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CALIFORNIA | LOCAL
November 16, 1999
Bendheim Enterprises, Los Angeles, has purchased a 15,000-square-foot medical building, housing the Northridge Surgery Center, located at 8327-8333 Reseda Blvd., Northridge. The property was sold under court order by the State Court Receiver. Ramsey-Shilling Co., Los Angeles, represented the buyer. Jalmar Properties Inc. represented the seller.
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BUSINESS
October 20, 1998 | MICHELLE MALTAIS, TIMES STAFF WRITER
Two recent property acquisitions are Hollywood sequels to the groundbreaking for TrizecHahn's entertainment-retail complex earlier this month at Hollywood Boulevard and Highland Avenue. CIM Group has bought a building on Hollywood Boulevard, and Jay Silverman Productions has acquired property on Cahuenga Boulevard to rehabilitate. The Jay Silverman project is on a little more than an acre at 1531 N. Cahuenga Blvd.
BUSINESS
January 4, 2000
* Edmunds.com, a provider of automobile pricing information, reviews and related material, signed a seven-year, $8-million lease for 33,000 square feet of space at MGM Plaza, 2401 Colorado Ave. in Santa Monica. The tenant was represented by Christopher V. Bonbright and Michael Dettling of Ramsey-Shilling Co. Edmunds subleased the space from Rysher Entertainment, which was represented by Roy Longman and Matthew Miller of Cresa Partners. * Robert H.
BUSINESS
October 19, 1999
Westwood-based CIM Group has added to its portfolio of Hollywood properties with the $1-million purchase of a former Woolworth's department store building built around 1908 in Hollywood. CIM, which has purchased more than $40 million worth of Hollywood properties, plans to renovate the two-story, 13,000-square-foot store building into offices and retail shops, according to John Tronson, of Ramsey-Shilling Co.
BUSINESS
December 19, 2005 | Roger Vincent, Times Staff Writer
An aging high-rise office building in the heart of Hollywood's entertainment district has been purchased for $29.5 million by a Phoenix-based developer that plans to convert it to housing, the broker representing the buyer said Friday. It is the largest office building sold for a residential conversion in Hollywood this year, and evidence that developers are still keen on rebuilding the once-forlorn neighborhood, brokers said. Alliance Residential Co.
BUSINESS
October 18, 2006 | Roger Vincent, Times Staff Writer
Moving to take advantage of Hollywood's growing office shortage, Los Angeles developer Jerry Snyder announced plans Tuesday to build a $100-million office park across from Hollywood Center Studios that is intended to cater to entertainment industry tenants. Several entertainment-related businesses are searching for offices in Hollywood, real estate brokers said, attracted by its central location, improving street life and nightclub scene.
CALIFORNIA | LOCAL
January 31, 1998 | BOB POOL, TIMES STAFF WRITER
A tumbledown tar paper shack that for decades was one of Los Angeles' oddest eyesores has suddenly become the most expensive piece of property in town. Operators of the Pacific Design Center said Friday they have purchased the 900-square- foot clapboard building that stands a few steps from the entryway to their mammoth, blue-sided landmark. The selling price--$450,000--is nearly three times what realty experts had initially thought it might sell for.
BUSINESS
July 3, 2001
An affiliate of Makar Properties acquired the 187,000-square-foot Cerritos Corporate Tower at 18000 Studebaker Road in Cerritos from the Krausz family of San Francisco for $26.5 million. Rob Mitchell and Peter Castleton of Voit Commercial Brokerage represented the buyer and the seller. Oracle Communities Corp., a Los Angeles-based investment group, purchased the 200-unit Citrus Gardens apartment complex at 8600 Citrus Ave. in Fontana from Huntington Beach-based Ishino Real Estate for $10.
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