LOS ANGELES-Commercial property owners nationwide can expect a hike in insurance premiums this year as the 9/11 attack continue to take a stronghold on the economy. Premiums are projected to escalate from 40 to 70 percent.
BURBANK, CA-In Nov. of 2001 construction activity totals reached $3.86 billion, and for the year the estimate is $61.51 billion, down 2.97% from 2000. The forecast for 2002 is $57.45 billion.
LOS ANGELES-All signs point to 2002 being worse for retailers than 2001, when nearly 6,000 stores went out of business, according to the International Council of Shopping Centers.
LOS ANGELES-All signs point to 2002 being worse for retailers than 2001, when nearly 6,000 stores went out of business, according to the International Council of Shopping Centers.
LOS ANGELES, CA-The City Council approved a purchase of five acres at the Corporate Campus. The $5-million sale was a savings of approximately $4 million over a prior independent appraisal of the land.
EL SEGUNDO, CA-The portfolio is owned by Greenacres Trust and consists of three apartment buildings containing 113 units. The portfolio has been financed with Citibank.
BURBANK, CA-In Nov. of 2001 construction activity totals reached $3.86 billion, and for the year the estimate is $61.51 billion, down 2.97% from 2000. The forecast for 2002 is $57.45 billion.