Archives

IRVINE CA - January 31, 2012 - (RealEstateRama) -- According to award-winning KTGY Group, Inc., Architecture + Planning, the City of Los Angeles celebrated the grand opening of The Crossings on 29th Street in South Los Angeles on Thursday, January 26, 2012. The Crossings on 29th Street is an affordable quality residential community developed by Urban Housing Communities LLC (UHC), in collaboration with the Community Redevelopment Agency of the City of Los Angeles and Councilmember Jan Perry of District 9 in South Los Angeles, which transformed an industrial island adjacent to a residential neighborhood into a safe, healthy, attractive and supportive family-friendly residential community for 34 families. Upon completion, this multi-phase development will provide over 400 affordable rentals and for-sale residences, retail to support the neighborhood, and community and recreation facilities consistent with the City’s plan for the area.

Torrance, CA - January 30, 2012 - (RealEstateRama) -- The Lee & Associates-LA North/Ventura team of Jay Martinez, Stephanie Skrbin and Mike Tingus executed the sale of a 38,788-square-foot mixed-use building that had been owned by Lowe’s Companies, Inc. (NYSE: LOW) in a transaction that reflects the continuing challenges of financing investment sales.

Torrance, CA - January 26, 2012 - (RealEstateRama) -- Coldwell Banker Residential Brokerage’s Brian Westre has been named REALTOR® of the Year for 2011 by the San Diego Association of REALTORS® (SDAR). A San Diego resident since the age of eight, Westre has an in-depth knowledge of the San Diego real estate market and has continuously been a top producer at the Coldwell Banker Rancho Bernardo office for several years.

Torrance, CA - January 26, 2012 - (RealEstateRama) -- Lee & Associates, in a combined effort by two of the firm’s Southern California offices, has won its bid to secure the leasing assignment to the industrial portfolio of Watt Properties, a division of Watt Companies. The 12 buildings and four industrial properties sit on a total of 580,436 square feet and are located in the cities of Long Beach, Torrance, Carson and Northridge.

Torrance, CA - January 26, 2012 - (RealEstateRama) -- Industry Speaks™, the web-based application that allows architecture, engineering and construction/construction management firms to search nationally for technical and administrative consultants who specialize in similar industries, has selected Green Owl Studio and its principal Catherine Minervini to serve as consulting advisor for its communications and social media program.

Claremont, CA - January 25, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the sale of, The Claremont Business Park, located at 240-260 S. York Place, 700 W. Wharton Drive, and 759 W. Arrow Hwy in Claremont, Calif. The transaction is valued at $8,775,000. Built in 1988, The Claremont Business Park consists of five single-tenant buildings and one multi-tenant building with a total square footage of 69,428 on 3.86 acres. The project is 100% leased.

SAN JOSE, CA - January 24, 2012 - (RealEstateRama) -- While Jerry Garrity of Silicon Valley's First Statewide Realty works with a long list of properties for seasoned Bay Area investors who use his San Jose property management (http://www.firststatewiderealty.com/) services, he also has a growing portfolio of another abundant asset type: properties whose owners had trouble selling them.

January 24, 2012 - (RealEstateRama) -- Rick Foss sold a 34,768 SF industrial building at 78 E. Gray Road in Scottsdale for $3 million. Kyle Westfall of Cushman & Wakefield represented the seller, Rick Foss represented the buyer.

NEWPORT BEACH, CA - January 24, 2012 - (RealEstateRama) -- Mark Lucescu, President of Lucescu Realty, a market leading investment real estate services firm, announced today the sale of Promenade Corporate Center for $56 million. The transaction is the second, and final part, of the larger sale of Scottsdale Promenade in Scottsdale, AZ, for a total consideration of $166 million. The initial leg of the sale was during the third quarter of 2011, when the retail component was acquired for $110 million by Excel Trust of San Diego, CA. The closing today represented the office component of the property. Lucescu Realty again represented the seller, a local private investor, and procured the buyer, Excel Trust, a publicly-traded NYSE REIT.

EUGENE, OR - January 24, 2012 - (RealEstateRama) -- IDX, Inc. welcomes Kim Crawford and Village Properties to the growing network of real estate agents and brokers who have chosen to revolutionize their professional websites with the innovative IDX Broker software. As a member of Santa Barbra MLS (SBAOR), Crawford has long had the ability to scan SBAOR listings. Now, her clients have the same level of accessibility, thanks to her custom IDX solution. Finding the perfect Santa Barbara, California property online has never been easier!

EUGENE, OR - January 24, 2012 - (RealEstateRama) -- Fantastic Real Estate Broker Ikenna Exeude has collaborated with IDX, Inc. to deliver potential buyers a dynamic and simplified real estate resource. Searching for a home has never been easier for California home seekers, as the East Bay Reg Data MLS (EBRD) listings are now seamlessly integrated onto the search page Exeude hosts, giving buyers thousands of options to consider in their real estate search.

TUSTIN, CA - January 23, 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 Shannon Labowitz-Coleman has been named an Associate Broker. She will be responsible for managing and sourcing new retailer and landlord representation assignments. Present Value Properties exclusively represents a variety of chain retailers throughout Southern California including GoldMax, Menchie’s Frozen Yogurt, and Southern Pizza Hut. The firm currently has 650,000 square feet of retail space listed throughout Southern California.

TUSTIN, CA - January 20, 2012 - (RealEstateRama) -- Present Value Properties, Inc., a full service retail real estate brokerage, and consulting firm headquartered in Tustin, Calif., announced today that a Menchie's franchisee signed a lease for 1,427 square feet at Culver Plaza in Irvine, Calif. Present Value Properties is Menchie's exclusive real estate representative in Southern California

EUGENE, OR - January 19, 2012 - (RealEstateRama) -- IDX, Inc. is pleased to announce Bruce Slaton of eCurb Realty, Inc. has chosen to employ the powerful and innovative IDX Broker software on his professional website. As a member of the South Tahoe MLS (STAR), Slaton, like many other real estate agents and brokers, can search through thousands of Elk Groce, California listings. Now, clients of Slaton can experience the same accessibility and ease when scanning STAR properties, all on the convenient real estate website and search page Slaton hosts.

EUGENE, OR - January 19, 2012 - (RealEstateRama) -- Finding a home online just became monumentally easier for Windsor, California home seekers, thanks to the recent partnership between IDX, Inc. and Broker Joe Henderson. As a dedicated and seasoned real estate broker, Henderson has once again proven his professionalism and famous client service by enabling IDX Broker on his website. Bay Area Real Estate Info Services MLS (BAREIS) listings are now seamlessly displayed on Henderson’s website through his custom IDX solution, which extracts raw listings data directly from the BAREIS.

IRVINE, CA - January 18, 2012 - (RealEstateRama) -- Keystone Pacific Property Management, a leading community association management company providing professional management services to community associations throughout Southern California, has been selected to manage Chaparral, a 124 single family home community in Escondido, California, adding to Keystone Pacific’s growing San Diego management portfolio. Keystone Pacific will be assisting the board of directors with the daily management operations of the community as well as developing and maintaining a new website for Chaparral.

Torrance, CA - January 18, 2012 - (RealEstateRama) -- Bob Maxwell, senior vice president of C.W. Driver, has been appointed to join the Board of Directors of Sharp HealthCare Foundation, a nonprofit, philanthropic organization that supports the San Diego-based Sharp HealthCare facilities. On the board, Maxwell will work with other business professionals, community leaders, and members of the Sharp medical staff to advocate for the community and promote philanthropic contributions that advance the mission of Sharp HealthCare.

LANCASTER, CA - January 18, 2012 - (RealEstateRama) -- Aliso Viejo, Calif.-based CT/KDF Community Development Partners, a joint venture between CT Realty Investors and KDF Communities, in concert with its investment partner, U.S. Bancorp Community Development Corp., has placed $16.15 million of its New Markets Tax Credit (NMTC) allocation with a subsidiary of InSite Development of Woodland Hills, Calif. The NMTC funds will be used to redevelop four properties along the new Lancaster Promenade, now known as The BLVD, in downtown Lancaster, Calif.

Torrance, CA - January 17, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers with regional expertise, has completed a 10-year lease for a 125,000-square-foot industrial space located at 16930 Valley View Ave. in La Mirada, Calif

Torrance , CA - January 17, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers with regional expertise, has closed a $7 million sales transaction for a 105,680-square-foot industrial property located at 16804-16808 Gridley Place in Cerritos, Calf