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LANCASTER, CA-Lexington Corporate Properties Trust obtains the mortgage for its recently completed 331,000-sf expansion to a 431,250-sf warehouse and distribution center in this northern L.A. County community.
LAKE FOREST, CA-Saddleback Materials Co. signs the $1.4-million deal for a building that includes a one-acre yard for storage of the company's masonry and landscape products. A consolidation plan is the motivation for the 10-year lease.
ANAHEIM, CA-The commercial and residential property lender stays in Anaheim, but kicks in an expansion by signing two five-year leases, totaling $8 million, for office space in two buildings in Pacificenter Catellus Business Park.
SUN VALLEY, CA-Maasdam Pow'r Pull Inc., a manufacturer of industrial equipment, signs a 10-year, $1.77-million lease for 20,328 sf in a building owned by RREEF. The firm will be relocating from Burbank.
PICO RIVERA, CA-Richline Textile Co. acquires the manufacturing and warehouse building for $5.5 million in a rare expansion locally for the L.A. garment industry. The transaction is one of the city's largest for the year.
PASADENA, CA-The 20,396-sf office building will serve as the new headquarters for AMS, a medical and pharmaceutical staffing and placement company. It was originally the regional headquarters for National Automobile and Casualty Co.
ONTARIO, CA-Alexander & Baldwin Inc. completes the third deal in recent days on the U.S. Mainland for a Honolulu-based real estate investment trust. It sells an Ontario asset and buys one in Las Vegas.
BURBANK, CA-A private investor buys the building for the warehousing and distribution of textiles, in a move from nearby Glendale to space near the Burbank Media District.
ORANGE, CA-An annual economic forecast for Orange County by Chapman University foresees job growth and other factors that could improve the commercial real estate outlook.
MORENO VALLEY, CA-Cadence Capital lands a $6.78 million loan for a former Kmart-anchored shopping center. The company plans to renovate the 160,783-sf property and bring in Fiesta Foods and the 99 Cent Only Store as anchor tenants.