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Mark Zorn and Tal Siglar Join Colliers International in Inland Empire
Inland Empire, CA - May 26, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, welcomes Mark Zorn and Tal Siglar to its Inland Empire office. They will both serve as senior vice presidents.
Lee & Associates Transacts Seven-Year, 6,000-SF Lease on Behalf of Porky Products
CALABASAS, CA - May 25, 2011 - (RealEstateRama) -- Porky Products, Inc. one of the largest independent meat and seafood distributors in the country, has signed a seven year lease for approximately 6,000 square feet of office space at 5230 Las Virgenes Road in Calabasas, CA, according to Robert D. Erickson, a Principal with Lee & Associates-LA North/Ventura, Inc., who represented the tenant in the transaction.“
Lee & Associates Transacts Sale of 15-Unit Apartment Building for $2,450,000
NORTH HOLLYWOOD, CA - May 25, 2011 - (RealEstateRama) --A 15-unit multifamily asset here was sold for $2,450,000, among the highest prices paid on a per square foot and on a gross rent multiplier basis in the North Hollywood submarket since 2007, according to Jeff McGuire, Senior Vice President, Special Assets and a Principal of Lee & Associates-LA North/Ventura, Inc, who represented the buyer and the seller in the transaction.
Lee & Associates Negotiates $1.9 Million Industrial Sales Transaction
May 25, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $1.9 million sales transaction for a 42,700-square-foot industrial building located at 7260 Sycamore Canyon Boulevard in Riverside, California.
Lee & Associates Closes $1.8 Million Industrial Deal
Torrance, CA - May 24, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate services firm, closed the $1.8 million sale of a 22,400-square-foot industrial property at 5217 Industry Ave., in Pico Rivera, Calif. Senior Vice Presidents Jeff Bethel of Lee & Associates’ City of Industry office and Peter D. Bacci of Lee & Associates-Central Los Angeles represented both the buyer and seller in the transaction. Daniels Western Meat Packers, Inc., a meat and food products supplier since 1953, purchased the property in an all cash deal from Burke & McCoy Family Trusts.
Foreclosure specialist enlists IDX Broker to help simplify his search capabilities and property listings
EUGENE, OR - May 24, 2011 - (RealEstateRama) -- IDX, Inc. and Marty Maradiaga have joined forces to present Southern California home seekers with access to thousands of up-to-the-second real estate listings. Maradiaga has adopted IDX Broker software, giving him the ability to host an innovative, five-tiered approach to the online property search process. The California Real Estate Technology Services (CARETS) database, which lists and displays thousands of area properties, is now seamlessly integrated and linked to the website of Maradiaga. The IDX enabled search page Maradiaga hosts has revolutionized the way potential California home buyers find homes online.
REAL ESTATE MORTGAGE NETWORK, INC. CONTINUES CALIFORNIA EXPANSION WITH NEW RIVERSIDE OFFICE
RIVERSIDE, CA - May 24, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), a national mortgage lender based in River Edge, N.J., continues to grow its retail presence in California with the addition of a new branch in Riverside. Coming on the heels of the company’s recent addition in San Diego, this new office will better help REMN service the Inland Empire’s future and existing home owners, real estate professionals, as well as residential builders.
Lee & Associates’ Growth Leads to First Appointed CEO in its History
Torrance, CA In a clear signal of the firm’s ongoing nationwide expansion and evolutionary growth, Lee & Associates, one of the nation’s largest commercial brokerage firms, has named its first CEO in its 32-year history. Industry veteran Edward J. Indvik, who has spent the past 20 years with Lee & Associates, steps into the role immediately after being selected CEO by Lee & Associates’ presidents in April.
Colliers International Completes Two Industrial Sales Totaling $4.113 Million in Sylmar, Calif.
Sylmar, CA - May 23, 2011 - (RealEstateRama) --Colliers International, the second largest global real estate services organization, recently completed two industrial deals in Sylmar, Calif. Brent Weirick, senior vice president based in Colliers International’s Encino office, handled both deals.
Colliers International Completes the Sale of Eight Multi-Family Units for $2.5 Million in San...
San Clemente, CA - May 20, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the sale of an eight multi-family units located at 1006-1008 Buena Vista St., San Clemente, Calif. The transaction is valued at $2.5 million.
Colliers International Completes the Sale of Bank Owned REO Shopping Center for $2.55 Million...
Gardena, CA - May 20, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the sale of a 43, 242-square-feet retail shopping center located at 14950 – 15000 Crenshaw Blvd., Gardena, Calif. The transaction is valued at $2.55 Million.
PCCP Partners with Signature Development Group to Acquire Tralee Village in Dublin, Calif.
SAN FRANCISCO, CA - May 19, 2011 - (RealEstateRama) -- PCCP, LLC has announced that it has partnered with Signature Development Group to acquire Tralee Village, a nearly complete Class A apartment project in Dublin, California. Once complete the high-end, condominium quality apartment community located in the Bay Area will include 130 units. Over the coming months, Signature Development Group out of Oakland, California, will manage various aspects of project completion. PCCP will then transition the property to full-time third party property management in the fall of 2011. Pre-leasing is expected to begin in July with first occupancy for the completed units occurring in August.
USC Ross Minority Program in Real Estate Enrolling for Summer Session
Torrance, CA - May 19, 2011 - (RealEstateRama) -- The University of Southern California Ross Minority Program in Real Estate, a professional training program that teaches real estate fundamentals to individuals interested in creating positive change in emerging communities, is still accepting applications for its summer session that begins June 9.
Colliers International Negotiates a 82,080-Square-Feet Industrial Lease in Santa Fe Springs, Calif.
Santa Fe Springs, CA - May 17, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently negotiated a 45 month 82,080-square-feet industrial lease located at 12991 Leffingwell, Santa Fe Springs, Calif. The transaction is valued at $1.9 million.
Colliers International Completes the Sale of 78,021-Square-Feet Industrial Property for $3.9 Million in Chino,...
Chino, CA - May 17, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the sale of a 78,021-square-feet industrial building located at 5740 Schaefer Ave., Chino, Calif. to a Massachusetts-based aerosol cans manufacturing and distribution company, Shield Packaging of California. The transaction is valued at $3.9 million.
CT REALTY INVESTORS SELLS BUILDING AND SENIOR NOTE PORTFOLIO
ALISO VIEJO, CA - May 17, 2011 - (RealEstateRama) -- CT Realty Investors (CTRI) announced today it has completed the process of successfully selling a portfolio of office, warehouse and residential assets located throughout Southern California (Riverside County, Orange County and San Diego County), including some senior mortgage notes for a total of more than $30 million. The portfolio featured multiple residential, industrial and office properties purchased by CT Realty Investors in 2009 and 2010 through several senior loan pool acquisitions. CT Realty has been an active purchaser of distressed debt and maintains an active debt resolution business unit.
Aaron Hodgdon Named CoStar Power Broker for Retail
INLAND EMPIRE, CA - May 16, 2011 - (RealEstateRama) -- Aaron Hodgdon, president of Hodgdon Group Realty, has been named a CoStar Group’s (NASDAQ: CSGP) Power Broker for 2010 in the retail leasing category. This is Hodgdon's second consecutive year as a Power Broker in the retail leasing category. His firm, Hodgdon Group Realty, also made the 2010 Power Broker list for Top Leasing Firms
Los Angeles Visionaries Honored At L.A. Headquarters Association’s 50th Annual Awards Luncheon
Torrance, CA - May 16, 2011 - (RealEstateRama) -- Over the years, Los Angeles notables such as Gene Autry, Mayor Tom Bradley, Jeffrey Katzenberg, Pete Carroll, Councilwoman Jan Perry and Frank Gehry, have been honored by the Los Angeles Headquarters Association (LAHQ) for shaping the city’s economic success and quality of life.
Colliers International Completes $4 Million Multifamily Sale in Marina Del Rey, Calif.
Marina Del Rey, CA - May 13, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the investment sale of a 6,316-square-foot apartment building located at 15 Outrigger Street, Marina Del Rey, Calif. The transaction sold for $4 million.
Colliers International Negotiates Three Industrial Deals Totaling $13.75 Million in Greater Los Angeles
Los Angeles, CA - May 13, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has negotiated two industrial leases and an industrial sale totaling $13.75 million in the Mid-Counties Market in Greater Los Angeles. Chris Sheehan, SIOR, senior vice president, and Adam Deierling, vice president, based in Colliers International’s Torrance office represented tenants and user in all three transactions