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Lee & Associates Transacts $2,550,000 Industrial Sale in Canoga Park, CA
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.
Construction Begins on $16 Million Redevelopment of Granada Village
Torrance, CA - April 13, 2011 - (RealEstateRama) -- Regency Centers (regencycenters.com), a national owner, operator and developer of grocery-anchored and community shopping centers, started construction on the redevelopment of Granada Village, a 225,000-square-foot neighborhood center located in the San Fernando Valley. The $16 million redevelopment will convert this 46-year-old center into a regional draw with the addition of new-to-the-market retailers, sustainable design elements and upgraded center façade and amenities. The redevelopment is scheduled for completion in Spring 2012.