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FULLERTON, CA-Granite Investment Group LLC acquires the 136-unit property, known as the Lake Apartments. The company plans to invest $1.4 million in capital improvements to the property, which was 97% occupied at the time of sale.
RANCHO CUCAMONGA, CA-The facility, which encompasses 15,213 sf, is located at 10440 Trademark St. The buyer, PCM3 Inc., has already occupied the building, which it purchased for $1.1 million.
IRVINE, CA-Jackson, DeMarco & Peckenpaugh ink a 10-year lease valued at $7 million for office space at 2030 Main St. The firm will relocate from its current digs at 4 Park Plaza in Irvine's Jamboree Center.
LAS VEGAS, NV-Following the lead of Park Place Entertainment and Harrah's Entertainment, Mandalay Resort Group and MGM Mirage strike tentative contract agreements with the Culinary Workers Union Local 226 and Bartenders' and Beverage Dispensers' Union Local 165.
NEWPORT BEACH, CA-The locally-based REIT says total assets are expected to reach $4 billion by the end of second quarter 2002 and exceed $5 billion by the end of the year's fourth quarter. The company plans to acquire around $1 billion of mortgage loans during the second quarter, which will be held in its long-term mortgage investment portfolio.
SAN CLEMENTE, CA-Trabuco Marketplace LLC has acquired the 51,023-sf parcel. It is leased to Sav-on, which will break ground on a new store here by the end of the year.
LAS VEGAS, NV-TIC Development of San Francisco scoops up the Conejo Villas Apartments. Completed in 1999, the class B+ property features a 24-hour fitness center, a pool and a spa on 8.5 acres.
LAS VEGAS, NV-The Culinary Workers Union Local 226 and Bartenders' and Beverage Dispensers' Union Local 165 reach tentative contract agreements with Park Place Entertainment and Harrah's Entertainment. If the agreements are ratified, a proposed June 1 strike could be avoided.
ORANGE, CA-An LLC snaps up the 8,421 sf building, which is located at 5316 E. Chapman Ave. Orange County office deals continue to be few and far between, as the glut of office space that continues to flood the region is expected to cause deterioration in market conditions in the months ahead.
ANAHEIM, CA-The majority interest of the locally-based real estate firm will be acquired by World Associates Inc., a Las Vegas-based public company that is still in its development stages.
From Placer.ai
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Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
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 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 Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
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