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REAL ESTATE
February 12, 1989
A six-story office building at 1700 E. Walnut Ave., El Segundo, has been acquired by Walnut Plaza Ltd. of San Francisco in a delayed, tax-deferred exchange with C2H2 Partnership Ltd., Los Angeles investment group, for $26.6-million, according to Grubb & Ellis Commercial Real Estate Services.
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CALIFORNIA | LOCAL
December 1, 2000 | Deniene Husted, (714) 520-2508
Overwhelming public opposition and concern over excessive traffic and noise led the City Council to reject a plan for a gas station and mini-mart at 5951 Kellogg Drive more than two years ago. But a new plan for a two-story office building at that same location drew little opposition last month. The council recently upheld and approved that project with only a few people opposed to it.
CALIFORNIA | LOCAL
June 5, 1994
A two-story office building incurred $100,000 in damages when a fire burned through a wall and into its attic early Saturday, authorities said. There were no injuries. Thirty-five firefighters responded to the alarm in the 8000 block of Reseda Boulevard, near Chase Street, according to Brian Humphrey of the Los Angeles City Fire Department. It took them 53 minutes to extinguish the blaze, Humphrey said.
REAL ESTATE
October 27, 1985
The first office building developed as part of the Alhambra Redevelopment Agency's revitalization program, La Plaza de Alhambra, has been purchased for more than $3 million by the Alhambra Partnership from the owner-developer, Goldrich, Kest & Hirsh, according to Travers Realty Corp. which handled the transaction. The three-story, 25,000-square foot building at 200 S. Garfield Ave.
REAL ESTATE
March 6, 1988
HDS Plaza, a 4-story office building, will be built in Sunwest Business Park in San Bernardino with a $7.1-million construction loan placed by the Southern California office of Lomas & Nettleton Real Estate Investment Banking. The building will contain 98,000 square feet and will be located on nearly five acres. The developer is the Simchowitz Corp.; the architect is Banzuelo/Rierson Inc. of San Bernardino.
REAL ESTATE
October 23, 1988
Century Center, a three-story office building in Mission Viejo, has been bought by Massachusetts Mutual Life Insurance Co. of Los Angeles, in a transaction valued at $10.1 million, according to Grubb & Ellis Commercial Brokerage Services. The insurance company purchased the 54,339-square-foot structure at 26522 La Alameda, as an investment from C.C. Business Partners of Irvine. The building is 100% leased.
REAL ESTATE
September 8, 1985
The Chicago financial Group, Chicago, has arranged $4,364,637 in investor notes for 690 Market St., a Los Angeles limited partnership that has acquired a 16-story, 102,853-square-foot office building at 690 Market St., San Francisco. The Hunt Organization, 924 Westwood Blvd., is the managing general partner. The building, undergoing a complete restoration, was purchased for $16,201,396, with a first mortgage loan of $10,601,896.
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