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CORONA, CA-Aqua Mix, a maker of care and maintenance products for tile, stone, grout and masonry, pays $4.4 million for a 70,669-sf industrial building in a move from Santa Fe Springs.
LOS ANGELES-The Los Angeles developer and investor and Prudential Real Estate Advisors acquire the 16-story, 213,518-sf Downtown office tower from a joint venture of Praedium Group and ScanlanKemperBard Cos. for $30 million.
FONTANA, CA-The San Francisco-based REIT snags a major national retailer in a prelease of a building due to be completed in June. The tenant's name and the value of the lease are undisclosed, but sources believe it's Wal-Mart in a deal north of $20 million.
ANAHEIM, CA-The buyer of La Palma Woods is a private investment group from Tustin. The seller is a private family trust in a deal brokered by Grubb & Ellis.
TORRANCE, CA-A private investor purchased a 19,544-sf office building here for $4.3 million, and in San Dimas the Christian Community Credit Union buys a 17,372-sf office property for $3.2 million.
LOS ANGELES-The firm hires John A. Casasante for a newly created position in the firm's Asset Services Group, where he will head Cushman & Wakefield's Southern California industrial property operations. He
CENTURY CITY, CA-The annual review and outlook, presented by the Beverly Hills-based Real Estate Conference Group, finds real estate in a condition that a number of speakers describe as "interesting.
VICTORVILLE, CA-Called the most comprehensive study ever of the commercial space in the High Desert, the report, commissioned by the Bradco Cos. of Victorville and researched by Orange-based OURtelligence, finds 29 million sf of industrial, retail and office space.
LOS ANGELES-Average increases range from 10% to 15% across the various retail property types in the county. The median price for single tenant properties goes to $210 per sf.