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Union Development Co

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BUSINESS
December 8, 2005 | Roger Vincent
Barker Pacific Group has acquired family-owned Union Development Co., a 110-year-old real estate development and management company based in Cerritos with nearly 1.2 million square feet of property, including shopping centers, apartments, offices, industrial parks and storage facilities. A real estate industry source valued the sale at more than $100 million. New York Investment manager Angelo Gordon & Co. helped fund the deal.
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BUSINESS
December 8, 2005 | Roger Vincent
Barker Pacific Group has acquired family-owned Union Development Co., a 110-year-old real estate development and management company based in Cerritos with nearly 1.2 million square feet of property, including shopping centers, apartments, offices, industrial parks and storage facilities. A real estate industry source valued the sale at more than $100 million. New York Investment manager Angelo Gordon & Co. helped fund the deal.
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REAL ESTATE
May 8, 1988
Building is proceeding on the $3-million, 73,000-square-foot Rosewood Shopping Center, a commercial retail development of Union Development Co. of Cerritos, at Rosecrans and Woodruff avenues in Bellflower. The 4-acre development includes seven new buildings and renovation of the existing Rosewood Center building in the first development phase. John Leece & Associates of Costa Mesa is the architect; Ibbetson-Marsh, of Cerritos, the leasing agent.
BUSINESS
July 9, 1999
* Kevin Shannon, managing director of Seeley Co.'s investmentdivision, has joined commercial real estate services firm Grubb & Ellis Co. as a senior vice president of its investment services group. Based in Los Angeles, he will focus on office, industrial and retail investment. * Robert N. Alpert has been named a vice president of Union Bank of California's community banking group. Los Angeles-based Union Bank is a division of UnionBanCal Corp., a San Francisco-based bank holding company.
BUSINESS
November 11, 1999
* Byron Schweigert has been named chief executive of the 741-bed Long Beach Memorial Medical Center in Long Beach. He had been senior vice president of administration. He succeeds Chris Van Gorder, who was recently named chief of health-care operations for Scripps Health in La Jolla. * Sega GameWorks, a venture formed by DreamWorks SKG, Universal Studios and Sega Enterprises, has named Ron Bension president and chief executive.
NEWS
February 7, 1988 | BETTINA BOXALL, Times Staff Writer
Mayor Daniel Wong is among eight candidates who have filed for the two City Council seats that will be open in April, when the terms of both Wong and Donald Knabe expire. Knabe, who has been a councilman since 1980, says he is not seeking reelection because he will likely run for a state Senate seat.
NEWS
September 27, 1986 | BILL BOYARSKY, Times City-County Bureau Chief
Los Angeles Mayor Tom Bradley's top City Hall deputy is battling to prevent the Southland's largest water agency, the Metropolitan Water District, from opposing Proposition 65, the November ballot measure designed to keep toxics out of the state's drinking water supply. Specifically, Deputy Mayor Tom Houston has taken aim at MWD Board Chairman E. Thornton Ibbetson, whose firm owns 1,200 acres of farmland in the Imperial Valley.
NEWS
March 24, 1988 | BETTINA BOXALL, Times Staff Writer
To find clear distinctions among the City Council contestants in the April 12 election, voters must look beyond the political brochures spilling out of mailboxes. The candidates' positions on the issues are much the same. Indeed, they often echo elections past, reflecting the self-satisfied prosperity of a community that perennially worries not about painful deficits or blight, but about getting a cable TV system.
NEWS
August 11, 1991 | FREDERICK M. MUIR, TIMES STAFF WRITER
For six decades, the aqueducts and pipelines of the Metropolitan Water District supplied the water necessary for the development of Southern California's vast suburbs. Guided by a philosophy that water should be delivered upon demand, the MWD evolved from a small confederation of Los Angeles-area cities into the world's largest water agency, serving 225 communities and 17 million residents from Ventura County to Mexico and inland to Riverside.
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