Clear Capital Closes $37.4M Sale of Miracle Terrace Apts
Community Preservation Partners LLC and Jamboree Housing Corporation acquired the Miracle Terrace Apartments at 225 S. Western Ave. in Anaheim, CA for $37.38 million, or about $209,000 per unit, from...
View ArticleCoStar's People of Note (Jan. 20) - CBRE, HFF Name Senior Managing Directors
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Greater Toronto...
View ArticleHyatt Acquires Two Health Spas and Top Brand to Accelerate Growth Strategy
Hyatt Hotels Corp. acquired Miraval Group, an owner and operator of spas and resorts, from an affiliate of KSL Capital Partners LLC. The $215 million acquisition includes the Miraval brand and a pair...
View ArticleMartin Joins IPA Team in Irvine
Tyler Martin has joined Institutional Property Advisors (IPA), a division of Marcus & Millichap, as a multifamily specialist in the firm's Irvine, CA office. In his new role, Martin will be working...
View ArticleCBRE Taps Horne to Lead New SoCal-Hawaii Division
Lewis Horne has been appointed president of the newly-formed Southern California - Hawaii division for CBRE Group, Inc. (NYSE: CBG). In his expanded leadership role, Horne will have executive oversight...
View ArticleCoStar's People of Note (Jan. 27) - CBRE Names New Presidents for Three Major...
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Chicago, South...
View ArticleLee & Associates Expands Newport Beach Office
The Newport Beach, CA office of Lee & Associates has tapped Chris Coyte, a 28-year commercial real estate veteran, as president and managing director. Coyte, who has been with Lee & Associates...
View ArticleCoStar's People of Note (Feb. 3) - Lee & Associates, Stiles and MBRE Name New...
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Orange County, Los...
View ArticleBKM Capital Launches Second Value-Add Institutional Fund
BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant light industrial and warehouse properties, launched its second institutional fund, BKM Industrial Value...
View ArticleIndustrial Bldg in Brea Sells for $7.5M
Fullerton Industrial Investors LLC purchased the 64,250-square-foot industrial building at 4200 Bonita Pl. in Brea, CA from BIT Technologies Corp for $7,550,000 or $117PSF. The seller will lease back...
View ArticleARES Refinances Another SoCal Multifamily Portfolio
Shortly after refinancing a 479-unit multifamily portfolio spread across Southern California, Advanced Real Estate Services, Inc. has refinanced a portfolio of three other multifamily properties...
View ArticleHines, Oaktree Capital See Retail Redevelopment Opportunity in Pacific Center
Hines and a fund managed by Oaktree Capital Management recently acquired Pacific Center for an undisclosed price. The four-building, mixed-use campus totals 143,000 square feet on a 15.5-acre site in...
View ArticleCoStar's People of Note (Feb. 10)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Los Angeles,...
View ArticleClimatec Leases 24,000 SF in Anaheim
Climatec, a building technology provider, has signed a lease for 24,708 square feet in the AXIS Anaheim office building at 2150 Towne Centre Pl. in Anaheim, CA. The five-story, 302,605-square-foot...
View ArticleManning & Kass Renews Lease at Newport Gateway Tower I
Manning & Kass, Ellrod Ramirez & Trester LLP signed a lease renewal and expansion for a total of 13,902 square feet in the office building at 19800 MacArthur Blvd. in Irvine, CA. The law firm...
View ArticleOffice Lease Up (February 13) Tommy Hilfiger Signs 200,000-SF HQ Lease at 285...
PVH Corp. has signed a new 200,000-square-foot office lease to relocate its multinational luxury apparel label Tommy Hilfiger to 285 Madison Ave. in New York City. The fashion label will relocate its...
View ArticleCBRE Acquires CRE Lending and Consulting Firm Capstone Financial
CBRE has acquired boutique commercial real estate finance and consulting firm Capstone Financial. Terms of the sale were not disclosed. Based in Clayton, MO, just outside St. Louis, Capstone Financial...
View ArticleSavills Studley Expands Regional Presence with Acquisition of Cresa Orange...
Savills Studley, a leading commercial real estate firm specializing solely in tenant representation, has acquired Cresa Orange County in a move to increase the firm's presence in the region while...
View ArticleCoStar's People of Note (Feb. 17) - Savills Studley, Marcus & Millichap...
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Orange County, New...
View ArticleCasa Tropicana Restaurant, B&B Sells for $7.3M in San Clemente
Private investors traded the Casa Tropicana restaurant and bed & breakfast at 610 Avenida Victoria in San Clemente, CA for $7.3 million. The 15,300-square-foot boutique hotel was constructed in...
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