NATIONWIDE – Bennard Gillison, Senior Vice President with NAI Capital’s Corporate Headquarters in Encino, CA, has been retained as the exclusive broker for Primero Management Incorporated.  Primero Management is a National owner and operator of Class A and B type shopping centers.  This exclusive agreement adds over 1 million square feet of leasable space to the portfolio of retails shopping centers represented by NAI Capital and NAI Global.

The Centers are located in:

• Bismarck, North Dakota
• Wichita, Kansas
• Pueblo, Colorado
• Woodland, CA
• Lancaster, CA
• Rancho Cucamonga, CA
• Redlands, CA

We are seeking both national tenants and additional shopping centers.  For more information, please contact Bennard Gillison at (818) 905-2400.

About NAI Capital

NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California affiliate of NAI Global, a premier real estate service network with 350 offices spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naicapital.com NAI Capital Brokerage DRE #00806840

“The acquisition of this facility supports the expansion of the Owners’ company, Picnic Time, Inc. to house their rapidly expanding product line and to meet the needs of their client’s,” said Foutz.

Located in a master planned business park built in the 1990s, this all concrete tilt up industrial facility includes approximately 21,505 square feet of high bay storage capability, 21’ clearance, and two 12′x14′ ground level loading doors. The property also features 5,000 square feet of office consisting of both individual offices and a large open space ideal for modular furniture systems for maximum flexibility. The facility has parking on three sides with a total of 49 spaces being provided.

The property is located within five minutes of the Moorpark (23) Freeway providing easy and quick access to the Ronald Regan (118) Freeway, the Ventura (101) Freeway, as well as access leads to all of the major arterial highways: the 405, 5, 210, 134, and 170. Major retail centers are also within a mile radius of the site and provide amenities to meet all of the interests and tastes of visitors and employees.

About NAI Capital

NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California affiliate of NAI Global, a premier real estate service network with 350 offices spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naicapital.com NAI Capital Brokerage DRE #00806840

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LOS ANGELES, CA – Michael Dixon and Ziv Kozaski with NAI Capital’s Encino office represented the Buyer, 519 Fickett, LLC, in the sale of two multifamily properties in Los Angeles. The first is a 12 Unit property located at 519 N. Fickett Street (pictured above) and the second is a 10 unit property located at 2458 Folsom Street. The combined value of both sales transactions were over $1.4M.

“Both the Buyer and Seller were both tremendously pleased with the outcome,” said Dixon. “The Buyer, whom I’ve worked with in the past, was mostly concerned with a strong cash flow situation. After looking at many properties we were able to locate a motivated seller in an area that would provide the Buyer with what he was looking for. At the time of sale, both properties had 100% occupancy, a dream come true in this Buyer’s market,” Dixon continued.

The 12 unit property, located in 519 N. Fickett Street was built in 1928 and is situated in a quiet residential neighborhood. The second property, located at 2458 Folsom Street is an 8 unit building, with 2 additional units next to it. Location was one of the most attractive qualities of this double transaction. USC campus sits to the west, the USC Medical Center to the north, and Cal State University Los Angeles to the east. Proximity to these institutions help the properties secure an excellent high occupancy rate.

The properties are in close proximity to the USC Medical Center Busway Station with easy access to bus service at Cesar E Chavez and Soto Street. Nearby shopping centers include El Super, Mercadito Market, Tortilleria San Marcos, Shell Gas Station and Bank of America.

About NAI Capital

NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California affiliate of NAI Global, a premier real estate service network with 350 offices spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naicapital.com NAI Capital Brokerage DRE #00806840

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LANCASTER, CA

“This shopping center, which was over 82% occupied, provided an investor excellent cash flow while offering the opportunity to benefit from future upside by leasing up the vacant space,” said Kavian.

The property is located in the heart of the Lancaster Marketplace with 3 separate buildings which make up 53,822 sq. ft. portion of a 108,915 sq. ft. center shadow anchored by Superior Grocers, one of the largest independently-owned chains of grocery stores in Southern California, and US Bank.  Other tenants in the center include nationally recognized and credit worthy chains such as 99¢ Only, Little Caesars Pizza, Jackson Hewitt, Allstate Insurance and Subway.

The center enjoys excellent visibility and serves the densely populated east Lancaster community.  Located at the signalized intersection of 10th St. E & Avenue J, it benefits from excellent traffic counts of approximately 38,000 vehicles per day.  The center is approximately 3 miles east of the Antelope Valley (CA 14) Freeway and also includes direct access to a bus line and a dedicated turn lane.

Lancaster, the eighth-largest city in Los Angeles County, California, is located approximately 70 miles north of the city of Los Angeles in the Antelope Valley. Lancaster has also seen a large growth in business over the past decade, with the establishment of large distribution centers for national companies such as Rite Aid, Michaels and Sygma, as well as smaller local businesses and national restaurant chains.

About NAI Capital

NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California affiliate of NAI Global, a premier real estate service network with 350 offices spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naicapital.com NAI Capital Brokerage DRE #00806840

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LOS ANGELES, CA – NAI Capital’s Tim Steuernol and Rob Zaharia with the West L.A. office represented the Seller, Argyle Ave LLC, in the sale of a vintage English Tudor 7 Unit multifamily property located at 2062 Argyle Ave. to the Buyer, Nick Sasano.  The value of the sales transaction was over $1.8M.

“There were a number of investors interested in the building.  They were drawn to the property’s unique English Tudor architecture, excellent Hollywood Hills location, and stability of the market and tenants.  We were able to sell the asset at the highest cost per square foot in the market area since 2008,” said Steuernol.

The seven unit English Tudor style property was built in 1929 and resides on a beautiful residential street in the Hollywood Hills.  The property maintains two buildings with both 1 & 2 bedrooms units with a large two-bedroom townhouse making an ideal owner’s unit.   Both buildings have hardwood floors, vaulted ceilings and crown molding. The property recently has upgraded the electrical, water heater and copper plumbing (units individually metered).  The property also has common area laundry facilities and BBQ area.

The property is located in the Hollywood Hills, one block north of Franklin Ave and walking distance to the heart of Hollywood. Perched on a hilltop tenants have amazing views of Hollywood and the L.A. Basin. The area is home to L.A.’s entertainment industry and there are numerous historical landmarks nearby including the Hollywood Walk of Fame, Hollywood Bowl, W Hotel, Pantages Theater, Griffith Observatory, the Capital Records Tower, Grauman’s Chinese Theater, and Magic Castle, amongst others.

About NAI Capital

NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California affiliate of NAI Global, a premier real estate service network with 350 offices spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naicapital.com NAI Capital Brokerage DRE #00806840

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“We were fortunate that both parties involved in the sale were motivated to close the deal quickly in order to renovate the building for tenants who are currently looking for cost effective space in the local submarket” Ferro said.

Although historically used for research & development purposes, the building’s high ceilings, rear storage yard, abundant loading doors and divisibility were features that made it attractive to the Buyer and for many traditional industrial tenants.

Among the buildings’ many other features are 1,800 amps of well distributed power in the front half of the building, a 10,000 SF clean room and 4,600 SF of office mezzanine. The building is surrounded by many Fortune 500 companies such as Amgen, Baxter, Teledyne, BMW and many other notable firms.

PERRIS, CA –NAI Capital represented both the Buyer and Seller in this transaction. Don Archer (Riverside office) represented the Seller, John Pulliam, and John Boyer (Ontario office) and Joe Stewart (Riverside office) represented the Buyer, Axxis Corporation, in the purchase and sale of a 37,809 SF industrial property located at 1535 Nandina.  The value of the sales transaction was over $2.2 million.

“This transaction is a fine example of a stabilizing industrial market in the Inland Empire both on the price realized as well as certain businesses clearly thriving in the improving National economy,” Boyer said.

The free standing building, built in 2008, has many prominent features including a secured yard, freeway visibility, and ample parking.  The office space includes a kitchen and complete restrooms facilities with showers.  The warehouse facilities include CAT 5 wiring, and a fully sprinklered warehouse, dock highs, 1200 amps, three phase power and a potential for dock high loading with 18′-22′ feet clearance.

The property is located in northern Perris county which is 10 minutes from downtown Riverside, 90 minutes from the Port of Long Beach, and has easy access to the 215 Freeway.

About NAI Capital

NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California affiliate of NAI Global, a premier real estate service network with 350 offices spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naicapital.com NAI Capital Brokerage DRE #00806840

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COACHELLA, CA – Dwight Capitani and Kate Rust of NAI Capital’s Palm Desert office represented the Seller, AW Properties, in the $635,000 sale of 39 acres of vacant land to a local date farmer.  The Buyer, Kirkjan Farms, was represented by Gary Funtas of Peter Murray and Associates.

“Kate and I have sold and closed more than 200 acres of land for AW Properties just this year,” said Capitani.  “Easily developable land is becoming scarce, so we are always looking for more prime properties to sell” continues Capitani.

“It is refreshing to see investors, developers, and agricultural users returning to our market.  Dwight’s and my recent sale activity is a sure sign of recovery,” added Rust.

Known as the “City of Eternal Sunshine”, Coachella is largely an agricultural, family-oriented community in the desert and one of the state’s fastest growing cities. Located on Avenue 53 at Van Buren, the property is surrounded by mountain views, new development, equestrian ranches, and polo clubs.  It’s currently zoned AG and located near the Vista Santa Rosa Community, which is South of Indio and to the East of La Quinta.

About NAI Capital

NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California affiliate of NAI Global, a premier real estate service network with 350 offices spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naicapital.com. NAI Capital Brokerage DRE #00806840

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FONTANA, CA (4/13/12) – NAI Capital industrial specialists Richard Horn, Vice President, and Philip T. Attalla, Senior Vice President, represented the Tenant, Syncreon Technology, in the lease of a 155,000 sq. ft. industrial property located at 14780 Bar Harbor Road from the Landlord, Intex Properties Inland Empire Corporation.  The value of the lease transaction was over $1.7 million.With experience representing global logistics firms, consummating transactions in twenty-seven states around the country, The Attalla/Horn Team was able to get the needs of Syncreon prioritized during the negotiating process.  “By keeping pressure on the landlord we were able to drive down the effective lease rate, making this transaction a true success for our Client”, said Attalla.

The deal was structured to reduce the client’s existing rent by 11.1%, negotiate a renewal package which included $212,000.00 of Tenant improvements, building upgrades, three months of free rent on a three year term, and avoid a moving cost in excess of $300,000. Total savings was approximately $670,000.00 in value to the Tenant.

The property is currently being used a distribution warehouse and has 800+ amps of power capability and is accessible to the 10, 15 and 210 Freeways.

About NAI Capital

NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California affiliate of NAI Global, a premier real estate service network with 350 offices spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naicapital.com. NAI Capital Brokerage DRE #00806840

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