over-year in April for the first time in 16 months, reflecting stronger, affordability-driven demand and a slimmer inventory of homes for sale – especially low-cost foreclosures. Last month’s sales were modestly higher than a year ago, thanks to significant gains in the coastal counties, but remained well below average, a real estate information service reported.
Lee & Associates Adds Neil Cowperthwaite to Oakland Office
Torrance, CA - May 16, 2012 - (RealEstateRama) -- “Neil uses his strong work ethic and market knowledge to ensure the end results are satisfactory for both parties involved in every deal,” said Craig Hagglund, managing principal of the Lee’s Oakland office. “We’re very thrilled about Neil’s addition to our team. His focus and dedication will continuously ensure successful and seamless transactions.”