Archive for December, 2007

Redondo Beach Listings - 2414 GRANT AVE, REDONDO

2414 GRANT AVE, REDONDO BEACH, CA 90278 - 2 beds 2 baths ? sq ft - $529,500

2303 ROCKEFELLER LN, REDONDO BEACH, CA 90278 - 2 beds 2 baths ? sq ft - $595,000

1636 HAYNES LANE, REDONDO BEACH, CA 90278 - 3 beds 2 baths ? sq ft - $775,000

December 31st, 2007 at 08:00pm

Torrance Listings - 221 CAMINO DE LAS

221 CAMINO DE LAS COLINAS, TORRANCE, CA 90505 - 3 beds 2 1/2 baths ? sq ft - $1,195,000

TORRANCE, TORRANCE, CA 90501 - 2 beds 2 baths ? sq ft - $699,000

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

December 31st, 2007 at 06:00pm

Manhattan Beach Listings - 624 6TH ST, MANHATTAN

624 6TH ST, MANHATTAN BEACH, CA 90266 - 3 beds 3 baths ? sq ft - $3,575,000

December 31st, 2007 at 04:00pm

South Bay Realestate News - Pacific Property Buys Siena

Pacific Property Buys Siena Apt. Homes
Pacific Property Co. purchased the 128-unit Siena Apartment Homes at 7375 Rollingdell Drive in Cupertino, CA, for $36.2 million, or $282,800 per unit. The seller was Lyon Property Management Cos.Built in 1978, the complex consists of 11 buildings…

Flextronics Deals Milpitas Campus to Westcore
Westcore Properties has purchased the nine-building manufacturing campus of Flextronics International USA Inc. in Milpitas, CA, for an undisclosed price.The global electronics manufacturing services provider is leasing back the nearly 500,000-square…

December 31st, 2007 at 05:00am

Lomita Listings - 26121 OAK #E, LOMITA,

26121 OAK #E, LOMITA, CA 90717 - 3 beds 2 1/2 baths ? sq ft - $565,000

December 31st, 2007 at 01:00am

Redondo Beach Listings - 1636 HAYNES LANE, REDONDO

1636 HAYNES LANE, REDONDO BEACH, CA 90278 - 3 beds 2 baths ? sq ft - $775,000

908 YNEZ, REDONDO BEACH, CA 90277 - 4 beds 3 1/2 baths ? sq ft - $1,980,000

December 30th, 2007 at 08:00pm

Torrance Listings - 16700 YUKON AVE, TORRANCE,

16700 YUKON AVE, TORRANCE, CA 90504 - 2 beds 2 baths ? sq ft - $404,999

5031 HALISON, TORRANCE, CA 90503 - 3 beds 2 baths ? sq ft - $699,999

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

December 30th, 2007 at 06:00pm

Manhattan Beach Listings - 306 ANDERSON ST., MANHATTAN

306 ANDERSON ST., MANHATTAN BEACH, CA 90266 - 4 beds 2 1/2 baths 2,100 sq ft - $1,687,000

December 30th, 2007 at 04:00pm

South Bay Real Estate News - Pacific Property Buys Siena

Pacific Property Buys Siena Apt. Homes
Pacific Property Co. purchased the 128-unit Siena Apartment Homes at 7375 Rollingdell Drive in Cupertino, CA, for $36.2 million, or $282,800 per unit. The seller was Lyon Property Management Cos.Built in 1978, the complex consists of 11 buildings…

Facility Closures and Layoff Announcements (Dec. 16-22)
This report is excerpted from Watch List, a weekly column of distressed commercial properties, mortgages and corporate news.Washington Mutual Inc. said it would discontinue all remaining lending through its subprime mortgage channel. The action will…

December 30th, 2007 at 07:00am

South Bay Realestate News - Watch List (Dec. 16-22):

Watch List (Dec. 16-22): This One is all about Money
In this week’s issue, money — or lack thereof — is the common thread. Aussie property giant Centro Properties Group, controlling more than 650 U.S. shopping centers, is facing a two-month window to refinance billions and can't find a willing lender…

Rainbow Regal Buys San Jose Multifamily
Rainbow Regal LLC purchased the 34-unit apartment complex at 2020-2024 Clarmar Way in San Jose, CA, for $4.75 million, or $139,700 per unit, with a 5.52% cap rate. The sellers were private investors William and Emilie Highley.Built in 1956, the two…

Facility Closures and Layoff Announcements (Dec. 16-22)
This report is excerpted from Watch List, a weekly column of distressed commercial properties, mortgages and corporate news.Washington Mutual Inc. said it would discontinue all remaining lending through its subprime mortgage channel. The action will…

December 30th, 2007 at 05:00am

Redondo Beach Listings - 1724 REED, REDONDO BEACH,

1724 REED, REDONDO BEACH, CA 90278 - 3 beds 2 baths ? sq ft - $835,000

902 FIRMONA, REDONDO BEACH, CA 90278 - 3 beds 2 baths ? sq ft - $680,000

2303 CARNEGIE LANE, REDONDO BEACH, CA 90278 - ? sq ft - $1,600,000

December 29th, 2007 at 08:00pm

Torrance Listings - 1432 W 227TH ST,

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

21622 REDBEAM, TORRANCE, CA - 4 beds 3 baths 2,475 sq ft - $1,150,000

December 29th, 2007 at 06:00pm

Manhattan Beach Listings - 763 31ST STREET, MANHATTAN

763 31ST STREET, MANHATTAN BEACH, CA 90266 - 5 beds 4 1/2 baths 4,000 sq ft - $3,099,000

2920 THE STRAND, MANHATTAN BEACH, CA 90266 - 7 beds 7 baths ? sq ft - $33,000

December 29th, 2007 at 04:00pm

South Bay Realestate News - Sares Regis JV Acquires

Sares Regis JV Acquires Hidden Willows Apts.
Sares Regis Group of Northern California (SRGNC), in a joint venture with an investment client of BlackRock Inc., has acquired the Hidden Willows Apartments at 840-850 Meridian Ave. in San Jose, CA, for $22.37 million, or about $200,000 unit.Stan…

Trinity Church Buys Sunnyvale R&D Bldgs.
Trinity Church has purchased two R&D buildings at 477 Mathilda Ave. and 430 Maude Ave. in Sunnyvale, CA, from a venture of Bay Area Industrial Corp. and Mathilda Development LP for $7.65 million, or $127 per square foot.The adjacent facilities total…

December 29th, 2007 at 05:00am

Lomita Listings - 1824 256TH STREET, LOMITA,

1824 256TH STREET, LOMITA, CA 90717 - 4 beds 2 baths ? sq ft - $659,000

December 29th, 2007 at 01:00am

Redondo Beach Listings - 603 SAPPHIRE ST, REDONDO

603 SAPPHIRE ST, REDONDO BEACH, CA - 4 beds 3 1/2 baths 3,620 sq ft - $1,879,000

REDONDO BEACH, REDONDO BEACH, CA 90277 - 4 beds 2 1/2 baths ? sq ft - $859,000

December 28th, 2007 at 08:00pm

Torrance Listings - TORRANCE, TORRANCE, CA 90503

TORRANCE, TORRANCE, CA 90503 - 3 beds 2 1/2 baths ? sq ft - $829,900

22723 LINDA DR, TORRANCE, CA 90505 - 3 beds 1 bath ? sq ft - $799,000

TORRANCE, TORRANCE, CA 90505 - 3 beds 2 1/2 baths ? sq ft - $800,000

December 28th, 2007 at 06:00pm

Manhattan Beach Listings - 3101 VISTA DRIVE, MANHATTAN

3101 VISTA DRIVE, MANHATTAN BEACH, CA - 3 beds 3 1/2 baths 2,400 sq ft - $1,924,900

1208 TENNYSON ST, MANHATTAN BEACH, CA 90266 - 3 beds 3 baths ? sq ft - $899,000

December 28th, 2007 at 04:00pm

South Bay Realestate News - Watch List (Dec. 16-22):

Watch List (Dec. 16-22): This One is all about Money
In this week’s issue, money — or lack thereof — is the common thread. Aussie property giant Centro Properties Group, controlling more than 650 U.S. shopping centers, is facing a two-month window to refinance billions and can't find a willing lender…

Watch List (Dec. 23-29): MBS Cos. Apartment Properties Update
Watch List has taken the week off to celebrate Christmas, but we have updated the status of MBS Cos.'s Texas apartment properties. MBS Cos., one of the largest multifamily property owners in the country, is delinquent, in default or in danger of becoming…

ING Clarion Pays $90.5M for Rivermark Village
ING Clarion Partners has acquired Rivermark Village, a 138,000-square-foot shopping center in Santa Clara, CA, from a joint venture of Shea Properties and LNR Property Corp. for $90.5 million, or $655 per square foot.The Safeway-anchored neighborhood…

December 28th, 2007 at 05:00am

Redondo Beach Listings - 110 S. GUADALUPE, #5,

110 S. GUADALUPE, #5, REDONDO BEACH, CA - 3 beds 2 1/2 baths 1,615 sq ft - $819,000

1711 HUNTINGTON LN, REDONDO BEACH, CA 90278 - ? sq ft - $1,200,000

December 27th, 2007 at 08:00pm

Torrance Listings - 1023 PORTOLA AVE. AT

1023 PORTOLA AVE. AT TORRANCE BLVD., TORRANCE, CA - 2 beds 1 1/2 baths ? sq ft - $485,000

TORRANCE, TORRANCE, CA 90504 - 3 beds 2 baths ? sq ft - $649,900

804 FELBAR, TORRANCE, CA 90503 - 3 beds 2 baths ? sq ft - $789,900

December 27th, 2007 at 06:00pm

Manhattan Beach Listings - 1619 3RD STREET, MANHATTAN

1619 3RD STREET, MANHATTAN BEACH, CA - 5 beds 4 1/2 baths 4,428 sq ft - $2,799,000

December 27th, 2007 at 04:00pm

El Segundo Listings - 703 MAIN STREET #4,

703 MAIN STREET #4, EL SEGUNDO, CA - 3 beds 3 baths 1,590 sq ft - $689,000

708 LOMITA STREET, EL SEGUNDO, CA 90245 - 5 beds 4 baths 3,700 sq ft - $1,650,000

December 27th, 2007 at 03:00pm

South Bay Real Estate News - Watch List (Dec. 23-29):

Watch List (Dec. 23-29): MBS Cos. Apartment Properties Update
Watch List has taken the week off to celebrate Christmas, but we have updated the status of MBS Cos.'s Texas apartment properties. MBS Cos., one of the largest multifamily property owners in the country, is delinquent, in default or in danger of becoming…

Blake Hunt Sells Plaza de San Jose for $34M
The joint venture of Blake Hunt Ventures and Pacific Coast Capital Partners has sold Plaza de San Jose, a 61,797-square-foot retail center in southeast San Jose, CA, for $34 million to a private investor based in Los Angeles.Blake Hunt Ventures developed…

December 27th, 2007 at 07:00am

South Bay Realestate News - Blake Hunt Sells Plaza

Blake Hunt Sells Plaza de San Jose for $34M
The joint venture of Blake Hunt Ventures and Pacific Coast Capital Partners has sold Plaza de San Jose, a 61,797-square-foot retail center in southeast San Jose, CA, for $34 million to a private investor based in Los Angeles.Blake Hunt Ventures developed…

DePaul Medical Center Trades for $2.8M
Saint Louise Cancer Center Inc. sold the DePaul Medical Center, a medical office building at 18511 Mission View Drive in Morgan Hill, CA, to Chirala RE Group LLC for $2.85 million, or about $285 per square foot.Built in 1989, the single-story building…

Watch List (Dec. 23-29): MBS Cos. Apartment Properties Update
Watch List has taken the week off to celebrate Christmas, but we have updated the status of MBS Cos.'s Texas apartment properties. MBS Cos., one of the largest multifamily property owners in the country, is delinquent, in default or in danger of becoming…

December 27th, 2007 at 05:00am

Redondo Beach Listings - 2404 SEBALD AVE, REDONDO

2404 SEBALD AVE, REDONDO BEACH, CA - 3 beds 2 baths 1,420 sq ft - $750,000

2611 CARNEGIE AT INGLEWOOD, REDONDO BEACH, CA - 3 beds 3 baths ? sq ft - $619,000

December 26th, 2007 at 08:00pm

Torrance Listings - 1304 PORTOLA, TORRANCE, CA

1304 PORTOLA, TORRANCE, CA 90501 - 3 beds 2 baths ? sq ft - $799,000

TORRANCE, TORRANCE, CA 90505 - 3 beds 1 bath ? sq ft - $739,000

1045 W 229TH ST, TORRANCE, CA 90502 - 3 beds 2 baths ? sq ft - $560,000

December 26th, 2007 at 06:00pm

Manhattan Beach Listings - 714 MANHATTAN BEACH BLVD,

714 MANHATTAN BEACH BLVD, MANHATTAN BEACH, CA 90266 - 3 beds 2 1/2 baths ? sq ft - $1,349,000

844 11TH ST, MANHATTAN BEACH, CA 90266 - 5 beds 4 baths ? sq ft - $2,695,000

December 26th, 2007 at 04:00pm

South Bay Realestate News - ING Clarion Pays $90.5M

ING Clarion Pays $90.5M for Rivermark Village
ING Clarion Partners has acquired Rivermark Village, a 138,000-square-foot shopping center in Santa Clara, CA, from a joint venture of Shea Properties and LNR Property Corp. for $90.5 million, or $655 per square foot.The Safeway-anchored neighborhood…

Facility Closures and Layoff Announcements (Dec. 16-22)
This report is excerpted from Watch List, a weekly column of distressed commercial properties, mortgages and corporate news.Washington Mutual Inc. said it would discontinue all remaining lending through its subprime mortgage channel. The action will…

December 26th, 2007 at 05:00am

Lomita Listings - 1949 253RD STREET, LOMITA,

1949 253RD STREET, LOMITA, CA - 3 beds 1 bath 993 sq ft - $530,000

December 26th, 2007 at 01:00am

Redondo Beach Listings - VIA MONTE D ORO,

VIA MONTE D ORO, REDONDO BEACH, CA 90277 - 3 beds 1 1/2 baths ? sq ft - $1,199,000

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

December 25th, 2007 at 08:00pm

Torrance Listings - 2513 LESSERMAN ST, TORRANCE,

2513 LESSERMAN ST, TORRANCE, CA 90503 - 2 beds 1 bath ? sq ft - $584,500

TORRANCE, TORRANCE, CA 90505 - 3 beds 1 bath ? sq ft - $739,000

December 25th, 2007 at 06:00pm

Manhattan Beach Listings - 1740 2ND STREET, MANHATTAN

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

December 25th, 2007 at 04:00pm

El Segundo Listings - 900 CEDAR ST, EL

900 CEDAR ST, EL SEGUNDO, CA 90245 - 2 beds 1 3/4 baths 75 sq ft - $535,000

EL SEGUNDO, EL SEGUNDO, CA 90245 - 4 beds 3 1/2 baths ? sq ft - $1,250,000

December 25th, 2007 at 03:00pm

South Bay Realestate News - Sares Regis JV Acquires

Sares Regis JV Acquires Hidden Willows Apts.
Sares Regis Group of Northern California (SRGNC), in a joint venture with an investment client of BlackRock Inc., has acquired the Hidden Willows Apartments at 840-850 Meridian Ave. in San Jose, CA, for $22.37 million, or about $200,000 unit.Stan…

CoStar's Daily Deals of Note for Monday
NASHVILLEWells Buys Country Music Television HQ in Nashvilleby Lauren MarchWells Real Estate Funds has acquired the Country Music Television (CMT) headquarters building in Nashville for about $13.8 million, according to CB Richard Ellis, which…

ING Clarion Pays $90.5M for Rivermark Village
ING Clarion Partners has acquired Rivermark Village, a 138,000-square-foot shopping center in Santa Clara, CA, from a joint venture of Shea Properties and LNR Property Corp. for $90.5 million, or $655 per square foot.The Safeway-anchored neighborhood…

December 25th, 2007 at 05:00am

Redondo Beach Listings - 132 VISTA DEL PARQUE,

132 VISTA DEL PARQUE, REDONDO BEACH, CA 90277 - 4 beds 2 1/2 baths ? sq ft - $1,299,000

201 CALLE MIRAMAR, REDONDO BEACH, CA 90277 - 2 beds 2 baths 1,204 sq ft - $825,000

660 THE VILLAGE, REDONDO BEACH, CA 90277 - ? sq ft - $449,000

December 24th, 2007 at 08:00pm

Torrance Listings - 1660 W 220TH ST,

1660 W 220TH ST, TORRANCE, CA 90501 - 3 beds 3 baths ? sq ft - $464,900

1945 W 234TH ST, TORRANCE, CA 90501 - 3 beds 2 baths ? sq ft - $745,000

December 24th, 2007 at 06:00pm

Manhattan Beach Listings - 405 HARKNESS, MANHATTAN BEACH,

405 HARKNESS, MANHATTAN BEACH, CA 90266 - 4 beds 3 1/2 baths ? sq ft - $1,279,000

December 24th, 2007 at 04:00pm

South Bay Realestate News - ING Clarion Pays $90.5M

ING Clarion Pays $90.5M for Rivermark Village
ING Clarion Partners has acquired Rivermark Village, a 138,000-square-foot shopping center in Santa Clara, CA, from a joint venture of Shea Properties and LNR Property Corp. for $90.5 million, or $655 per square foot.The Safeway-anchored neighborhood…

CoStar's People of Note for Friday
Time to update those contact managers with CoStar's People of Note for Friday, Dec. 21, delivering news of recent promotions and new hires at the following companies: Grubb & Ellis, Studley, Lincoln Property Co., ICON Commercial Interests, Colliers International…

Rainbow Regal Buys San Jose Multifamily
Rainbow Regal LLC purchased the 34-unit apartment complex at 2020-2024 Clarmar Way in San Jose, CA, for $4.75 million, or $139,700 per unit, with a 5.52% cap rate. The sellers were private investors William and Emilie Highley.Built in 1956, the two…

December 24th, 2007 at 05:00am

Lomita Listings - 1744 254TH STREET, LOMITA,

1744 254TH STREET, LOMITA, CA 90717 - 3 beds 2 baths ? sq ft - $579,900

December 24th, 2007 at 01:00am

Redondo Beach Listings - REDONDO BEACH, REDONDO BEACH,

REDONDO BEACH, REDONDO BEACH, CA 90278 - 3 beds 2 baths ? sq ft - $679,000

1800 S PACIFIC COAST HWY, REDONDO BEACH, CA 90277 - 3 beds 2 1/2 baths ? sq ft - $719,000

410 N BROADWAY, REDONDO BEACH, CA 90277 - 3 beds 3 baths ? sq ft - $820,000

December 23rd, 2007 at 08:00pm

Torrance Listings - 22312 ANZA, TORRANCE, CA

22312 ANZA, TORRANCE, CA 90505 - 3 beds 1 bath ? sq ft - $695,000

964 TORRANCE, TORRANCE, CA 90502 - 3 beds 2 baths ? sq ft - $479,900

2563 PLAZA DEL AMO AT CRENSHAW, TORRANCE, CA - 1,185 sq ft - $490,000

December 23rd, 2007 at 06:00pm

Manhattan Beach Listings - MANHATTAN BEACH, MANHATTAN BEACH,

MANHATTAN BEACH, MANHATTAN BEACH, CA 90266 - 3 beds 3 1/2 baths ? sq ft - $15,750,000

MANHATTAN BEACH, MANHATTAN BEACH, CA 90266 - 4 beds 2 1/2 baths ? sq ft - $1,995,000

December 23rd, 2007 at 04:00pm

South Bay Real Estate News - Blake Hunt Sells Plaza

Blake Hunt Sells Plaza de San Jose for $34M
The joint venture of Blake Hunt Ventures and Pacific Coast Capital Partners has sold Plaza de San Jose, a 61,797-square-foot retail center in southeast San Jose, CA, for $34 million to a private investor based in Los Angeles.Blake Hunt Ventures developed…

Facility Closures and Layoff Announcements (Dec. 16-22)
This report is excerpted from Watch List, a weekly column of distressed commercial properties, mortgages and corporate news.Washington Mutual Inc. said it would discontinue all remaining lending through its subprime mortgage channel. The action will…

December 23rd, 2007 at 07:00am

South Bay Realestate News - Blake Hunt Sells Plaza

Blake Hunt Sells Plaza de San Jose for $34M
The joint venture of Blake Hunt Ventures and Pacific Coast Capital Partners has sold Plaza de San Jose, a 61,797-square-foot retail center in southeast San Jose, CA, for $34 million to a private investor based in Los Angeles.Blake Hunt Ventures developed…

CoStar Lead Street (Dec. 16-22): CalPERS To Boost Real Estate Allocations
In this week's issue of CoStar Lead Street, while it seemingly goes contrary to flat and declining U.S. property values, CalPERS plans to boost its real estate allocation and will go overseas to do it. Meantime, one U.S. land company is getting overseas…

Watch List (Dec. 16-22): This One is all about Money
In this week’s issue, money — or lack thereof — is the common thread. Aussie property giant Centro Properties Group, controlling more than 650 U.S. shopping centers, is facing a two-month window to refinance billions and can't find a willing lender…

December 23rd, 2007 at 05:00am

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