Archive for July, 2007

Redondo Beach Listings - 240 THE VILLAGE #102,

240 THE VILLAGE #102, REDONDO BEACH, CA 90277 - 1 bed 1 bath 909 sq ft - $539,000

VIA EL CHICO, REDONDO BEACH, CA 90277 - 3 beds 2 baths ? sq ft - $1,550,000

830 SPENCER ST, REDONDO BEACH, CA 90277 - ? sq ft - $1,075,000

July 31st, 2007 at 07:00pm

Torrance Listings - 3960 WEST 182ND STREET,

3960 WEST 182ND STREET, TORRANCE, CA - 2 beds 2 1/2 baths 1,168 sq ft - $575,000

1432 W 227TH ST, TORRANCE, CA 90501 - 2 beds 2 baths ? sq ft - $309,999

1229 W 223RD ST, TORRANCE, CA 90502 - 2 beds 2 baths ? sq ft - $375,000

July 31st, 2007 at 05:00pm

Manhattan Beach Listings - 714 HARKNESS ST, MANHATTAN

714 HARKNESS ST, MANHATTAN BEACH, CA - 2 beds 1 bath 889 sq ft - $879,900

3300 OCEAN DRIVE, MANHATTAN BEACH, CA 90266 - 3 beds 3 1/2 baths ? sq ft - $3,149,000

July 31st, 2007 at 03:00pm

El Segundo Listings - 822 MAIN STREET, #3,

822 MAIN STREET, #3, EL SEGUNDO, CA 90245 - 3 beds 2 1/2 baths 2,050 sq ft - $825,000

July 31st, 2007 at 02:00pm

South Bay Realestate News - GE Buys Majority Stake

GE Buys Majority Stake in Tishman Office Complex
GE Asset Management has acquired an 87% ownership stake in Tishman Speyer's Mathilda Business Center in Sunnyvale, CA, for $226 million.The deal was completed with a 6.5% cap rate. It values the property at roughly $260 million.The 424,815-square…

Joint Venture Buys Two Bldgs. in Milpitas
Westcore Properties LLC, in a joint venture with Denver-based Dividend Capital Total Trust Inc., purchased two buildings in the Dixon Landing Business Park in Milpitas, CA, for a total of $13.97 million, or about $270 per square foot. The seller was Grifcar…

July 31st, 2007 at 04:00am

Redondo Beach Listings - 2307 BELMONT LANE, REDONDO

2307 BELMONT LANE, REDONDO BEACH, CA - 4 beds 2 1/2 baths 2,440 sq ft - $949,000

714 ELVIRA AT KNOB HILL, REDONDO BEACH, CA - 5 beds 3 baths 2,740 sq ft - $1,549,000

REDONDO BEACH, REDONDO BEACH, CA 90277 - 4 beds 2 baths ? sq ft - $1,395,000

July 30th, 2007 at 07:00pm

Torrance Listings - 19321 ANZA AVENUE, TORRANCE,

19321 ANZA AVENUE, TORRANCE, CA 90503 - 3 beds 2 baths ? sq ft - $645,000

20709 HARVARD, TORRANCE, CA 90501 - ? sq ft - $588,000

815 BELSON ST, TORRANCE, CA 90502 - 3 beds 1 bath ? sq ft - $474,950

July 30th, 2007 at 05:00pm

Manhattan Beach Listings - 1261 TENNYSON, MANHATTAN BEACH,

1261 TENNYSON, MANHATTAN BEACH, CA 90266 - 3 beds 2 1/2 baths ? sq ft - $1,299,000

July 30th, 2007 at 03:00pm

South Bay Realestate News - KW Continues West Coast

KW Continues West Coast Apt. Buying Spree
Adding another exclamation point to the keen demand nationally for value-added multifamily property, Kennedy Wilson Multifamily is closing the acquisition of a Seattle-area asset this week and a San Jose property next week, capping more than $425 million…

Texas Pmg Holdings Sells Office for $1.28M
Texas Pmg Holdings Inc. sold the office building at 2510 Stevens Creek Blvd. in San Jose, CA, to Ali Heidari for approximately $1.28 million, or $428 per square foot.Built in 1965, the single-story building measures 3,000 square feet. It sits on about…

July 30th, 2007 at 04:00am

Lomita Listings - 25562 OAK AT PACIFIC

25562 OAK AT PACIFIC COAST HIGHWAY, LOMITA, CA - 2 beds 2 1/2 baths 1,496 sq ft - $498,000

July 30th, 2007 at 12:00am

Redondo Beach Listings - 108 VIA LA CIRCULA,

108 VIA LA CIRCULA, REDONDO BEACH, CA - 2 beds 1 1/2 baths 1,438 sq ft - $975,000

830 SPENCER ST, REDONDO BEACH, CA 90277 - ? sq ft - $1,075,000

July 29th, 2007 at 07:00pm

Torrance Listings - 5500 TORRANCE BLVD #B119,

5500 TORRANCE BLVD #B119, TORRANCE, CA 90503 - 3 beds 2 baths ? sq ft - $509,000

23047 MAPLE #A, TORRANCE, CA 90505 - 2 beds 2 baths ? sq ft - $437,000

4226 SW REDONDO BEACH, TORRANCE, CA 90504 - ? sq ft - $925,000

July 29th, 2007 at 05:00pm

Manhattan Beach Listings - 125 MOONSTONE, MANHATTAN BEACH,

125 MOONSTONE, MANHATTAN BEACH, CA 90266 - 3 beds 2 baths ? sq ft - $1,125,000

1202 TENNYSON ST, MANHATTAN BEACH, CA 90266 - 3 beds 3 baths ? sq ft - $949,000

July 29th, 2007 at 03:00pm

South Bay Real Estate News - KW Continues West Coast

KW Continues West Coast Apt. Buying Spree
Adding another exclamation point to the keen demand nationally for value-added multifamily property, Kennedy Wilson Multifamily is closing the acquisition of a Seattle-area asset this week and a San Jose property next week, capping more than $425 million…

July 29th, 2007 at 06:00am

South Bay Realestate News - Watch List (July 22-28):

Watch List (July 22-28): Demand, Appetite for CRE Lending Softening
In this week's issue we report on: the weakening of some bank commercial real estate loan portfolios; that investor sentiment for CDOs has been hurt by subprime problems; Moody's is tightening CMBS enhancement levels; and the formation of new multifamily…

CoStar Lead Street (July 22-28): What? Me Retire?
In this week's issue of CoStar Lead Street, we report that: Generation Y wants to take our place; CalPERS and CalSTRS vie for return bragging rights; Dubai World has its eyes on the U.S.; Aussie firms continue to post huge valuation gains on their U.S…

Tech Company Lands in Sunnyvale
Communications firm Jupiter Networks Inc. leased 102,393 square feet of flex space at 1215 Borregas Ave. in Sunnyvale, CA.The company will begin occupying the building for an 88-month term sometime in September. Total consideration for the lease was…

July 29th, 2007 at 04:00am

Redondo Beach Listings - REDONDO BEACH, REDONDO BEACH,

REDONDO BEACH, REDONDO BEACH, CA 90277 - 4 beds 3 baths ? sq ft - $2,350,000

314 N CATALINA AVE, REDONDO BEACH, CA 90277 - 3 beds 2 1/2 baths ? sq ft - $1,164,122

July 28th, 2007 at 07:00pm

Torrance Listings - 23029 NADINE #B, TORRANCE,

23029 NADINE #B, TORRANCE, CA 90505 - 2 beds 1 1/2 baths ? sq ft - $359,500

20709 HARVARD, TORRANCE, CA 90501 - ? sq ft - $588,000

July 28th, 2007 at 05:00pm

Manhattan Beach Listings - 436 ROSECRANS AVE, MANHATTAN

436 ROSECRANS AVE, MANHATTAN BEACH, CA 90266 - ? sq ft - $1,699,900

July 28th, 2007 at 03:00pm

South Bay Realestate News - Developers Team to Buy

Developers Team to Buy Portion of 875-Acre Business Park
Principal Real Estate Investors, of Des Moines, IA, and developer Ellis Partners LLC, of San Francisco, CA, partnered to acquire a portfolio of office and retail buildings at Hacienda Business Park in Pleasanton, CA. The deal closed on June 27th. The…

CoStar Lead Street (July 22-28): What? Me Retire?
In this week's issue of CoStar Lead Street, we report that: Generation Y wants to take our place; CalPERS and CalSTRS vie for return bragging rights; Dubai World has its eyes on the U.S.; Aussie firms continue to post huge valuation gains on their U.S…

CoStar's People of Note for Friday
Time to update those contact managers with CoStar's People of Note for Friday, July 27, delivering news of recent promotions and new hires at the following companies: Studley, Jones Lang LaSalle, Lane 4 Property Group Inc., Urbahns Cos., Cushman & Wakefield…

July 28th, 2007 at 04:00am

Lomita Listings - 1925 240TH ST, LOMITA,

1925 240TH ST, LOMITA, CA 90717 - 4 beds 2 1/2 baths ? sq ft - $699,950

1742 253RD STREET, LOMITA, CA 90717 - 2 beds 1 bath ? sq ft - $599,000

July 28th, 2007 at 12:00am

Redondo Beach Listings - REDONDO BEACH, REDONDO BEACH,

REDONDO BEACH, REDONDO BEACH, CA 90277 - 4 beds 2 baths ? sq ft - $1,395,000

415 VIA LINDA VISTA, REDONDO BEACH, CA 90277 - 3 beds 3 baths ? sq ft - $1,849,900

256 PASEO DE GRACIA, REDONDO BEACH, CA 90277 - 4 beds 3 1/2 baths ? sq ft - $1,299,000

July 27th, 2007 at 07:00pm

Torrance Listings - BINDEWALD ROAD, TORRANCE, CA

BINDEWALD ROAD, TORRANCE, CA 90505 - 4 beds 2 1/2 baths ? sq ft - $1,749,000

21854 S VERMONT AVE, TORRANCE, CA 90502 - 2 beds 2 baths ? sq ft - $384,900

July 27th, 2007 at 05:00pm

Manhattan Beach Listings - 225 39TH ST, MANHATTAN

225 39TH ST, MANHATTAN BEACH, CA 90266 - 3 beds 3 baths ? sq ft - $1,295,000

208 45TH ST, MANHATTAN BEACH, CA 90266 - ? sq ft - $1,495,000

July 27th, 2007 at 03:00pm

South Bay Realestate News - Developers Team to Buy

Developers Team to Buy Portion of 875-Acre Business Park
Principal Real Estate Investors, of Des Moines, IA, and developer Ellis Partners LLC, of San Francisco, CA, partnered to acquire a portfolio of office and retail buildings at Hacienda Business Park in Pleasanton, CA. The deal closed on June 27th. The…

Texas Pmg Holdings Sells Office for $1.28M
Texas Pmg Holdings Inc. sold the office building at 2510 Stevens Creek Blvd. in San Jose, CA, to Ali Heidari for approximately $1.28 million, or $428 per square foot.Built in 1965, the single-story building measures 3,000 square feet. It sits on about…

July 27th, 2007 at 04:00am

Redondo Beach Listings - 2707 CARNEGIE LN, REDONDO

2707 CARNEGIE LN, REDONDO BEACH, CA 90278 - 2 beds 1 1/2 baths ? sq ft - $649,000

734 ESPLANADE B, REDONDO BEACH, CA 90277 - 2 beds 3 baths 2,670 sq ft - $2,390,000

2807 RINDGE LANE, REDONDO BEACH, CA 90278 - 4 beds 3 baths ? sq ft - $899,000

July 26th, 2007 at 07:00pm

Torrance Listings - 20617 TOMLEE AVE, TORRANCE,

20617 TOMLEE AVE, TORRANCE, CA 90503 - 3 beds 1 bath ? sq ft - $700,000

1607 W 226TH ST, TORRANCE, CA 90501 - 3 beds 1 bath ? sq ft - $479,995

July 26th, 2007 at 05:00pm

Manhattan Beach Listings - 1541 MATHEWS AVE, MANHATTAN

1541 MATHEWS AVE, MANHATTAN BEACH, CA 90266 - 4 beds 4 baths ? sq ft - $1,595,000

July 26th, 2007 at 03:00pm

El Segundo Listings - 956 EUCALYPTUS DR, EL

956 EUCALYPTUS DR, EL SEGUNDO, CA 90245 - ? sq ft - $1,230,000

770 W IMPERIAL AVE, EL SEGUNDO, CA 90245 - 2 beds 2 baths ? sq ft - $444,990

July 26th, 2007 at 02:00pm

South Bay Real Estate News - Equastone Enters Silicon ValleyMaking

Equastone Enters Silicon Valley
Making its entry into Silicon Valley, San Diego-based real estate investment firm Equastone purchased 1331 California Circle in Milpitas from South Bay Commercial for $10.99 million, or nearly $110 per square foot.The 100,041-square-foot flex building…

KW Continues West Coast Apt. Buying Spree
Adding another exclamation point to the keen demand nationally for value-added multifamily property, Kennedy Wilson Multifamily is closing the acquisition of a Seattle-area asset this week and a San Jose property next week, capping more than $425 million…

July 26th, 2007 at 06:00am

South Bay Realestate News - Texas Pmg Holdings Sells

Texas Pmg Holdings Sells Office for $1.28M
Texas Pmg Holdings Inc. sold the office building at 2510 Stevens Creek Blvd. in San Jose, CA, to Ali Heidari for approximately $1.28 million, or $428 per square foot.Built in 1965, the single-story building measures 3,000 square feet. It sits on about…

KW Continues West Coast Apt. Buying Spree
Adding another exclamation point to the keen demand nationally for value-added multifamily property, Kennedy Wilson Multifamily is closing the acquisition of a Seattle-area asset this week and a San Jose property next week, capping more than $425 million…

Developers Team to Buy Portion of 875-Acre Business Park
Principal Real Estate Investors, of Des Moines, IA, and developer Ellis Partners LLC, of San Francisco, CA, partnered to acquire a portfolio of office and retail buildings at Hacienda Business Park in Pleasanton, CA. The deal closed on June 27th. The…

July 26th, 2007 at 04:00am

Redondo Beach Listings - 106 S. GUADALUPE AVE.

106 S. GUADALUPE AVE. #A (REAR UNIT), REDONDO BEACH, CA 90277 - 2 beds 2 1/2 baths 1,700 sq ft - $734,000

1712 ROCKEFELLER LANE, REDONDO BEACH, CA 90278 - 3 beds 2 1/2 baths ? sq ft - $779,000

410 N. BROADWAY #B, REDONDO BEACH, CA 90277 - 3 beds 2 1/2 baths ? sq ft - $799,000

July 25th, 2007 at 07:00pm

Torrance Listings - 1641 GREENWOOD AVE, TORRANCE,

1641 GREENWOOD AVE, TORRANCE, CA 90503 - 3 beds 2 baths ? sq ft - $795,000

2231 W 235TH ST, TORRANCE, CA 90501 - 4 beds 3 baths ? sq ft - $789,000

July 25th, 2007 at 05:00pm

Manhattan Beach Listings - 700 35TH STREET, MANHATTAN

700 35TH STREET, MANHATTAN BEACH, CA 90266 - 5 beds 4 baths 3,675 sq ft - $2,499,000

July 25th, 2007 at 03:00pm

South Bay Realestate News - Watch List (July 15-21):

Watch List (July 15-21): More Aggressive Loans, More Defaults
In this week's issue we report: that commercial loan defaults should start increasing soon; that the outlook for subprime backed bonds has also turned decidedly negative; and update you on the mounting cost of the alleged fraudulent Penland project in…

Watch List (July 22-28): Demand, Appetite for CRE Lending Softening
In this week's issue we report on: the weakening of some bank commercial real estate loan portfolios; that investor sentiment for CDOs has been hurt by subprime problems; Moody's is tightening CMBS enhancement levels; and the formation of new multifamily…

July 25th, 2007 at 04:00am

Lomita Listings - 2375 MCKENNA CT., LOMITA,

2375 MCKENNA CT., LOMITA, CA 90717 - 4 beds 3 baths ? sq ft - $997,500

July 25th, 2007 at 12:00am

Redondo Beach Listings - 615 - 621 S.

615 - 621 S. PACIFIC COAST HWY, REDONDO BEACH, CA 90277 - 3 beds 3 1/2 baths 18,002,200 sq ft - n/a

531 ESPLANADE AT RUBY, REDONDO BEACH, CA - 2 beds 2 1/2 baths ? sq ft - $829,000

July 24th, 2007 at 07:00pm

Torrance Listings - 23117 NE BERENDO AVE,

23117 NE BERENDO AVE, TORRANCE, CA 90502 - 4 beds 3 baths ? sq ft - $670,000

2261 NADINE #B, TORRANCE, CA 90505 - 2 beds 1 1/2 baths ? sq ft - $365,000

1508 W 223RD ST, TORRANCE, CA 90501 - 3 beds 1 bath ? sq ft - $559,500

July 24th, 2007 at 05:00pm

Manhattan Beach Listings - 1740 2ND STREET, MANHATTAN

1740 2ND STREET, MANHATTAN BEACH, CA 90266 - 6 beds 5 baths ? sq ft - $1,995,000

July 24th, 2007 at 03:00pm

El Segundo Listings - 822 MAIN STREET, #3,

822 MAIN STREET, #3, EL SEGUNDO, CA 90245 - 3 beds 2 1/2 baths 2,050 sq ft - $825,000

July 24th, 2007 at 02:00pm

South Bay Realestate News - Watch List (July 22-28):

Watch List (July 22-28): Demand, Appetite for CRE Lending Softening
In this week's issue we report on: the weakening of some bank commercial real estate loan portfolios; that investor sentiment for CDOs has been hurt by subprime problems; Moody's is tightening CMBS enhancement levels; and the formation of new multifamily…

CoStar's Daily Deals of Note for Monday
SOUTH FLORIDABentleyForbes Buys Las Olas Office Towers for $239Mby Stephanie WhiteBentleyForbes, the Los Angeles-based real estate investment firm, has entered the Fort Lauderdale, FL, market with its purchase of two Class A office towers from…

Developers Team to Buy Portion of 875-Acre Business Park
Principal Real Estate Investors, of Des Moines, IA, and developer Ellis Partners LLC, of San Francisco, CA, partnered to acquire a portfolio of office and retail buildings at Hacienda Business Park in Pleasanton, CA. The deal closed on June 27th. The…

July 24th, 2007 at 04:00am

Redondo Beach Listings - 1718 HARRIMAN LANE, REDONDO

1718 HARRIMAN LANE, REDONDO BEACH, CA - 4 beds 2 1/2 baths 2,400 sq ft - $975,000

6010 PCH, REDONDO BEACH, CA 90277 - 2 beds 2 1/2 baths ? sq ft - $700,000

July 23rd, 2007 at 07:00pm

Torrance Listings - 4913 VANDERHILL ROAD, TORRANCE,

4913 VANDERHILL ROAD, TORRANCE, CA 90505 - 4 beds 2 1/2 baths ? sq ft - $869,000

23314 SESAME ST. #L, TORRANCE, CA - 1 bed 1 bath 639 sq ft - $239,000

22922 NADINE # B, TORRANCE, CA 90505 - 2 beds 1 1/2 baths ? sq ft - $450,000

July 23rd, 2007 at 05:00pm

Manhattan Beach Listings - 758 14TH ST, MANHATTAN

758 14TH ST, MANHATTAN BEACH, CA 90266 - 4 beds 3 baths ? sq ft - $1,899,000

1202 TENNYSON ST, MANHATTAN BEACH, CA 90266 - 3 beds 3 baths ? sq ft - $899,000

July 23rd, 2007 at 03:00pm

South Bay Realestate News - CoStar Lead Street (July

CoStar Lead Street (July 15-21): Bright Side of Dull Outlook
In this week's issue of CoStar Lead Street, we report that: Volkswagen looks to boost its U.S. business; Chrysler looks to expand its finance operations; IHOP hopes to eat up Applebee's; ProLogis and Principal plan new industrial buys; industrial REIT…

Developers Team to Buy Portion of 875-Acre Business Park
Principal Real Estate Investors, of Des Moines, IA, and developer Ellis Partners LLC, of San Francisco, CA, partnered to acquire a portfolio of office and retail buildings at Hacienda Business Park in Pleasanton, CA. The deal closed on June 27th. The…

Simply Storage Enters Northern California
Simply Storage of Orlando, FL, has acquired a 3,805-unit portfolio of self-storage facilities in Northern California for $34.55 million, or about $9,000 per unit.The purchases are the first for Simply Storage in Northern California and give the firm…

July 23rd, 2007 at 04:00am

Lomita Listings - 25925 OAK, LOMITA, CA

25925 OAK, LOMITA, CA 90717 - 2 beds 2 baths ? sq ft - $427,000

July 23rd, 2007 at 12:00am

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