Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
ANAHEIM, CA-The commercial real estate development and investment firm pays $3.6 million for the two-story building. Encompassing 38,986 sf, the facility is currently 93% leased.
ANAHEIM, CA-Anaheim 34 LLC pays $3.2 million for the property, known as the Dale Manor Apartments. The new owner plans to spend $150,000 to rehab the complex.
BREA, CA-Saturn Partnership LLC acquires the 31,863-sf facility, which stands at 2951 Saturn St. The five-unit building was 100% occupied at the time of sale.
LAS VEGAS, NV-Members of the Culinary Workers Union Local 226 and Bartenders' and Beverage Dispensers' Union Local 165 have ratified the proposed contract agreements that were struck with four major casino owners here, Park Place Entertainment, Harrah's Entertainment, MGM Mirage and Mandalay Resort Group.
DIAMOND BAR, CA-Lawyer David Chain acquires the Diamond Bar Plaza for $3,063,000, just shy of the sellers' $3.1-million asking price. He plans to occupy a portion of the office facility, which was 89% occupied at the time of sale.
ORANGE COUNTY, CA-According to a recent report released by real estate research firm PPR, the Southland's construction pipeline has remained fairly steady over the past two years, while Northern California has experienced drastic shifts in new construction.
SANTA ANA, CA-The Cost Mesa-based company purchases two buildings at 2921 and 2923 Tech Center here. It plans to expand its auto repair shop to the new Santa Ana location.
IRVINE, CA-The Irvine-based developer has received a $9.5-million commitment to refinance its Las Vegas property, Lake Tropicana Timeshare Resort and Towers. The company will refinance its $6.5-million mortgage and $3-million Phase I funding at 9%.
ALISO VIEJO, CA-The restaurant chain completes a lease transaction to occupy 16,445 sf at 27081 Aliso Creek Rd. It has already moved its corporate headquarters to the new site.