LOS ANGELES-The Southern California office of Cushman & Wakefield has been engaged by Portland, OR-based real estate merchant banking firm ScanlanKemperBard Companies to manage four local properties totaling nearly 500,000 sf.
LOS ANGELES-The local office of Interior Architects, one of the largest interior design firms in the world, signs a 10-year lease at the same site but on a different floor. The transaction is valued in excess of $3 million.
LOS ANGELES-The local office of Interior Architects, one of the largest interior design firms in the world, signs a 10-year lease at the same site but on a different floor. The transaction is valued in excess of $3 million.
LOS ANGELES-Qantas Airways, the airline company servicing the South Pacific, relocates its headquarters for the Americas/Pacific region. The company signs a seven-year lease deal in Howard Hughes Center
LOS ANGELES-Qantas Airways, the airline company servicing the South Pacific, relocates its headquarters for the Americas/Pacific region. The company signs a seven-year lease deal in Howard Hughes Center
LOS ANGELES, CA-Sherman Ferguson Jr., a private investor, has purchased the Don Tomaso Apartments, a 38-unit apartment complex in the Baldwin Hills section of Los Angeles, for $2.6 million or $70,605 per unit.
LOS ANGELES-A rally organized by Acorn, the community organization for low- and moderate-income housing, was held at seven major cities throughout California yesterday. The protestors gathered on the steps of their local county courthouses, where landlord-tenant cases are heard, to decry the lack of protection for renters in the state.
NEWPORT BEACH, CA-Health Care Property Investors, the nation's largest health care REIT, adds 800 units in five developments in Florida, Ohio and Texas. The retirement communities purchased have a current average occupancy of 95%. The assisted living facilities, less than two years old, have an average occupancy of 60%.
IRWINDALE, CA-The property has been sold by the Nevada National Exchange. The buyer is Balbir Bhatti. The strip center is anchored by Jack in the Box, Subway, Mariscos Restaurant and the Ayulta Market.
TEMPLE CITY, CA-GRAE Longden sells Tasee Investments a 14,346-sf property occupied by Walgreen's Drug Store. The price per sf for the property is $421, which is considered within market value.