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The Largest Office Lease in the Inland Empire YTD 2014
WASHINGTON, D.C. - September 17, 2014 - (RealEstateRama) -- In one of the largest office leases in the Inland Empire region for 2014, The Way World Outreach International Ministries signed a 120,486-square-foot lease for the entire building at 4680 Hallmark Pky. in San Bernardino, CA. The deal is valued at $3.6 million.
C.W. DRIVER BEGINS CONSTRUCTION ON 460,000-SQUARE-FOOT FOUNTAINVIEW AT GONDA IN WEST LOS ANGELES
LOS ANGELES – Sept. 11, 2014 – C.W. Driver, a premiere builder serving California since 1919, has begun construction on Fountainview at Gonda West Los Angeles Westside Campus. Situated on 2.5 acres in the Playa Vista neighborhood, the 460,000-square-foot continuing care retirement community will provide more than 500 Westside seniors with a full range of active living, healthcare and in-home services. Designed by Gensler, the $100 million complex will feature 175 luxurious apartment units for independent living as well as 24 assisted living and memory care. Construction is scheduled for completion in 2016.
Sperry Van Ness Rich Investment Real Estate Partners Adds $1-Billion Broker to Burgeoning Los...
Los Angeles - September 6, 2014 - (RealEstateRama) -- Sperry Van Ness Rich Investment Real Estate Partners, a commercial real estate services franchisee, is proud to announce the addition of 30-year commercial real estate veteran Joe Penich to Sperry Van Ness - Rich Investment Real Estate Partners. Joe Penich who will serve as Vice President
Westwood Financial Corp. Signs Publix Super Markets as Anchor Tenant
ROCK HILL, S.C. /LOS ANGELES - September 2, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Publix Super Markets has now opened as the new anchor tenant at WFC’s Cherry Road Crossing, located off the Cherry Road exit on Highway 77 in Rock Hill, South Carolina, replacing Bi-Lo
Kennedy Wilson Represents Buyer in $16.4 Million Sale of Self-Storage Portfolio
WASHINGTON, D.C. - August 28, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has announced that it represented the buyer in the sale of a self-storage portfolio for $16.4 million. Family-owned by the AMS Group for more than 40 years, the portfolio consists of three properties totaling 158,000 square feet located throughout Los Angeles and Riverside counties
COLLIERS INTERNATIONAL NORTHEAST FLORIDA WELCOMES SCOTT ROGERS, SIOR, CCIM TO THE INVESTMENT SERVICES TEAM
WASHINGTON, D.C. - August 27, 2014 - (RealEstateRama) -- Colliers International Northeast Florida announces the addition of Scott Rogers to the Jacksonville Investment Team as Vice President of Investment Sales. Since the start of his commercial real estate career in 1983, Rogers has worked for a number of national firms specializing in real estate appraisals and investment sales. Rogers will continue to focus on investment-grade sales, servicing sellers of multi- and single-tenant retail, office, and warehouse properties in Northeast Florida and its surrounding areas.
Kennedy Wilson Awarded Management of San Francisco Financial District High-Rise
SAN FRANCISCO - August 19, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has been awarded the property management contract for 555 Montgomery Street, an 18-floor, Class A office building located in the heart of San Francisco’s financial district
C.W. Driver Hires Ryan Stichler as Director of Project Development
SAN DIEGO, Calif. - August 8, 2014 - (RealEstateRama) -- C.W. Driver, a premier builder serving California since 1919, has announced Ryan Stichler will join the San Diego office as director of project development.
John Troughton Joins Kennedy Wilson Brokerage Group as Vice President
SACRAMENTO/BEVERLY HILLS, Calif. - July 30, 2014 - (RealEstateRama) -- John Troughton, a 22-year commercial real estate veteran, has joined global real estate investment and services company Kennedy Wilson as vice president of its Brokerage Group. A well-known industry expert, over the years Troughton has received numerous accolades from the Governor of California, United States Congress, and several local governments for completing transactions that assisted in boosting local economies.
Avison Young completes $7.75-million sale of two office buildings in Murrieta, CA
Irvine, CA - July 18, 2014 - (RealEstateRama) -- Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has completed the $7.75-million sale of two, class A office buildings totaling 37,652 square feet (sf) in Murrieta, CA.
PCCP, LLC Provides $25.1 Million Senior Loan to PDC Memphis Oaks 3, LLC for...
WASHINGTON, D.C. - July 18, 2014 - (RealEstateRama) -- Holdings, LLC, a Class A distribution property totaling 1,025,000 square feet in Memphis, TN managed and sponsored by affiliates of Panattoni Development Company. The loan will recapitalize the existing financing, and will allow Panattoni to focus on leasing efforts on existing and future vacant space.
National Association of Counties (NACo) Awards 2014 Achievement Award to County of San Bernardino...
SAN BERNARDINO COUNTY, CA - June 17, 2014 - (RealEstateRama) -- The County of San Bernardino Economic Development Agency was awarded the 2014 Achievement Award in the category of Community/Economic Development by the National Association of Counties (N...
Charles Dunn Company to Market Historic Mixed-Use Tower in Downtown Los Angeles
LOS ANGELES, Calif. - June 11, 2014 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has been selected to market National City Tower, a historic adaptive reuse development that includes 93 residential lofts, as well as ground floor and basement retail space. Built in 1924 and redeveloped in 2008, the 12-story, 118,162-square-foot property was the former branch of National City Bank. The property is being offered at $45 million and has a projected initial capitalization rate of 4.7 percent
Pircher, Nichols & Meeks Hires Kathleen Dempsey Boyle As Of Counsel
CHICAGO - May 15, 2014 - (RealEstateRama) -- Pircher, Nichols & Meeks, a national real estate law firm with offices in Chicago and Los Angeles, announced that Kathleen Dempsey Boyle has joined the firm as an of counsel member in the Chicago office. Ms. Boyle has an extensive background in commercial real estate transactions for the development, operation and leasing of shopping centers, infill urban developments and mixed use properties.
BH Properties Continues Southwest Growth with Acquisition of Papago Crossing
LOS ANGELES/PHOENIX - March 25, 2014 - (RealEstateRama) -- BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has purchased the Papago Crossing apartments in Phoenix for $8.1 million. The move further advances the firm’s investment strategy in the region.
Lee & Associates Negotiates $21 Million Sale Exchange of Ontario and Fontana Industrial Facilities
WASHINGTON, D.C. - March 7, 2014 - (RealEstateRama) -- Michael Giuliano and Keith Anderson of Lee & Associates-Ontario, representing American Bolt and Screw, negotiated the $21 million sale exchange of a 106,394-square-foot industrial complex, located at 601 Kettering Drive in Ontario, Calif., and they located to a 72,650-square-foot facility at 14650 Miller Ave. in North Fontana, Calif.
Lee & Associates-North San Diego Negotiates 17 Lot Land Sale for Shea Homes
WASHINGTON, D.C. - February 21, 2014 - (RealEstateRama) -- Lee & Associates-North San Diego office has negotiated the $6.15 million sale of 17 land lots, located on Pio Pico Drive in Carlsbad, Calif., to the country’s largest privately-owned homebuilder, Shea Homes.
Lee & Associates Dallas-Ft. Worth Brokers the Purchase of 150 Acre Industrial Site
WASHINGTON, D.C. - February 21, 2014 - (RealEstateRama) -- Lee & Associates, the largest broker owned commercial real estate firm in the country, has brokered the sale of a 141,066-square-foot industrial property at 4688 State Highway 16 in Graham, Texas. The transaction amount was not disclosed.
Lee & Associates Dallas-Ft. Worth Negotiates Industrial Sale in Arlington
ARLINGTON, Texas - February 11, 2014 - (RealEstateRama) -- Lee & Associates, the largest broker owned commercial real estate firm in the country, has negotiated the sale of a 227,120-square-foot industrial property at 1701 Timberlake Dr. in Arlington, Texas.
Westwood Financial Corp. Ends 2013 On High Note
LOS ANGELES - January 7, 2013 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the U.S., is reporting its most successful year in its 42-year history with more than $325 million in acquisitions and dispositions in 32 separate trades in 2013. ”We are extremely pleased with 2013 and are expecting 2014 to be more of the same.” said Joe Dykstra, executive VP of WFC