Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.
BURBANK, CA—Legacy Partners Realty Fund I attracts nearly 10 institutional buyers with the sale of its 10-story, 150,000-square-foot building, eventually selling the asset to Granite Properties.
LOS ANGELES—Lee & Associates national industrial market report shows that Central Los Angeles is one of the nation's top industrial markets, and covers the market's strengths and challenges, GlobeSt.com reports in this <b>UPDATE</b> to a previous story.
LOS ANGELES—Canyon Capital Realty Advisors' Canyon Catalyst Fund and Sack Properties acquire two multifamily properties totaling 221 units in West Covina, CA, and Upland, CA.
LOS ANGELES—Ashkenazy Acquisition Corp. secures the 10-year, fixed-rate CMBS loan for the purchase of the 335,000-square-foot shopping center, which was reportedly sold for $260 million.
TEJON RANCH, CA—The Rockefeller Group and Tejon Ranch Co.'s 320,000-square-foot retail center Outlets at Tejon holds its official grand opening tomorrow.
CITY OF INDUSTRY, CA—Overton Moore Properties sells two industrial developments at the Don Julian Business Center to two separate buyers for a combined $12 million.
PACOIMA, CA—Entertainment equipment supplier Mole Richardson Co. purchases a 108,000-square-foot industrial facility because of the concentration of entertainment companies in the market.
ENCINO, CA—Seven medical office users lease more than 20,000 square feet of space in the Encino market, illustrating a growing demand for medical office space, according to NAI Capital's Jeremy Barbakow, GlobeSt.com reports <b>EXCLUSIVELY</b>.