TruAmerica Lands Class A San Diego MF

OCEANSIDE, CA-The acquisition of the 221-unit Piazza D’Oro townhome complex represents the first acquisition for TruAmerica, recently launched by industry veteran Robert E. Hart and Guardian Life Insurance.

via Los Angeles http://www.globest.com/news/12_725/sandiego/multifamily/TruAmerica-Lands-Class-A-San-Diego-MF-339249.html

HQ Development Finishes Creative Campus

CULVER CITY, CA-HQ Development Group completes construction of a new three-building creative office campus for tech start-up Scopely and HSI Productions.

via Los Angeles http://www.globest.com/news/12_725/losangeles/office/HQ-Development-Completes-Creative-Office-Campus-339246.html

Amazon to Open Fourth CA Fulfillment Center in Moreno Valley

Amazon.com, Inc.is finalizing plans to open a new 1.2 million-square-foot fulfillment center in Moreno Valley, CA, the e-tailer's fourth distribution center in California. The giant online retailer will employ 1,000 people full time at the new center. Amazon’s other sites in the Golden State are located in San Bernardino, and the San Joaquin Valley communities of Patterson and Tracy, said Mike Roth, Amazon’s vice president of North America operations...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Amazon-to-Open-Fourth-CA-Fulfillment-Center-in-Moreno-Valley/153893?ref=/News/Article/Amazon-to-Open-Fourth-CA-Fulfillment-Center-in-Moreno-Valley/153893&src=rss

Crayons Bldg Sells For $1.4 Million

A private investor sold the 10,280-square-foot Palm Springs office building, known as the Crayons Building for $1.35 million, or approximately $131 per square foot. The property is located at 1109-1117 N Palm Canyon Dr. The buyer is another private investor who will continue to lease out the remaining office spaces. Rob Wenthold and Steve Lyle of Coldwell Banker Commercial / Lyle & Associates represented the seller. Mark Spohn of Sperry Van...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Crayons-Bldg-Sells-For-$14-Million/153703?ref=/News/Article/Crayons-Bldg-Sells-For-$14-Million/153703&src=rss

Indiana Professional Plaza Acquired for $1.4M

20-20 Vision Associates purchased the 10,970-square-foot office park known as Indiana Professional Plaza, located at 7359-7379 Indiana Ave. in Riverside, CA, for $1,371,250, or approximately $125 per square foot. The buyer, an optometrist, is relocating from within the city of Riverside and plans to occupy the 7,200-square-foot building at 7379 Indiana Ave. for its business. The current tenant in 7359 Indiana Ave, a real estate firm, will continue...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Indiana-Professional-Plaza-Acquired-for-$14M/153661?ref=/News/Article/Indiana-Professional-Plaza-Acquired-for-$14M/153661&src=rss

JV Buys Value-Add Office Building

DIAMOND BAR, CA-A joint venture between Tryperion Partners and the Muller Co. acquires an 85,536-square-foot value-add office building.

via Los Angeles http://www.globest.com/news/12_725/losangeles/office/JV-Buys-Value-Add-Office-Building-339220.html

Amazon to Open Fourth CA Fulfillment Center in Moreno Valley

Amazon.com, Inc.is finalizing plans to open a new 1.2 million-square-foot fulfillment center in Moreno Valley, CA, the fourth distribution center in California. The giant online retailer will employ 1,000 people full time at the new center. Amazon’s other sites in the Golden State are located in San Bernardino, and the San Joaquin Valley communities of Patterson and Tracy, said Mike Roth, Amazon’s vice president of North America operations. Trammell...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Amazon-to-Open-Fourth-CA-Fulfillment-Center-in-Moreno-Valley/153893?ref=/News/Article/Amazon-to-Open-Fourth-CA-Fulfillment-Center-in-Moreno-Valley/153893&src=rss