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LOS ANGELES-Locally based Manning & Marder, Kass, Ellrod, Ramirez LLP sign on for some very plush space in a Downtown office building. The law firm inked a 10-year, $13.5-million lease for 47,272 sf on three contiguous floors.
LOS ANGELES-The units are part of a single apartment complex in Palm Desert that was 95% occupied at the time of sale. The transaction is the latest in a string of multifamily deals involving locally based investors.
LOS ANGELES-A 75-room Best Western motel changed hands recently at a price equal to $63,800 per unit. The offer was made, negotiated, countered and closed in a little more than 60 days, says Irwin Woldman, a Grubb & Ellis broker who worked on the deal.
ORANGE COUNTY, CA-Colliers Seeley International's Anaheim office has completed the sale of a Rowland Heights' shopping center. The property was 100% leased at the time of sale.
LOS ANGELES-The locally based marketer of weight-management, nutritional and personal care products has inked an 82,471-sf renewal lease for a mixed-use facility in Carson. The five-year deal is valued at approximately $3 million.
LOS ANGELES-A locally based LLC sold the 129-unit complex to an LA-based partnership. The property, built in 1965, was 95% occupied at the time of sale.
LOS ANGELES-The eyewear company has signed a lease for 58,181 sf of office space at San Dimas' Via Verde Corporate Plaza. Bausch & Lomb will consolidate its Irvine and Claremont operations.
COSTA MESA, CA-Vista Hills Apartments, built in 1978, was 97% occupied at the time of sale. A dearth of buildable lots and the increase in population is keeping apartment vacancy levels low, rents high and the market active.
NEWPORT BEACH-The locally based REIT will pay the sum on June 20 to shareholders of record by June 18. In March, Pacific said it would be acquired for $143 million by Prudential Real Estate Investors.
LOS ANGELES-Frenkel of California Inc. is the second tenant to sign on at Ernst & Young Plaza in the last month. In May, Lockton Insurance Brokers inked a 10-year renewal lease for 47,984 sf at the TrizecHahn building.
From Placer.ai
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Download ResourceFrom Building Engines
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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 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