Archive for April, 2011
|MOORPARK, CA – (April 28, 2011) NAI Capital, a leading Southern California commercial real estate brokerage headquartered in Encino, represented Ensign-Bickford Aerospace & Defense (EBA&D) in the purchase of a 265-acre M2 zoned private office/manufacturing/warehouse campus in Moorpark, California. The transaction value was not disclosed. More >|
Part 3: The Future for Continuing Care Retirement Centers with John Erickson of Erickson Retirement Communities by Dave Stolte
by Dave Stolte, Vice President, Senior Housing
by Bob Scullin, CEO, SIOR
Note: This is part one in a series about Broker Rejuvenation: Managing Success. You can view the second part of the series here.
The real estate manager who fails to reinvent himself on a constant basis is the manager whose value to his brokers is long past. Younger brokers can listen for only so long to war stories of how great their managers used to be. Then the exciting stories of the past become boring and lose their elements of inspiration and encouragement. More >
|ONTARIO, CA – David Knowlton, Senior Vice President with NAI Capital’s Orange County office along with Jason Smith, Vice President of NAI Global Corporate Solutions in Salt Lake City Utah represented both parties in the sale and purchase of 30 acres of vacant industrial land in Ontario for an undisclosed value. More >|
By Rick Gold, Senior EVP, Branch Manager
If the activity we are seeing in our West Los Angeles office is any indication, the market is certainly a lot better than what we read in the papers or hear on the streets. It appears that tenants and buyers have come to the realization that the market may have hit bottom and if they don’t react now they may be left on the sidelines wondering where all the good deals have gone. More >
|COLTON, CA – Nicholas Y. Chang, Richard Lee and Francisco Camacho with NAI Capital’s Ontario office represented an undisclosed buyer in the purchase of a 290,047 square foot industrial property situated on 17 acres of land at 311 W. Citrus Avenue in Colton. The transaction was valued at $4,150,000. More >|
Upcoming commercial real estate related events: View the List More >
NAI Capital announces the following recent transactions:
By Michael Schiff, EVP, Branch Manager
Most tenants do not understand how parking code requirements work on retail properties, and that different types of uses have different required parking ratios. At least once a week I receive a call from a prospective tenant on one of my properties that goes something like this: More >
Part 2: The Future for Continuing Care Retirement Centers, interview with Bob Wootton of The Covington by Dave Stolte
by Dave Stolte, Vice President, Senior Housing
In our last blog, we spoke with Todd Kaestner of Brookdale, who believes the “buy-in” for CCRCs for retirees will continue to thrive and prosper, especially for conservative estate planning. We interviewed a number of other operators of CCRCs, both rental models and “Life Estate” buy-in versions, to get a variety of views:
|BUENA PARK, CA – Standard Pacific Corp. of Irvine, California has purchased five acres of residential-zoned land located at 6501 East Orangethorpe Avenue in Buena Park, California from Corp. of the Presiding Bishop based out of Salt Lake City, UT. The value of the transaction was not disclosed. More >|
By Bob Scullin, CEO, SIOR
Note: This is part 2 in a series about Achieving Success in Brokerage. Click here to view the first part of the series.
Relationship Brokerage is the predicate of any successful career in real estate. Before anything else, the broker must identify the four corners of a territory and become known by all contacts within those four corners. The broker has to know about every transaction within his territory before it happens, and then have his finger in every one of those transactions. Only after all of that is accomplished does the broker start to make money. Let’s continue our discussion from where we left off last week. More >
NAI Capital announces the following recent transactions: More >
|CHINO HILLS, CA – John Bosko, Bob Bush and Robert Brandt of NAI Capital’s Orange County office represented Country Club Medical & Dental Plaza in the lease of two spaces at 15994 Los Serranos Country Club Drive in Chino Hills. Care For Women’s Medical Group, Inc. has leased a 2,722 square foot medical office space and Dr. Patricia Brotman/Chino Valley Dermatology has taken a 1,463 square foot space in the 30,037 square foot free standing medical office building. More >|
We are pleased to present you with the Spring 2011 issue of The Linneman Letter.
In this issue Dr. Linneman and Associates discuss their predictions for pricing in the U.S. Commercial Real Estate market in depth and detail.
As always, please remember Dr. Linneman has a world view while we tend to hold a more parochial or local view, so all of the opinions contained in The Linneman Letter need to be tempered with our real world experiences in our regional markets.