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SACRAMENTO-A proposed ban on industrial growth in the Port of Sacramento area could promote commercial and retail development in other areas of the city, but it would limit the port's expansion.
SANTA ANA, CA-The government agency inks a $7.2-million agreement to occupy the fifth floor of a high-rise building in Santa Ana. It will take 21,441 sf in the facility, which is located at 1851 E. First St. here.
BURBANK, CA-The entertainment company will consolidate several existing Los Angeles-area locations at M. David Paul's new Pinnacle office development, bringing the 395,000-sf, six-story building to 60% occupancy.
LONDON-Commercial property is set to complete three consecutive years as the best performing asset class. And it is beating equities over five and ten years as well, according to the latest analysis from Insignia Richard Ellis.
ORLANDO-Orange Circuit Court Judge Joseph Baker will decide if Clarence Moore, who can't read or write, signed a two-acre deed in 1993 with an X mark to Jean Smith-Snagg, believing it was a will and not a property transfer. Universal bought the land for $1 million and Moore didn't get a penny, his lawsuit argues.
LONDON-Commercial property is set to complete three consecutive years as the best performing asset class. And it is beating equities over five and ten years as well, according to the latest analysis from Insignia Richard Ellis.
CHINO, CA-A Thousand Oaks-based investment group acquires the property, known as Hayward Industrial Park. The five-building complex encompasses 266,000 sf.
BOULDER, CO-Income Property Specialists pays $2.45 million for the former Westpark Village, now the Havenwood Apartments. A favorable business climate is an overriding factor in the decision.
AUSTIN-The Texas Legal Protection Plan takes 4,000 sf in a new Colliers International building in Austin's southwest sector. The legal company joins two high-profile law firms as the building's first tenants.
PORTLAND-The law firm's managing partner tells GlobeSt.com it got fairly competitive near the finish line, but adding to its 15 years in Pacwest Center was ultimately the least expensive option. The firm rolled the final two years of their existing 84,000-sf lease into a new, 12-year deal valued at around $27 million.