SFV REAL ESTATE

Industrial Brokerage Team Exits Colliers For NKF

Newmark Knight Frank announced Monday that a prominent industrial real estate brokerage team has joined its ranks after a decade at Colliers International.

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Calabasas Office Park Sells for $78 Million

The three-building Calabasas Park Centre office campus has sold for $78 million.

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Mini Mixed-Use Project Proposed for Woodland Hills

A mini mixed-use development is proposed for a Woodland Hills site that currently hosts a 356-square-foot tailor shop.

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Ventura County Coastal Association of Realtors Installs New Leader

Jorge DeLeón has been elected as incoming president of the Ventura County Coastal Association of Realtors.

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Land Owner Seeks to Build Apartments in Valley Glen

Michael Fant, the owner of a vacant lot in Valley Glen, has applied with the city of Los Angeles to develop a multifamily complex with retail elements on his property.

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New CEO and CFO at Public Storage

Public Storage announced Thursday that Joe Russell and Tom Boyle will become chief executive officer and chief financial officer, respectively, at the Glendale company on Jan. 1.

Van Nuys 99 Cents Location Sells for $6.7 Million

A single-tenant storefront property leased by 99 Cents Only Stores in Van Nuys has sold for $6.7 million, or $489 per square foot, according to CoStar data.

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Construction Consulting Firm Purchases Glendale Office Building for $11 Million

A Glendale office building has sold for $11.1 million, or $326.47 per square foot, according to CoStar Group.

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Investors Pick Up Oxnard Big Box Site for $96 Million

A joint venture between Investec Real Estate Cos. in Santa Barbara and DRA Advisors out of New York has acquired the 356,864-square-foot retail center The Esplanade in Oxnard for $96 million, according to a CoStar Group report.

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Engineering Firm Sells Glendale Warehouse for $21 Million

A Glendale industrial site that is home to Acco Engineered Systems Inc. has sold for $20.7 million, or $689 per square foot, according to CoStar Group.

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Movie Prop Firm Leases 90,000 Square Feet in NoHo Warehouse

A major movie studio pros company has leased 89,452 square feet of North Hollywood warehouse space, CBRE Group Inc. announced.

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Northrop Grumman Site to Host Eldercare Facility

A 1 million-square-foot eldercare facility will be developed on a portion of the 59 acre property at Northrup Grumman’s Woodland Hills site.

Mixed-Use Project to Bring 244 Apartments to Warner Center

Montecito-based Levine Family Properties LLC is proposing to create a 244-unit development at 21201 W. Victory Blvd. in Woodland Hills.

Tutor Perini to Build Saudi Air Force Base

A subsidiary of Tutor Perini Corp. has won a contract worth $104 million from the U.S. Air Force to design and construct facilities for the Royal Saudi Air Force, the company announced Tuesday.

Design of Fourth Q Building in Warner Center Unveiled

Architecture and design firm Newman Garrison + Partners has released images for its Q East, one of five Q developments in partnership with Canoga Park-based California Home Builders currently under construction in Woodland Hills.

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