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PRESS RELEASE: Faris Lee Investments Completes $3.52 Million Sale of a Multi-Tenant Retail Property in Temecula, California

2013-08-05 17:32:00| National Real Estate Investor

Darcie Giacchetto Faris Lee Investments, the nations largest retail-specialized investment advisory firm, has completed the $3,525,000 sale of a free-standing, 13,630-square-foot retail building. Built in 2001 and situated on 1.12 acres, the property is located at 40810 Winchester Road in Temecula, Calif. and is 75 percent occupied by Hallmark and Beauty One Cosmetics Supply store. The property fronts the 1.14 million-square-foot regional mall, Promenade Temecula, which is anchored by Macys, Sears, JC Penny, Edwards Theaters and Costco. read more

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PRESS RELEASE: Stan Johnson Company Completes Sale of 2 Million SF Industrial Portfolio for $24,100,000

2013-08-05 17:14:00| National Real Estate Investor

Darcie Giacchetto Stan Johnson Company recently closed a $24,100,000 sale of a two million-square-foot industrial portfolio located on 80 acres in Columbus, Ohio. The portfolio included 1.1 million square feet at Southfield Park and 800,000 square feet at Fisher Industrial Park in Columbus. Jackie Baker and Lindsey Scully, of Stan Johnson Company's Los Angeles office, represented the buyer, a California-based private investor, and the seller, MS South LLC, in the transaction. The portfolio features 10 buildings with multiple tenants. read more

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PRESS RELEASE: NGKF Capital Markets Completes Sale of Phoenix Apartment Complex in 21 Days

2013-07-31 17:37:00| National Real Estate Investor

Mira Matic Newmark Grubb Knight Frank (NGKF) has negotiated the $10.3 million sale of Vista Ventana Apartments, a 16-building, nine-acre community in Phoenix. NGKF Capital Markets Managing Directors Karl Abert, Sally Schwenn and Brad Pickering represented the seller El Camino Vista, and the buyer B.H. Vista Ventana, in closing the all-cash transaction in less than 21 days. read more

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PRESS RELEASE: Jones Lang LaSalle Completes Sale of 34,000 SF Building in Burbank, Calif.

2013-07-30 22:17:00| National Real Estate Investor

David Ebeling Jones Lang LaSalle has completed the sale of a four-story, 34,153-square-foot office building located at 2727 W. Alameda Ave. in Burbank to a locally-based private investor. read more

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PRESS RELEASE: The Woodmont Company Completes Sale Of Retail Center In Allen, Texas

2013-07-30 22:00:00| National Real Estate Investor

David Ebeling The Woodmont Company completed the sale of McDermott Commons, a 55,560-square-foot retail center located in Allen, Texas to a private investment firm. read more

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