WASHINGTON, D.C. - November 19, 2014 - (RealEstateRama) -- StarPoint Properties, an industry leader in acquiring, developing and re-positioning multifamily projects, has purchased the $51.75 million Lafayette Parc Apartments in West Covina, California. The 236,000-square-foot property is comprised of 259 units and is located at 624 South Glendora Ave. The name of the seller was not disclosed.
LOS ANGELES - November 14, 2014 - (RealEstateRama) -- BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has announced the hire of Andrew Van Tuyle as chief acquisition officer. In this role, Van Tuyle will be responsible for the firm’s property and debt acquisitions throughout the Southwest
LOS ANGELES - November 11, 2014 - (RealEstateRama) -- HGA Architects and Engineers (HGA) has hired Celine Larkin, AIA, LEED AP, as associate vice president and senior planner in the Los Angeles office. She will direct planning across the firm’s growing healthcare, higher education and public/corporate practice groups
CHARLOTTE, N.C./LOS ANGELES - November 7, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Publix Super Markets has now opened as the new anchor tenant at WFC’s fully-leased Steele Creek Crossing in Charlotte, North Carolina. This lease marks one of seven Bi-Lo locations Publix has taken over in the Charlotte area.
LOS ANGELES - November 7, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has negotiated a 10-year retail lease for Panera Bread, a bakery-café chain with locations nationwide. Located at 10990 Jefferson Blvd. within the Studio Village Center, the 5,100-square-foot property will house the first Panera Bread in Culver City.
POMONA, Calif. - November 5, 2014 - (RealEstateRama) -- C.W. Driver, a premiere builder serving California since 1919, has announced the construction completion on the $45.9 million Cal Poly Pomona student recreation center, the Bronco Recreation and Intramural Complex (BRIC). The new LEED® Silver certified, 126,000-square-foot project was completed in September 2014.
WASHINGTON, D.C. - November 5, 2014 - (RealEstateRama) -- Robertson has rejoined HGA Architects and Engineers as associate vice president and business developer in the Los Angeles office. Robertson, who previously served as HGA's business developer between 2006 and 2010, will implement new business and marketing strategies in healthcare, higher education and government/corporate market sectors in southern California.
SOUTH GATE, Calif. - October 28, 2014 - (RealEstateRama) -- Construction on the Nadel-designed Azalea Regional Shopping Center is now complete, bringing a new 32-acre retail hub to the city of South Gate, California. Located at 4635 Firestone Blvd., and owned by Primestor Development, Inc., the project includes more than 370,000 square feet of retail space and 37 stores. Construction on the site kicked off in September 2012 and was completed in August 2014
DALLAS/LOS ANGELES - October 28, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Rally House has signed a 10-year lease for a 6,203-square-foot location at WFC’s Old Town Shopping Center, located on Greenville Avenue and Lovers Lane, in Dallas, which opened on August 29. The addition of Rally House, a specialty sports boutique, further diversifies the center’s retail offerings. With tenants that include eateries, medical services, fitness centers and home décor outlets, the center continues to meet the region’s evolving consumer demographic.
SPARKS, Nev./LOS ANGELES - October 24, 2014 - (RealEstateRama) -- BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has purchased Los Altos Crossing, a retail center located at Sparks Boulevard and Los Altos Parkway in Sparks, Nevada, for $6 million.
WASHINGTON, D.C. - October 16, 2014 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson has announced the hire of Victor Russo, CCIM, CPM®, and Su Kosub, CCIM, to the firm’s Properties Group in Austin, Texas. Russo has been appointed as the regional director of acquisitions and investment sales, and Kosub as senior director of investment sales and leasing. With these hires, Kennedy Wilson continues its momentum from the additions to the firm’s San Antonio office earlier this year to further expand its presence in Texas
LAGUNA HILLS, Calif. - October 2, 2014 - (RealEstateRama) -- The Village at Nellie Gail Ranch (The Village), a shopping center located at the intersection of Moulton Parkway and La Paz Road in Laguna Hills, California, is now open to local shoppers after a $17 million extensive remodel and expansion by Nadel, incorporating 28,000 additional square feet of retail space. The Village was originally built in the 1980s and now includes approximately 88,000 square feet of retail
RICS HOSTING INTERNATIONAL INVESTMENT PANEL AT THE INTERNATIONAL MONETARY FUND WITH KEY GLOBAL INVESTORS
WASHINGTON, D.C. - September 17, 2014 - (RealEstateRama) -- RICS, a global professional organization which promotes and enforces the highest professional qualifications and standards in the development and management of real estate, property and construction, will host a panel presentation on international investment at the International Monetary Fund in Washington D.C. on Sept. 17, 2014, from 6 p.m. to 8 p.m., bringing together international investors on a global platform for an evening of networking and discussion.
LOS ANGELES – Sept. 11, 2014 – C.W. Driver, a premiere builder serving California since 1919, has begun construction on Fountainview at Gonda West Los Angeles Westside Campus. Situated on 2.5 acres in the Playa Vista neighborhood, the 460,000-square-foot continuing care retirement community will provide more than 500 Westside seniors with a full range of active living, healthcare and in-home services. Designed by Gensler, the $100 million complex will feature 175 luxurious apartment units for independent living as well as 24 assisted living and memory care. Construction is scheduled for completion in 2016.
PHOENIX/LOS ANGELES - September 6, 2014 - (RealEstateRama) -- BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has purchased the Shasta Beverages, Inc. warehouse facility, located at 301 S. 29th St. in Phoenix, for $1.9 million. The all-cash deal closed in 18 days.
IRVINE, Calif. - September 5, 2014 - (RealEstateRama) -- With more than 17 years of diverse experience and industry knowledge, Brian Chartrand, LEED-AP, has been named president of Driver URBAN, a subsidiary of C.W. Driver. Answering the increased demand for higher density, urban living, Driver URBAN specializes in the construction of multi-family apartments, mixed-use developments, student and senior housing, affordable housing, and hospitality projects. Chartrand oversees all operations and client relations at Driver URBAN in his role as president in addition to sitting on the executive board of the parent company
ROCK HILL, S.C. /LOS ANGELES - September 2, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Publix Super Markets has now opened as the new anchor tenant at WFC’s Cherry Road Crossing, located off the Cherry Road exit on Highway 77 in Rock Hill, South Carolina, replacing Bi-Lo
WASHINGTON, D.C. - August 28, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has announced that it represented the buyer in the sale of a self-storage portfolio for $16.4 million. Family-owned by the AMS Group for more than 40 years, the portfolio consists of three properties totaling 158,000 square feet located throughout Los Angeles and Riverside counties
LOS ANGELES - August 19, 2014 - (RealEstateRama) -- Nadel-designed Juanita Tate Marketplace is now open, bringing 77,096 square feet of outdoor retail space with a full-service grocery to the highly underserved surrounding community. Located at 944 East Slauson Avenue in South Los Angeles, the $21 million development is situated on a 6.5-acre site, which was formerly used as a scrap-metal plant. Construction began in May 2013 and completed in April 2014
SAN FRANCISCO - August 19, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has been awarded the property management contract for 555 Montgomery Street, an 18-floor, Class A office building located in the heart of San Francisco’s financial district
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