Archives

Long Beach, CA - March 8, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the sale of a two-building multi-tenant industrial park totaling 121,127 square feet, located at 701-733 West Anaheim Street and 700-806 West 14th Street, Long Beach, Calif. The transaction is valued at $8.25 million.

LOS ANGELES, CA - March 8, 2012 - (RealEstateRama) -- More than 800 people have already submitted applications to live at Lorena Heights Apartments, a new income-eligible housing community in Boyle Heights that had its official grand opening celebration today. The ribbon-cutting ceremony, hosted by The Michaels Organization and its non-profit development partner LINC Housing, was attended by Los Angeles Councilmember José Huizar (14th District) among other dignitaries, community leaders, and residents who celebrated the opening of this much-needed affordable housing in an important East Los Angeles neighborhood.

LOS ANGELES, CA - March 8, 2012 - (RealEstateRama) -- More than 800 people have already submitted applications to live at Lorena Heights Apartments, a new income-eligible housing community in Boyle Heights that had its official grand opening celebration on March 7, 2010. The ribbon-cutting ceremony, hosted by The Michaels Organization and its non-profit development partner LINC Housing, was attended by Los Angeles Councilmember José Huizar (14th District) among other dignitaries, community leaders, and residents who celebrated the opening of this much-needed affordable housing in an important East Los Angeles neighborhood.

March 7, 2012 - (RealEstateRama) -- Ryan Ramstack of Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, has earned the Certified Community Association Manager (CCAM®) designation through the California Association of Community Managers

Torrance, CA - March 7, 2012 - (RealEstateRama) -- Lee & Associates’ Investment Services Group (ISG), in conjunction with Lee & Associates’ L.A. North office, has completed the $7.8 million sale of the Roscoe Business Centre, a 92,397-square-foot industrial park located at 8130, 8200 and 8220 Remmet Ave. in Canoga Park, Calif.

Torrance, CA - March 7, 2012 - (RealEstateRama) -- HGA Architects and Engineers (HGA) has hired Douglas William Whiteaker, AIA, as associate vice president and project manager in the firm’s Sacramento office. Whiteaker will focus on new business development, project management and design leadership in the office’s successful Healthcare Practice Group.

Brea, CA - March 6, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the sale of a 45,283 square-feet retail shopping center named Brea Imperial Center located at the SWC of Imperial Highway and State College. The transaction is valued at $10,501,000 Million.

IRVINE, CA - March 6, 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 Jeremy S. McChesney represented the buyer in the sale of a single-tenant NNN leased investment, Walgreens in Tucson, Ariz. The purchase price was $5,190,000, representing a 6.70% capitalization rate.

LAGUNA HILLS, CA - March 6, 2012 - (RealEstateRama) -- Seventeen top community association professionals from around the state have been elected to the 2012 board of directors for the California Association of Community Managers (CACMSM). Charged with establishing and overseeing the statewide association’s programs and policies, the board upholds CACM’s code of ethics and standards of practice. The group also serves as an advisory body for CACM’s educational and certification program for community managers.

TUSTIN, CA - March 5, 2012 - (RealEstateRama) -- Gregory A. Fisher, President of Present Value Properties, Inc., a full service retail real estate brokerage and consulting firm headquartered in Tustin, Calif., announced today that the firm has hired Annette Kolb as Director of Real Estate. She will be responsible for the real estate needs of national chain retailers including Pizza Hut, Long John Silver and Jack in the Box franchisees located in Phoenix, Dallas and Missouri. She will handle lease extensions/renegotiations, new locations and relocations and be based in Phoenix.

Simi Valley, CA - March 5, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the purchase of a 186,726-square-feet industrial property located at 3935-3949 Heritage Oak Court., Simi Valley. The transaction value is confidential.

Pasadena, CA - March 5, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization represented Personal Assistance Services Council of Los Angeles County (PASC) in a 5-year, 11,352-square-feet office lease located at Gateway Metro Center. The Class-A office building is located at 3452 East Foothill Boulevard, Pasadena, Calif. The transaction is valued at $1.4 million.

Los Angeles, CA - March 1, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed a portfolio sale of four Rite Aid assets in Central Valley, Calif., comprising of 69,088-square-feet. The total transaction is valued at $23 million.

EUGENE, OR - March 1, 2012 - (RealEstateRama) -- IDX, Inc. and Danielle Newson have joined forces to produce and display a thorough and comprehensive online real estate search page, directly on the website Newson hosts. As a member of the California Regional MLS (CRMLS), McLean can conveniently sync thousands of Redondo Beach, California property listings with her search page, creating a unique and dynamic online real estate solution. IDX Broker software gives Newson the ability to effectively and efficiently match her clients, and other Redondo Beach home seekers, with their dream home, from her website and the innovative IDX Broker application for iPhone and iPad. Finding a property has never been easier online, thanks to the IDX enabled website of Newson.

Torrance, CA - February 28, 2012 - (RealEstateRama) -- HGA Architects and Engineers (HGA) has hired Jaime Mora, AIA, LEED AP, as associate vice president and healthcare principal in the firm’s Sacramento office. He will focus on client relations and business development for HGA’s successful Healthcare Practice Group

Torrance, CA - February 28, 2012 - (RealEstateRama) -- Lee & Associates Investment Services Group, representing the seller, VMA Mariner’s Mile, LLC, has brokered the $25 million sale of the iconic Mariner’s Mile Marine Center in Newport Beach, Calif. Mark Larson, president of Lee ISG and who represented the seller, said the buyer, a local private investor, purchased the property because of its 300 feet of frontage on Newport Bay and “pride-of-ownership.”

Chicago, IL - February 28, 2012 - (RealEstateRama) -- CostaBaja, the highly acclaimed beachfront resort community in La Paz, Baja California Sur, Mexico (www.CostaBaja.com) announced today it has retained DCP International (DCP), pioneers of the residence club real estate concept, to consult on the structuring, marketing and sale of its new fractional ownership opportunity. The Residence Club at CostaBaja is the first and only residence club to be offered in La Paz.

LOS ANGELES, CA - February 28, 2012 - (RealEstateRama) -- Commercial real estate investment banking firm George Smith Partners has successfully arranged two loans, totaling $25 million in financing for Upside Investments, LP., for its Carriage Square Shopping Center in Oxnard, Calif. according to Principal and Managing Director, Steve Bram and Senior Vice President, David Pascale. The two permanent loans replaced a construction loan which had allowed Upside Investments to complete a redevelopment of the 173,000 square-foot outdated shopping center. George Smith Partners had previously arranged the original construction financing for the center in November 2010

LOS ANGELES, CA - February 28, 2012 - (RealEstateRama) -- Raintree Partners, a Laguna Niguel, Calif.-based real estate investment and development company, has completed the acquisition of two luxury vacant condominium projects, Vista Paradiso and Villa Sofia, totaling 63 units in the county of Los Angeles, Calif. which the firm will, for the time being, hold and manage as condo units to be rented. This $24.2 million acquisition brings Raintree’s holdings in California to 15 multifamily communities, consisting of 2,057 units, according to Jeff Allen, CEO of Raintree Partners

EUGENE, OR - February 28, 2012 - (RealEstateRama) -- IDX, Inc. and Carol Olson have joined forces to revolutionize the way Pine Grove, California home seekers search for properties online, by adding the innovative IDX Broker software to the website Olson hosts. As a member of the California Regional MLS (CRMLS), Olson has long had access to the detailed property listings through their professional database. Now, with her IDX-enabled search page, Olson’s clients receive the same levels of access that was once reserved only for real estate agents and brokers, conveniently on her website. Her customizable IDX solution gives Olson and her clients more freedom and access to the CRMLS listings than ever before available online.