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Thursday, June 5, 2014

CA Redevelopment Agency Completes Final Project

COMPTON, CA--The last development project to be funded through bonds from the California Redevelopment Agency, the Compton Community Center holds its official grand opening.



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Mercedes Builds 1.1M SF Regional Facility

LONG BEACH, CA--Formerly occupied by Boeing, the facility will serve as Mercedes Benz USA's Western Region vehicle preparation center and learning and performance center.



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Ashley Furniture Debuts 50,000-SF Store

LOS ANGELES--The Hodgdon Group completes construction of the former FAMSA building, marking the completion of the development firm's 19th Ashley Furniture store.



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Wednesday, June 4, 2014

Transwestern Expands Capital Markets Team

LOS ANGELES--Josh Swartz and Josh Kaplan join the firm's capital markets team as SVPs to focus on multifamily investment sales and development in Southern California.



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Office Sector Still Struggling

LOS ANGELES--The latest office market reports show the sector is down 16.4% from the previous quarter, largely due to poor job growth and the trend toward smaller, open-format office spaces.



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Fashion District Next for Revitalization

LOS ANGELES--The two-acre City Market South begins construction on a multi-million dollar renovation project, the first phase of the 10-acre City Market of Los Angeles mixed-use development.



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New Found Capital Expands Retail Role

LOS ANGELES--Locally based Brandi Popovich, recruiting professional at RETS Associates, EXCLUSIVELY tells GlobeSt.com that as more directors of development and managers of investment are being placed at retail firms of all sizes, the roles and responsibilities are expanding.



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