Market Trend: Select Top Three Inland Empire Retail Leases Signed in Q2 2013

The select top retail lease signed during the second quarter of 2013 in the Inland Empire market was at Waring Plaza in the Coachella Valley submarket. Capital Realty, Inc. represented the landlord in a 50,000-square-foot lease there, while Western Retail Advisors represented the tenant. Vons renewed its 43,615-square-foot lease in a direct deal at Palms to Pines West in the Coachella Valley submarket. Staples leased 30,087 square feet at...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Market-Trend-Select-Top-Three-Inland-Empire-Retail-Leases-Signed-in-Q2-2013/152131?ref=/News/Article/Market-Trend-Select-Top-Three-Inland-Empire-Retail-Leases-Signed-in-Q2-2013/152131&src=rss

Allen Matkins Names New Senior Counsel

LOS ANGELES-Real estate and business law firm Allen Matkins promotes six of its current associates to the position of senior counsel.

via Los Angeles http://www.globest.com/news/12_686/losangeles/employment/Allen-Matkins-Names-New-Senior-Counsel-337329.html

CoStar's People of Note (Sept. 1 - 7)

This week's People of Note includes the following markets: South Florida, Dallas, Northern New Jersey, Indianapolis, San Francisco, New York City, Jacksonville, Portland, Tampa, Greenville, Los Angeles, Chicago, and Phoenix. SOUTH FLORIDA Ross Appointed to CFO at Trade Street By Justin Sumner Trade Street Residential, Inc., an owner and operator of apartment communities across the southeastern US, has appoi



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CoStars-People-of-Note-Sept-1-7/152094?ref=/News/Article/CoStars-People-of-Note-Sept-1-7/152094&src=rss

Kennedy Wilson and Partner Drop $388M for UK Retail Portfolio

BEVERLY HILLS, CA and the UK-Eight properties include leading retail tenants like Marks & Spencer, Asda, and River Island.

via Los Angeles http://www.globest.com/news/12_686/international/Kennedy-Wilson-and-Partner-Drop-388M-for-UK-Retail-Portfolio-337300.html

The Laramar Group Gains 7,000 Units

LOS ANGELES-The Laramar Group acquires JB Partners Group, gaining five new properties and adding 7,000 units to its property management portfolio.

via Los Angeles http://www.globest.com/news/12_686/losangeles/acquisitions_dispositions/The-Laramar-Group-Gains-7000-Units-337303.html

84% LTV Financing for Distressed Retail?

LOS ANGELES-In spite of negative attributes, in this EXCLUSIVE look behind the deal, a downtown L.A. retail property that was 45% occupied convinced a lender to take it on.

via Los Angeles http://www.globest.com/news/12_686/losangeles/retail/84-LTV-Financing-for-Distressed-Retail-337270.html

Solar Carports Set to Generate 500KW

LOS ANGELES-SolarWorld, the largest US solar manufacturer, begins building four solar carports in Thousand Oaks with the ability to generate more than 500 kilowatts of power.

via Los Angeles http://www.globest.com/news/12_685/losangeles/development/Solar-Carports-Set-to-Generate-500KW-337276.html