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ANAHEIM, CA-Newport Federal of Newport Beach buys the 85%-leased, 157,593-sf Anaheim Corporate Center along La Palma Avenue to satisfy a 1031 Exchange requirement. The LA-based seller, Kilroy Realty, bought the asset in 1997.
LAKE FOREST, CA-A Beverly Hills buyer acquires the 19,402-sf Foothill Center from an Irvine seller. The center closes at more than $219 per sf, a price that is becoming fairly common for well-leased retail properties.
SANTA ANA, CA-The private investors acquire the 32,153-sf Santa Ana Square and see upside in higher rents, additional development. The 85%-leased center sold at a 5.8% cap rate to buyers who are looking beyond the immediate return.
LOS ANGELES-The Los Angeles City Council makes it official by ratifying its agreement with the Community Redevelopment Agency and developers of the mixed-use project. Work has begun on the first phase, 180 units of affordable seniors housing.
ORANGE, CA-Allied Modular Building Systems Inc., a manufacturer of modular offices and cleanrooms, acquires a new 36,036-sf headquarters. The plan is to move in September from 20,000 sf of leased space in Anaheim to Orange's Nicholas Avenue.
TORRANCE, CA-The big South Bay developer adds one of the top local business parks to its portfolio of Southern California properties. The 376,685-sf, nine office buildings, some medical, were 80% occupied at sale time.
LOS ANGELES-Bradley Hillgren steps into the newly created position at Lowe Enterprises to expand his territory from California, Arizona and Washington state to responsibility for projects nationwide.
TEMECULA, CA-An Orange County buyer acquires Temecula Corporate Centre, an 88,083-sf, mixed-use center that is 94% occupied. The one-year-old center is a class A mix of office, flex and industrial structures.
RIVERSIDE, CA-One of the country's largest natural food chains chooses the city for its new Southern California and Arizona refrigerated distribution facilities. The long-term lease takes up about 241,000 sf in a 437,000-sf building at Sycamore Canyon.
LA MIRADA, CA-The 18,405-sf center along Valley View Avenue holds potential for rent increases, says the Sperry Van Ness agent who brokered the sale for an investor who's owned it for 33 years.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource