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From: www.inman.com
"Please contact the Inman News Syndication Department to receive information on how to put our news on your website."
Investor Pays $15M for Piece of Centre Point Marketplace
From: www.costar.com
"Center Pointe Marketplace LLC sold a portion of the 104,701-square-foot Center Point Marketplace in Santa Clarita, CA, for $15.37 million, or about $678 per square foot. The 22,680-square-foot property is at 26400 Golden Valley Road.
Private investors..."
CoStar's Retail News Roundup: Apr. 20 to 26, 2008
From: www.costar.com
"This week in the Retail Roundup, CoStar reports on expansions or new concepts at JoS. A. Bank, J.C. Penney, Fresh & Easy, Gander Mountain, Crate & Barrel; new retail developments in FL, CA, GA and MD; acquisition, merger, loan or sale activity at Saul..."
Trust Buys City of Industry Industrial for $6M
From: www.costar.com
"Feit 1984 Trust purchased the industrial building at 14323-14431 Proctor Ave. in City of Industry from Proctor Inc. for $6 million, or about $96 per square foot.
The industrial property was built in 1974 and consists of 62,600 square feet with approximately..."
Private Duo Inks $2.5M Deal for Wienerschnitzel Site
From: www.costar.com
"Private investors Jie Woong and Jie Hyun Pyo purchased 1352 W. 190th St. in Torrance, CA, from Rana Foods Inc. for $2.65 million, or approximately $1,189.50 per square foot. The property closed at the end of a 75-day escrow period.
The 1352 W. 190th..."
City Sells West Gateway Project for $5.7M
From: www.costar.com
"The Redevelopment Agency of the City of Long Beach sold the West Gateway Project, at 419 W. Broadway in Long Beach, CA. Lyon West Gateway LLC purchased the land for $5.7 million, or $1.06 million per acre.
The properties on the 5.39-acre lot were demolished..."
Huntington Park Retail Bldg. Trades for $3M
From: www.costar.com
"Mensch Enterprises Inc. purchased 6501 Pacific Blvd. in Huntington Park, CA, for $3 million, or about $362 per square foot. The Zagha Family Trust sold the 8,288-square-foot storefront retail building.
Constructed in 1927 with reinforced and retrofitted..."
Ramsey-Shilling Opens Doors in Valencia
From: www.costar.com
"Ramsey-Shilling Commercial Real Estate Services opened the firm's newest location in Valencia. The new office will help the firm serve clients in North County. Samuel O. Coloroso, who recently joined the firm as vice president, will run the new location..."
SEIU Local 721 Keeps 500 S. Virgil in $11.6M Deal
From: www.costar.com
"Los Angeles County Employees Association sold 500 S. Virgil Ave. in Los Angeles to 500 S Virgil LLC for $11.6 million, or approximately $267 per square foot. The property was 100% occupied by the seller at the time of sale. It plans to leaseback the building..."
CoStar's Daily Deals of Note for Monday
From: www.costar.com
"NORTHERN CALIFORNIA
Crate & Barrel Inks 1.22 Million-SF Built-to-Suit Deal
by Laurie Forbes
Crate and Barrel signaled its need to expand its West Coast supply chain network by signing two build-to-suit agreements with ProLogis totaling 1.22 million..."
Private Duo Sells El Segundo Industrial Bldg. for $2.7M
From: www.costar.com
"N & B El Segundo Properties LLC acquired 1509 E. El Segundo Blvd. in El Segundo, CA, from Morton and Jerry Kahn for $2.7 million or $225 per square foot.
The property is a 12,000-square-foot masonry building completed in 1954. The site includes 12..."
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