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Mayor Talks Transit Projects, Future of L.A.

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LOS ANGELES-LA Mayor Antonio Villaraigosa and other experts touched on loan maturities, the economy, and where Los Angeles is headed during ULIs L.A. Urban Marketplace Thursday...Read More

Expert: Its Refreshing to See Some Bottoming Out

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LOS ANGELES-For the first time in a long time, panelists see really good progress occurring such as competition for space in New York, and positive net absorption in Northern California...Read More

Now Is the Time to Get Back in the Game

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LOS ANGELES-Experts at Real Estate 2010 say that values are starting to recover, and if you arent getting back in the game, your business model should be questioned...Read More

Experts: What a Difference a Year Makes

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LOS ANGELES-Virtually all panelists at Real Estate 2010 agreed that, although headwinds remain to be reckoned with, the evidence of recovery keeps piling up....Read More

E! TV In Estimated $115M Lease for 355,000 SF

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LOS ANGELES-The TV network renews its lease for 70% of the office space at 5750 Wilshire Blvd. in a 10-year deal that starts in 2012...Read More

SoCal Edison Buys Office Building for $34M

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ROSEMEAD, CA-The utility acquires the 270,000-square-foot building at 1515 Walnut Grove Ave. from Greenwich, CT-based Hanover Real Estate Partners for $33.75 million....Read More

Jones Lang LaSalle Names Green, Tech Execs

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LOS ANGELES-The company names Peter Belisle as president of energy and sustainability services in the Americas, and hires Michael Siteman as EVP of mission critical solutions...Read More

70 Office Buildings, 29M SF Win LEED Status

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LOS ANGELES-CB Richard Ellis obtains the LEED-EB certifications for existing buildings that the L.A.-based company manages on behalf their owners...Read More

Buyer Finds Unique Opportunity in 53-Unit Deal

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HOLLYWOOD-The buyer of the $7.4-million Franklin Pointe Apartments had some competition since the propertys location attracted a range of private investors in this weeks wrap-up of deals...Read More

CBRE Promotes Gil Borok to CFO

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LOS ANGELES-The new CFO of CB Richard Ellis takes over the post from Bob Sulentic, former president and CFO, who will continue as the companys president...Read More

New AIR Chief Cites Possible Sharing of Listings

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LOS ANGELES-New president Chuck Noble of AIR Commercial Real Estate Association says it's part of the AIR's effort to uncover new opportunities for its members...Read More

Industry Leaders Target 2010 Opportunities

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LOS ANGELES-Top executives will examine opportunities large and small for 2010 and beyond at the upcoming RealShare conference in Downtown L.A. on March 16...Read More

Essex Realty Wins Worldport Assignment

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SAN PEDRO, CA-The Orange County-based property management firm takes over the property management assignment for the 149,111-sqare-foot Worldport Business Center...Read More

Robert Peddicord Joins Younan Properties as COO

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WOODLAND HILLS, CA-The former Arden Realty COO assumes the newly created position at Younan as the locally based company aims to expand its 11-million-square-foot portfolio...Read More

Ocean West Capital Launches, Targets Distress

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SANTA MONICA, CA-Five veteran real estate execs form the new firm to focus on investment, management and advisory services for lenders and owners of distressed assets...Read More

Historic 1920s Parcel Sells for New HQ

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BURBANK, CA-Ardwin Freight plans to build a corporate headquarters and storage facility on the 110,000-square-foot site, which once housed aviation industry pioneers...Read More

$12M NNN, 1031 Sale Closes in Seven Days

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LOS ANGELES-A Los Angeles-based investor buys the portfolio of five NNN-leased Goodyear Tire locations in three states at a cap rate of just under 8.75%...Read More

Kaiser Buys 183,400-SF Kearny Building

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LOS ANGELES- Kaiser Foundation Health Plan acquires the building from Kearny Real Estate and Morgan Stanley Real Estate Investing for an undisclosed price...Read More

Kennedy Wilson Venture Buys $342M Loan Portfolio

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BEVERLY HILLS, CA-A venture of the locally based company and an international financial institution acquire the portfolio from a large regional bank...Read More

Maguire Selling Griffin Towers at Loss

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LOS ANGELES-The REIT is selling the property for $90 million, significantly less than the $200 million it cost to refinance the asset, according to the Wall Street Journal...Read More

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