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LOS ANGELES-West Millennium Homes Inc. of West Los Angeles will be the developer but not the general contractor for the condominium project at the Brockman Building in Downtown Los Angeles.
SANTA ANA, CA-The industrial sale is an $8.6 million deal involving a locally based private investor. In the office sale, the buyer gets a 31,880-sf Anaheim property.
RIVERSIDE, CA-A buyer from Corona acquires a 24-unit complex for $113,500 per unit, a top price for the market. Meanwhile, a mobile home park in Hemet goes for $2.4 million.
LOS ANGELES-The Chicago REIT buys a $48-million property in Valencia as Palo Alto-based Essex Property Trust acquires 101 units and 340 boat slips at the Marina City Club for $27.7 million.
LOS ANGELES-Amcal, a Los Angeles-based developer, plans 388 units at a Downtown L.A. transit stop. Meanwhile, work begins on the 191-unit NoHo Tower at an MTA station in North Hollywood.
IRVINE, CA-The developer will build two 15-story condominium towers comprising 202 units in a partnership with Geoffrey H. Edmunds & Associates Inc. of Scottsdale, AZ.
TORRANCE, CA-The transactions include $22 million of financing for a 250,000-sf office park, the sales of two medical office buildings and the sale of a 90-unit apartment complex.
NEWPORT BEACH, CA-The buyer of the apartment portfolio is Real Estate Partners Inc., which acquires eight properties comprising 2,400 units from Equity Residential, and is shopping for more.