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Please contact the Inman News Syndication Department to receive information on how to put our news on your website.
CoStar's Daily Deals of Note for Wednesday
BOSTON
James Campbell Sells 50 Milk St. for $170.4 Million
by Michelle Waiters
James Campbell Co. LLC sold 50 Milk St. in Boston to Ponte Gadea, a Spanish real estate investment group, for $170.4 million, or about $620.50 per square foot.
The...
CoStar's Retail News Roundup: May 11 to 17, 2008
This week in the Retail Roundup, CoStar reports on expansions or new concepts at S&K Menswear, 85c Bakery Café and Nike/Finish Line; new retail developments in VA, MS, LA, WA and IN; acquisition, merger, loan or sale activity at Centro Properties Group...
Investor Sells Gardena Plaza for $5.5 Million
Steve Ro sold the Gardena Plaza at 2001- 2021 W. Redondo Beach Blvd. in Gardena, CA, to Jong C. and Mi. K Lim for $5.5 million, or about $331.50 per square foot.
The property was 100% occupied at the time of sale and the capitalization rate was 4.92...
AMC Buys 955 Overland in San Dimas for $21.75M
Asset Management Consultants Inc. purchased 955 Overland Court in San Dimas, CA, from Adler Realty Investments Inc. for $21.75 million, or approximately $249.50 per square foot.
Completed in 1987, this 87,210-square-foot office building is situated...
Burbank Ralphs, CVS Shopping Center Sell for $28.75M
Tooley Investment Co. acquired the Burbank Ralphs and CVS Shopping Center at 2500 and 2600 W. Victory Blvd. from Univest for $28.75 million, or about $435 per square foot.
The property includes two adjacent buildings within a shopping center totaling...
Vernon Industrial Bldg. Trades for $5.5M
LIA Associates LLC purchased 3155 Leonis Blvd. in Vernon, CA, for approximately $5.5 million. James Sharifi of Paramount Imports sold it for $100 per square foot.
Built in 1952, this 54,950-square-foot industrial building is on 1.80 acres. The property...
Group Sells Warehouse at 1888 S. Sepulveda for $4.3M
Graham Donald F/Robin W Trustee Et and Trust B of Maud J Smile sold the warehouse building at 1888 S. Sepulveda Blvd. in Los Angeles, CA. Benmak LLC purchased the building for $4.3 million, or about $380.50 per square foot.
Benmak LLC, doing business...
Ashai Development Sells PCH Parcel in Torrance
Ashai Development Group sold 1.03 acres at 3720 Pacific Coast Highway to 57 Marquerite Drive LLC for $5 million.
The site is of irregular shape and includes a Jack-in-the-Box restaurant. The buyer plans to hold this investment for later development...
CoStar's Daily Deals of Note for Wednesday
BOSTON
James Campbell Sells 50 Milk St. for $170.4 Million
by Michelle Waiters
James Campbell Co. LLC sold 50 Milk St. in Boston to Ponte Gadea, a Spanish real estate investment group, for $170.4 million, or about $620.50 per square foot.
The...
CoStar's Retail News Roundup: May 11 to 17, 2008
This week in the Retail Roundup, CoStar reports on expansions or new concepts at S&K Menswear, 85c Bakery Café and Nike/Finish Line; new retail developments in VA, MS, LA, WA and IN; acquisition, merger, loan or sale activity at Centro Properties Group...
Investor Sells Gardena Plaza for $5.5 Million
Steve Ro sold the Gardena Plaza at 2001- 2021 W. Redondo Beach Blvd. in Gardena, CA, to Jong C. and Mi. K Lim for $5.5 million, or about $331.50 per square foot.
The property was 100% occupied at the time of sale and the capitalization rate was 4.92...
AMC Buys 955 Overland in San Dimas for $21.75M
Asset Management Consultants Inc. purchased 955 Overland Court in San Dimas, CA, from Adler Realty Investments Inc. for $21.75 million, or approximately $249.50 per square foot.
Completed in 1987, this 87,210-square-foot office building is situated...
Burbank Ralphs, CVS Shopping Center Sell for $28.75M
Tooley Investment Co. acquired the Burbank Ralphs and CVS Shopping Center at 2500 and 2600 W. Victory Blvd. from Univest for $28.75 million, or about $435 per square foot.
The property includes two adjacent buildings within a shopping center totaling...
Vernon Industrial Bldg. Trades for $5.5M
LIA Associates LLC purchased 3155 Leonis Blvd. in Vernon, CA, for approximately $5.5 million. James Sharifi of Paramount Imports sold it for $100 per square foot.
Built in 1952, this 54,950-square-foot industrial building is on 1.80 acres. The property...
Group Sells Warehouse at 1888 S. Sepulveda for $4.3M
Graham Donald F/Robin W Trustee Et and Trust B of Maud J Smile sold the warehouse building at 1888 S. Sepulveda Blvd. in Los Angeles, CA. Benmak LLC purchased the building for $4.3 million, or about $380.50 per square foot.
Benmak LLC, doing business...
Ashai Development Sells PCH Parcel in Torrance
Ashai Development Group sold 1.03 acres at 3720 Pacific Coast Highway to 57 Marquerite Drive LLC for $5 million.
The site is of irregular shape and includes a Jack-in-the-Box restaurant. The buyer plans to hold this investment for later development...
Milan Invests $5M in Carson Multifamily
In its latest round of acquisitions, Milan Properties Inc. purchased 539 E. Lomita Blvd. in Carson, CA, for $5 million, or about $121,951 per unit. The private investment group purchased the apartment complex from Catalina Capital Resources LLC.
The...
NAI Capital Names New Executive VP
NAI Capital named Carl Anderson as an executive vice president and branch manager of the company's Pasadena office. He will head the operation and management of the regional office, while also focusing on his brokerage specialty of office and investment...
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