NORTH HOLLYWOOD, CA-A family trust buys the five-parcel portfolio, which includes a 124,415-sf office building and another of 14,000 sf, from a San Francisco-based investment partnership.
LOS ANGELES, CA-The market has maintained stable vacancy rates despite the weaker economy, but rent growth slowed in the second quarter and demand was lackluster, according to a quarterly study by Hendricks & Partners.
LOS ANGELES, CA-The market has maintained stable vacancy rates despite the weaker economy, but rent growth slowed in the second quarter and demand was lackluster, according to a quarterly study by Hendricks & Partners.
ORANGE COUNTY, CA-Zooming home prices make apartments more competitive versus housing in the county, and move-ins outnumber move-outs, according to a new report.
LAGUNA HILLS, CA-The San Diego-based Lococo chain will open a new retail store at Honali Plaza, an 80,000-sf shopping center built in 1975. The lease brings the property to nearly 100% occupancy.
LAKE FOREST, CA-The Palo Alto, Calif.-based REIT, which specializes in multifamily properties, is adding 225 units to its already large portfolio of Southern California apartment buildings.
LAGUNA BEACH, CA-The builder of commercial and residential properties for the senior market says it is "taking increased measures to ensure that trading in its shares occur without naked short selling.
CANOGA PARK, CA-A private individual buys the 23,000-sf Vanowen Plaza from a trust and plans major renovations to the property, which was built in the 1970s.
FOOTHILL RANCH, CA-The Newport Beach investment firm buys the 208,620-sf, recently completed Foothill Plaza office center from an affiliate of Searles DevCorp., also of Newport Beach, with plans to finance its lease-up for a future sale.
WOODLAND HILLS, CA-Red Sea Group U.S. buys the 101,000-sf office building, which is the U.S. headquarters of Germany's hair-care product manufacturer Wella Corp. USA and its Sebastian International subsidiary.