CoStar's People of Note (Nov. 18-Dec. 1)

This week's People of Note includes the following markets: Atlanta, National and Philadelphia. NATIONAL Jones Lang LaSalle Names Martin CEO for Americas By Tim Trainor Peter Roberts, Jones Lang LaSalle's chief executive officer for the Americas, will assume a new role as chief strategy officer. He will be succeeded by the firm's current chief operating and financial officer, Lauralee Martin (pictured). Roberts has served as



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CoStars-People-of-Note-Nov-18-Dec-1/143649?ref=/News/Article/CoStars-People-of-Note-Nov-18-Dec-1/143649&src=rss

Berkeley Center Sells for $20M

BERKELEY, CA-Newmark Grubb Knight Frank facilitates the sale and financing of the retail and office center to Hill Street Realty LLC.

via Los Angeles http://www.globest.com/news/12_491/losangeles/acquisitions_dispositions/-327259.html

Brian McAuliffe Rejoins CBRE

LOS ANGELES-McAuliffe will lead the firm's multi-housing investment-sales practice as senior managing director.

via Los Angeles http://www.globest.com/news/12_491/losangeles/multifamily/-327258.html

NorthMarq Arranges $10M Financing

Strata Equity Group, Inc. secured a $10,312,000 mortgage for the acquisition of the High Desert Villas, a senior-living community complex at 16850 Jasmine St. in Victorville, CA. Daniel McCarthy of NorthMarq's Los Angeles office arranged the financing through Freddie Mac. The loan was based on a 10-year term and a 30-year amortization schedule after a two-year, interest-only period. Built in 1990, the multifamily property totals 123,267 square...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/NorthMarq-Arranges-$10M-Financing/143590?ref=/News/Article/NorthMarq-Arranges-$10M-Financing/143590&src=rss

Watch List: Delinquent Sears, Kmart, JCPenney Retail Properties

In this week’s Watch List, CoStar examined CMBS loans for properties in which two of the largest three tenants were either a Sears, Kmart or JCPenney anchor. All three retailers have Fitch Ratings of either B or CCC with negative outlooks. We identified 91 CMBS loans securitized before 2010 that were backed by such properties. The loans are delinquent or were not paid off at maturity on 22 of the 91 properties backing the loans, or 24%. Share...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Watch-List-Delinquent-Sears-Kmart-JCPenney-Retail-Properties/143610?ref=/News/Article/Watch-List-Delinquent-Sears-Kmart-JCPenney-Retail-Properties/143610&src=rss

Aldo Cuts Deal for 47 Bakers Footwear Stores

A buyer has emerged for several of the leasehold interests in Bakers Footwear Group Inc., which is going through a formal Chapter 11 reorganization process following a string of quarterly losses and recent lower than planned sales. Share this story with your followers Tweet The St. Louis, MO-based company operates 215 stores nationwide and employs 459 full-time employees and 3,463 part-time employees. Bakers Footwear incurred net losses...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Aldo-Cuts-Deal-for-47-Bakers-Footwear-Stores/143616?ref=/News/Article/Aldo-Cuts-Deal-for-47-Bakers-Footwear-Stores/143616&src=rss

Raintree Partners Acquires $60M Multifamily Community

VENTURA, CA-The firm was attracted to Archstone's Ventura Colony because of its location-it is within walking distance of high-end retail, a block from the entrance to the 101 Freeway.

via Los Angeles http://www.globest.com/news/12_489/losangeles/multifamily/Raintree-Partners-Acquires-60M-Multifamily-Community-327211.html

High Desert Villas Nets $14M

Strata Equity Group, Inc. purchased High Desert Villas, a senior-living multifamily complex at 16850 Jasmine St. in Victorville, CA from CDC Realty Fund for $13.75 million, or about $59,000 per unit. Built in 1990, the apartments total 123,267 square feet on 9.7 acres located at the northwest corner of Jasmine St. and 1st Ave., just west of Hesperia Road. High Desert Villas consists of 196 one-bed, one-bath and 36 two-bed, one-bath units. Alex...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/High-Desert-Villas-Nets-$14M/143588?ref=/News/Article/High-Desert-Villas-Nets-$14M/143588&src=rss

Law Firms in Driver's Seat in Renter's Market

LOS ANGELES-With the office sector still sluggish, Los Angeles is being dubbed one of the top markets for law firms in the country.

via Los Angeles http://www.globest.com/news/12_489/losangeles/office/-327168.html

NewMark Merrill Adds Property Management Assignments

WOODLAND HILLS, CA-The shopping center contracts total 415,726 square feet and include properties in Santa Monica, West Los Angeles, Culver City, Hacienda Heights, and Northridge, California.

via Los Angeles http://www.globest.com/news/12_489/losangeles/retail/NewMark-Merrill-Adds-Property-Management-Assignments-327142.html

Gateway Tower Adds Tenants After Renovation

BEVERLY HILLS, CA-GlobeSt.com learns exclusively that 9777 Wilshire is fully occupied by financial tenants including TD Ameritrade, Chase Bank and Manufacturers Bank.

via Los Angeles http://www.globest.com/news/12_489/losangeles/development/-327144.html

California Bullish on Housing Despite Deficit, Obstacles

LOS ANGELES-Although recession ravaged the state, speakers at a recent Milken Institute Summit say its real estate industry is growing again, particularly in the housing sector.

via Los Angeles http://www.globest.com/news/12_488/losangeles/residential/-327121.html

JLL Gets Mihalka as New SVP in L.A. Office

LOS ANGELES-Nicole Mihalka will specialize in advising tenants, landlords and investors in the creative office and entertainment sectors in Hollywood and throughout Los Angeles County.

via Los Angeles http://www.globest.com/news/12_488/losangeles/office/JLL-Gets-Mihalka-as-New-SVP-in-LA-Office-327127.html

TA Associates Realty Sells Perris Industrial for $2M

Acumen Electronics purchased the industrial building at 460 Harley Knox Blvd. in Perris, CA for $2,016,855, or about $53 per square foot, from TA Associates Realty. The Corona-based buyer is a manufacturer and supplier of transformers, doing business as Triad Magnetics, Inc. Built in 2007, the property totals 38,018 square feet on 1.9 acres. It is part of the three-building Oleander Industrial Park located at the northeast corner of Harley Knox...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/TA-Associates-Realty-Sells-Perris-Industrial-for-$2M/143051?ref=/News/Article/TA-Associates-Realty-Sells-Perris-Industrial-for-$2M/143051&src=rss

Industrial Asset Fetches $16M for Prism JV

CITY OF INDUSTRY, CA-The 216,048-square-foot rehabilitated and renovated building here is sold to an ethnic food wholesaler and distributor.

via Los Angeles http://www.globest.com/news/12_487/losangeles/industrial/-327119.html

Koyo Purchases Perris Industrial Bldg for $2.4M

Boston-based TA Associates Realty has sold the 46,993-square-foot industrial property located at 440 Harley Knox Blvd. in Perris, CA to Koyo Cooling Systems, Inc. for $2,406,042, or about $51 per square foot. The buyer, an industry-leading, Japan-based manufacturer of radiators, will occupy the building. Built in 2007, the property sits on 1.98 acres in the three-building Oleander Industrial Park located at the northeast corner of Harley Knox...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Koyo-Purchases-Perris-Industrial-Bldg-for-$24M/143050?ref=/News/Article/Koyo-Purchases-Perris-Industrial-Bldg-for-$24M/143050&src=rss

CalPERS’ Real Estate Portfolio Returns Slump

The California Public Employees Retirement System’s (CalPERS) Real assets segment could not duplicate prior quarter’s success, when it was the highest returning major asset class. Share this story with your followers Tweet The investment class, that primarily includes real estate, finished the third quarter with a small positive gain of 0.9%, which trailed both the total fund policy benchmark as well as its own custom policy benchmark (2...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/CalPERS-Real-Estate-Portfolio-Returns-Slump/143324?ref=/News/Article/CalPERS-Real-Estate-Portfolio-Returns-Slump/143324&src=rss

USC Takes Home NAIOP's Challenge This Year

LOS ANGELES-USC team's winning presentation, which beat out UCLA, focused on development of Olympic Commons, a community-oriented and interactive town center, as its solution to the 2012 challenge.

via Los Angeles http://www.globest.com/news/12_487/losangeles/development/USC-Takes-Home-NAIOPs-Challenge-This-Year-327091.html

EVOQ Gains $55M from Non-Core Asset Dispositions

LOS ANGELES-The firm sells nine properties throughout Southern California this year to reinvest in DTLA value-add assets.

via Los Angeles http://www.globest.com/news/12_485/losangeles/accounting/-327037.html

CBRE Acquires London Agency

LOS ANGELES-Independent real estate firm EA Shaw becomes part of CBRE Group Inc.'s Central London business.

via Los Angeles http://www.globest.com/news/12_484/losangeles/acquisitions_dispositions/-327036.html

Kennedy-Wilson Pays $48M for North Hollywood Office Building

LOS ANGELES-Kennedy-Wilson Holdings Inc. has bought Academy Tower, a 175,012-square-foot office complex in North Hollywood.

via Los Angeles http://www.globest.com/news/12_484/losangeles/office/Kennedy-Wilson-Pays-48M-for-North-Hollywood-Office-Building-327020.html

EVOQ Properties Sells Two Los Angeles Industrial Buildings

LOS ANGELES-EVOQ Properties Inc., formerly known as Meruelo Maddux Properties, Inc., has sold two industrial facilities in Los Angeles.

via Los Angeles http://www.globest.com/news/12_484/losangeles/industrial/EVOQ-Properties-Sells-Two-Los-Angeles-Industrial-Buildings-327019.html

DCT Industrial Trust Acquires 563,000-SF Portfolio

LOS ANGELES-DCT Industrial Trust Inc., a Denver-based REIT, has completed the purchase of a four-building industrial portfolio totaling 563,000 square feet in Los Angeles and Chicago.

via Los Angeles http://www.globest.com/news/12_484/losangeles/industrial/DCT-Industrial-Trust-Acquires-563000-SF-Portfolio-327012.html

CIM, Open Realty Buy 130,000-SF Portfolio

DALLAS-The partners pay Andres Properties $50 million for 28 buildings containing retail, restaurant and commercial space along the Henderson Avenue corridor.

via Los Angeles http://www.globest.com/news/12_484/dallas/acquisitions_dispositions/CIM-Open-Realty-Buy-130000-SF-Portfolio-327001.html

Aimco Breaks Ground on $140M Apt. Rehab

VENICE, CA-The redeveloped Lincoln Place is slated to bring up to 800 jobs, economic development and premier apartment living to this area of Los Angeles.

via Los Angeles http://www.globest.com/news/12_484/losangeles/multifamily/-326993.html

User Activity, Growth Potential Drive 300-Acre Sale

AUSTIN-Karlin Real Estate's Matthew Schwab tells GlobeSt.com that user interest in Karlin-owned area properties was the catalyst for its recent land buy.

via Los Angeles http://www.globest.com/news/12_483/austin/acquisitions_dispositions/User-Activity-Growth-Potential-Drive-300-Acre-Sale-326985.html

Coastal Cities Lead Self-Storage Recovery

CALABASAS, CA-Bidding will remain competitive for any new class A listing, which will prompt most investors to pay cash to stave off the competition, says Marcus & Millichap's Michael Hoffman.

via Los Angeles http://www.globest.com/news/12_483/losangeles/self_storage/Coastal-Cities-Lead-Self-Storage-Recovery-326973.html

Academy Tower Sells for $48M

NORTH HOLLYWOOD, CA-Kennedy Wilson purchases the property at 5200 Lankershim Blvd., which is 97% leased.

via Los Angeles http://www.globest.com/news/12_483/losangeles/office/-326974.html

CoStar's People of Note (Nov. 11-17)

This week's People of Note includes the following markets: Austin, Detroit, New York City, Oklahoma City and Tulsa. DETROIT Hayman Co. Names New EVP By Miles Reliford The Hayman Co. based in Troy, MI, appointed Thomas T. Schoenberger as its new executive vice president effective this month. Schoenberger's new capacity at Hayman will involve providing leadership and supervision for the brokerage and property management units to continue...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/CoStars-People-of-Note-Nov-11-17/143395?ref=/News/Article/CoStars-People-of-Note-Nov-11-17/143395&src=rss

Koyo Purchases Perris Industrial Bldg for $2.4M

Boston-based TA Associates Realty has sold the 46,993-square-foot industrial property located at 440 Harley Knox Blvd. in Perris, CA to Koyo Cooling Systems, Inc. for $2,406,042, or about $51 per square foot. The buyer, an industry-leading, Japan-based manufacturer of radiators, will occupy the building. Built in 2007, the property sits on 1.98 acres in the three-building Oleander Industrial Park located at the northeast corner of Harley Knox...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Koyo-Purchases-Perris-Industrial-Bldg-for-$24M/143050?ref=/News/Article/Koyo-Purchases-Perris-Industrial-Bldg-for-$24M/143050&src=rss

CalPERS’ Real Estate Portfolio Returns Slump

The California Public Employees Retirement System’s (CalPERS) Real assets segment could not duplicate prior quarter’s success, when it was the highest returning major asset class. Share this story with your followers Tweet The investment class, that primarily includes real estate, finished the third quarter with a small positive gain of 0.9%, which trailed both the total fund policy benchmark as well as its own custom policy benchmark (2...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/CalPERS-Real-Estate-Portfolio-Returns-Slump/143324?ref=/News/Article/CalPERS-Real-Estate-Portfolio-Returns-Slump/143324&src=rss

Sonnenblick-Eichner Arranges $112M for Hotel Portfolio

BEVERLY HILLS, CA-The non-recourse, first mortgage and mezzanine financing will be for the Cooper Hotel portfolio, an 11-property hotel portfolio totaling 2,130 rooms.

via Los Angeles http://www.globest.com/news/12_482/losangeles/hotel/Sonnenblick-Eichner-Arranges-112M-for-Hotel-Portfolio-326969.html

CoStar's People of Note (Nov. 11-17)

This week's People of Note includes the following markets: Austin, Detroit, New York City, Oklahoma City and Tulsa. DETROIT Hayman Co. Names New EVP By Miles Reliford The Hayman Co. based in Troy, MI, appointed Thomas T. Schoenberger as its new executive vice president effective this month. Schoenberger's new capacity at Hayman will involve providing leadership and supervision for the brokerage and property management units to continue...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CoStars-People-of-Note-Nov-11-17/143395?ref=/News/Article/CoStars-People-of-Note-Nov-11-17/143395&src=rss

General Growth: Slow and Steady Strategy

CHICAGO-Two years after emerging from Chapter 11, the mall owner presents its ambitious $1.6 billion renovation plan and a $1.2 billion loan restructure.

via Los Angeles http://www.globest.com/news/12_482/chicago/retail/General-Growth-Slow-and-Steady-Strategy-326934.html

Office Values, Rents Remain Flat in Q3

LOS ANGELES-Global office real estate values and rents are largely unchanged in Q3 from the previous quarter, according to CBRE Group Inc.

via Los Angeles http://www.globest.com/news/12_482/losangeles/office/-326901.html

Phase I ESAs Rise 6% Year Over Year

TORRANCE, CA-The volume of Phase I Environmental Site Assessments increases in third-quarter 2012, marking three consecutive quarters of growth for this key barometer of the CRE market.

via Los Angeles http://www.globest.com/news/12_482/losangeles/engineering/-326902.html

Wells Fargo, HKS, Riverside Win REmmy Awards

LOS ANGELES-The Southern California Chapter of CoreNet Global recently held its annual REmmy Awards and Charity Gala, recognizing the best in corporate real estate. Nearly 300 professionals were in attendance.

via Los Angeles http://www.globest.com/news/12_481/losangeles/office/Wells-Fargo-HKS-Riverside-Win-REmmy-Awards-326904.html

Urban Partners Adds Executive, Anticipates Growth

LOS ANGELES-Locally-based Urban Partners LLC and Harbor Urban LLC hires David Walker to assist in securing funding for projects, and help grow our portfolio, potentially into additional asset classes.

via Los Angeles http://www.globest.com/news/12_481/losangeles/multifamily/Urban-Partners-Adds-Executive-Anticipates-Growth-326885.html

Koyo Purchases Perris Industrial Bldg for $2.4M

Boston-based TA Associates Realty has sold the 46,993-square-foot industrial property located at 440 Harley Knox Blvd. in Perris, CA to Koyo Cooling Systems, Inc. for $2,406,042, or about $51 per square foot. The buyer, an industry-leading, Japan-based manufacturer of radiators, will occupy the building. Built in 2007, the property sits on 1.98 acres in the three-building Oleander Industrial Park located at the northeast corner of Harley Knox...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Koyo-Purchases-Perris-Industrial-Bldg-for-$24M/143050?ref=/News/Article/Koyo-Purchases-Perris-Industrial-Bldg-for-$24M/143050&src=rss

CalPERS’ Real Estate Portfolio Returns Slump

The California Public Employees Retirement System’s (CalPERS) Real assets segment could not duplicate prior quarter’s success, when it was the highest returning major asset class. The investment class, that primarily includes real estate, finished the third quarter with a small positive gain of 0.9%, which trailed both the total fund policy benchmark as well as its own custom policy benchmark (2.2%). Most of this performance was driven by the...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CalPERS-Real-Estate-Portfolio-Returns-Slump/143324?ref=/News/Article/CalPERS-Real-Estate-Portfolio-Returns-Slump/143324&src=rss

Developing 'New' SoCal Retail Stores

LOS ANGELES-In talking about the assignment to handle project management for the Time Warner Cable's new retail stores, JLL talks about the shift in generational expectations about what a retail experience is supposed to be.

via Los Angeles http://www.globest.com/news/12_480/losangeles/retail/Developing-New-SoCal-Retail-Stores-326823.html

Beachfront Portfolio Lists for $25M

VENICE, CA-GlobeSt.com learns exclusively that an unnamed seller has listed a four-property portfolio here, adding to the spate of activity in the Venice region.

via Los Angeles http://www.globest.com/news/12_480/losangeles/acquisitions_dispositions/Beachfront-Portfolio-Lists-for-25M-326820.html

RPAI Sells Three Value-Add Properties in Texas

OAKBROOK, IL-Retail Properties of American sells the 60,000-SF South Towne Crossing; the 30,000-SF Lake Forest Crossing and the 43,000-SF McDermott Towne Crossing to Westwood Financial.

via Los Angeles http://www.globest.com/news/12_479/chicago/acquisitions_dispositions/RPAI-Sells-Three-Value-Add-Properties-in-Texas-326816.html

Echo Boomers Important Multifamily Driver

BEVERLY HILLS, CA-As Echo Boomers transition into the workforce, they are seeking contemporary product in A+ locations, according to Meyers Research.

via Los Angeles http://www.globest.com/news/12_479/losangeles/multifamily/-326802.html

RPAI Sells Three Texas Value-Add Properties

OAKBROOK, IL-Continuing its non-core disposition strategy, Retail Properties of America sells the 60,000-SF South Towne Crossing; the 30,000-SF Lake Forest Crossing and the 43,000-SF McDermott Crossing to Westwood Financial.

via Los Angeles http://www.globest.com/news/12_473/chicago/retail/RPAI-Sells-Three-Texas-Value-Add-Properties-326798.html

Three-Acre Site Buy Paves Wave for $250M Build

BEVERLY HILLS, CA-Astani Enterprises founder Sonny Astani says 'it is a good time to be an L.A. developer,' as he closes on a $29-million purchase that will soon become 640 apartment units.

via Los Angeles http://www.globest.com/news/12_478/losangeles/multifamily/Three-Acre-Site-Buy-Paves-Wave-for-250M-Build-326797.html

Litek Acquires Chino Industrial For $2.7M

A private investor sold the 33,180-square-foot industrial property at 13970 Benson Ave. in Chino, CA to Litek Composites Corp. for approximately $2.72 million, or $82 per square foot. The China-based buyer is a manufacturer and supplier of high quality fiber-reinforced plastic (FRP) pipes and fittings. Built in 2005, the property sits on 1.44 acres located at the southwest of Benson Ave. and Daniels St. in the heart of Chino. Jason Chao...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Litek-Acquires-Chino-Industrial-For-$27M/143049?ref=/News/Article/Litek-Acquires-Chino-Industrial-For-$27M/143049&src=rss

CoStar's People of Note (Nov. 4-10)

This week's People of Note includes the following markets: Boston, Indianapolis, Minneapolis and Seattle. BOSTON Sidor Joins Cassidy Turley’s Boston Office By Bill Jenkins Carolyn J. Sidor joined Cassidy Turley as the new senior managing director of market development. Sidor will head brokerage operations and the firm’s practice groups which involve data center solutions, health care, law firms, hospitality, food and beverage facil



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/CoStars-People-of-Note-Nov-4-10/143136?ref=/News/Article/CoStars-People-of-Note-Nov-4-10/143136&src=rss

Inland Empire's Select Top Office Leases for Q3 2012

The following is an account of the Inland Empire market's select top four office lease transactions for the third quarter of 2012. The GSA leased 39,024 square feet at 995 E. Hardt St. in the East San Bernardino submarket. Jones Lang LaSalle Americas, Inc. represented the tenant, while CBC Lazar & Assoc. represented the landlord. Epic Management LP leased 35,717 square feet at Orange Plaza in the East San Bernardino submarket. Lee & Associates...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Inland-Empires-Select-Top-Office-Leases-for-Q3-2012/143122?ref=/News/Article/Inland-Empires-Select-Top-Office-Leases-for-Q3-2012/143122&src=rss

Colony Capital Buys 970 REO Homes

Colony Capital LLC has purchased 970 single-family REO properties in California, Arizona and Nevada as part of the Federal Housing Finance Agency (FHFA) pilot efforts to dispose of Fannie Mae's first Real Estate Owned (REO) properties. Colony purchased shares of eight sub-portfolios of residential real estate owned (REO) properties, including tenant-occupied units and vacant single family residential properties. Fannie Mae has retained an interest...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Colony-Capital-Buys-970-REO-Homes/143066?ref=/News/Article/Colony-Capital-Buys-970-REO-Homes/143066&src=rss

Sequoia Real Estate Launches Second Single-Family PE Fund

Sequoia Real Estate Partners launched Pacific Value Opportunities Fund II, which will acquire, renovate, manage and dispose of single-family houses and apartment communities in California. Share this story with your followers Tweet PVOF II will target residential properties of one to four units that are underpriced and/or capable of being renovated or otherwise improved to substantially increase value, resulting in higher disposition prices...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Sequoia-Real-Estate-Launches-Second-Single-Family-PE-Fund/143068?ref=/News/Article/Sequoia-Real-Estate-Launches-Second-Single-Family-PE-Fund/143068&src=rss

Dunkel Bros Pay $1.3M for Corona Industrial

Dunkel Bros. Machinery Moving, Inc. purchased the industrial facility at 1000 El Sobrante Rd. in Corona, CA for $1,315,000, or about $73 per square foot, from Community Bank in an REO sale. This 18,000-square-foot showroom is located at Circle City Dr. on 1.3 acres in Riverside County. Escrow on the investment sale closed in 60 days. Jeff Bischofberger with Lee & Associates represented the buyer. Please see CoStar COMPS #2537118 for additional...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Dunkel-Bros-Pay-$13M-for-Corona-Industrial/142748?ref=/News/Article/Dunkel-Bros-Pay-$13M-for-Corona-Industrial/142748&src=rss

Hudson Pacific JV Gains $342M Office Property

BURBANK, CA-The Pinnacle, a two-building, 625,640-square-foot asset, is 95% leased to high-quality media and entertainment companies.

via Los Angeles http://www.globest.com/news/12_478/losangeles/acquisitions_dispositions/-326779.html

Litek Acquires Chino Industrial For $2.7M

A private investor sold the 33,180-square-foot industrial property at 13970 Benson Ave. in Chino, CA to Litek Composites Corp. for approximately $2.72 million, or $82 per square foot. The China-based buyer is a manufacturer and supplier of high quality fiber-reinforced plastic (FRP) pipes and fittings. Built in 2005, the property sits on 1.44 acres located at the southwest of Benson Ave. and Daniels St. in the heart of Chino. Jason Chao...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Litek-Acquires-Chino-Industrial-For-$27M/143049?ref=/News/Article/Litek-Acquires-Chino-Industrial-For-$27M/143049&src=rss

CoStar's People of Note (Nov. 4-10)

This week's People of Note includes the following markets: Boston, Indianapolis, Minneapolis and Seattle. BOSTON Sidor Joins Cassidy Turley’s Boston Office By Bill Jenkins Carolyn J. Sidor joined Cassidy Turley as the new senior managing director of market development. Sidor will head brokerage operations and the firm’s practice groups which involve data center solutions, health care, law firms, hospitality, food and beverage facil



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CoStars-People-of-Note-Nov-4-10/143136?ref=/News/Article/CoStars-People-of-Note-Nov-4-10/143136&src=rss

$50M Multifamily Tops Out

NORTH HOLLYWOOD, CA-Ferrara, a 308-unit apartment community, is being developed by Alliance Residential Co.

via Los Angeles http://www.globest.com/news/12_477/losangeles/multifamily/-326728.html

Inland Empire's Select Top Office Leases for Q3 2012

The following is an account of the Inland Empire market's select top four office lease transactions for the third quarter of 2012. The GSA leased 39,024 square feet at 995 E. Hardt St. in the East San Bernardino submarket. Jones Lang LaSalle Americas, Inc. represented the tenant, while CBC Lazar & Assoc. represented the landlord. Epic Management LP leased 35,717 square feet at Orange Plaza in the East San Bernardino submarket. Lee & Associates...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Inland-Empires-Select-Top-Office-Leases-for-Q3-2012/143122?ref=/News/Article/Inland-Empires-Select-Top-Office-Leases-for-Q3-2012/143122&src=rss

Colony Capital Buys 970 REO Homes

Colony Capital LLC has purchased 970 single-family REO properties in California, Arizona and Nevada as part of the Federal Housing Finance Agency (FHFA) pilot efforts to dispose of Fannie Mae's first Real Estate Owned (REO) properties. Colony purchased shares of eight sub-portfolios of residential real estate owned (REO) properties, including tenant-occupied units and vacant single family residential properties. Fannie Mae has retained an interest...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Colony-Capital-Buys-970-REO-Homes/143066?ref=/News/Article/Colony-Capital-Buys-970-REO-Homes/143066&src=rss

Sequoia Real Estate Launches Second Single-Family PE Fund

Sequoia Real Estate Partners launched Pacific Value Opportunities Fund II, which will acquire, renovate, manage and dispose of single-family houses and apartment communities in California. Share this story with your followers Tweet PVOF II will target residential properties of one to four units that are underpriced and/or capable of being renovated or otherwise improved to substantially increase value, resulting in higher disposition prices...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Sequoia-Real-Estate-Launches-Second-Single-Family-PE-Fund/143068?ref=/News/Article/Sequoia-Real-Estate-Launches-Second-Single-Family-PE-Fund/143068&src=rss

Dunkel Bros Pay $1.3M for Corona Industrial

Dunkel Bros. Machinery Moving, Inc. purchased the industrial facility at 1000 El Sobrante Rd. in Corona, CA for $1,315,000, or about $73 per square foot, from Community Bank in an REO sale. This 18,000-square-foot showroom is located at Circle City Dr. on 1.3 acres in Riverside County. Escrow on the investment sale closed in 60 days. Jeff Bischofberger with Lee & Associates represented the buyer. Please see CoStar COMPS #2537118 for additional...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Dunkel-Bros-Pay-$13M-for-Corona-Industrial/142748?ref=/News/Article/Dunkel-Bros-Pay-$13M-for-Corona-Industrial/142748&src=rss

CoStar's People of Note (Oct. 28-Nov. 3)

This week's People of Note includes the following markets: Boston, Dallas/Fort Worth, Denver, Pittsburgh, San Francisco and St. Louis. BOSTON Capital Markets Team Joins Avison Young in Boston By Laurie Forbes Avison Young expanded its capital markets business in the New England region with the hiring of three industry veterans. The Boston team gained (pictured from left to right) Michael Smith and Scott Jamieson as



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/CoStars-People-of-Note-Oct-28-Nov-3/142953?ref=/News/Article/CoStars-People-of-Note-Oct-28-Nov-3/142953&src=rss

Malls and Land Shared the Spotlight in October

It's not often that retail and land news vave upstaged office and multifamily news this year; but our readers last month made CoStar News' two special series on the de-malling of America and the rebound in land sales among the most read stories of 2012. Here is what our readers picked as the Top 10 stories of October. No. 10. Avison Young Finding Success In Plan for Building a National CRE Services Brokerage No. 9. The Great Land Price Swing No...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Malls-and-Land-Shared-the-Spotlight-in-October/142952?ref=/News/Article/Malls-and-Land-Shared-the-Spotlight-in-October/142952&src=rss

One Eleven Town Center Adds Two Anchors

Whole Foods Market and Nordstrom Rack have both signed new leases in the One Eleven Town Center shopping center at Town Center Way and Highway 111 in Palm Desert, CA. The regional power center is located across from Westfield Shoppingtown Palm Desert. The property totals approximately 152,413 square feet and was developed in 1987. Portland-based Harsch Investment Properties will be demolishing the now vacant Best Buy and Banner Mattress buildings...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/One-Eleven-Town-Center-Adds-Two-Anchors/142845?ref=/News/Article/One-Eleven-Town-Center-Adds-Two-Anchors/142845&src=rss

Pacific Trust Renews, Expands Headquarters in Irvine Towers

Pacific Trust Bank expanded its corporate headquarters by an additional 21,000 square feet for a total lease commitment of nearly 63,000 square feet in The Irvine Cos' Irvine Towers office complex at 18500 Von Karman Avenue in Irvine, CA. The bank was represented by David Giglio and Lori Smith in Transwestern's Orange County office. The building owner was represented in-house by The Irvine Co.'s Mike Hodges.



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Pacific-Trust-Renews-Expands-Headquarters-in-Irvine-Towers/142869?ref=/News/Article/Pacific-Trust-Renews-Expands-Headquarters-in-Irvine-Towers/142869&src=rss

Market Trend: Inland Empire's Retail Vacancy Decreases to 8.8%

The Inland Empire retail market did not experience much change in market conditions in the third quarter 2012. The vacancy rate went from 8.9% in the previous quarter to 8.8% in the current quarter. Net absorption was positive 233,311 square feet, and vacant sublease space decreased by 88,207 square feet. In second quarter 2012, net absorption was negative 273,001 square feet. Tenants moving into large blocks of space in 2012 include: T...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Market-Trend-Inland-Empires-Retail-Vacancy-Decreases-to-88/142801?ref=/News/Article/Market-Trend-Inland-Empires-Retail-Vacancy-Decreases-to-88/142801&src=rss

Inland Empire's Select Top Office Leases for Q3 2012

The following is an account of the Inland Empire market's select top four office lease transactions for the third quarter of 2012. The GSA leased 39,024 square feet at 995 E. Hardt St. in the East San Bernardino submarket. Jones Lang LaSalle Americas, Inc. represented the tenant, while CBC Lazar & Assoc. represented the landlord. Epic Management LP leased 35,717 square feet at Orange Plaza in the East San Bernardino submarket. Lee & Associates...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Inland-Empires-Select-Top-Office-Leases-for-Q3-2012/143122?ref=/News/Article/Inland-Empires-Select-Top-Office-Leases-for-Q3-2012/143122&src=rss

Avison Young Picks Moore to Run DTLA Office

LOS ANGELES-The firm brings on Moore as principal in its new downtown office and relocates Chris Cooper from its L.A. West office.

via Los Angeles http://www.globest.com/news/12_476/losangeles/retail/-326700.html

Majority Stake in 1.7M-SF Mall Changes Hands

BROOMFIELD, CO-GI Partners sells its 75% ownership stake in FlatIron Crossing to its JV partner, Macerich, for $196 million in cash plus the assumption of a pro rata share of the debt of $127 million, GlobeSt.com has learned.

via Los Angeles http://www.globest.com/news/12_476/denver/retail/Majority-Stake-in-17M-SF-Mall-Changes-Hands-326696.html

Port of Long Beach Board Approves New HQ Move

LONG BEACH, CA-The Port's administrative staff of 350 will move to 4801 Airport Plaza Dr. sometime next year.

via Los Angeles http://www.globest.com/news/12_475/losangeles/office/Port-of-Long-Beach-Board-Approves-New-HQ-Move-326691.html

Colony Capital Buys 970 REO Homes

Colony Capital LLC has purchased 970 single-family REO properties in California, Arizona and Nevada as part of the Federal Housing Finance Agency (FHFA) pilot efforts to dispose of Fannie Mae's first Real Estate Owned (REO) properties. Colony purchased shares of eight sub-portfolios of residential real estate owned (REO) properties, including tenant-occupied units and vacant single family residential properties. Fannie Mae has retained an interest...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Colony-Capital-Buys-970-REO-Homes/143066?ref=/News/Article/Colony-Capital-Buys-970-REO-Homes/143066&src=rss

Sequoia Real Estate Launches Second Single-Family PE Fund

Sequoia Real Estate Partners launched Pacific Value Opportunities Fund II, which will acquire, renovate, manage and dispose of single-family houses and apartment communities in California. PVOF II will target residential properties of one to four units that are underpriced and/or capable of being renovated or otherwise improved to substantially increase value, resulting in higher disposition prices and strong fund profits. Sequoia's founding...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Sequoia-Real-Estate-Launches-Second-Single-Family-PE-Fund/143068?ref=/News/Article/Sequoia-Real-Estate-Launches-Second-Single-Family-PE-Fund/143068&src=rss

Dwight Hotchkiss Named Colliers' US Brokerage President

LOS ANGELES-The firm promotes the former executive managing director of brokerage services, USA, to president after joining the firm in 2010.

via Los Angeles http://www.globest.com/news/12_475/losangeles/other/-326633.html

MPG Relieved of $700M Debt

LOS ANGELES-Expected continued suspension of California's net operating loss tax exemption adds to speculation that the company may sell its office portfolio.

via Los Angeles http://www.globest.com/news/12_475/losangeles/office/-326637.html

Dunkel Bros Pay $1.3M for Corona Industrial

Dunkel Bros. Machinery Moving, Inc. purchased the industrial facility at 1000 El Sobrante Rd. in Corona, CA for $1,315,000, or about $73 per square foot, from Community Bank in an REO sale. This 18,000-square-foot showroom is located at Circle City Dr. on 1.3 acres in Riverside County. Escrow on the investment sale closed in 60 days. Jeff Bischofberger with Lee & Associates represented the buyer. Please see CoStar COMPS #2537118 for additional...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Dunkel-Bros-Pay-$13M-for-Corona-Industrial/142748?ref=/News/Article/Dunkel-Bros-Pay-$13M-for-Corona-Industrial/142748&src=rss

$74M Maintenance, Operations Facility Moves Dirt

LOS ANGELES-McCarthy tells GlobeSt.com that it sees the Los Angeles market as critical for the continued rebound in the Southern California construction market.

via Los Angeles http://www.globest.com/news/12_474/losangeles/development/74M-Maintenance-Operations-Facility-Moves-Dirt-326592.html

Net Lease Investment Strategies Remain Unchanged

LOS ANGELES-Core strategies are not changing dramatically for 2013, say panelists at RealShare Net Lease West.

via Los Angeles http://www.globest.com/news/12_474/losangeles/netlease/-326590.html

Momentum Building in Net Lease Space

LOS ANGELES-Panelists at last week's RealShare Net Lease West conference here say low inventory plus low interest rates equals pent-up demand that will fuel deals once properties come online.

via Los Angeles http://www.globest.com/news/12_473/losangeles/netlease/-326587.html

CoStar's People of Note (Oct. 28-Nov. 3)

This week's People of Note includes the following markets: Boston, Dallas/Fort Worth, Denver, Pittsburgh, San Francisco and St. Louis. BOSTON Capital Markets Team Joins Avison Young in Boston By Laurie Forbes Avison Young expanded its capital markets business in the New England region with the hiring of three industry veterans. The Boston team gained (pictured from left to right) Michael Smith and Scott Jamieson as



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/CoStars-People-of-Note-Oct-28-Nov-3/142953?ref=/News/Article/CoStars-People-of-Note-Oct-28-Nov-3/142953&src=rss

Malls and Land Shared the Spotlight in October

It's not often that retail and land news vave upstaged office and multifamily news this year; but our readers last month made CoStar News' two special series on the de-malling of America and the rebound in land sales among the most read stories of 2012. Here is what our readers picked as the Top 10 stories of October. No. 10. Avison Young Finding Success In Plan for Building a National CRE Services Brokerage No. 9. The Great Land Price Swing No...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Malls-and-Land-Shared-the-Spotlight-in-October/142952?ref=/News/Article/Malls-and-Land-Shared-the-Spotlight-in-October/142952&src=rss

One Eleven Town Center Adds Two Anchors

Whole Foods Market and Nordstrom Rack have both signed new leases in the One Eleven Town Center shopping center at Town Center Way and Highway 111 in Palm Desert, CA. The regional power center is located across from Westfield Shoppingtown Palm Desert. The property totals approximately 152,413 square feet and was developed in 1987. Portland-based Harsch Investment Properties will be demolishing the now vacant Best Buy and Banner Mattress buildings...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/One-Eleven-Town-Center-Adds-Two-Anchors/142845?ref=/News/Article/One-Eleven-Town-Center-Adds-Two-Anchors/142845&src=rss

Pacific Trust Renews, Expands Headquarters in Irvine Towers

Pacific Trust Bank expanded its corporate headquarters by an additional 21,000 square feet for a total lease commitment of nearly 63,000 square feet in The Irvine Cos' Irvine Towers office complex at 18500 Von Karman Avenue in Irvine, CA. The bank was represented by David Giglio and Lori Smith in Transwestern's Orange County office. The building owner was represented in-house by The Irvine Co.'s Mike Hodges.



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Pacific-Trust-Renews-Expands-Headquarters-in-Irvine-Towers/142869?ref=/News/Article/Pacific-Trust-Renews-Expands-Headquarters-in-Irvine-Towers/142869&src=rss

Port of Long Beach Considers Temporary HQ Move

LONG BEACH, CA-If the purchase of 4801 Airport Plaza Dr. is approved, the Port of Long Beach administrative staff, about 350 people, would move to there while a search continues for a permanent headquarters.

via Los Angeles http://www.globest.com/news/12_473/losangeles/office/Port-of-Long-Beach-Considers-Temporary-HQ-Move-326586.html

Archstone Snatches Luxury Community for $56M

STUDIO CITY, CA-GlobeSt.com learns exclusively that a private investment fund sells the centrally located Studio 40-41 here.

via Los Angeles http://www.globest.com/news/12_473/losangeles/multifamily/Archstone-Snatches-Luxury-Community-for-56M-326564.html

CoStar's People of Note (Oct. 28-Nov. 3)

This week's People of Note includes the following markets: Boston, Dallas/Fort Worth, Denver, Pittsburgh, San Francisco and St. Louis. BOSTON Capital Markets Team Joins Avison Young in Boston By Laurie Forbes Avison Young expanded its capital markets business in the New England region with the hiring of three industry veterans. The Boston team gained (pictured from left to right) Michael Smith and Scott Jamieson as



via Inland Empire Commercial Real Estate News From CoStar Group http://65.222.181.98/News/Article/CoStars-People-of-Note-Oct-28-Nov-3/142953?ref=/News/Article/CoStars-People-of-Note-Oct-28-Nov-3/142953&src=rss

Malls and Land Shared the Spotlight in October

It's not often that retail and land news vave upstaged office and multifamily news this year; but our readers last month made CoStar News' two special series on the de-malling of America and the rebound in land sales among the most read stories of 2012. Here is what our readers picked as the Top 10 stories of October. No. 10. Avison Young Finding Success In Plan for Building a National CRE Services Brokerage No. 9. The Great Land Price Swing No...



via Inland Empire Commercial Real Estate News From CoStar Group http://65.222.181.98/News/Article/Malls-and-Land-Shared-the-Spotlight-in-October/142952?ref=/News/Article/Malls-and-Land-Shared-the-Spotlight-in-October/142952&src=rss

One Eleven Town Center Adds Two Anchors

Whole Foods Market and Nordstrom Rack have both signed new leases in the One Eleven Town Center shopping center at Town Center Way and Highway 111 in Palm Desert, CA. The regional power center is located across from Westfield Shoppingtown Palm Desert. The property totals approximately 152,413 square feet and was developed in 1987. Portland-based Harsch Investment Properties will be demolishing the now vacant Best Buy and Banner Mattress buildings...



via Inland Empire Commercial Real Estate News From CoStar Group http://65.222.181.98/News/Article/One-Eleven-Town-Center-Adds-Two-Anchors/142845?ref=/News/Article/One-Eleven-Town-Center-Adds-Two-Anchors/142845&src=rss

Pacific Trust Renews, Expands Headquarters in Irvine Towers

Pacific Trust Bank expanded its corporate headquarters by an additional 21,000 square feet for a total lease commitment of nearly 63,000 square feet in The Irvine Cos' Irvine Towers office complex at 18500 Von Karman Avenue in Irvine, CA. The bank was represented by David Giglio and Lori Smith in Transwestern's Orange County office. The building owner was represented in-house by The Irvine Co.'s Mike Hodges.



via Inland Empire Commercial Real Estate News From CoStar Group http://65.222.181.98/News/Article/Pacific-Trust-Renews-Expands-Headquarters-in-Irvine-Towers/142869?ref=/News/Article/Pacific-Trust-Renews-Expands-Headquarters-in-Irvine-Towers/142869&src=rss

Market Trend: Inland Empire's Retail Vacancy Decreases to 8.8%

The Inland Empire retail market did not experience much change in market conditions in the third quarter 2012. The vacancy rate went from 8.9% in the previous quarter to 8.8% in the current quarter. Net absorption was positive 233,311 square feet, and vacant sublease space decreased by 88,207 square feet. In second quarter 2012, net absorption was negative 273,001 square feet. Tenants moving into large blocks of space in 2012 include: T...



via Inland Empire Commercial Real Estate News From CoStar Group http://65.222.181.98/News/Article/Market-Trend-Inland-Empires-Retail-Vacancy-Decreases-to-88/142801?ref=/News/Article/Market-Trend-Inland-Empires-Retail-Vacancy-Decreases-to-88/142801&src=rss

CoStar's People of Note (Oct. 21-27)

This week's People of Note includes the following markets: Boston, Chicago, Northern New Jersey and New York City. BOSTON Hughes Joins JLL Boston as Managing Director By Laurie Forbes Jones Lang LaSalle bolstered its capital markets platform by adding Jessica Hughes as a managing director in Boston. She will partner with Regional Leader Frank Petz and help expand JLL’s New England investment sales team. Hughes is a global i



via Inland Empire Commercial Real Estate News From CoStar Group http://65.222.181.98/News/Article/CoStars-People-of-Note-Oct-21-27/142778?ref=/News/Article/CoStars-People-of-Note-Oct-21-27/142778&src=rss

10.3-Acre Ontario Lot Sells For $3.1M

GM Ontario Investment LLC has sold the 10.32-acre lot located at the southwest corner of S. Haven Ave. and E. Riverside Dr. in Ontario, CA to Premier Investment Enterprises, Inc. for $3,146,000. The buyer is an investor who plans to hold the land for future development opportunities. The lot is zoned SP-NC/OS/R according to County Assessor records. Jason Chao and Cannon Chang of CBRE represented the seller. Peter Loh of RE/MAX Realty 100 represented...



via Inland Empire Commercial Real Estate News From CoStar Group http://65.222.181.98/News/Article/103-Acre-Ontario-Lot-Sells-For-$31M/142259?ref=/News/Article/103-Acre-Ontario-Lot-Sells-For-$31M/142259&src=rss

Chino Industrial Acquired For $5.1M

SBC Enterprise LLC purchased the industrial building at 13900 Sycamore Way in Chino, CA for $5,126,500, or about $78 per square foot, from a private trust. The buyer will be operating its DVD manufacturing business at the subject property. Built in 1986, the building totals 65,837 square feet on 4.8 acres located east of Oaks Ave., between Schaefer and Edison Avenues. Mark Kegans and Ron Washle of Newmark Grubb Knight Frank represented the...



via Inland Empire Commercial Real Estate News From CoStar Group http://65.222.181.98/News/Article/Chino-Industrial-Acquired-For-$51M/142258?ref=/News/Article/Chino-Industrial-Acquired-For-$51M/142258&src=rss

CoStar's People of Note (Oct. 28-Nov. 3)

This week's People of Note includes the following markets: Boston, Denver and St. Louis. BOSTON Capital Markets Team Joins Avison Young in Boston By Laurie Forbes Avison Young expanded its capital markets business in the New England region with the hiring of three industry veterans. The Boston team gained (pictured from left to right) Michael Smith and Scott Jamieson as principals and Brandon Dickason as a vice pres



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CoStars-People-of-Note-Oct-28-Nov-3/142953?ref=/News/Article/CoStars-People-of-Note-Oct-28-Nov-3/142953&src=rss

Malls and Land Shared the Spotlight in October

It's not often that retail and land news has upstaged office and multifamily news this year; but our readers last month made CoStar News' two special series on the de-malling of America and the rebound in land sales among the most read stories of 2012. Here is what our readers picked as the Top 10 stories of October. No. 10. Avison Young Finding Success In Plan for Building a National CRE Services Brokerage No. 9. The Great Land Price Swing No...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Malls-and-Land-Shared-the-Spotlight-in-October/142952?ref=/News/Article/Malls-and-Land-Shared-the-Spotlight-in-October/142952&src=rss

Hendricks' Apartments Party Bowls Over

LOS ANGELES-Hendricks & Partners' pre-conference cocktail party at L.A. Live Lucky Strike Bowling Lanes, hosts more than 150 clients and peers.

via Los Angeles http://www.globest.com/news/12_471/losangeles/multifamily/-326475.html