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SAN PEDRO, CA-An affiliate of First Washington RealtyInc. was one of more than 20 bids that were received onthe 199,666-square-foot Park Plaza shopping center here. The firm,a private real estate investment, management and advisory firm,ended up being the winning bid and purchased the property from anentity of Regency Centers Corp., a publicallytraded REIT, for $62 million.
Bill Bauman, executive vice president, andKyle Miller, managing director, ofStudley’s national retail services group,represented the seller in the transaction. “The seller saw anopportunity to take advantage of positive market momentum and lackof quality retail investment offerings by disposing of awell-positioned, prominently anchored asset in a core infillmarket,” Bauman says. According to Bauman, the amount of bids thatwere received on the property reflects its history of “strongtenant sales performance and stable rental growth.”
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
