CoStar's People of Note (Mar. 24) - CBRE, HFF Add 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: Washington DC,...
View ArticleOffice Lease Up (March 27) Google Searches, Finds 166,000 SF of Office Space...
Google (NYSE: GOOG) will take over as anchor tenant of Rincon Center II in downtown San Francisco after finalizing a 10-year deal to occupy 166,460 square feet at the Class A building. The American...
View ArticleBascom Group Acquires Villas at Tustin in Santa Ana
The Bascom Group has acquired the 406-unit Villas at Tustin apartments at 2414 N. Tustin Ave. in Santa Ana, CA for $94 million, or about $232,000 per unit, from Waterton Residential. Built in 1972, the...
View ArticleRETAIL NEWS SERIES: Flurry of Dept. Store Closures Forcing Mall Owners to...
Part 1: Sears Discloses for First Time it May Not Survive, Marks Latest Blow to Dept. Store/Mall Sector Part: 2: Investors Still Willing to Bet Big on Mall Turnarounds, Even Those Hit by Triple Anchor...
View ArticleRETAIL NEWS SERIES: Flurry of Dept. Store Closures Forcing Mall Owners to...
Part 1: Sears Discloses for First Time it May Not Survive, Marks Latest Blow to Dept. Store/Mall Sector Part: 2: Investors Still Willing to Bet Big on Mall Turnarounds, Even Those Hit by Triple Anchor...
View ArticleBBG Acquires Northern California Offices of Integra Realty Resources
BBG, one of the largest independent valuation, assessment and advisory firms in the U.S., has acquired Integra Realty Resources (IRR) affiliate offices in San Francisco and Sacramento, bolstering the...
View ArticleCoStar's People of Note (Mar. 31)
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: New York City, Los...
View ArticleCA Legislator Introduces Bill Banning Dual Agency Representation in CRE...
A member of the California State Assembly has introduced legislation that would prohibit real estate agents and brokers, their brokerage firms or associate licensees from engaging in dual agency broker...
View ArticleCalifornia to Consider New Legislation on Dual Agency
A pair of bills addressing dual agency broker representation have been introduced in the California State Assembly. If taken up and passed, the proposed legislation has the potential to upend and...
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CoStar's People of Note (Apr. 7)
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: Austin, San Diego,...
View ArticleBellwether Enterprise Announces Major West Coast Expansion
Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment, Inc., has expanded its West Coast platform with the hiring...
View ArticleMohr Partners Founder Sells Tenant Advisory Firm to Senior Managers
Dallas-based Mohr Partners, Inc. has been acquired by its current president, Robert Shibuya, and four other managers and brokers from founder, chairman and CEO Robert "Bob" Mohr, the company announced...
View ArticleBroadway Villas Sells Apt Building in Santa Ana
Broadway Villas LLC sold the 21-unit River’s Edge multifamily property in Santa Ana to Ditch Ranch Partnership and NNC Apartment Ventures LLC for $5 million, or $241 per unit. The 16,527-square-foot...
View ArticleOrange County Leasehold Interest Sells for $9 Million
The Kutzer Co. and OPC Acquisition 2 LLC sold the leasehold interest in the Lake Forest Marketplace for $9 million to a private individual. The center is at 23771 El Toro Road in Lake Forest. The...
View ArticleWith West Coast Store Debut, Five Below Generates Heat in Chilly Retail Market
While many retailers are closing down stores and pursuing an e-commerce strategy to compete with Amazon.com and its peers, teen-centric discount chain Five Below (Nasdaq: FIVE) is doubling down on a...
View ArticleCypress Group Sells Meridian Shopping Center
Cypress Group sold the Meridian Plaza shopping center at 10923-10953 Meridian Dr. in Cypress, CA for $8.46 million, or about $296 per square foot, to private investors. The 28,541-square-foot retail...
View ArticleKarma Automotive Pays $56.3M for New Global Headquarters
Karma Automotive, a U.S. manufacturer of high-end electric hybrid vehicles, has purchased the flex building at 9950 Jeronimo Rd. in Irvine, CA for $56.25 million, or about $214 per square foot, from...
View ArticleUpdated: Mohr Partners Founder Sells Tenant Advisory Firm to Senior Managers,...
Dallas-based Mohr Partners, Inc. (MPI) acquired by senior management earlier this month from founder, chairman and CEO Robert "Bob" Mohr, has named the four minority shareholders that will round out...
View ArticleCoStar's People of Note (Apr. 21)
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: Philadelphia,...
View ArticleMarket Trend: Orange County's Office Vacancy Increases to 9.1%
The Orange County Office market ended the first quarter 2017 with a vacancy rate of 9.1%. The vacancy rate was up over the previous quarter, with net absorption totaling positive 49,390 square feet in...
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