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Quik Pick Express, LLC Inks $2.02M Lease
From: www.costar.com
"Quik Pick Express, LLC, an existing tenant of Watson Land Company, will expand into Building 142 of the Watson Industrial Center. The 3-year, triple-net lease is valued at about $2.02 million, including escalations.
The Watson Industrial Center Building..."
North Hollywood Multi-Family Fetches $5.6M
From: www.costar.com
"Lankershim Apts, Inc. sold the two-story, 52-unit apartment complex at 11720 Runnymede St. in North Hollywood, CA. Hancock Park Exchange Inc. and 1995 Sherman Revocable Trust, purchased the property for $5.6 million, or about $107,692 per-unit.
The..."
Sylmar Self Storage Facility Sells for $7.5M
From: www.costar.com
"Extra Space Storage, Inc. purchased a converted warehouse building at 12360 Foothill Blvd in Sylmar from Monitronics, Inc. The property sold for $7.5 million, or approximately $95 per square foot.
Formerly a 40,000-square-foot warehouse, the building..."
CoStar's Daily Deals of Note for Wednesday
From: www.costar.com
"CLEVELAND
One Cleveland Center Trades For $86.3M
by Justin Ferguson
Optima One Cleveland Center LLC acquired the 541,505-square-foot, Class A office building located at 1375 E. 9th St. in downtown Cleveland from Meridian Realty Investments for..."
CoStar's Retail News Roundup: June 8 to 14, 2008
From: www.costar.com
"This week in the Retail Roundup, CoStar reports on expansions or new concepts at Bob Evans and Mimi's Caf , Cr me de la Cr me, Dick's Sporting Goods, WingHouse and Blue Sage Caf ; new retail developments in TX, IL, PA and CA; acquisition, merger, loan..."
20,000-SF Retail Center Sells For $6.85M
From: www.costar.com
"Kwon Joon and Myung Won Choi acquired a 20,728-square-foot retail center at 9500-9526 Sepulveda Blvd. in Los Angeles for $6.85 million, or about $330.47 per square foot. The seller's capitalization rate was 5.20% and the buyer's capitalization rate was..."
1010 Glendale Square Sells for $19.5M
From: www.costar.com
"Glendale Square Holdings LLC acquired 1010 Glendale Square, a 46,196-square-foot shopping center in Glendale, CA from Glendale Square LLC for $19.5 million, or about $422 per square foot.
The property on 2.28 acres was constructed in 1994. It features..."
10-Unit Apartment Complex Sells for $3M
From: www.costar.com
"RNR Properties LLC sold a 10-unit multifamily property at 827 3rd St. in Santa Monica, CA, to Seizer Properties LLC, care of Jack Seizer. The final sale price was $3 million or $300,000 per unit.
Built in 1958, the property is situated on 0.17 acres..."
34,000-SF Industrial Bldg Sells for $2.7 in Inglewood
From: www.costar.com
"626 North La Brea Avenue LLC acquired a 34,801-square-foot industrial building located at 622-626 N. La Brea Ave. in Inglewood for $2.7 million or about $77.58 per square foot.
Built in 1940, the property features a main warehouse at 27,958 square..."
Hermosa Courtyard Sells For $7.55 Million
From: www.costar.com
"Bolour & Associates, taking title as Hermosa Pier LLC, purchased the 15,075-square-foot storefront retail center at 1332 Hermosa Ave. in Hermosa Beach from the private trust Hermosa Courtyard LLC.
The sale price was $7.55 million or about $500 per..."
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