Torrance, CA - May 10, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has appointed Ryan Martens to principal in the Oakland office. Martens will specialize in industrial sales and leasing.
Torrance, CA - May 10, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed a $13.5 million office sale in Tustin, Calif. The 139,558-square-foot property is comprised of 15621, 15641 and 15661 Red Hill.
Torrance, CA - April 10, 2012 - (RealEstateRama) -- In a strategic move to strengthen its presence in the Coachella Valley market, Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has brought on four powerhouse professionals, Maggie Montez, Brian Ward, Dani Alexander and Shawna Strange, to spearhead the Palm Desert office.
Torrance, CA - March 28, 2012 - (RealEstateRama) -- Less than three years into her real estate career, Coldwell Banker Residential Brokerage’s Erica Miller has been voted the North County Times 2011 Top Agent by local residents. While it has only been a few years since she received her real estate license, Miller’s patience, persistence and passion have guided her to the top.
Orange County, CA - March 26, 2012 - (RealEstateRama) -- Merit, a FirstService Residential Management company, announces the promotions of Andrew Schlegel, Executive Vice President Community Management Central Region; Katie Ward, Executive Vice President of Community Management, Southern Region; and, Isaiah Henry, Vice President of Business Development. In addition, Scott Mehlberger will expand his role as CFO of Merit and take on the responsibilities of Chief Operating Officer.
Torrance, CA - March 20, 2012 - (RealEstateRama) -- The joint venture between Mountain Real Estate Capital (MREC) and Harridge Development has recently acquired a bank-owned residential infill site located at 5120 Melrose Avenue, situated five miles northwest of downtown Los Angeles adjacent to Paramount Studios. The partners are in the process of re-entitling the site from multifamily to single family lots which they plan to sell to homebuilders. The terms of the acquisition were not disclosed.
Torrance, CA - February 27, 2012 - (RealEstateRama) -- Jim Fisher and Mike Smith, principals of Lee & Associates-LA North/Ventura, Inc., transacted the sale of Southwood Gardens, a 358-unit multifamily asset at 5601 Paramount Ave. in Long Beach, Calif.
Torrance, CA - February 6, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $4.1 million sales transaction for a 5,107-square-foot retail building located at 44575 Avenida de Missiones in the southern California town.
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 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
Torrance, CA - January 16, 2012 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) announces the closing of two notable acquisitions: one for a loan portfolio with residential assets located throughout South Carolina and a separate note purchase on a high profile subdivision in the North Hills section of Raleigh. In total, MREC acquired approximately 150 performing and non-performing loans totaling over $100 million in loan balance. The loans are secured primarily by residential development properties in Raleigh, N.C., and the Charleston, Myrtle Beach, Hilton Head and Kiawah Island areas of South Carolina.
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.
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.
Torrance, CA - January 6, 2012 - (RealEstateRama) -- The Riverside office of Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has released its Fourth Quarter 2011 Industrial Market Summary for manufacturing/distribution buildings for the East Valley Market in Southern California’s Inland Empire.
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.
Torrance, CA - December 5, 2011 - (RealEstateRama) -- Less than a year after being appointed to the California Board of Accountancy (CBA) by then Gov. Arnold Schwarzenegger, Michael Savoy, managing director of Santa Monica-based Gumbiner Savett Inc., has been elected secretary/treasurer for 2012. In his new position, Savoy will perform a variety of duties that will help drive the organization forward and keep its finances in sound shape.
Torrance, CA - November 30, 2011 - (RealEstateRama) -- Mountain Real Estate Group (www.mountainregroup.com), a leading buyer of distressed bank assets and a private capital source for real estate developers, builders and operators, has made a key strategic move in its national expansion plan by opening up a New York office. Located at 50 Main Street in the business district of White Plains, Mountain’s new office is the firm’s eighth regional office in the U.S. Rodney Montag, who has more than 25 years of commercial real estate development, homebuilding and investment market experience, will head the New York operation.
Torrance, CA - November 22, 2011 - (RealEstateRama) -- In one of the largest transactions in Long Beach this year, Lee & Associates, one of the nation’s leading commercial real estate providers, has closed a sales transaction of more than $20 million for the Park Tower, a 119,287-square-foot office building located at 5150 Pacific Coast Highway in Long Beach, Calif. The sale price of the off-market transaction could not be disclosed.
Torrance, CA - November 16, 2011 - (RealEstateRama) -- Karen Compton, principal of A3K Consulting has named Eric Halm research and development leader for the firm. Additionally, Mr. Halm will serve as an integral part of the leadership team. The California-based business and strategic planning firm that specializes in the architecture, engineering and construction industries continues to provide advice and counsel strategic solutions to a diverse base of public, private and nonprofit clients, seeking to aggressively pursue their business strategies in a challenging environment