Texas Cities See Population Boom, Even in Middle of Oil Bust
Texas added more people between July 2014 and July 2015 than any other state, according to new U.S. Census population data released this week. Nearly two-thirds of the almost 500,000 new Texas...
View ArticleCRE Demand in Tech Markets Starts to Cool as Market Returns to 'Normal' Pace
There are increasing signs that commercial real estate fundamentals are returning to more moderate levels after an extended period of blistering growth in such tech-focused office and apartment markets...
View ArticleCoStar's People of Note (Apr. 1)
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: Boston, Denver,...
View ArticleCoreland Elevates Hammond to Shareholder, SVP
Coreland Companies has promoted Matthew Hammond to partner andsenior vice president. Hammond, who first began with the company as an intern in 1996, has led the retail brokerage department for the past...
View ArticleEl Paseo Apts Sell for $6.1M
Tydajer Enterprises LLC sold the El Paseo Apartments at 3340 Orange Ave. in Anaheim, CA to Mahdek 8 Property Partners LLC for $6.1 million, or about $210,000 per unit. The two-story, 22,782-square-foot...
View ArticleAnaheim Industrial Sold for $5M
Cohen Living Trust acquired the industrial building at 309-323 E. Ball Rd. in Anaheim, CA from Grubbs Survivor's Trust for $5 million, or about $207 per square foot. The 24,150-square-foot warehouse...
View ArticleSavills Studley Names Givens, O'Donnell to Board of Directors
Leading tenant representation firm Savills Studley has appointed Kelly Givens and Mark O'Donnell to its board of directors. "Kelly and Mark have each made extraordinary contributions to the firm over...
View ArticleCoStar's People of Note (Apr. 8)
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: Houston, Orange...
View ArticleMundi Westport Group Leased 111,000 SF at Fullerton Crossroads
Mundi Westport Group, a leading manufacturer and distributor of handbags, personal leather goods and belts, signed a 60-month lease for 111,018 square feet in the industrial building at 1928 Malvern...
View ArticleHuntington Beach Development Site Sold for $5.3M
HB City Center Development LLC acquired 0.47 acres of development land at 302-314 3rd St. in Huntington Beach, CA from a family trust for $5.25 million, or approximately $11.1 million per acre. The...
View ArticleZodiac Aerospace Leases 280,000 SF in Huntington Beach
Zodiac Aerospace, which supplies systems and equipment for aircraft, leased 280,460 square feet in the McDonnell Center Business Park flex building at 5701 Skylab Rd. in Huntington Beach, CA. Zodiac...
View ArticleDHL Signs Lease in Santa Ana
DHL signed a 61,731-square-foot lease for the entire industrial building at 3232 Fairview St. in Santa Ana, CA, through March 2021. The 61,731-square-foot warehouse was built in 1980. The space was...
View ArticleHarbor Closes Third Creative Office Acquisition in Orange County
Harbor Associates LLC acquired 3 Burroughs, a 37,000-square-foot former flex/office building in Irvine, CA, built in 1982. Harbor, which paid $7 million or about $186 per square foot to acquire the...
View ArticleCoStar's People of Note (Apr. 15)
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,...
View ArticleRexford Industrial Closes on $191M Acquisition in Southern California
CT Realty Investors has sold an industrial portfolio of nine properties located across several Southern California infill markets to Rexford Industrial for $191 million, or about $125 per square foot....
View ArticleMagellan Sells $105.5M Self Storage Portfolio
Sovran Self Storage, Inc. (NYSE: SSS) acquired a portfolio of self-storage properties located across Southern California from The Magellan Group, Inc. in two tranches totaling $105.5 million. The sales...
View ArticleRexford Industrial Closes on $191M Industrial Acquisition in Southern California
CT Realty Investors has sold a portfolio of nine bulk warehouse properties located across several Southern California infill markets to Rexford Industrial for $191 million, or about $125 per square...
View ArticleSRS Adds SoCal Investment Sales Team
SRS Real Estate Partners has added a new Southern California multi-tenant investment sales team with the addition of Chris Tramontano, John Redfield and Matt Hardke in the firm's Newport Beach, CA...
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CoStar's People of Note (Apr. 22)
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: South Florida,...
View ArticleWho’s Afraid of Multifamily?
Liquidity in the multifamily real estate sector appears to be holding up, continuing to help drive sales of apartment properties, with sales remaining on last year’s record pace. Multifamily deal...
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