Archives

Torrance, CA - July 13, 2011 - (RealEstateRama) -- The Ontario office of Lee & Associates, one of the nation’s largest commercial brokerage firms, announces the $3.1 million lease of a 172,560-square foot industrial facility in Rancho Cucamonga, Calif.

Torrance, CA - July 12, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $4.2 million sales transaction for a 31,774-square-foot industrial building located at 1290 N. Miller Street in Anaheim, Calif.

LOS ANGELES, CA - July 6, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $4.42 million sale of an 18-unit multifamily property that was built in 2004 and is located at 817 Wilcox Ave. in Los Angeles.

LOS ANGELES, CA - June 23, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $2,475,000 sale of a 5,550 square foot office building located at 417 S. Beverly Dr. in Beverly Hills, Calif.

LOS ANGELES, CA - June 21, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed a 10-year, 26,336 square foot office lease valued at $8 million with California Community Foundation (CCF) and U.S. Bank.

Torrance, CA - June 20, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate firms in the country, has hired Brian True as a senior associate at its Michigan office. An experienced commercial real estate veteran, True will bring his expertise in tenant representation to his new role at Lee & Associates Michigan. While he puts his focus on the Metro Detroit area, True's diverse background in investigative research will provide a valuable advantage to his clients in identifying and analyzing various commercial real estate opportunities

Torrance, CA - June 16, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $3.1 million sales transaction for a 15,436-square-foot industrial building located at 2 Wrigley in Irvine, Calif.

Torrance, CA - June 15, 2011 - (RealEstateRama) -- Leslie D. Reed, an attorney with the national real estate law firm Pircher, Nichols & Meeks, will be honored with Commercial Real Estate Women-Los Angeles’ 2011 Women on the Rise award at CREW-LA’s Women at the Top event June 22.

BURBANK, CA - June 15, 2011 - (RealEstateRama) -- Robert D. Erickson and Trevor Belden, Principals of Lee & Associates-LA North/Ventura, Inc., completed two lease transactions totaling more than 12,000 square feet in two adjoining Burbank office buildings.

CALABASAS, CA - June 15, 2011 - (RealEstateRama) -- A multi-tenant industrial building in Canoga Park, CA was sold to a private investor for $2,550,000, according to Jack Schlaifer, Senior Vice President of Lee & Associates-LA North/Ventura, Inc., who represented the seller, H&D Osborne Investments, in the transaction.

LOS ANGELES, CA - June 1, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $4.1 million sale of a 16-unit apartment community located at 1946 Overland Ave. in West Los Angeles near the major cross street of Santa Monica Blvd. situated just minutes from UCLA, Century City and Beverly Hills.

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.“

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.

Riverside, CA - May 4, 2011 - (RealEstateRama) -- At a time when businesses are seeking a location with a competitive advantage, a number of companies have found the best choice is Riverside, California. The activity has created a dramatic turnaround in the City’s industrial market. Businesses have discovered that the cost savings realized through the City’s municipally-owned utility, a highly-skilled local labor force, and pro-business attitude can make a real difference in their bottom line. Newdevelopment and expansion activity driven by high-tech plastics recycling, food manufacturing, and plastic injection molding, among others has taken down close to 1 million square feet of space in the City and created more than 800 new jobs for the region.

IRVINE, CA - May 4, 2011 - (RealEstateRama) - ORION Property Partners, Inc., has announced the completion of the restructure, modification, and extension of Surterre Properties, Inc.’s 19,592-square-foot lease at 1400 Newport Center Drive in Newport Beach, Calif. Surterre Properties is a full-service residential real estate solution encompassing more than 250 top-ranked real estate professionals. The firm sells more residential real estate from its Newport Beach headquarters than any other single office in Orange County.

LOS ANGELES, CA - April 25, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $4.75 million sale of Russell Manor, a 35-unit apartment community located at 5333 Russell Ave. in Los Angeles.

Irvine, CA - April 25, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail investment advisory firm, has completed the $12.5 million sale of Shoppes at Puente Hills Mall, a 20,174-square-foot retail center located at 17501 Colima Rd. in City of Industry. Built in 2009 and situated on 2.52 acres, the center is an outparcel to the very successful Puente Hills Mall. The property is 87 percent occupied and includes Panera Bread, Chipotle, The Vitamin Shoppe, Wing Stop, T-Mobile, Jamba Juice, and others.

SHERMAN OAKS, CA - April 21, 2011 - (RealEstateRama) -- Darren Casamassima, a Principal of Lee & Associates-LA North/Ventura, Inc., a full service commercial brokerage company and member of the Lee & Associates group of companies, transacted a seven-year, 9,018-square-foot lease renewal at 10999 Riverside Drive in West Toluca Lake, CA. Total value of the lease is just under $1.5 million.

MOORPARK, CA - April 19, 2011 - (RealEstateRama) -- Lee & Associates-LA North/Ventura, Inc., transacted the sale of a 16,391-square-foot industrial building at 875 Patriot Drive in Moorpark, CA, the brokerage company’s third transaction at the center in a month, according to Lee President Mike Tingus and Principals Grant Fulkerson and Scott Linklater, who represented the developer, M.W. Ossola & Associates.

CALABASAS, CA - April 15, 2011 - (RealEstateRama) -- Jay Rubin and Marc Spellman, principals at Lee & Associates-LA North/Ventura, Inc., transacted a 12,200-square-foot lease that will bring a new Intensive Modulated Radiation Therapy facility to Warner Center, CA. Rubin and Spellman represented the landlord, L. Aronoff & Sons, in the 10 year lease at 21300 Erwin St. Total consideration for the deal was in excess of $2.7 million. “The building was well suited to this tenant because it is free-standing and because the transaction allows for extensive improvements to install the IMRT equipment,” said Rubin.