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.
EL SEGUNDO, CA-Klorman Construction Corp. will to build a 203-car, three-story parking structure on the Marshall 2100 Grand office building currently under renovation.
LOS ANGELES-One of the largest redevelopment sites in West Los Angeles comes onto the market, creating one of the best development opportunists in over a decade.
SANTA BARBARA, CA-Three high-profile commercial properties in Santa Barbara, including the French Press Building and the Anacapa Project, sell for $20 million in three separate transactions.
GLENDALE, CA-Public Storage secures a $700 million short-term, one-year loan through Wells Fargo Bank to fund acquisition and development opportunities.
LOS ANGELES-Kearny Real Estate Co. purchases a large industrial site in the Moreno Valley with plans to build a 1.1 million-square-foot warehouse and distribution cross-dock building.
LOS ANGELES-New research from CBRE predicts the national industrial availability rate next year will fall to 11.2% as industrial demand remains healthy.
LOS ANGELES-MJW Investments sells the nine-story Art Deco building, formerly used as Sears department store's mail-order distribution center, for $29 million to a private investor.