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Dedeaux Properties Sells New Echelon Business Park
Commerce, CA-based Dedeaux Properties has sold Echelon Business Park, a newly-built industrial campus in the City of Industry, for $50 million. The seven-building property, located at 801-821 Echelon Ct., features properties ranging in size from 27...

Pupil Joins Stream Realty to Lead Southern California Expansion for Dallas-Based Brokerage Firm
Martin Pupil has joined Dallas-based Stream Realty Partners after 14 years at Colliers International. Martin Pupil, the former president of Colliers International's U.S. real estate brokerage operation, is headed to Dallas-based commercial leasing...

Japanese Furniture Company Aki-Home Plans 100 New Stores Across the Country
Aki-Home opened its flagship store in the Ontario Mills Mall in Ontario, CA, in May.Japanese furniture retailer Aki-Home plans to build as many as 100 stores across the United States in the next 10 years, seeking to gain a larger share of the expanding...

Discount Retailers Are Taking Big Space in California's Inland Empire
Upland Village Center Building leased by Ross. Many of the largest retail leases executed since the start of 2018 involve discount stores in the Inland Empire of California, extending a nationwide trend. Bob’s Discount Furniture, which has been expanding...

Hines, Oaktree Purchase of Beckman Campus Sets Local Record, Spotlighting Surging Demand in Brea, California
Hines and Oaktree-managed funds have been especially active in Orange County, with the Beckman Coulter campus marking their 10th acquisition in the North Orange County submarket alone. Image Credit: Hines. Hines, a Houston-based investment firm, completed...

Inland Empire Apartment Construction Update
Image courtesy of G.H. Palmer Associates. Inland Empire is starting to heat up, and that’s not a referencing the area’s notorious summer temperatures. Apartment development is finally starting to break ground at levels we have not seen this cycle...

Zero Space Buys New Industrial Construction in Eastvale
Zero Space Inc. has acquired the newly-constructed industrial property at 6255 Providence Way in Eastvale, CA for $6.74 million, or about $165 per square foot, from Orbis Real Estate Partners. The 40,813-square-foot warehouse was completed in June...

I'll Buy Yours, If You Buy Mine
In a game of musical buildings, two Orange County investors have bought each other’s properties. Investor Darcy Bolton sold two Anaheim, CA apartment buildings to investor Marty Campbell, who then sold Bolton his apartment complex in Oceanside, CA...

Lopez Joins Progressive Real Estate Partners as Senior Retail Specialist
Albert Lopez joined Rancho Cucamonga, CA-based Progressive Real Estate Partners as a senior retail specialist. In his new role, Lopez will focus on the leasing and sale of retail properties, including strip centers and anchored neighborhood centers...

Blockbuster Deal Gives Brookfield Stake in $1.9 Billion Apartment Portfolio
Image of 801 S. Olive St. in downtown Los Angeles. In what is likely to be one of the largest multifamily deals of the year, a unit of Brookfield Asset Management has acquired a 49 percent stake in a nationwide portfolio of apartment buildings owned...

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