LOS ANGELES-The law firm of McCutchen, Doyle signs a $25-million lease that expands its presence at KPMG Tower by 50%. A busy week has brokers hoping that the CBD is on its way back.
ORANGE COUNTY, CA-A new Marcus & Millichap report says 2.9 million sf of retail space will be delivered here this year, roughly matching demand. More properties could be put up for sale as owners try to cash-in their equity gains.
ANAHEIM, CA-Softect Solutions Inc. has inked a five-year deal for an 18,177-sf office at Anaheim City Centre. Other building tenants include Wells Fargo Bank, First World Communications and the International Rehabilitation Association.
ORANGE COUNTY, CA-A new Marcus & Millichap report says 2.9 million sf of retail space will be delivered here this year, roughly matching demand. More properties could be put up for sale as owners try to cash-in their equity gains.
LAGUNA HILLS, CA-A string of mergers has dotted the commercial real estate landscape in recent months as companies seek new marketing synergies while avoiding the need to start new offices from scratch.
ANAHEIM HILLS, CA-A Christian congregation known as Calvary Chapel buys 52,960-sf complex inside Canyon Corporate Center here and plans to convert the space into a church.
ORANGE COUNTY-Area brokers say the industrial real estate market here is still performing strongly despite a slowdown in the county's manufacturing sector that has affected production, employment and new orders.
LOS ANGELES-Archstone Communities LP pays $4.2 million for a restaurant at 8360 West Manchester Ave. that it plans to raze and replace with apartments. The seller is a private partnership known as 27th/Pico Boulevard II LP.
SUN VALLEY, CA-Triscenic Production Services pays privately held LJK Properties $2.2 million for a 35,100-sf industrial project in this LA suburb. The building contains 5,200-sf of office space.