LOS ANGELES-The company, Funai Corp., will occupy 75,248 sf of industrial and office space inside ProLogis Park Torrance. Firm will relocate from Cerritos.
LOS ANGELES-Locally based HK Realty acquires 102 units in San Bernardino. Some brokers say rents in the area could rise 8% over the next 12 months, as the region's population continues to grow.
ORANGE COUNTY, CA-A partnership of J.H. Snyder Co. and The Ezralow Co. says ambitious makeover of Huntington Beach Shopping Center will begin in mid-2002. Plans call for the outdated complex to become an open-air lifestyle and entertainment center.
SANTA MONICA, CA-The construction loan from Holliday Fenoglio Fowler will be used to renovate the 52,800-sf office building, which commands dramatic views of the ocean. Completion is scheduled for next summer.
IRVINE, CA-The distributor and seller of networking products is moving from its current facility in the Irvine Spectrum to a new site, also within the Irvine Spectrum. The new building encompasses 33,400 sf and stands at 38 Tesla.