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Distress continues to rise high across the US, yet the overall economy is recovering. We’ll take you on a national tour, region by region to spot the most opportunities.
CANOGA PARK, CA-The developer buys four acres in Warner Center and plans to begin construction this month on a 298-unit apartment complex at 6701 & 6703 Eton Ave.
FONTANA, CA-Investment group 10721 Jasmine LLC buys the class A industrial warehouse at 10721 Jasmine St. in this week’s roundup of commercial real estate news in the West.
NEWPORT BEACH, CA-Locally based Real Estate Receiverships declares its job done on a project in McCall, ID and is named receiver for a 20,000-square-foot retail center in Big Bear, CA.
WOODLAND HILLS, CA-The company expects to have the project, called Infinity, ready for occupancy in October 2013 on the site of a scrapped condominium development.
NEWPORT BEACH, CA-With the job market showing signs of life, general economic improvement and a recovering office market, the upcoming RealShare conference will explore what's next for Orange County.
IRVINE, CA-Hines and a subsidiary of a fund managed by Oaktree Capital Management acquired the 100%-leased office property from Legacy Partners. The price is undisclosed, but sources say it's $32.4 million.
CARSON, CA-Logistics provider Calko leases 135,727 square feet from Watson Land Co. here in one of the three deals signed by three industrial tenants in three different locations.
IRVINE, CA-The sale of the 246,763-square-foot 3 MacArthur office tower reflects the changing nature of the office investment market both here and throughout the US.