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California housing market continues to post strong gains in May, home sales rise to...
LOS ANGELES, CA - June 18, 2012 - (RealEstateRama) -- California’s housing market continued to improve in May, with home prices posting solid gains for the third straight month and home sales well above last year’s pace, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.
Present Value Properties Negotiates Lease for Menchie’s Frozen Yogurt in Belmont, Calif.
TUSTIN, CA - June 18, 2012 - (RealEstateRama) -- Present Value Properties, Inc., a full service retail real estate brokerage, and consulting firm headquartered in Tustin, Calif., announced today that it has represented self-service yogurt chain Menchie's Frozen Yogurt franchisee in a lease transaction in San Mateo County in Belmont, Calif.
Auction.com Further Expands into the Luxury Market with Successful Corona del Mar Auction
Torrance, CA - June 15, 2012 - (RealEstateRama) -- Auction.com (http://www.auction.com/) the nation’s leading online real estate marketplace, reaffirmed its strength in the luxury residential market with the May 23 auction of a signature oceanfront estate located on Brighton Road..
Michael Dixon and Ziv Kozaski Close $1.4M Double Multifamily Deal in L.A.
LOS ANGELES, CA - June 14, 2012 - (RealEstateRama) -- Michael Dixon and Ziv Kozaski with NAI Capital’s Encino office represented the Buyer, 519 Fickett, LLC, in the sale of two multifamily properties in Los Angeles. The first is a 12 Unit property located at 519 N. Fickett Street (pictured above) and the second is a 10 unit property located at 2458 Folsom Street. The combined value of both sales transactions were over $1.4M.
KTGY Principal Manny Gonzalez, AIA, LEED AP to Speak at PCBC on 50+ Housing...
IRVINE, CA - June 14, 2012 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture + Planning, is pleased to announce that KTGY Principal Manny Gonzalez, AIA, NCARB, LEED AP has been invited to be a speaker at the PCBC 2012 show, Homebuilding’s Premier Tradeshow and Conference, held June 27-28, 2012, at the Moscone Center in San Francisco, Calif. Gonzalez is a frequent guest speaker and panelist at various industry events and webinars.
California website a one-stop real estate resource with IDX solution employed by Coldwell Banker
EUGENE, OR - June 13, 2012 - (RealEstateRama) -- Manhattan Beach, California Realtor Amy Hackman has joined forces with IDX, Inc. to create a unique and comprehensive online real estate solution. As a member of the Califronia Real Estate Technology Services (CARETS), Hackman has long had access to the ease and efficiency of a CARETS hosted property search. The revolutionary IDX technology Hackman now hosts on her Coldwell Banker website gives potential California buyers the same accessibility to detailed listings once reserved for real estate professionals only.
Keystone Pacific Property Management Promotes Rebecca Arroyo to Community Association Manager
Irvine, CA - June 13, 2012 - (RealEstateRama) -- Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, has promoted Rebecca Arroyo from associate community association manager to community association manager. Arroyo started with Keystone Pacific Property Management in 2005 as an enforcement coordinator and was promoted in 2006 as the account executive for the CZ Master community in Rancho Santa Margarita. She has over 10 years of property management experience.
Construction Underway on Nadel Architects-Designed $120 Million Multi-Family Complex in Marina
Torrance, CA - June 13, 2012 - (RealEstateRama) -- Construction has begun on the $120 million multifamily project at 4201 Via Marina in Marina del Rey, Calif. Designed by Nadel Architects, Shores, a 12-building complex, is just a stroll away from both the beach and the marina docks. The County of Los Angeles, which owns and manages Marina del Rey, along with owner and developer Jerry Epstein of Del Rey Shores, LLC, one of the original Marina del Rey developers from the 1960s, envisioned the need for renovation and redevelopment to meet the demand for new, quality, higher-density, contemporary apartment living near the ocean.
CHARLES DUNN COMPANY COMPLETES $19.25 MILLION SALE OF TWO MEDICAL-RELATED OFFICE BUILDINGS IN ORANGE...
LOS ANGELES, CA - June 13, 2012 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $19,255,000 sale of two medical-related office buildings totaling approximately 100,000 square feet in the Orange County, Calif. cities of Cypress and Costa Mesa. The buildings are fully occupied by WCCT Global LLC, an early phase drug development Clinical Research Organization (CRO)
CHARLES DUNN COMPANY COMPLETES $2.075 MILLION SALE OF 20-UNIT MULTIFAMILY PROPERTY IN LOS ANGELES...
LOS ANGELES, CA - June 13, 2012 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $2,075,000 sale of a 20-unit apartment property located at 225 N. Ave. 53 in Highland Park near the 110 freeway.
Former American Shower Door Building Sells for $18.65 Million
Torrance, CA - June 12, 2012 - (RealEstateRama) -- The 60,000-square-foot industrial building at 3401 Exposition Blvd., in Santa Monica, was sold for $18.65 million to Watt Investments. The sale and purchase of the building, which currently includes production companies was brokered by Lee & Associates West Los Angeles. Centinela Studios, LP was the seller.
Lee & Associates Closes Over $7 Million Warehouse Sale in Hayward
Torrance, CA - June 12, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate brokerage firms in the country, has closed the sale, valued at more than $7 million, of a warehouse in Hayward, Calif.
U.S. Reps. Peters, Campbell and Ellison Introduce Bipartisan Plan to Help Underwater Homeowners Stay...
Washington, D.C. - June 11, 2012 - (RealEstateRama) -- U.S. Reps. Gary Peters (D-MI), John Campbell (R-CA) and Keith Ellison (D-MN) introduced the Preserving American Homeownership Act of 2012. The crux of this legislation is the creation of a principal reduction program to allow eligible homeowners to have their underwater properties revalued at a more accurate level. By implementing this program, struggling homeowners could qualify for more affordable monthly mortgage payments which would cut foreclosure rates and strengthen the housing market. And by using a shared appreciation model, taxpayers would receive a portion of future revenues from the sale of the house.
VOIT REAL ESTATE SERVICES DIRECTS $5.6 MILLION OFFICE SALE TO NATIONAL UNIVERSITY IN SAN...
San Diego, CA - June 11, 2012 - (RealEstateRama) -- Voit Real Estate Services’ San Diego office has successfully directed the $5.6 million sale of a 31,421 square-foot office building located at 9980 Carroll Canyon Road in San Diego, Calif., on behalf of the seller. The buyer, San Diego-based National University, the second-largest private, nonprofit institution of higher education in California and the twelfth-largest in the United States, plans to use this two-story building for administrative and educational purposes, according to Brian Mulvaney, CCIM, SIOR, a Senior Vice President in Voit’s San Diego Office
KTGY Announces New Technology For Retail World
IRVINE, CA - June 11, 2012 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, announced today two technology innovations for the retail industry, a Mobile Design Studio and a Site Survey App for the iPad. According to KTGY's Associate Principal Craig T. Chinn, who heads up the Retail Studio, "We have two very unique concepts that are being used by top retailers and developers nationwide, which saves them time and money, our Mobile Design Studio and a Site Survey App."
Hanley Investment Group Sells Single-Tenant Panera Bread in Temecula, Calif. for $2.7 Million
IRVINE, CA - June 11, 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 Patrick G. Kent represented the buyer and seller in the sale of a single-tenant Panera Bread in Temecula, Calif. The purchase price was $2,715,000, representing a 6.43% capitalization rate and $560 per square foot.
CUSHMAN & WAKEFIELD WINS ASSIGNMENT TO MANAGE 11 INDUSTRIAL PROPERTIES IN SOUTHERN CALIFORNIA
LOS ANGELES, CA - June 8, 2012 - (RealEstateRama) -- AEW Capital Management, a leading manager of real estate assets and securities for institutional and private investors, has awarded Cushman & Wakefield of California, Inc. the property management assignment for 11 industrial properties in Southern California. The properties, which total 2.6 million square feet, are owned by several of AEW’s commingled investment funds. Dee Eckman and Mary Marx of Cushman & Wakefield’s Corporate Occupier and Investor Services (CIS) group will handle the assignment.
Charles Dunn Company Completes Record-Breaking Sale of Nine-Unit Multifamily Property in Los Angeles
LOS ANGELES, CA - June 6, 2012 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $2,894,000 sale of a nine-unit apartment property located at 3321 Mentone Ave. near the major cross street of National in Los Angeles.
KB Partnership Awards Charles Dunn Company 1.1 Million Square Foot Industrial Property Management Assignment
LOS ANGELES, CA - June 6, 2012 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has been awarded the KB Vernon Portfolio, a nearly 1.1 million square foot property management assignment from KB Partnership, a partnership between Black Equities and ARKA Properties both based out of Beverly Hills, California. The KB Vernon Portfolio totals ten buildings and is nearly 100 percent occupied. It consists entirely of industrial properties in the cities of Vernon and Los Angeles.
Colliers International Completes $1.95 Million Sale of Office Property in Thousand Oaks, Calif.
Thousand Oaks, CA - June 6, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the $1.95 million sale of an approximately 12,800 square foot office property located at 199 E. Thousand Oaks Blvd. in Thousand Oaks, Calif