Archives

Torrance, CA - March 21, 2012 - (RealEstateRama) -- Already a leading builder of campus buildings and laboratories, C.W. Driver will make its mark on one of the world’s preeminent research institutions when it completes six simultaneous projects at the California Institute of Technology (Caltech).

Torrance, CA - March 20, 2012 - (RealEstateRama) -- The joint venture between Mountain Real Estate Capital (MREC) and Harridge Development has recently acquired a bank-owned residential infill site located at 5120 Melrose Avenue, situated five miles northwest of downtown Los Angeles adjacent to Paramount Studios. The partners are in the process of re-entitling the site from multifamily to single family lots which they plan to sell to homebuilders. The terms of the acquisition were not disclosed.

SOUTHERN CA - March 20, 2012 - (RealEstateRama) -- As part of Voit Real Estate Services’ strategic initiative to further strengthen its regional leadership team, Mark Read has been named to the position of Executive Managing Director. Mark’s primary responsibility will be managing and leading Voit’s Irvine office, though he will also oversee the company’s Orange County, Los Angeles and Inland Empire operations, according to Robert D. Voit, Chief Executive Officer of Voit Real Estate Services.

Encino, CA - March 20, 2012 - (RealEstateRama) -- NAI Capital, a full service commercial real estate brokerage headquartered in Encino, California announced the expansion of its brokerage firm throughout its Southern California offices. As 2012 gains momentum, NAI Capital welcomes nine new brokers in the first quarter, and the influx of business emerging in these markets.

LARGO, FL - March 20, 2012 - (RealEstateRama) -- NAI Capital’s, Mel Moss, Senior Vice President and Dan Spell, Senior Vice President with NAI Capital’s West Los Angeles office represented Voyage-Largo, LLC in the purchase of a net leased CVS Pharmacy located in Largo, FL. The value of transaction was $4,120,000.00.

LOS ANGELES, CA - March 20, 2012 - (RealEstateRama) -- Roman Ciuni and Kurt Hediger of NAI Capital’s Newport Beach office have sold the historic 45-unit 61,425 sq. ft. Newberry Lofts residential building located at 900 E 1st Street in downtown Los Angeles. The buyer, M West Holdings, will take over the ongoing renovation of the property. The team represented both buyer and seller. The property was not listed and the transaction closed off-market

EUGENE, OR - March 20, 2012 - (RealEstateRama) -- With new accounts being added daily, IDX, Inc. announces the latest addition to the growing network of agents and brokers utilizing the immensely dynamic IDX Broker software: Encinitas, California real estate professional Mike Rafii. A member of the San Diego Regional MLS (Sandicor), Rafii can sync thousands of area listings directly onto the IDX-enabled search page he hosts. Finding an California area home online has never been easier, thanks to IDX Broker software and the comprehensive online real estate database Rafii has created with his customizable IDX solution.

EUGENE, OR - March 19, 2012 - (RealEstateRama) -- Tom Steffen and IDX, Inc. have joined forces to bring thousands of Desert MLS (DTMLS) listings to the fingertips of online Palm Desert, California home seekers. As a member of the DTMLS, Steffen has long had access to thousands of California area listings. Now, his clients can experience the same levels of accessibility, those once reserved only for agents and brokers, conveniently on the website Steffen hosts. His custom IDX solution has forever changed the way his clients search for homes around California.

LOS ANGELES, CA - March 19, 2012 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has arranged a 64,000-square-foot industrial lease for NRI USA at 13200 South Broadway Avenue in Los Angeles, marking the Canada-based third-party logistics company’s entry into Southern California. Cushman & Wakefield’s Los Angeles South team of Rusty Smith, Steve Bohannon, and Rooney Daschbach represented NRI USA, and landlord Prologis was represented in-house.

Torrance, CA - March 19, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers, has hired Kathryn Tong as an senior associate to the Ontario office. With more than eight years experience in industrial, land and multi-family real estate, the Hong Kong native has added an extensive knowledge of the Los Angeles, San Gabriel Valley and Inland Empire markets to her international resume.

OAKLAND, CA - March 15, 2012 - (RealEstateRama) -- BRIDGE Housing and the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) hosted an event on Tuesday celebrating the grand opening of St. Joseph's Senior Apartments and groundbreaking for the new Terraza Palmera at St. Joseph’s Family Apartments in Oakland’s Fruitvale District

Westlake Village, CA - March 14, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the sale of a 45,103-square-feet, multi-tenant office building located at 31225 La Baya Drive, Westlake Village, Calif. The transaction is valued at $4.8 million

Rancho Cucamonga, CA - March 14, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the sale of a 98,176 square-foot hospital and medical office building located at 10841 White Oak Avenue, Rancho Cucamonga, Calif. for an undisclosed price.

Torrance, CA - March 14, 2012 - (RealEstateRama) -- HGA Architects and Engineers (HGA) has hired Kenneth E. Bishop as associate vice president and senior construction administrator for the Healthcare Practice Group in the San Francisco office.

IRVINE, CA - March 14, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) Best in American Living Award (BALA) and NAHB 50+ Housing Council's Best of 50+ Housing Awards programs recently honored KTGY Group, Inc., Architecture + Planning, and some of the country's top builders/developers with a total of eight awards for innovation and home design excellence in the multifamily and 50+ housing markets. The award galas were recently held at the NAHB 2012 International Builders’ Show (IBS) in Orlando, FL.

Carlsbad, CA - March 12, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the sale of La Costa Towne Center, a 121,429-square-feet retail development located in Carlsbad, Calif. The transaction is valued at $23.5 million.

COMPTON, CA - March 12, 2012 - (RealEstateRama) -- Apparel manufacturer Topson Downs has leased 123,000 square feet of distribution space, representing the full building at 2500 South Edison Way in Compton, Cal. Building owner Prudential Real Estate Investors (PREI) was represented by Rooney Daschbach, Steve Bohannon, Rusty Smith, and Eric Daschbach of the Los Angeles South office of commercial real estate services firm Cushman & Wakefield, Inc.

Torrance, CA - March 12, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers, has hired Michael E. Arens as an associate to the Ontario office. With a diverse business background, the former sales associate with Grubb & Ellis will concentrate on foreclosures, note sales and other distressed assets throughout the Inland Empire.

INLAND EMPIRE, CA - March 12, 2012 - (RealEstateRama) -- Voit Real Estate Services has announced the addition of Dennis Keane as a Senior Associate in Voit’s Inland Empire office. Keane brings his expertise in tenant and buyer representation to Voit.

IRVINE, CA - March 8, 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 Hanley Investment Group negotiated the sale of two single-tenant Walgreens for a total consideration of more than $13 million.