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COSTA MESA, CA-Five lawyers leave their posts at Pillsbury Winthrop LLP to form a boutique specializing in real estate and business law. They say the decision was sparked by the escalation in billing rates by large, multinational law firms.
SAN BERNARNDINO, CA-Today's celebration marks the first major construction at the site of the former Norton Air Force Base since 1994. The groundbreaking will include a "topping-out" ceremony for the eagerly anticipated Kohl's distribution center, which will be the first major industrial complex to rise on the 2,000-acre parcel.
BUENA PARK, CA-The owner of dining establishments such as Chili's Grill & Bar and Romano's Macaroni Grill inks a lease for retail space at 8303 On The Mall. The 10-month lease is valued at $892,500.
FOOTHILL RANCH, CA-Although the clothing retailer will close 27 locations over the current fiscal year, it also plans to open around 50 Wet Seal stores, 15 to 20 Arden B. stores and 10 to 15 Zutopia stores.
FOOTHILL RANCH, CA-Although the clothing retailer will close 27 locations over the current fiscal year, it also plans to open around 50 Wet Seal stores, 15 to 20 Arden B. stores and 10 to 15 Zutopia stores.
CAMARILLO, CA-The LLC unloads nine of the 12 buildings in the Camino Ranchero industrial project for $6.3 million. Located in Camarillo, the 90,473-sf development was completed in June 2001.
CORONA, CA-Marcus & Millichap Capital Corp. arranges the acquisition loan, which has an adjustable interest rate of 6.3% based on the 11th District Cost of Funds index, with a 2.95% margin. The amortization/term is 30/30.
GARDEN GROVE, CA-The deal results in a stabilized second year cap rate in excess of 9% for the buyer, Irvine-based Granite Investment Group. The 99-unit complex was 95% occupied at the time of sale.
ANAHEIM, CA-Private investors grab the multifamily property, which is located at 1224 W. Center St. The buyers, Dilip and Bharat Patel of Cerritos, have paid $830,000 for the multifamily property.
NEWPORT BEACH, CA-Two institutional investors acquire the stocks. The transactions result in net proceeds of approximately $34.6 million for the Newport Beach-based REIT.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Flume Internet
A Los Angeles luxury development increased NOI by integrating building-wide fiber internet. Learn how property owners and managers enhanced tenant satisfaction, reduced costs, and streamlined connectivity. Download this case study to see how smart infrastructure upgrades can boost revenue and improve operational efficiency.
Download ResourceFrom Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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