West

  • Be Cognoscente of Your Property’s Reputation

    LOS ANGELES—Approximately 75% of Millennials make their decision to purchase based on reviews. Managing your Yelp reviews is critical, say panelists at RealShare Apartments .

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  • Guthrie Makes Headway with Small Business Owners

    LAKE FOREST, CA—The firm sells two units at Foothill Business Park and has three others in escrow within months of taking the renovated units to market, showing increased interest from this economic sector.

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  • Auction.com Chair Noted for Philanthropy

    IRVINE, CA—Big Brothers Big Sisters of Orange County presents Rob Friedman with the Joel K. Rubenstein Award for his and the firm’s profound contributions to the organization, including a donation and mentorship.

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  • Goodyear Gateway South Lands First User

    PHOENIX—Goodyear Gateway South, the 221-acre industrial zoned park being developed by EJM Development Co. just north of the Phoenix Goodyear Airport, has announced its first user. Michael Lewis Co. has purchased a 30-acre parcel for development.

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  • Franchise Input Crucial to Branding

    PHOENIX—At the 20th anniversary of The Lodging Conference held at the Arizona Biltmore Resort and Spa yesterday, registrants gathered to hear the nation’s experts speak on a multitude of topics related to the hotel industry.

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  • REIT Marks $135M MOB Portfolio Buy

    IRVINE, CA—Griffin-American Healthcare REIT III enters into an agreement to acquire a portfolio of medical office buildings in New York, New Jersey, Massachusetts and Kentucky from Kadima Medical Properties LLC.

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  • Silicon Valley Spreading East

    LIVERMORE, CA—The Tri-Valley is growing faster than the overall Bay Area, and there could be more in store.

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  • Ten GSA Leased Offices Come On Market

    NEW YORK CITY—Spread across eight states and spanning nearly one million square feet, the portfolio is occupied by federal departments and agencies.

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  • TIAA, Jonathan Rose Launch Affordable MF Fund

    NEW YORK CITY—Set to be managed by Rose, the fund will focus on affordable housing preservation in a number of cities.

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  • CBRE Hires Two for San Diego Region

    SAN DIEGO—Paul King Joins from GE Capital as Managing Director of Asset Services, while Greg Mikrut comes from BioMed Realty Trust where he served as the primary analyst for multiple markets.

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  • New EVP at the Picerne Group

    SAN JUAN CAPISTRANO, CA—Michael Massie will oversee the firm's development in Southern California.

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  • Employment Gets Nearly 2% Bump

    LOS ANGELES—According to Cushman & Wakefield’s 3Q14 office report, employment rates are up, helping the L.A. office market to gain momentum.

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  • LTC Extends Credit Line to $600M

    LOS ANGELES—The extension increases the public REIT’s aggregate commitment of the lenders to $400 million with the option to extend the credit amount up to $600 million, while extending the maturity to October 2018.

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  • Beyond the Fray of Institutional Investment

    LOS ANGELES—Panelists at RealShare Apartments look not at the CBD, but the first ring around it as an investment strategy in the multifamily arena.

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  • Being Adept to Navigate Difficult Situations

    SACRAMENTO—Real Estate Forum Women of Influence candidate Amy Lerseth says that the stronger your relationships are with your customers and peers, the more successful your CRE business will be.

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  • BKM Buys Three, Intends to Buy $300M

    IRVINE, CA—GlobeSt.com learns EXCLUSIVELY that the firm has acquired three multi-tenant industrial parks for $43 million and is in the market for much more by the end of next year.

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  • Builder Extends Hand to New Home Buyers

    IRVINE, CA—PCM is working with Cypress Village builder Irvine Pacific to host ‘Countdown to Closing,’ the first of several events intended to brings together buyers and HOA staff to provide relevant information about their new community.

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  • DEALTRACKER: Hartford Place Sells for $7M

    PHOENIX–In this edition of Deal-Tracker, Cassidy Turley announces the $7 million sale of Hartford Place located at 8388 E. Hartford Drive in Scottsdale. Locally based Hartford Exchange, LLC and Reems & Greenway LLC purchased the 66,800-square-foot property from Newport Beach-based Buchanan Street Partners.

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  • IBM to Pay Globalfoundries $1.5B for Chip Business

    ARMONK, NY—Locally-based IBM Corp. announced on Monday it will pay Santa Clara, CA-based Globalfoundries $1.5 billion for its global semiconductor technology business. The deal also involves Globalfoundries’ takeover of chip-fab manufacturing plants in East Fishkill, NY and Essex Junction, VT.

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  • A Diamond in the Rough

    PHOENIX—It’s a property you could drive by and not even notice that it’s there—common stucco, sloping tiled roof, fundamentally bland. But Jim Wentworth Jr. of Wentworth Property Company aims to take that diamond in the rough and turn it into an exciting new office space.

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