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BURBANK, CA-The owners of a firm that provides lighting for the movie industry buy the industrial property for an expansion. The building will serve as a warehouse and distribution facility.
UPLAND, CA-The company's $100 million project in Mira Loma, CA, is nearing completion, and it plans $500 million in additional projects over the next three years.
TUSTIN, CA-Hanover Financial Co. of Los Angeles and Laguna Niguel-based BR Birtcher Franklin LP acquire the 11-building, 157,000-sf Tustin Business Center from a private investment group.
WOODLAND HILLS, CA-The Corus Bank subsidiary of Chicago-based Corus Bankshares Inc. lends the money to Westbrook Real Estate Partners to finance the acquisition of Marriott Warner Center.
TUSTIN, CA-Hanover Financial Co. of Los Angeles and Laguna Niguel-based BR Birtcher Franklin LP acquire the 11-building, 157,000-sf Tustin Business Center from a private investment group.
BEVERLY HILLS, CA-The annual real estate review and forecast will feature keynote speakers from five top real estate brokerage firms as well as leaders from the world of real estate finance, development, and investment management.
SANTA ANA, CA-MVH Daimler Properties buys the tilt-up building from a family trust. The property is in an industrial area of Santa Ana and is 100% leased to the Auto Trader, a publication that advertises autos for sale.
ANAHEIM, CA-A family trust from Newport Beach sells the fully occupied, multi-tenant office property to a private investor. The two-story wood frame and stucco building is located at the corner of Tustin and La Palma avenues in Anaheim.
MANHATTAN BEACH, CA-The REIT agrees to terms in a shareholder lawsuit challenging its proposed merger with San Diego-based shopping center REIT Pan Pacific Retail Properties. Center Trust shareholders will vote on the merger Jan. 15.
CHATSWORTH, CA-Plastics manufacturer Vast Resources Inc. acquires the 154,000-sf industrial property as a new corporate headquarters and manufacturing plant that will consolidate operations from five locations. Vast Resources plans to occupy the facility in March.