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Under Contract (April 27-May 3)
From: www.costar.com
"Roberts Realty Investors Inc. has contracted to sell its 403-unit Addison Place apartment community for $60 million. The sales price is equal to $148,883 per apartment unit or $102 per square foot. The company expects to close by June 30. Addison Place..."
Business Expansions, Relocations (April 27-May 3)
From: www.costar.com
"APS Healthcare Inc. leased 44,082 square feet of office space in the Westchester One building in White Plains, NY, where it will relocate its headquarters from Silver Spring, MD, this summer. Josh Kuriloff and Gregory V. Frisoli of Cushman and Wakefield..."
CoStar's Daily Deals of Note for Wednesday
From: www.costar.com
"CLEVELAND; LAS VEGAS; RICHMOND; SAN FRANCISCO
Westcore Pays $93M for 490,000-SF Office Portfolio
by Jame Chang
Westcore Properties of San Diego has acquired a 487,500-square-foot office portfolio from Gramercy Capital Corp. for $93 million, or a..."
Dodgers Announce $500M Green Stadium Revamp
From: www.costar.com
"The Los Angeles Dodgers announced a $500 million renovation plan for Dodger Stadium last week, aimed to be complete in time for the venue's 50th anniversary in 2012.
The ambitious plan re-works acres of parking lots into a grand landscaped entrance..."
Dynaroll Buys Industrial Bldg. in Sylmar
From: www.costar.com
"Dynaroll Corp. purchased the industrial building at 12840 Bradley Ave. in Sylmar, CA. Haskell J. and Wilma J. Hall sold the property for nearly $5.31 million, or approximately $128 per square foot.
The property is 41,536 square feet. It was built in..."
Continental Development Buys Torrance Office Bldg.
From: www.costar.com
"Continental Development Corp., a California company that specializes in development, ownership and management of commercial real estate, purchased the 35,348-square-foot office/medical building at 3500 Lomita Blvd. in Torrance, CA. WRA Property Management..."
BNX Shipping Inks Nearly $5M Lease in Carson
From: www.costar.com
"BNX Shipping Inc. signed a seven-year lease deal for $0.61 per square foot at 910 E. 236th Street in Carson, CA. It is scheduled to move into 98,100 square feet at Building 182 on September 1. BNX Shipping received 30 days of early occupancy and one five..."
CoStar's Retail News Roundup: Apr. 27 to May 3, 2008
From: www.costar.com
"This week in the Retail Roundup, CoStar reports on expansions or new concepts at Dunkin' Donuts, Church's Chicken, Sunflower Farmers Market and Aldi; new retail developments in NY, TX, AL, FL, and NJ; acquisition, merger, loan or sale activity at Regency..."
Office on Santa Monica Blvd. Sells for $11.65M
From: www.costar.com
"Antar Real Estate LLC purchased the 15,950-square-foot office building at 10436 Santa Monica Blvd. in Los Angeles. Bruce Gillis of the Gillis Family Partnership sold it for $11.65 million, or approximately $730.50 per square foot.
The three-story office..."
District Business Park Sells for $6.7 Million
From: www.costar.com
"Forest Lim Properties LLC acquired the District Business Park at 4625 District Blvd. in Vernon, CA, from for nearly $6.7 million, or about $159 per square foot.
The property consists of a 42,090-square-foot industrial building, of which approximately..."

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