Stirling Capital Completes 176,800-SF Newell Rubbermaid Expansion

Expansion expected to bring 65 Jobs, accommodate increased nationwide distribution.

via Los Angeles http://www.globest.com/news/12_530/losangeles/industrial/Stirling-Capital-Completes-176800-SF-Newell-Rubbermaid-Expansion-329472.html

Market Trend: Inland Empire's Office Vacancy Decreases to 13.5%

The Inland Empire Office market ended the fourth quarter 2012 with a vacancy rate of 13.5%. The vacancy rate was down over the previous quarter, with net absorption totaling positive 426,219 square feet in the fourth quarter. That compares to positive 150,143 square feet in the third quarter 2012. Vacant sublease space decreased in the quarter, ending the quarter at 151,480 square feet. Rental rates ended the fourth quarter at $18.46,...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Market-Trend-Inland-Empires-Office-Vacancy-Decreases-to-135/145275?ref=/News/Article/Market-Trend-Inland-Empires-Office-Vacancy-Decreases-to-135/145275&src=rss

Citibank Takes 5,900SF at Murdock Plaza

LOS ANGELES-GlobeSt.com learns exclusively that the bank will use the space at 10900 Wilshire Blvd. here as its second flagship branch in California.

via Los Angeles http://www.globest.com/news/12_530/losangeles/retail/Citibank-Takes-5900SF-at-Murdock-Plaza-329443.html

Thorofare Finances $46M in 30 Days

LOS ANGELES-GlobeSt.com learns exclusively that the firm closes more than nine transactions in five states for ten different property types during the final days of 2012.

via Los Angeles http://www.globest.com/news/12_530/losangeles/finance/Thorofare-Finances-46M-in-30-Days-329396.html

Developers Bullish on MF, Industrial

LOS ANGELES-California developers remain optimistic toward these favored asset classes and cautiously optimistic toward office, an Allen Matkins/UCLA Anderson survey shows.

via Los Angeles http://www.globest.com/news/12_529/losangeles/development/Developers-Bullish-on-MF-Industrial-329389.html

Charles Dunn Completes Sale of Milano Lofts

Historic downtown residential-retail property sold off market .

via Los Angeles http://www.globest.com/news/12_529/losangeles/multifamily/Charles-Dunn-Milano-Lofts-Los-Angeles-329388.html

Avison Young Completes 19,279 SF Office Lease

Representing Child and Family Guidance Center.

via Los Angeles http://www.globest.com/news/12_529/losangeles/other/Avison-Young-Completes-Los-Angeles-Office-Lease-329387.html

Lynd Launches Year with 438-Unit Acquisition

HOUSTON-The San Antonio investor adds Limestone, once a distressed asset, to its portfolio. The seller was Post Investment Group, which has owned the asset since 2009.

via Los Angeles http://www.globest.com/news/12_529/houston/multifamily/Lynd-Launches-Year-with-438-Unit-Acquisition-329366.html

Champion Promotes Beck to Partner

LOS ANGELES-GlobeSt.com learns exclusively that Greg Beck will oversee all development activities for the real estate company.

via Los Angeles http://www.globest.com/news/12_529/losangeles/employment/Champion-Promotes-Beck-to-Partner-329330.html

Parcel Acquired for 245-Unit Project

GLENDALE, CA—MCREF Verdugo LLC, has acquired a 67,518-square-foot land parcel for the development of 245 apartment units in Glendale, CA,

via Los Angeles http://www.globest.com/news/12_528/losangeles/development/Parcel-for-245-Unit-Project-Glendale-329371.html

Paseo La Jolla Luxury Townhomes Are Complete

LA JOLLA, CA—Construction is complete at Paseo La Jolla a 24-unit luxury townhome community in central La Jolla. The project is 50% sold.

via Los Angeles http://www.globest.com/news/12_528/losangeles/multifamily/Paseo-La-Jolla-Luxury-Townhomes-Are-Complete-329368.html

Two New Buildings Add Urban Character to Downtown

SANTA MONICA—Developed by NMS, Designed by Killefer Flammang Architects, Buildings Are Three Blocks from Forthcoming Metro Station

via Los Angeles http://www.globest.com/news/12_528/losangeles/multifamily/Two-New-Buildings-Add-Urban-Character-to-Downtown-329367.html

Birtcher Center Bldg E Trades for $3.3M

Dmitry Burkovsky, the owner of Ohio-based Miles Transport, purchased the industrial building at 1075 Mount Vernon Ave. in Riverside, CA for $3.25 million, or about $81 per square foot, from Cornerstone Real Estate Advisers LLC. The trucking company will be relocating from a location in Rialto. Built in 2008, the property totals 39,900 square feet on 2.3 acres, part of the Birtcher Center at Mount Vernon Business Park located at the corner of...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Birtcher-Center-Bldg-E-Trades-for-$33M/145116?ref=/News/Article/Birtcher-Center-Bldg-E-Trades-for-$33M/145116&src=rss

Colony Apartments Sell for $22.1M

JH Real Estate Partners purchased The Colony Apartments at 102 N. Lemon Ave. in Ontario, CA for $22.1 million, or about $138,000 per unit, from J.H. Snyder Company. The property was 94 percent occupied at time of sale. Built in 2008, the four-building multifamily complex totals 141,916 square feet on 2.5 acres encompassing an entire block bordering E. B St., Plum Ave. and E. Holt Blvd. in the Airport Area submarket. The Colony is comprised of 80...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Colony-Apartments-Sell-for-$221M/145109?ref=/News/Article/Colony-Apartments-Sell-for-$221M/145109&src=rss

THIS IS IT! Deadline to Submit Deals for 2012 CoStar Power Broker Awards is Feb.1!

The deadline to submit or confirm your 2012 deals before CoStar tallies all the deals that closed during the year and bestows CoStar Power Broker Awards on the winning firms and individual brokers is next week! Our research confirmed that a huge number of deals closed at year-end. Don't miss out. Make sure all your deals are accounted for before the February 1, 2013 closing date for award consideration. Each year, CoStar Group is proud to recognize...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/THIS-IS-IT!-Deadline-to-Submit-Deals-for-2012-CoStar-Power-Broker-Awards-is-Feb1!/144984?ref=/News/Article/THIS-IS-IT!-Deadline-to-Submit-Deals-for-2012-CoStar-Power-Broker-Awards-is-Feb1!/144984&src=rss

NewMark Merrill Hires Saitta

WOODLAND HILLS, CA-GlobeSt.com learns exclusively that the firm has brought on industry veteran Karen Saitta as regional property manager.

via Los Angeles http://www.globest.com/news/12_528/losangeles/employment/NewMark-Merrill-Hires-Saitta-329342.html

Office Campus Fetches Near $92M

WEST HILLS, CA-Brookfield Opportunity Fund buys Corporate Pointe at West Hills, which consists of 10 multi-story buildings spread across 80 acres of land from Bentall Kennedy.

via Los Angeles http://www.globest.com/news/12_528/losangeles/office/Office-Campus-Fetches-Near-92M-329273.html

Meridian Closes Financing for MF Assets

LOS ANGELES-GlobeSt.com learns exclusively that the New York-based finance and advisory firm has negotiated and closed $15.6 million for two properties in Venice Beach and in La Palma, CA.

via Los Angeles http://www.globest.com/news/12_527/losangeles/multifamily/Meridian-Closes-Financing-for-MF-Assets-329275.html

Kush Warehousing Sells Business Park for $10.4M

South West Medical Resources acquired the Grove Avenue Business Park at 1290 E. Elm St. in Ontario, CA for $10.35 million, or about $74 per square foot, from Kush Warehousing LLC. Built in 2005 on 8.1 acres in the Airport Area submarket of Inland Empire, the 140,341-square-foot property features a fully-secured yard, six grade-level and 15 dock-height doors with levelers, 30-foot clear heights and T-5 energy efficient lighting. Just minutes from...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Kush-Warehousing-Sells-Business-Park-for-$104M/145117?ref=/News/Article/Kush-Warehousing-Sells-Business-Park-for-$104M/145117&src=rss

CoStar's People of Note (Jan. 20-26)

This week's People of Note includes the following markets: Austin, Chicago, Denver, Houston, New Orleans, New York City, Salt Lake City, San Antonio and Washington, DC. WASHINGTON, DC Cassidy Turley Names Benziger Regional Managing Principal By Ashley McClain Cassidy Turley appointed John Benziger as its new regional managing principal in the Washington, DC, metro region, where he will assume management responsibilities



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/CoStars-People-of-Note-Jan-20-26/145062?ref=/News/Article/CoStars-People-of-Note-Jan-20-26/145062&src=rss

Final Week To Submit Deals for 2012 CoStar Power Broker Awards!

The deadline to submit or confirm your 2012 deals before CoStar tallies all the deals that closed during the year and bestows CoStar Power Broker Awards on the winning firms and individual brokers is next week! Our research confirmed that a huge number of deals closed at year-end. Don't miss out. Make sure all your deals are accounted for before the February 1, 2013 closing date for award consideration. Each year, CoStar Group is proud to recognize...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Final-Week-To-Submit-Deals-for-2012-CoStar-Power-Broker-Awards!/144984?ref=/News/Article/Final-Week-To-Submit-Deals-for-2012-CoStar-Power-Broker-Awards!/144984&src=rss

Fontana Industrial Sells for $3.2M

Mendocino Forest Products Company LLC purchased the industrial building at 13041 Union Ave. in Fontana, CA for $3.2 million, or about $59 per square foot, from a private trust. The buyer, a manufacturer and distributor of environmentally-certified lumber products, had been leasing the premises for about two years at the time of sale. Built in 1979, the rail-served warehouse property totals 53,825 square feet on 5.6 acres located at the southeast...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Fontana-Industrial-Sells-for-$32M/144752?ref=/News/Article/Fontana-Industrial-Sells-for-$32M/144752&src=rss

Retail Update: Dunkin' Donuts Targets Southern California for Franchise Growth

Working to retain its title as one of the fastest growing quick service restaurant (QSR) brands in the industry, Dunkin' Donuts (Nasdaq: DNKN) will expand into Southern California for the first time. The company also said it will continue to open new locations in existing markets as part of its long-term goal of blanketing the country with more than 15,000 Dunkin' Donuts locations in the U.S. To support its expansion goals, Dunkin' Donuts is currently...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Retail-Update-Dunkin-Donuts-Targets-Southern-California-for-Franchise-Growth/144902?ref=/News/Article/Retail-Update-Dunkin-Donuts-Targets-Southern-California-for-Franchise-Growth/144902&src=rss

Rialto Industrial Acreage Sells for $2.5M

North Rialto, Inc. sold the 9.24 acres at the northwest corner of W. Baseline Ave. and Laurel Ave. in Rialto, CA to San Gabriel Valley Water Company for $2.5 million, or about $6.21 per square foot of land. The subject property consists of two adjacent parcels with a PID (Planned Industrial Development) zoning designation. The buyer plans to hold the land for investment. Erik Wanland of CBRE represented the seller. Please refer to CoStar...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Rialto-Industrial-Acreage-Sells-for-$25M/144621?ref=/News/Article/Rialto-Industrial-Acreage-Sells-for-$25M/144621&src=rss

Global Hotel Deal Volume To Total $33B in 2013

LOS ANGELES-The future of the hotel investment market around the world was the topic of debate at Jones Lang LaSalle’s forecast presentation at the ALIS conference.

via Los Angeles http://www.globest.com/news/12_527/losangeles/hotel/Global-Hotel-Deal-Volume-To-Total-33B-in-2013-329221.html

Top 10 Healthcare Real Estate Trends, Part 2: Big Buyers Active in 2012

SCOTTSDALE, AZ-In this second article of three, John Mugford with Healthcare Real Estate Insights discusses REITs, institutional investors and other big buyers of medical office buildings as well as locally based HTA going public.

via Los Angeles http://www.globest.com/news/12_526/phoenix/medical_office/Top-10-Healthcare-Real-Estate-Trends-Part-2-Big-Buyers-Active-in-2012-329229.html

CoStar's People of Note (Jan. 20-26)

This week's People of Note includes the following markets: Austin, Chicago, Denver, Houston, New Orleans, New York City, Salt Lake City, San Antonio and Washington, DC. WASHINGTON, DC Cassidy Turley Names Benziger Regional Managing Principal By Ashley McClain Cassidy Turley appointed John Benziger as its new regional managing principal in the Washington, DC, metro region, where he will assume management responsibilities



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CoStars-People-of-Note-Jan-20-26/145062?ref=/News/Article/CoStars-People-of-Note-Jan-20-26/145062&src=rss

Three Big Realty Deals Nab Awards

LOS ANGELES-The trio of 2012 projects, as well as two well-known lodging pros, are honored here at the annual Americas Lodging Investment Summit.

via Los Angeles http://www.globest.com/news/12_526/losangeles/hotel/Three-Big-Realty-Deals-Nab-Awards-329219.html

Brian Good Forms Eagle Group Finance

LOS ANGELES-GlobeSt.com exclusively learns that the direct hard money lender specializes in short-and long-term financing secured by CRE assets located in California, Nevada and Arizona.

via Los Angeles http://www.globest.com/news/12_526/losangeles/finance/Brian-Good-Forms-Eagle-Group-Finance-329162.html

Westgate Apartment Building Sold for $1.8M

LOS ANGELES—Investment Real Estate Associates has closed the sale of the 9-unit Westgate Apartments, for $1.8M. Westgate consists of a classic 9-unit apartment building built primarily in 1956.

via Los Angeles http://www.globest.com/news/12_525/losangeles/multifamily/Westgate-Apartmenst-18M-Los-Angeles-sold-329203.html

Developer Expands LGBT-friendly Affordable Housing

LOS ANGELES—The nation's first LGBT-friendly affordable senior housing provider announced its latest 40 unit development, located at Hollywood and Western.

via Los Angeles http://www.globest.com/news/12_525/losangeles/multifamily/Developer-Expands-LGBT-friendly-Affordable-Housing-329179.html

Alis Award Winners Announced

LOS ANGELES—ALIS Awards recognize most noteworthy hotel investment deals and executives.

via Los Angeles http://www.globest.com/news/12_525/losangeles/hotel/Alis-Award-Winners-Announced-329176.html

Architects Plan to Reinvent Aging Shopping Center

MOORPARK, CA—One of the city’s first neighborhood retail centers will be brought to the 21st century.

via Los Angeles http://www.globest.com/news/12_525/losangeles/retail/Architects-Plan-to-Reinvent-Aging-Shopping-Center-329174.html

Rexford Closes Fifth Fund, Raising More Than $127M

LOS ANGELES—Rexford Industrial says it has closed its fifth private equity real estate investment fund, Rexford Industrial Fund V REIT. The fund closed with $127 million in capital commitments and has acquired 2.6 million square feet of industrial.

via Los Angeles http://www.globest.com/news/12_525/losangeles/asset_management/Rexford-Closes-Fifth-Fund-Raising-More-Than-127M-329173.html

Developer Receives $67M Financing for Playa Del Oro West

Funding is to complete phase II of master development, to include 260 units.

via Los Angeles http://www.globest.com/news/12_525/losangeles/multifamily/Developer-Receives-67M-Financing-for-Playa-Del-Oro-West-329172.html

La Salle Renews Industrial Lease for Recycling Firm

RANCHO DOMINGUEZ, CA—Jones Lang LaSalle represented Sims Recycling Solutions in a lease renewal for industrial space on South Rancho Way. Sims will continue to occupy the space for its regional office.

via Los Angeles http://www.globest.com/news/12_525/losangeles/industrial/La-Salle-Renews-Industrial-Lease-for-Recycling-Firm-329171.html

Final Week To Submit Deals for 2012 CoStar Power Broker Awards!

The deadline to submit or confirm your 2012 deals before CoStar tallies all the deals that closed during the year and bestows CoStar Power Broker Awards on the winning firms and individual brokers is next week! Our research confirmed that a huge number of deals closed at year-end. Don't miss out. Make sure all your deals are accounted for before the February 1, 2013 closing date for award consideration. Each year, CoStar Group is proud to recognize...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Final-Week-To-Submit-Deals-for-2012-CoStar-Power-Broker-Awards!/144984?ref=/News/Article/Final-Week-To-Submit-Deals-for-2012-CoStar-Power-Broker-Awards!/144984&src=rss

Hoteliers Struggle to Keep Up with Tech

LOS ANGELES-Owners and operators of lodging facilities aren’t keeping pace with advancements in technology, experts here at ALIS say.

via Los Angeles http://www.globest.com/news/12_525/losangeles/hotel/Hoteliers-Struggle-to-Keep-Up-with-Tech-329160.html

Archway Launches Renovations on Medical Properties

MESA, AZ-The Beverly Hills, CA owner has begun significant upgrades to the 36,000-SF Baywood Health Center and the 26,000-SF Broadway Health Center.

via Los Angeles http://www.globest.com/news/12_525/phoenix/medical_office/Archway-Launches-Renovations-on-Medical-Properties-329147.html

Johnson Arranges $54M for Industrial Set

LOS ANGELES-The capital-advisory firm arranges permanent financing on behalf of a privately held entity for the L.A. County portfolio.

via Los Angeles http://www.globest.com/news/12_525/losangeles/industrial/Johnson-Arranges-54M-for-Industrial-Set-329103.html

Hoteliers Optimistic about Future

LOS ANGELES-A staggering 98% of owners and other experts in the industry expect both occupancy and rental rates to climb this year, an expert says at the opening of the Americas Lodging and Investment Summit.

via Los Angeles http://www.globest.com/news/12_524/losangeles/hotel/Hoteliers-Optimistic-about-Future-329125.html

Fontana Industrial Sells for $3.2M

Mendocino Forest Products Company LLC purchased the industrial building at 13041 Union Ave. in Fontana, CA for $3.2 million, or about $59 per square foot, from a private trust. The buyer, a manufacturer and distributor of environmentally-certified lumber products, had been leasing the premises for about two years at the time of sale. Built in 1979, the rail-served warehouse property totals 53,825 square feet on 5.6 acres located at the southeast...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Fontana-Industrial-Sells-for-$32M/144752?ref=/News/Article/Fontana-Industrial-Sells-for-$32M/144752&src=rss

Joint Venture Breaking Ground On New Southern California Hospital

TEHACHAPI, CA—A joint venture of two regional building partners is about to break for a new 25-bed hospital. Completion expected in 2015, with a $56M budget.

via Los Angeles http://www.globest.com/news/12_524/losangeles/medical_office/Joint-Venture-New-Hospital-Tehachapi-329114.html

Sunset/Doheny Land Fetches $31M

WEST HOLLYWOOD, CA-Marriott International Inc. purchases the 1.37-acre parcel to develop a 190-room hotel and residences with ancillary amenities.

via Los Angeles http://www.globest.com/news/12_524/losangeles/hotel/SunsetDoheny-Land-Fetches-31M-329048.html

Griffin Capital Unit Acquires Comcast's Western Tech Support HQ for $27M

EL SEGUNDO, CA—Griffin Capital Corp. says its Griffin Capital Net Lease REIT, Inc., has acquired a 157,000 square-foot, Class A office building located in Greenwood Village, Colorado for $27 million. The Property is 100% leased to Comcast Cable Holdings, LLC, a wholly-owned subsidiary of Comcast Corporation pursuant to a triple-net lease with an approximate nine-year remaining term. Comcast Corporation is one of the world's leading media and entertainment. ...

via Los Angeles http://www.globest.com/news/12_523/losangeles/office/Griffin-Capital-Comcasts-Western-Technical-Support-Denver-329072.html

Retail Update: Dunkin' Donuts Targets Southern California for Franchise Growth

Working to retain its title as one of the fastest growing quick service restaurant (QSR) brands in the industry, Dunkin' Donuts (Nasdaq: DNKN) will expand into Southern California for the first time. The company also said it will continue to open new locations in existing markets as part of its long-term goal of blanketing the country with more than 15,000 Dunkin' Donuts locations in the U.S. To support its expansion goals, Dunkin' Donuts is currently...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Retail-Update-Dunkin-Donuts-Targets-Southern-California-for-Franchise-Growth/144902?ref=/News/Article/Retail-Update-Dunkin-Donuts-Targets-Southern-California-for-Franchise-Growth/144902&src=rss

FelCor Rebrands Hotels under Wyndham Flag

IRVING, TX-The properties, currently operating as Holiday Inns, are located in various cities. The agreement includes a $100 million guarantee from Wyndham and $34 million in renovations.

via Los Angeles http://www.globest.com/news/12_523/houston/hotel/FelCor-Changes-Eight-Hotels-to-Wyndham-Brand-329066.html

Hoteliers Gather for Annual Meeting

LOS ANGELES-More than 2,500 owners and other hospitality professionals have started the three-day Americas Lodging Investment Summit.

via Los Angeles http://www.globest.com/news/12_523/losangeles/hotel/Hoteliers-Gather-for-Annual-Meeting-329042.html

Candidates Vow Support for Affordable Sector

LOS ANGELES-The three leading candidates in the city’s mayoral race pledge to help build low- and middle-income households.

via Los Angeles http://www.globest.com/news/12_523/losangeles/multifamily/Candidates-Vow-Support-for-Affordable-Sector-329041.html

ST Residential Announces Multi-Family Portfolio Sale

CHICAGO - ST Residential will list for sale 13 multi-family properties in eight states which are valued at about $1 billion.

via Los Angeles http://www.globest.com/news/12_523/chicago/multifamily/ST-Residential-Announces-Multi-Family-Portfolio-Sale-329016.html

Ground Breaks on Young Professional Apts.

WEST LOS ANGELES, CA-Frost/Chaddock Developers begins the $30-million contemporary structure in the Palms neighborhood here.

via Los Angeles http://www.globest.com/news/12_523/losangeles/multifamily/Ground-Breaks-on-Young-Professional-Apts-328983.html

Colliers Hires Matthews and Team for West Coast Retail

LOS ANGELES—Colliers International has hired Kyle Matthews and team from Marcus & Millichap’s National Retail Group. The team specializes in investment sales of retail properties across the U.S., with an emphasis on the West Coast.

via Los Angeles http://www.globest.com/news/12_522/losangeles/Colliers-Matthews-West-Coast-Retail-329009.html

Maxxam Enterprises Sells Two Properties for $30M

BEVERLY HILLS, CA—Maxxam Enterprises has sold two properties in its Southern California portfolio demonstrating its increased presence the Southern California market.

via Los Angeles http://www.globest.com/news/12_522/losangeles/multifamily/Maxxam-Enterprises-Beverly-Hills-Properties-30M-329006.html

Primestor Looks to Expand in Phoenix

PHOENIX-The Los Angeles-based retail developer and owner specializes in Hispanic shopping centers and recently acquired the 100,000-SF El Monte Plaza. The goal? Three more local acquisitions in 2013.

via Los Angeles http://www.globest.com/news/12_522/phoenix/retail/Primestor-Looks-to-Expand-in-Phoenix-328996.html

CoStar's People of Note (Jan. 13-19)

This week's People of Note includes the following markets: Charlotte, Cleveland/Northern Ohio, Dallas/Fort Worth, Houston, San Francisco and Washington, DC. WASHINGTON,DC Prutting In, Meisel Up, Dahlstrom Out? DC Sales Firms Revamp Lineups By Tim Trainor The Washington Nationals wasn't the only local team making changes to their lineup this week (so long Michael Morse, you'll be missed). The personnel moves



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CoStars-People-of-Note-Jan-13-19/144858?ref=/News/Article/CoStars-People-of-Note-Jan-13-19/144858&src=rss

Thanksgiving Tower In Foreclosure

DALLAS-The one-million-square-foot, 50-story landmark office building in the CBD could be subject to a Feb. 5 forced sale. Younan Properties, which owns the building, defaulted on an $84 million loan.

via Los Angeles http://www.globest.com/news/12_522/dallas/office/Thanksgiving-Tower-In-Foreclosure-328984.html

KW, Verde in $101M Portfolio Buy

LONDON-GlobeSt.com’s John Salustri learns that the unnamed partner is Michigan-based hedge fund Verde Partners.

via Los Angeles http://www.globest.com/news/12_522/international/office/KW-Verde-in-101M-Portfolio-Buy-328944.html

Plaza at Sherman Oaks Goes for $77M

SHERMAN OAKS, CA-GlobeSt.com learns exclusively that Raintree Partners has acquired the luxury apartment community here from an undisclosed seller.

via Los Angeles http://www.globest.com/news/12_522/losangeles/multifamily/Plaza-at-Sherman-Oaks-Goes-for-77M-328919.html

Griffin Picks Up Comcast HQ

EL SEGUNDO, CA-GlobeSt.com learns exclusively that Griffin Capital Net Lease REIT Inc. has acquired a 157,000-square-foot office property in Greenwood Village, CO, for $27 million.

via Los Angeles http://www.globest.com/news/12_521/losangeles/office/Griffin-Picks-Up-Comcast-HQ-328938.html

South OC Values Continue to Rise

EL SEGUNDO, CA-Read about how fundamentals are improving in the submarket in this update to the Hyundai dealership land sale GlobeSt.com reported on exclusively this morning.

via Los Angeles http://www.globest.com/news/12_521/losangeles/office/South-OC-Values-Continue-to-Rise-328868.html

Council Approves $2B Hyatt Project

CENTURY CITY, CA-The Los Angeles City Council has voted unanimously to approve Next Century Associates’ redevelopment project for the Hyatt Regency Century Plaza Hotel here.

via Los Angeles http://www.globest.com/news/12_521/losangeles/hotel/Council-Approves-2B-Hyatt-Project-328921.html

Mount Auburn Takes Possession of 274-Unit Tuscany Villas

BATON ROUGE, LA-The Los Angeles buyer makes its first local buy, paying $30 million to local seller New Hope Investors for the class A multifamily property.

via Los Angeles http://www.globest.com/news/12_521/southwest/acquisitions_dispositions/Mount-Auburn-Takes-Possession-of-274-Unit-Tuscany-Villas-328902.html

Griffin Picks Up Comcast HQ

EL SEGUNDO, CA-GlobeSt.com learns exclusively that Griffin Capital Net Lease REIT Inc. has acquired a 157,000-square-foot office property in Greenwood Village, CO, for $27 million.

via Los Angeles http://www.globest.com/news/12_521/losangeles/office/Griffin-Picks-Up-Comcast-HQ-328868.html

Rialto Industrial Acreage Sells for $2.5M

North Rialto, Inc. sold the 9.24 acres at the northwest corner of W. Baseline Ave. and Laurel Ave. in Rialto, CA to San Gabriel Valley Water Company for $2.5 million, or about $6.21 per square foot of land. The subject property consists of two adjacent parcels with a PID (Planned Industrial Development) zoning designation. The buyer plans to hold the land for investment. Erik Wanland of CBRE represented the seller. Please refer to CoStar...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Rialto-Industrial-Acreage-Sells-for-$25M/144621?ref=/News/Article/Rialto-Industrial-Acreage-Sells-for-$25M/144621&src=rss

Tech, Entertainment, E-Commerce Key for L.A.

LOS ANGELES-Jones Lang LaSalle’s 2013 Los Angeles Forecast reveals that hotels and multifamily will lead investment recovery

via Los Angeles http://www.globest.com/news/12_520/losangeles/multifamily/Tech-Entertainment-E-Commerce-Key-for-LA-328893.html

Kilroy Has New Head of Development

LOS ANGELES-GlobeSt.com learns exclusively that Justin Smart has been promoted to EVP, development and construction services for the REIT.

via Los Angeles http://www.globest.com/news/12_520/losangeles/employment/Kilroy-Has-New-Head-of-Development-328871.html

HFF Places Financing for 960,000SF Portfolio

LOS ANGELES-The firm completes a $60-million refi/recap for four mostly grocery-anchored retail assets in SoCal.

via Los Angeles http://www.globest.com/news/12_520/losangeles/retail/HFF-Places-Financing-for-960000SF-Portfolio-328814.html

Transwestern Adds Structured Finance Group

LOS ANGELES—Transwestern has added a Structured Finance group to its Los Angeles office. Heading up the firm’s new group are Steven Orchard and Michelle Lee.

via Los Angeles http://www.globest.com/news/12_519/losangeles/other/Transwestern-Structured-Finance-Group-328845.html

More Funding Arranged for Summer House Apartments

BEVERLY HILLS, CA—Kennedy Wilson has added to the existing financing on the 615-unit multifamily complex acquired in 2010. Financing on Summer House now totals $90.2 million.

via Los Angeles http://www.globest.com/news/12_518/losangeles/multifamily/Summer-House-Apartments-Beverley-Hills-328828.html

CREFC Experts Offer Reality Check

MIAMI-One panelist noted that the commercial real state industry is operating in an "artificial environment." Find out more from day one of the CFREC January Conference 2013.

via Los Angeles http://www.globest.com/news/12_519/miami/finance/CREFC-Experts-Offer-Reality-Check-328803.html

Builder Begins $140M Redevelopment

VENICE BEACH, CA-GlobeSt.com learns exclusively that Bernards has started construction on the Lincoln Place project, which is being funded by a $190.7-million FHA-insured loan.

via Los Angeles http://www.globest.com/news/12_519/losangeles/multifamily/Builder-Begins-140M-Redevelopment-328763.html

Champion Acquires Burbank Apartment Complex for $15.6M

Purchased from original owners, the 62-unit Olive Street complex includes spacious owner penthouse.

via Los Angeles http://www.globest.com/news/12_518/losangeles/multifamily/Los-Angeles-apartment-complex-Burbank-rental-penthouses-Olive-Street-328772.html

L.A. Ranks 5th in Multifamily Permitting

LOS ANGELES-According to Axiometric’s jobs report, the region fell in the middle of the top ten list for markets issuing apartment permits during the 12 months ending November 2012.

via Los Angeles http://www.globest.com/news/12_518/losangeles/multifamily/LA-Ranks-5th-in-Multifamily-Permitting-328769.html

Dow Signs CBRE to Major Facilities Deal

LOS ANGELES-Details are sketchy, but GlobeSt.com has learned that a new facilities services deal puts almost 7 million square feet of space into CBRE’s management portfolio.

via Los Angeles http://www.globest.com/news/12_518/national/office/Dow-Signs-CBRE-to-Major-Facilities-Deal-328759.html

Water Tax Protests Due Tomorrow

LOS ANGELES-Property owners opposing the annual tax need to act quickly in order to let their voices be heard, says NAIOP’s Kevin Ivey.

via Los Angeles http://www.globest.com/news/12_518/losangeles/economy/Water-Tax-Protests-Due-Tomorrow-328730.html

CoStar's People of Note (Jan. 6-12)

This week's People of Note includes the following markets: Austin, Chicago, Dallas/Fort Worth, Houston, National, New York City, Northern New Jersey, Philadelphia, San Antonio, San Francisco and South Florida. NATIONAL, SAN FRANCISCO Cassidy Turley Taps Northern California Leader Kamm to Serve as President By CoStar Research Cassidy Turley has promoted Michael Kamm to president of the company, assuming t



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/CoStars-People-of-Note-Jan-6-12/144643?ref=/News/Article/CoStars-People-of-Note-Jan-6-12/144643&src=rss

CIP JV Sells Stone Haven for $10.7M

Freeway Industrial Park LLC has acquired the Stone Haven Business Park in Rancho Cucamonga, CA from CIP Real Estate and an affiliate of Alex. Brown Realty, Inc. for approximately $10.73 million, or $130.70 per square foot. The six-building, 82,071-square-foot office and industrial park was built in the late 1980s at the corner of Haven Ave. and Trademark Pky N. in the Airport Area submarket of San Bernardino County. The park is currently 95 percent...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/CIP-JV-Sells-Stone-Haven-for-$107M/144629?ref=/News/Article/CIP-JV-Sells-Stone-Haven-for-$107M/144629&src=rss

Fontana Industrial Trades for $2.9M

Cibaria International, Inc. sold the industrial property at 11109 Jasmine St. in Fontana, CA to Reliable Source, Inc. for $2.9 million, or about $82 per square foot. The buyer is a metal products manufacturer that has leased the building since the summer of 2010. Built in 2005, the property totals 35,347 square feet on 1.7 acres at the northeast corner of Dahlia St. and Jasmine St. in San Bernardino County. Bob Woods of CBRE represented the...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Fontana-Industrial-Trades-for-$29M/144597?ref=/News/Article/Fontana-Industrial-Trades-for-$29M/144597&src=rss

Family Trust Closes on $20M Acquisition in SoCal

The Howard L. Abel Family Trust closed before year-end on two acquisitions of retail centers located in Southern California for an aggregate $19.53 million, or approximately $364 per square foot. In the first sale, the Newport Beach investor paid $12.3 million ($336 psf) for a 36,654-square-foot retail center anchored by Starbucks and Chase Bank located at 17850-17870 Newhope St. in Fountain Valley. The seller was M&J FV Investment LLC. Please...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Family-Trust-Closes-on-$20M-Acquisition-in-SoCal/144616?ref=/News/Article/Family-Trust-Closes-on-$20M-Acquisition-in-SoCal/144616&src=rss

Parcwood Apts Trade for $42.2M

Western National Group purchased the Parcwood Apartments at 1700 Via Pacifica in Corona, CA for $42.2 million, or about $135,000 per unit, from Essex Property Trust, Inc. Built in 1989, the 13-building multifamily community totals 270,000 square feet on 15.4 acres. Parcwood is comprised of 52 studios, 132 one-bedroom, 88 two-bedroom, and 40 three-bedroom units. The property was about 95 percent occupied at the time of sale. Javier Rivera,...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Parcwood-Apts-Trade-for-$422M/144607?ref=/News/Article/Parcwood-Apts-Trade-for-$422M/144607&src=rss

Bridge To Create 3,000 Jobs Annually

LONG BEACH, CA-It will relieve congestion on the road network that directly serves one of the nation’s busiest ports, and will “bring lasting, positive economic impacts across many sectors,” says the mayor.

via Los Angeles http://www.globest.com/news/12_517/losangeles/development/UPDATE-Bridge-To-Create-3000-Jobs-Annually-328715.html

Target Buys Land for New Store

WESTLAKE VILLAGE, CA-The retailer purchases 10.3 acres at Selleck Development Group’s center here for a 139,000-square-foot outlet that will generate $1M in annual local tax revenue.

via Los Angeles http://www.globest.com/news/12_517/losangeles/acquisitions_dispositions/Target-Buys-Land-for-New-Store-328707.html

$1B Bridge Replacement Project Moves Dirt

LONG BEACH, CA-The Gerald Desmond Bridge replacement project is expected to create about 3,000 jobs a year, on average.

via Los Angeles http://www.globest.com/news/12_517/losangeles/development/1B-Bridge-Replacement-Project-Moves-Dirt-328663.html

CoStar's People of Note (Jan. 6-12)

This week's People of Note includes the following markets: Austin, Chicago, Dallas/Fort Worth, Houston, National, New York City, Northern New Jersey, Philadelphia, San Antonio, San Francisco and South Florida. NATIONAL, SAN FRANCISCO Cassidy Turley Taps Northern California Leader Kamm to Serve as President By CoStar Research Cassidy Turley has promoted Michael Kamm to president of the company, assuming t



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CoStars-People-of-Note-Jan-6-12/144643?ref=/News/Article/CoStars-People-of-Note-Jan-6-12/144643&src=rss

Fontana Industrial Trades for $2.9M

Cibaria International, Inc. sold the industrial property at 11109 Jasmine St. in Fontana, CA to Reliable Source, Inc. for $2.9 million, or about $82 per square foot. The buyer is a metal products manufacturer that has leased the building since the summer of 2010. Built in 2005, the property totals 35,347 square feet on 1.7 acres at the northeast corner of Dahlia St. and Jasmine St. in San Bernardino County. Bob Woods of CBRE represented the...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Fontana-Industrial-Trades-for-$29M/144597?ref=/News/Article/Fontana-Industrial-Trades-for-$29M/144597&src=rss

Work Begins on WeHo Retail Complex

WEST HOLLYWOOD, CA- Faring Capital’s 27,000-square-foot complex on Melrose will link the town’s civic corridor to its fashion-heavy Avenues of Art and Design community.

via Los Angeles http://www.globest.com/news/12_516/losangeles/development/Work-Begins-on-WeHo-Retail-Complex-328678.html

Work Begins on WeHo Retail Complex

WEST HOLLYWOOD, CA- Faring Capital’s 27,000-square-foot complex on Melrose will link the town’s civic corridor to its fashion-heavy Avenues of Art and Design community.

via Los Angeles http://www.globest.com/news/12_516/losangeles/development/Work-Begins-on-WeHo-Retail-Complex-328677.html

CIP JV Sells Stone Haven for $10.7M

Freeway Industrial Park LLC has acquired the Stone Haven Business Park in Rancho Cucamonga, CA from CIP Real Estate and an affiliate of Alex. Brown Realty, Inc. for approximately $10.73 million, or $130.70 per square foot. The six-building, 82,071-square-foot office and industrial park was built in the late 1980s at the corner of Haven Ave. and Trademark Pky N. in the Airport Area submarket of San Bernardino County. The park is currently 95 percent...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CIP-JV-Sells-Stone-Haven-for-$107M/144629?ref=/News/Article/CIP-JV-Sells-Stone-Haven-for-$107M/144629&src=rss

$120M Apartment Tower Moves Dirt

LOS ANGELES-Related California’s 19-story apartment tower, designed by architects Arquitectonica, is expected to be completed in the fourth quarter of 2014.

via Los Angeles http://www.globest.com/news/12_516/losangeles/multifamily/120M-Apartment-Tower-Moves-Dirt-328613.html

190,000-SF Twin Towers Changes Hands

AUSTIN-Omninet Capital makes its first Austin acquisition, adding the 88% leased office building to its growing Texas portfolio.

via Los Angeles http://www.globest.com/news/12_516/austin/office/190000-SF-Twin-Towers-Changes-Hands-328632.html

SARES-REGIS Starts $190M Project

LONG BEACH, CA-The 194-acre complex at airstrip here will include about 3.9 million square feet of mixed-use space when it is completed in 2015.

via Los Angeles http://www.globest.com/news/12_516/losangeles/office/SARES-REGIS-Starts-190M-Project-Near-Airport-328642.html

Cassidy Turley Arranges Student Housing Transactions

PHOENIX-The local CRE company handles the 232-unit University Properties Lemon Street Portfolio and the sale of the 88-unit Arizona Commons II in Tucson.

via Los Angeles http://www.globest.com/news/12_516/phoenix/student_housing/Cassidy-Turley-Arranges-Student-Housing-Transactions-328634.html

Family Trust Closes on $20M Acquisition in SoCal

The Howard L. Abel Family Trust closed before year-end on two acquisitions of retail centers located in Southern California for an aggregate $19.53 million, or approximately $364 per square foot. In the first sale, the Newport Beach investor paid $12.3 million ($336 psf) for a 36,654-square-foot retail center anchored by Starbucks and Chase Bank located at 17850-17870 Newhope St. in Fountain Valley. The seller was M&J FV Investment LLC. Please...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Family-Trust-Closes-on-$20M-Acquisition-in-SoCal/144616?ref=/News/Article/Family-Trust-Closes-on-$20M-Acquisition-in-SoCal/144616&src=rss

Arts-Oriented Seniors Project Opens

NORTH HOLLWOOD, CA-Move-ins have started at Meta Housing Corp.’s new NoHo Senior Arts Colony, which includes an on-site theater for live plays.

via Los Angeles http://www.globest.com/news/12_515/losangeles/multifamily/Arts-Oriented-Seniors-Project-Opens-328633.html

Parcwood Apts Trade for $42.2M

Western National Group purchased the Parcwood Apartments at 1700 Via Pacifica in Corona, CA for $42.2 million, or about $135,000 per unit, from Essex Property Trust, Inc. Built in 1989, the 13-building multifamily community totals 270,000 square feet on 15.4 acres. Parcwood is comprised of 52 studios, 132 one-bedroom, 88 two-bedroom, and 40 three-bedroom units. The property was about 95 percent occupied at the time of sale. Javier Rivera,...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Parcwood-Apts-Trade-for-$422M/144607?ref=/News/Article/Parcwood-Apts-Trade-for-$422M/144607&src=rss

Equity Residential to Sell $1.5 Billion of Assets to Goldman, Greystar

CHICAGO - Equity Residential agrees to sell $1.5 billion of its assets to a joint venture between Goldman Sachs and Greystar.

via Los Angeles http://www.globest.com/news/12_514/chicago/corporate_real_estate/Equity-Residential-to-Sell-15-Billion-of-Assets-to-Goldman-Greystar-328529.html

CBRE Buys Atlanta Management Firm

LOS ANGELES-The deal adds 13 million square feet to the company’s management portfolio in the Southeast Region, most of it in the city’s fast-growing Northeast area.

via Los Angeles http://www.globest.com/news/12_513/losangeles/acquisitions_dispositions/CBRE-Buys-Atlanta-Management-Firm-328525.html

ROIC Set to Wrap $114M Retail Buy

LOS ANGELES-The REIT completes the purchase of three Southern California shopping centers and awaits closing on a fourth.

via Los Angeles http://www.globest.com/news/12_512/losangeles/retail/ROIC-Set-to-Wrap-114M-Retail-Buy-328500.html

Houston Tops MSA for Multifamily Property Permitting

HOUSTON-A recent report issued by Axiometrics notes Houston issued permits totaling 11,192 units for the trailing 12 months ending November 2012.

via Los Angeles http://www.globest.com/news/12_512/houston/employment/Houston-Tops-MSA-for-Multifamily-Property-Permitting-328488.html

Hollywood, Downtown Apts. Sell for $24M

LOS ANGELES-The separate deals involve private groups. One group pays $13.5 million for a 45-unit apartment complex, while another has spends $10.8 million for a 128-unit building.

via Los Angeles http://www.globest.com/news/12_512/losangeles/multifamily/Hollywood-Downtown-Apts-Sell-for-24M-328483.html

CoStar's People of Note (Dec. 30-Jan. 5)

This week's People of Note includes the following markets: Atlanta, Chicago, Denver, New York City, Northern New Jersey, Orlando, Philadelphia, Southwest Florida and Tampa Bay. NEW YORK CITY Bermingham Joins USAA Real Estate's NY Regional Office By Laurie Forbes USAA Real Estate Co. hired Thomas V. Bermingham as managing director of investments. He is based in the firm’s new northeast regional branch in New York City. Bermi



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CoStars-People-of-Note-Dec-30-Jan-5/144447?ref=/News/Article/CoStars-People-of-Note-Dec-30-Jan-5/144447&src=rss

AMLI Buys Woodland Hills Apts. for $100M

LOS ANGELES-The all-cash deal for 522 units at 21200 Kittridge St. closes in 30 days.

via Los Angeles http://www.globest.com/news/12_512/losangeles/multifamily/AMLI-Buys-Woodland-Hills-Apartments-for-Over-100M-328464.html

Westwood Completes $200M in 2012 Deals

LOS ANGELES-GlobeSt.com learns exclusively that the firm is reporting one of the most successful years in its 42-year history and anticipates a banner 2013.

via Los Angeles http://www.globest.com/news/12_512/losangeles/retail/Westwood-Completes-200M-in-2012-Deals-328465.html

Dexus Sells Most Of Its U.S. Industrial Portfolio

Dexus Property Group has sold the majority of its U.S. industrial portfolio for $561 million as part of its strategy to exit the U.S. market by April. The Sydney-based company is reallocating proceeds from offshore property sales to core Australian properties, CEO Darren Steinberg said. The sale of 26 of Dexus's 27 American properties was achieved at a significant premium to their book value. The portfolio generated significant interest from...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Dexus-Sells-Most-Of-Its-US-Industrial-Portfolio/144417?ref=/News/Article/Dexus-Sells-Most-Of-Its-US-Industrial-Portfolio/144417&src=rss

'Discount' Retailers To Keep Fast Leasing Rate

LOS ANGELES-Companies that sell inexpensive goods will keep expanding this year, but growth may later slow as retail rents rise.

via Los Angeles http://www.globest.com/news/12_511/losangeles/retail/Discount-Retailers-To-Keep-Fast-Leasing-Rate-328432.html

Dexus Sells Most Of Its U.S. Industrial Portfolio

Dexus Property Group has sold the majority of its U.S. industrial portfolio for $561 million as part of its strategy to exit the U.S. market by April. The Sydney-based company is reallocating proceeds from offshore property sales to core Australian properties, CEO Darren Steinberg said. The sale of 26 of Dexus's 27 American properties was achieved at a significant premium to their book value. The portfolio generated significant interest from...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Dexus-Sells-Most-Of-Its-US-Industrial-Portfolio/144417?ref=/News/Article/Dexus-Sells-Most-Of-Its-US-Industrial-Portfolio/144417&src=rss

Western National Pays $46M for Apartments

LONG BEACH, CA-The 206-unit complex will be added to its newest equity fund.

via Los Angeles http://www.globest.com/news/12_510/losangeles/multifamily/Western-National-Pays-46M-for-Apartments-328409.html

Private Investor Buys Indio Auto Zone

AZO NNN Indio LLC purchased the retail property at 82220 Highway 111 in Indio, CA for $1,564,000, or about $313 per square foot, from a private trust. The building is fully leased on a triple-net basis to Auto Zone with about six years remaining on its lease. Both parties used this property sale to facilitate respective 1031 exchanges. Built in 1997, the freestanding retail shop totals 5,000 square feet on approximately half an acre located...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Private-Investor-Buys-Indio-Auto-Zone/144219?ref=/News/Article/Private-Investor-Buys-Indio-Auto-Zone/144219&src=rss

Sierra Gardens Apts Sell for $5.4M

Tayebi Sierra LLC and SGA Partners LP closed escrow on the purchase of Sierra Gardens Apartment Homes at 16787 Miller Ave. in Fontana, CA. The property sold for $5.4 million, or about $84,000 per unit. The buyers are comprised of a 90-10 partnership, with Tayebi Sierra LLC controlling the larger share. Built in 1972, the multifamily building totals 56,192 square feet on 4.6 acres and consists of 32 two-bed, one-bath and 32 three-bed, one-and...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Sierra-Gardens-Apts-Sell-for-$54M/144218?ref=/News/Article/Sierra-Gardens-Apts-Sell-for-$54M/144218&src=rss

Ontario Warehouse Sells for $3M

Astro Properties LLC purchased the property at 1200 Wanamaker Ave. in Ontario, CA for about $3.07 million, or $68 per square foot, from a private trust. The buyer will be an owner/user doing business as Avatar Technology, Inc. Built in 1985, the property totals 45,202 square feet on 2.6 acres located at the southwest corner of S. Wanamaker Ave. and E. Wall St., just west of the 15 Freeway. Nicholas Chang and Richard Lee of NAI Capital, Inc...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Ontario-Warehouse-Sells-for-$3M/144249?ref=/News/Article/Ontario-Warehouse-Sells-for-$3M/144249&src=rss

Top CRE News for Inland Empire in 2012

Each week, CoStar's Research Analysts and News Team report on the deals and dealmakers in your market, our 14th year serving as a major source of commercial real estate news as the information clearinghouse for commercial real estate. Here is the news CoStar reported on the Inland Empire market that attracted the most readers in 2012: 1. Amazon To Add New Distribution Centers In CA By: Randyl Drummer | May 7, 2012 2. Apartment Portfolio...



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