Regions West
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 West Headlines
Investor Group Snaps Up Stake in Maguire
Oct. 13, 2008
With its stock having vacillated between a high of $30.73 per share and a low of $3.31 per share over the last 52 weeks, Los Angeles-based Maguire Properties has had a rough year. However, a recent stock purchase proves that investors remain interested in the REIT that boasts the title of the largest owner of Class A office buildings in Downtown Los Angeles.
Printer Snaps Up 54,000-SF Orange County Industrial
Oct. 13, 2008
Ownership of the 54,000-square-foot industrial facility at 2341 N. Pacific St. in Orange, Calif., recently changed hands in a deal between Fisher Printing Inc. and Vanderplow Properties.
cauley Will California's Fiscal Pain Spread to Commercial Real Estate?
Oct. 13, 2008
California’s looming fiscal crisis is likely to take its toll on the state’s commercial real estate sector. The credit freeze-up had deprived California of up to $7 billion in short-term financing necessary for day-to-day operations.
Swig Completes Recapitalization of One Beach Street in San Francisco
Oct. 13, 2008
The Swig Co. has announced it has completed its planned recapitalization of One Beach Street, a 97,000-square-foot office building acquired by the company earlier this year. The asset is situated in the North Waterfront submarket of San Francisco.
Ground Breaks on Healthcare Firm's $50M Production Facility in L.A.
Oct. 10, 2008
Grifols Inc., the U.S. subsidiary of Barcelona, Spain-based global healthcare company Grifols SA, kicked off development of a new 92,000-square-foot intravenous immune globulin production facility in Los Angeles.