Regions Southwest
Mini Mall in Corona Fetches $548 Per-SF
May 7, 2008

Ownership of Hamner Square, a 12,231-square-foot strip center in Corona, Calif., has changed hands.  A private partnership sold the property to Karra'a Family Trust in an all cash transaction that reached completion in a short 35 days. Developed one a one-acre parcel just one year ago, Hamner Square is 100 percent leased to a list of tenants that includes 7-Eleven. Hanley Investment Group represented both buyer and seller in the transaction.

 
Recent Southwest Headlines
ProLogis to Increase Presence in Fort Worth with New 2MSF Park
Later this year, Denver-headquartered ProLogis will commence development of ProLogis Park Fort Worth on a 130-acre site in the North Fort Worth submarket. At full build-out the industrial complex will encompass seven structures containing a total of 2.1 million square feet of distribution space.
BH Properties Acquires Office, Retail Assets in Dallas-Fort Worth Area
BH Properties L.L.C. has acquired nine office and retail properties located around the Dallas-Fort Worth area with a tax assessed valued of approximately $22 million.
801 Travis Goddard Sells Houston Building, Puts Another on Market
Goddard Investment Group L.L.C. has sold a 135,000-square-foot office building at 675 Bering Dr. in Houston to Griffin Partners for an undisclosed amount.
Firm Renews and Expands Lease to Occupy Entire 300,000SF Energy Corridor Building
The Shaw Group Inc. will stay put at 1430 Enclave Parkway now that it has renewed its lease with property owner Piedmont Office Realty Trust.
$1B M Vegas Resort to Cater to Thriving Mid-Size Event Market
Developers of the planned $1 billion M Resort, Spa & Casino in Las Vegas recently revealed new project details designed to address the city's dearth of conference facilities that accommodate small and mid-sized meetings and events.