Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
City: Los Angeles
Maguire Retains CSFB to Sell Stake in $2Bln Portfolio
May 25, 2001 LOS ANGELES – Maguire Partners has hired Credit Suisse First Boston to sell a majority stake in its portfolio, worth about $2 billion, in order to finance development at Playa Vista and other projects, The Los Angeles ...
L.A.-Area Industrial Complex to Hit Sales Block
Trammell Crow has been hired by a group advised by AEW Capital Management to prepare to market a recently built industrial complex in the City of Industry, Calif. The property, Towers Industrial Park, is likely to fetch about $36 million.
Softening Office Demand Prompts Change in L.A.-Area Development Plan
May 17, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterPacTen Partners has switched course with development plans for a site it owns in Valencia, Calif.The firm now plans to develop a 540,000-square-foot industrial technology park on the site, ...
Cigna Unit Pays $15.4Mln for Calif. Industrial Park
May 9, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterCigna Investments Inc.'s Times Square Real Estate Investors fund has acquired a fully leased industrial park in Fullerton, Calif., from institutional clients of RREEF Funds.The deal's principals and broker ...
L.A. Area Building Sold for $12.45Mln
May 4, 2001By Brad Berton, Commercial Real Estate Direct Contributing WriterInstitutional investment manager Douglas Emmett Realty Advisors has acquired the 60,000-square-foot, four-story Sanwa Bank building on Ventura Boulevard in the Los Angeles suburb of Sherman Oaks for $12.45 million, or ...
Law Firm Expands Lease at L.A. Tower
May 3, 2001 Special to Commercial Real Estate DirectSan Francisco law firm McCutchen Doyle Brown & Enersen LLP has renewed and expanded its lease at the KPMG Tower atop Bunker Hill within downtown Los Angeles' Well Fargo Center complex.The 10-year ...
CalPERS to Invest $15Mln in RealEnergy
May 2, 2001 SACRAMENTO, Calif. - The California Public Employees' Retirement System will invest $15 million in RealEnergy Inc.RealEnergy, based in Los Angeles, brings on-site energy generation technologies to commercial properties in urban and suburban markets.The company hopes to install ...
707 Wilshire
aka First Interstate Tower; Deal is for a half stake in the 27-year-old, 62-story skyscraper, which contains a total of 1.3 mln sf
Vine Street building
Terms were not available, but Accord Interests last year paid $11.5Mln for the building.
Continental Development Buys L.A.-Area Shopping Centers
April 30, 2001 Special to Commercial Real Estate DirectAffiliates of Continental Development Group have purchased two fully leased Los Angeles-area community shopping centers for $15.8 million, or $126.56/sf, according to Grubb & Ellis, which brokered the deal.The two properties, totaling ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
