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ANAHEIM, CA-At the National Association of Realtors’ conference, Lawrence Yun focuses on the positives in the economy, such as expanding corporate cash reserves and international buyers taking advantage of currency.
LOS ANGELES-Mike Foley, David Hess, and David Young, all previously with CBRE, join the firm’s industrial services platform to ‘enhance the company’s industrial platform in the Western US region.’
SAN DIEGO-Divco West Properties recently purchased Genesee Executive Plaza—which went through foreclosure in May of this year—for $46.8 million.
DAVIS, CA-The public-private partnership is led by Carmel Partners of San Francisco and is creating a model for future sustainable development, according to those involved.
BEVERLY HILLS, CA-Kennedy Wilson completes the acquisition of 145 Fairfax, a 56,000-square-foot office building that is part of its $143.5-million office portfolio buy.
ENCINO, CA-On a recent apartment webcast, 57% of participants say that renter demand will get stronger in 2012, while 2% predict it will be weaker, with 40% saying it will stay the same.
LOS ANGELES-Commercial real estate brokerage is constantly changing nowadays, due to globalization, the recession, technology and other factors, says JLL's O'Brien.