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Torrance, CA - January 16, 2012 - (RealEstateRama) -- In a move that will have a major impact to its office brokerage presence, Lee & Associates NYC has hired two of New York’s highly respected industry veterans Howard Rosen and John Cannon. The two brokers, who had been repeatedly recognized as top national and regional producers at their former firm, Grubb & Ellis NY, and are members of the President’s Council and repeat recipients of G&E Circle of Excellence Awards, come to Lee with more than 50 years of combined office broker experience.

Irvine, CA - January 16, 2012 - (RealEstateRama) -- Trent Walker and Sam Olmstead of Voit Real Estate Services’ Irvine office directed the industrial sale with the largest consideration of 2011 in Orange County, according to CoStar data. Walker represented the seller and, both Walker and Olmstead the buyer in the $47 million sale of the Irvine Crossings project, a 420,000 square-foot industrial warehouse and data center situated on 21.7 acres at 17871 Von Karman and 17836 Gillette in Irvine, Calif.

Torrance, CA - January 12, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $3.8 million sales transaction for a 102,566-square-foot industrial building located at 26090 Ynez Road in Temecula, Calif.

San Francisco, CA - January 12, 2012 - (RealEstateRama) -- Danielle Lazier has been named Zephyr Real Estate’s Top Producer of 2011. Having sold 60 properties during the year, Lazier ranks among the top one-half of one percent of real estate agents in all of San Francisco.

Torrance, CA - January 11, 2012 - (RealEstateRama) -- Lee & Associates Net Leased Group in Carlsbad, Calif., a division of the national brokerage firm Lee & Associates, has closed a $19.1 million sale of a car dealership property at 6801 E. Frontage Rd, in Merriam, Kansas. The 58,430-square-foot property, which is occupied by CarMax, Inc., was purchased by an undisclosed buyer. CarMax, which will remain in the property, has 17 years on the initial lease term, which also includes four, 5-year options to extend.

IRVINE, CA - January 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 Edward B. Hanley, William B. Asher and Patrick G. Kent sold three multi-tenant strip centers totaling 96,327 square feet in southern California for a total consideration of $8,170,026

IRVINE, CA - January 11, 2012 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment sales groups in the western United States and a market leader in the sale of retail properties, announced today that William B. Asher and Edward B. Hanley sold a 31,900-square-foot multi-tenant retail center located on Highway 111 in Rancho Mirage, Calif. The purchase price was $6.8 million.

San Bernardino CA - January 11, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed an unprecedented sale of a newly developed neighborhood center in San Bernardino, Calif. Built in 2009, Ree-Charge ‘N Go ® is not only anchored by 7-Eleven and T-Mobile but offers charging station that can fuel multiple electric vehicles at once.

SAN DIEGO, CA - January 10, 2012 - (RealEstateRama) -- Aliso Viejo, Calif.-based CT/KDF Community Development Partners, a joint venture between CT Realty Investors and KDF Communities, has placed $10.45 million of its New Markets Tax Credit (NMTC) allocation to develop a 36,000-square-foot, freestanding market in the Mercado del Barrio project in Downtown San Diego in concert with its investment partner, Wells Fargo.

Torrance, CA - January 10, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, representing the seller, brokered a $2.5 million sale of the Edna Grandview Business Park, located at 525-601 E. Edna Park Place in Covina, Calif.

LOS ANGELES, CA - January 10, 2012 - (RealEstateRama) -- Commercial real estate investment banking firm George Smith Partners has successfully arranged $16 million in construction financing for DJM Capital Partners, Inc., whose affiliate is the owner of the Bella Terra Shopping Center in Huntington Beach, Calif. according to Principal and Managing Director, Steve Bram and Senior Vice President, David Pascale. The construction loan will allow DJM to create a big box retail pad for new tenant Costco Wholesale Corporation.

IRVINE, CA - January 10, 2012 - (RealEstateRama) -- Hanley Investment (HI) Urban Retail Advisors, a division of Hanley Investment Group Real Estate Advisors, specializing in the sale and advisory of high profile mixed-use and urban retail properties in dynamic commercial districts across the United States, announced today that Carlos J. Lopez, President of HI Urban Retail Advisors represented the buyer in the purchase of the 6,150-square-foot ground-floor retail condominium of a 263-unit luxury condominium building, known as Luma, within the heart of Downtown Los Angeles, Calif. The purchase price was $2.62 million.

Orange County, CA - January 10, 2012 - (RealEstateRama) -- In the fourth quarter of 2011, the Orange County office market displayed positive net absorption for the sixth consecutive quarter, posting 819,510 square feet – the most occupation of space since the first quarter of 2007, according to the Fourth Quarter Market Report from Voit Real Estate Services. In addition, activity volume reached its highest level since 2006, and both vacancy and availability decreased from the previous quarter.

SAN DIEGO, CA - January 10, 2012 - (RealEstateRama) -- Voit Real Estate Services’ San Diego office has completed the $2.375 million sale of a 12,292 square-foot office property located at 11610 Iberia Place in San Diego, Calif. This Class B, two-story office building was built in 1980 and has undergone extensive renovation, according to Brian Mulvaney, SIOR, CCIM in Voit’s San Diego Office.

Torrance, CA - January 10, 2012 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the U.S., is reporting one of its most successful years in its 40-year history with more than $172 million in acquisitions and dispositions in 2011. In total WFC completed 67 transactions in 2011, including five core acquisitions, 10 value-add acquisitions, five core dispositions and 47 value-add dispositions. The transactions were in 24 states. Over the past two years Westwood Financial Corp. has closed 14 value-add transactions for $60 million and is actively looking to reach its $100 million goal. In addition, the Los Angeles-based firm had an increase in its shopping center portfolio, particularly in the Southeast, which brings its ownership and management of more than 100 shopping centers and retail properties in 24 metropolitan markets.

ALISO VIEJO, CA - January 5, 2012 - (RealEstateRama) -- A partnership between CT Realty Investors and Behringer Harvard announced today the sale of Archibald Business Center, a Class A 231,000-square-foot corporate headquarter distribution center located at 2021 So. Archibald Ave. in Ontario, Calif. In a $15 million transaction, the business property was sold to Beauty 21 Cosmetics and will serve as their corporate headquarters and primary regional distribution facility.

Cerritos, CA - January 5, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has negotiated an owner/user sale for a 27,985 square foot industrial building located at 16625 Norwalk Blvd., Cerritos, Calif. The transaction is valued at $2,966,410.00 ($106 PSF).

Torrance, CA - January 5, 2012 - (RealEstateRama) -- Michael Seiden has joined the national real estate law firm Pircher, Nichols & Meeks in its Los Angeles office. Seiden is an addition to Pircher’s real estate department.

EUGENE, OR - January 5, 2012 - (RealEstateRama) -- Ontario, California real estate advisor Kartik Subramaniam has adopted the IDX, Inc. premier IDX Broker software to integrate detailed property listings onto his Prudential California Realty website. With his incredible IDX solution, Subramaniam has transformed the way California Real Estate Technology Service (CARETS) listings are displayed online, as potential buyers can now access thousands of properties on their own, with unprecedented access to real estate market trends and updated listing information. Finding a California home online has never been easier, thanks to Subramaniam and his IDX-enabled website.

SACRAMENTO, CA - January 5, 2012 - (RealEstateRama) -- Voit Real Estate Services has successfully completed the $6.6 million sale of the Mammoth Professional Building, a 94,267 square-foot office property located at 5701 Lonetree in Rocklin, Calif. This executive-class office building was built in 2009 and has 78 office suites with upgraded finishes that will accommodate small or large business tenants, according to Dan Vittone, Senior Vice President in Voit’s Irvine office.