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Former CBRE Chief Ray Wirta Rejoins Koll as CEO By Bob Howard NEWPORT BEACH, CA-The former CEO of CB Richard Ellis, who stepped down in June of 2005 but remained on the company's board, returns to the Koll Co. as CEO. ... Full Story

Stream Realty Wins 484,000-SF Leasing Assignment By Bob Howard ALISO VIEJO, CA-The Orange County office of the Dallas-based company takes over leasing of 483,615 square feet of Summit Office Campus buildings owned by Rreef.
... Full Story

Sares-Regis Starts 255,000-SF Development By Bob Howard IRVINE, CA-The 254,500 square feet of office, self-storage and retail space is the 14-acre first phase of a project planned for 956,000 square feet on 96 acres.
... Full Story

Cabinet Parts Distributor Leases 115,000-SF HQ By Bob Howard BREA, CA-Louis and Co. which has occupied the 115,494-square-foot building for more than 20 years, signs a five-year lease renewal at 895 Columbia.
... Full Story

New Pacific Buys Site, Will Complete Condos By Bob Howard IRVINE, CA-Beverly Hills-based New Pacific Realty Corp. buys the former 156-unit KB Home condo site from a lender in an off-market deal and plans to complete the project.
... Full Story

Land Sales Rise, Venture Seeks Sites By Bob Howard ALISO VIEJO, CA-A firm founded by two former Lennar execs is set to buy distressed land in anticipation of the eventual recovery, and a local land brokerage says that sales are already on the upswing. ... Full Story

Master Development Sets Auction for Condos By Bob Howard NEWPORT BEACH, CA-The developer will conduct an online auction of six industrial units at its 48-unit Las Palmas Business Park in Santa Ana in November.
... Full Story

Sales Uptick at 3000 Plaza Condo Project By Bob Howard IRVINE, CA-Sales have speeded up at the 105-unit 3000 The Plaza condominium tower in recent weeks, according to the property's new owner.
... Full Story

Grubb & Ellis Raising $90M Via Preferred Stock By Bob Howard SANTA ANA, CA-The sale of the 900,000 shares of preferred stock will enable the company to pay off its credit line and will provide additional capital for other corporate purposes.
... Full Story

Nursing Firm Expands in 30,000-SF Office Lease By Bob Howard MISSION VIEJO, CA-The Ensign Group adds 9,000 square feet in its 29,829-square-foot lease renewal, one of three recent office deals totaling 62,000 square feet in the county.
... Full Story

Borrowers Close SoCal Loans of Nearly $7M By Bob Howard NEWPORT BEACH, CA-The industrial, retail and multifamily loans include refinancings for an industrial park, a retail center and an apartment building.
... Full Story

Office, Industrial Sales, Leases Total $25M By Bob Howard SANTA ANA, CA-The largest of the 12 transactions is a $3.7 million, 36,890-square-foot office lease here by paint manufacturer Behr Process Corp.
... Full Story

CT Realty Adds Execs, Targets $400M for Distress By Bob Howard NEWPORT BEACH, CA-James Watson and Carter Ewing join the firm as senior strategists as it plans to raise up to $400 million of institutional capital over the next year.
... Full Story

FDIC Sells 332,000-SF Complex for $53M By Bob Howard NEWPORT BEACH, CA-S.K. Hart Properties acquires the Bayview Corporate Center office complex, the former headquarters of Downey Savings & Loan.
... Full Story

All-Cash Buyers Close on Single-Tenant Deals By Bob Howard IRVINE, CA-The three sales include two single-tenant properties in Southern California and a ground lease in Visalia.
... Full Story

Building Sells for $31M, Sold for $83M in '07 By Bob Howard SANTA ANA, CA-Highridge Partners of Los Angeles pays $31 million for the 246,819-square-foot 3 MacArthur office tower, which sold for $83 million in 2007.
... Full Story

CT Venture Finances $16M, Adds Partner By Bob Howard NEWPORT BEACH, CA-CT/KDF Community Development Partners closes a $15.5 million retail financing and names former Fremont Investment & Loan exec. Sarah Woodward as a partner.
... Full Story

Industrial Sales, Leases Tally Nearly 194,000 SF By Bob Howard BUENA PARK, CA-The largest of the deals is the sale of 101,000 square feet here; in Garden Grove, two companies expand in new leases.
... Full Story

Western National Nears Finish on 195 Units By Bob Howard IRVINE, CA-Western National Properties nears completion on construction of its 195-unit Enclave at Warner Center apartment complex.
... Full Story

State's Hotel Foreclosures, Defaults Jump in Q3 By Bob Howard IRVINE, CA-The number of California hotels that are in default or have been foreclosed on jumped dramatically in the third quarter of 2009.
... Full Story

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