Wednesday, June 16, 2021

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Colorado Park

PALO ALTO HOUSING UNVEILS REVITALIZED AFFORDABLE HOUSING IN PALO ALTO

On August 17, 2017, Palo Alto Mayor Greg Scharff, City Council Members, and other local leaders gathered to celebrate the grand re-opening of Colorado Park Apartments, an affordable residential rental community developed by Palo Alto Housing (PAH).
PHL Image Vitae Construction

Grand Opening of VITAE, a New Modern Home Community in Costa Mesa

The countdown to the grand opening has begun for VITAE, a collection of 20 detached single-family homes in the heart of Costa Mesa, developed by Newport Beach-based Planet Home Living and designed by international award-winning KTGY Architecture + Planning of Irvine. KTGY and Planet Home Living have partnered on many successful small-lot communities around the greater Los Angeles area.
Hilltop Mall

LBG and Aviva Investors Acquire Hilltop Mall in San Francisco East Bay

LBG Real Estate Companies and Aviva Investors today announced the purchase of Hilltop Mall, a 1,100,000-square-foot regional mall in the East Bay city of Richmond, Calif. The property, located at 2200 Hilltop Mall Road, was originally developed in 1976 and renovated in 2007, and encompasses approximately 77 acres of land prominently located at the Hilltop Mall exit off of Interstate-80.
Taco Bell Stockton

Hanley Investment Group Arranges Sale of Single-Tenant NNN Taco Bell in Stockton for $882...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a single-tenant absolute net-leased Taco Bell property located at 627 N. Wilson Way in Stockton, Calif. The tenant has a 48-year operating history at this location. The purchase price was $1.45 million or $882 per square foot.
Elan Menlo Park_elevation

KTGY-designed Elan Menlo Park Targets Silicon Valley’s “Creatives”

International award-winning firm KTGY Architecture + Planning is pleased to announce that Elan Menlo Park, a 146-unit luxury apartment community in Menlo Park, Calif., is nearly complete and has begun leasing. Developed byCityView and Greystar, Elan Menlo Park is a contemporary-designed apartment community located at 3645 Haven Avenue, near major employers, restaurants, shopping, services, medical, education and transit.
LA Fitness Montebello

Hanley Investment Group Completes Sale of Single-Tenant LA Fitness in Los Angeles

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, has completed the sale of a single-tenant net-lease retail investment occupied by LA Fitness in Montebello, California. The price could not be disclosed.
T.J. Maxx

Hanley Investment Group Completes Sale of Brand New Two-Tenant Retail Property in La Quinta,...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a two-tenant retail building occupied by T.J. Maxx and ULTA Beauty at 78-825 Highway 111 in La Quinta, Calif. The 33,708-square-foot pad building is part of Washington Park Shopping Center, which includes major tenants Target, Lowe’s, Trader Joe’s, ALDI, Stein Mart and Century Theatres. The sale price was $8,862,500.
Berkeley Lab

Berkeley Lab Helps California Get to Zero Net Energy Homes

California has established ambitious goals to reduce energy consumption in buildings, including a policy goal for all new residential buildings to be zero net energy (ZNE) by 2020. Now the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) has launched two projects to help the state meet its ZNE building goals.
Rite Aid_Menifee

Hanley Investment Group Arranges Sale of Single-Tenant NNN Rite Aid in Menifee, Calif., for...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant absolute net-lease Rite Aid property located at 28995 Newport Road in Menifee, Calif.

Homeless Man Sentenced For Biting Off Coffee Shop Owner’s Fingertip

A 31-year-old transient was sentenced today to two years in state prison for biting off the fingertip of a coffee shop owner in Venice, the Los Angeles County District Attorney’s Office announced. Jonathan Shain Lemmons pleaded no contest to one count of mayhem before being sentenced by Los Angeles County Superior Court Judge Elden Fox.

Mayor Lee Announces New Partnership with MAC AIDS Fund in San Francisco’s Aim to...

Mayor Edwin M. Lee today announced San Francisco’s intention to become the first city to “get to zero” in the battle against HIV/AIDS. Once the epicenter of the AIDS crisis and now a world leader in HIV/AIDS response, San Francisco is well-positioned to reach zero new HIV infections, zero deaths and zero stigma.

California Members of Congress Urge Governor Brown to Expand Homeless Student Program

Congressman Mark DeSaulnier (CA-11), joined by Reps. Anna G. Eshoo (CA-18), Mike Honda (CA-17), Jared Huffman (CA-2), Barbara Lee (CA-13), Scott Peters (CA-52) and 18 other California House Members, urged Governor Jerry Brown to address the unmet needs of California’s nearly 300,000 homeless schoolchildren through the expansion of the School Supplies for Homeless Children Fund.

California State Historical Resources Commission To Consider Eight Properties for Action

The California State Historical Resources Commission will consider seven nominations for federal historic designation, and one nomination for state historic designation this Friday October 30, 2015.

Feinstein Announces Infrastructure Funds for California

Senator Dianne Feinstein (D-Calif.) today announced the U.S. Department of Transportation will award three California projects with grants from this year’s Transportation Investment Generating Economic Recovery (TIGER) program

CITY OF SACRAMENTO ENCOURAGES VOLUNTARY ONE DAY PER WEEK WATERING

The City of Sacramento used 26.5 percent less water in September compared to the same period in 2013, just over one percent shy from meeting the water conservation savings goal of 28%.  The City is pleased with the continued water conservation efforts of our customers, however, with the temperatures dropping and the days getting shorter, the City is encouraging a drought call to action – for customers to voluntarily water no more than one day per week starting now. 

House Energy and Commerce Democrats Express Strong Support for Mental Health Reform

Members of the House Energy & Commerce Committee expressed their strong support for mental health reform in a letter to Chairman Upton and Ranking Member Pallone. Committee members urged colleagues to support legislative reforms that prioritize the needs of patients and families experiencing mental illness

California pending home sales a mixed bag in September

Pending home sales results varied across California in September, decreasing statewide and in Southern California, but increasing in the Central Valley and San Francisco Bay Area, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. All regions recorded year-over-year improvements, though.

Rep. Walters Applauds Markup of Surface Transportation Reauthorization and Reform Act

U.S. Representative Mimi Walters (CA-45) today released the following statement after the House Transportation and Infrastructure Committee markup of H.R. 3763, the Surface Transportation Reauthorization and Reform (STRR) Act of 2015. The bipartisan legislation reauthorizes and reforms federal highway, transit, and highway safety programs. As a member of the House Transportation and Infrastructure Committee, Rep. Walters offered two provisions which were included in the reported bill, including

BROWNLEY AMENDMENTS APPROVED BY HOUSE COMMITTEE

The House Transportation and Infrastructure Committee approved the Surface Transportation Reauthorization and Reform Act of 2015 (H.R. 3763), a six-year bill to authorize highway and transit programs across the United States. Several amendments to benefit Ventura County and authored by Congresswoman Julia Brownley (D-Westlake Village) were approved by the Committee.

Hundreds Protest SCE’s Anti-Solar Proposal near California Public Utility Commission’s LA Headquarters

More than 300 Southern Californians, armed with signs and chants, rallied on Wednesday to protest Southern California Edison’s (SCE) proposal to the California Public Utilities Commission (CPUC) that would cripple rooftop solar power and eliminate consumer choice

Business Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

Recent Gov & Nonprofit Real Estate Press Releases

AGC

PRODUCER PRICES FOR CONSTRUCTION MATERIALS AND SERVICES JUMP 24 PERCENT OVER...

Construction Association Calls on President to Immediately End Tariffs and Quotas on Steel, Aluminum, and Lumber as First Step to Easing Pressure on Construction Costs and Supply-Chain