COSTA MESA, CA-Although the three-building Legacy Redhill Center is 100% leased, JLL tells GlobeSt.com that it is marketing 82,338 square feet that will vacate at the end of the year.

DENVER-The move will allow the Southern California-based firm to ‘pursue growth strategies in its core business area, arranging commercial real estate financing for a wide variety of property types.’

The question of value-add through leasing REO vs. selling is a frequent question, but "at its core, it is a &#145;cost/benefit&#146; question," Situs' Maute tells <i>DAI</i>.

SACRAMENTO-Decron Properties makes its first acquisition here with a 264-unit multifamily community closed in under 40 days. A source put the sale at just around $34.2 million.

REDMOND, WA-The San Francisco-based buyer pays a total of $38.5 million for Clarion Partners&#146; 106,281-square-foot office here.

IRVINE, CA-GlobeSt.com exclusively learns that net leased properties like these assets are in high demand as they provide an investor the ability to achieve a stable and passive return on investment with minimal or no management responsibilities.

OAKLAND, CA-The new redevelopment of Foothill Square project here, which will now include a 72,000-square-foot FoodsCo Market-Drug, is expected to provide significant new revenue to the City.

MARINA DEL REY, CA-The 12-building complex here, owned by Jerry Epstein of Del Rey Shores LLC, is expected to open by spring 2013.