Bottega Louie Inks 15-Year Lease Downtown

LOS ANGELES-Restaurant Bottega Louie signs a 15-year lease with the Swig Co. to expand its restaurant operations downtown.

via Los Angeles http://www.globest.com/news/12_702/losangeles/retail/Bottega-Louie-Inks-15-Year-Lease-Downtown-338115.html

Lease Restructure Saves Seven Figures

LOS ANGELES-Sugar Foods restructures the terms of its seven-year lease with Invesco to save seven figures in one year.

via Los Angeles http://www.globest.com/news/12_702/losangeles/industrial/Lease-Restructure-Saves-Seven-Figures-338116.html

Walmart Presence Positive in Albuquerque Center Sale

ALBUQERQUE, NM-Colliers International brokers representing the seller in the 50,000-square-foot disposition say having Walmart as a shadow anchor boosted the asset's appeal.

via Los Angeles http://www.globest.com/news/12_702/southwest/retail/Walmart-Presence-Positive-in-Albuquerque-Center-Sale-338098.html

Californians Finalize Big MOB Purchase

DAYTON—The Los Angeles-based DealPoint Merrill says they have closed escrow on St. Elizabeth, an 821,319-square-foot medical office complex in Dayton.

via Los Angeles http://www.globest.com/news/12_702/midwest/medical_office/Californians-Finalize-Big-MOB-Purchase-338097.html

Industrial Development Breaks Record

LOS ANGELES-New research from CBRE shows Southern California 3Q industrial development tops record-breaking levels since the recession.

via Los Angeles http://www.globest.com/news/12_702/losangeles/industrial/Industrial-Development-Breaks-Record-338082.html

CoStar's People of Note (Sept. 22 - 28)

It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City, Atlanta, San Diego, Los Angeles, Hampton Roads, Richmond, Chicago, Houston, Tucson, New Jersey, and Portland. NEW YORK CITY Ludeman Named Global President Capital Markets at CBRE By Caitlin Wilson

Corona Industrial Sold for $2.9M

Tom Hofmann purchased the industrial property at 1128 W. Bradford Cir. in Corona, CA from MT LAM LLC for approximately $2.93 million, or $85 per square foot. The buyer is an owner/user who is relocating his tire business, Freedom Tire Distributing, from another industrial property in the City of Corona. Built in 1986, the building totals 34,450 square feet on 1.5 acres, part of the Lincoln Business Center located at the southwest corner of N. Lincoln...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Corona-Industrial-Sold-for-$29M/152642?ref=/News/Article/Corona-Industrial-Sold-for-$29M/152642&src=rss