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Wednesday, November 27, 2013

USC Victors at Annual NAIOP Challenge

LOS ANGELES-At the NAIOP Real Estate Challenge, graduate students from UCLA and USC presented competing proposals for an 11-acre development site on Pacific Coast Highway.






via Los Angeles http://www.globest.com/news/12_744/losangeles/development/USC-Victors-at-Annual-NAIOP-Challenge-340242.html

Nadel Architects Completes $165M MF Complex

MARINA DEL REY, CA-The Shores, a 544-unit multifamily complex with 12, five-story buildings, completes construction and launches leasing efforts.






via Los Angeles http://www.globest.com/news/12_744/losangeles/multifamily/Nadel-Architects-Completes-165M-MF-Complex-340243.html

Industry Leaders Raise $30,000 for Charity

LOS ANGELES-Commercial real estate industry leaders gather for the first annual Padres Casino Night to help raise $30,000 for the children's cancer charity Padres Contra El Cancer.






via Los Angeles http://www.globest.com/news/12_744/losangeles/other/Industry-Leaders-Raise-30000-for-Charity-340205.html

Tuesday, November 26, 2013

Market Trend: Inland Empire's Retail Deliveries, Construction and Inventory

During the third quarter 2013, 11 retail buildings totaling 130,970 square feet were completed in the Inland Empire retail market. Over the past four quarters, a total of 601,403 square feet of retail space has been built in Inland Empire. In addition to the current quarter, 13 buildings with 78,660 square feet were completed in second quarter 2013, 14 buildings totaling 313,193 square feet completed in first quarter 2013, and 78,580 square feet...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Market-Trend-Inland-Empires-Retail-Deliveries-Construction-and-Inventory/154897?ref=/News/Article/Market-Trend-Inland-Empires-Retail-Deliveries-Construction-and-Inventory/154897&src=rss

Modera Miramar Complex Sells for $70M

MIRAMAR, FL-An affiliate of IMT Residential of Sherman Oaks, CA has acquired the Modera Miramar apartment complex here for $70 million.






via Los Angeles http://www.globest.com/news/12_743/miami/multifamily/Modera-Miramar-Complex-Sells-for-70M-340193.html

Home Prices Post Biggest Gains Since '06

NEW YORK CITY-However, S&P Dow Jones Indices’ David M. Blitzer notes that the strong resurgence of home prices in the West is “sparking questions and concerns about the possibility of another bubble.”






via Los Angeles http://www.globest.com/news/12_743/national/multifamily/Home-Prices-Post-Biggest-Gains-Since-06-340178.html

Majestic Realty Co. Launches Office Build

SAN GABRIEL VALLEY, CA-Majestic Realty Co. reveals plans for a 166,406-square-foot office building with Bank of the West in agreement to sign a 93,058-square-foot lease.






via Los Angeles http://www.globest.com/news/12_743/losangeles/office/Majestic-Realty-Co-Launches-Office-Build-340176.html