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NEWPORT BEACH, CA-The FFO climbs by nearly $4 million in the first quarter as net income dips by nearly $3 million at Health Care Property Investors. Four facilities were sold in the first quarter for a net gain of $2.6 million.
WEST LOS ANGELES-A local investor acquires the 24-unit complex from a Beverly Hills-based seller who acquired the property in 1999. All but one of the units in the one-building holding were filled at sale time.
NEWPORT BEACH, CA-The real estate management and services firm wins three management and leasing jobs at three large buildings in Glendale, Santa Monica and Torrance. One property came with a listing contract.
EL SEGUNDO, CA-Kilroy Realty starts marketing a 131,000-sf high-tech facility equipped with $70 million of equipment with "mission critical" or Tier 4 capability. The REIT took the building back from a tenant's bankruptcy.
LOS ANGELES-Jones Lang LaSalle Hotels is listing the four properties, three in Los Angeles, including a Santa Monica property across from the city pier, and one in Seattle. A SoCal investment fund is selling the 1,027-room package.
NEWPORT BEACH, CA-The Virginia-based REIT adds Sean Breslin as a vice president of investments for the West Coast and Matthew Winsryg as development director to its Southern California staff.
IRVINE, CA-The Laguna Niguel firm sells the 29,058-sf and 24,701-sf research and development buildings to Dolan Construction Co. and KC Communications, respectively. The plans now are renovate and occupy.
ANAHEIM, CA-In a new report, Voit Commercial Brokerage says absorption posted positive and the availability rate dropped for the third consecutive quarter. The big decline, though, is new construction, which is down 73% from a year ago.
LOS ANGELES-The Hospital Association of Southern California renews and expands its headquarters in Downtown LA to take the total commitment to 20,000 sf. The 10-year lease is tagged with a $5-million value.
SYLMAR, CA-The garment firm kisses goodbye to Pacoima in an eight-year signing for the balance of the term of Brooks-PRI Automation's lease at Cascades Business Park in Sylmar. The contract is valued at $3.3 million.
From Placer.ai
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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 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