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Lee & Associates Opens Long Beach Office
Lee & Associates officially opened its office in Long Beach, CA, on Sunday, Nov. 15, with Greg Gill at the helm. Gill, an industry veteran of nearly 41 years, was appointed president of South Bay operations. His duties include overseeing a new team of...

CoStar's People of Note (Nov. 15-21)
This week's People of Note includes the following markets: Hartford, Los Angeles, New York City and Westchester/South Connecticut. LOS ANGELES Lee Opens Long Beach Branch; Names Gill Pres. Lee & Associates officially opened its office in Long Beach...

Amkotron Coming to Cerritos Distribution Center
Amkotron Inc., a Cerritos, CA-based computer repair company founded in 1989, signed a 61,250-square-foot lease for five years with Walton CWCA at the Cerritos Distribution Center. The company will occupy the entire building. The 61,250-square-foot...

SIOR, Greater LA Elects New Officers
During the latest annual meeting of the Society of Industrial and Office Realtors, Greater Los Angeles Chapter Scott Martin of NAI Capital in Pasadena was named the new president of the chapter. Martin, a graduate of the University of Oregon, has been...

Value Windows & Doors To Open Duarte Location
Ye Family Investments LLC, owner of Value Windows & Doors Inc., purchased the warehouse building at 1720 Flower Ave. in Duarte, CA, from Able Investment LLC for $4.08 million, or about $93 per square foot. Built in 1981, the property features two loading...

Office Delinquencies Latest Driver of CMBS Troubles
Job losses and subsequent office loan defaults, coupled with continued hotel underperformance, resulted in another monthly increase in U.S. CMBS delinquencies. And new matured balloons and past due loans secured by interests in non-traditional assets...

Corridor Investment Group Joins Colliers International
Jeff Albee, Jeff Gould and Chris Itule of the Corridor Investment Group joined the Colliers Encino office. Albee was named senior vice president, while Gould and Itule were tapped as senior associates. The Corridor Investment Group, formerly with Sperry...

C.G. Motor Sports Moving to Chino
C.G. Motor Sports Inc., a growing and developing Southern California-based auto parts manufacturer, signed an 82,645-square-foot lease for seven years with G&O Chino Property in Chino, CA. The tenant will occupy approximately 30 percent of the building...

Lease Up/Lease Down (Nov. 15-21): Bioscience, Cleantech Sectors Spur Job Growth
News of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers has been consolidated into Lease Up/Lease Down. Look to Lease Up/Lease Down every week for valuable information that can be used as a source...

Netflix Renews 20,000-SF Office Deal
Netflix, an online DVD and Blu-ray Disc rental service, renewed a 19,421-square-foot lease for five years at 345 N. Maple Drive in Beverly Hills, CA. The property, known as Maple Plaza, was built in 1987 and is on 2.59 acres. The three-story garden...