In a world of rapidly changing technology at our fingertips, in all industries, commercial real estate is no different.
From listing platforms of available space to up-to-the-minute availability of industry related information, cutting-edge technology is meant to improve our efficiency, accuracy and expertise. And in so many ways, it does.
WiREis the acronym Week in Real Estate and is digitally published every Saturday morning on al.com. The WiRE is categorized geographically and is designed to help real estate professionals, affiliates and consumers follow all the major news stories that impact real estate in Alabama.
The WiRE is brought to readers compliments of theACRE Corporate Cabinet.
Click here to read this weeks edition of ACREs Week in Real Estate
To view all the current monthly local and Alabama residential reports, clickhere.
For other Alabama real estate resources amp; news, please visit ourwebsiteand ourACRE blog.
TheAlabama Center for Real Estates core purpose is to advance the real estate industry in Alabama by providing relevant resources in the areas of research, education and outreach. ACRE was founded in 1996 by theAlabama Real Estate Commission,theAlabama Association of REALTORSand the Office of the Dean,UA Culverhouse College of Commerce. ACRE is not a state-funded entity, rather its operates in part because of support of Alabama real estate licensees, the goodwill amp; generosity of theACRE Corporate Cabinetand otherACRE Sponsors.
Its about to be much harder to get away with real estate crimes in the state of New York, thanks to a series of new task forces that are being charged with combatting tenant harassment, deceptive lending practices, deed theft, bank fraud, and other housing issues in the state.
According to the office of New York Attorney General Eric Schneiderman, the state is making these moves to strengthen legal enforcement efforts and to enhance and streamline the states resources to investigate real estate crimes.
In every real estate transaction he is involved in, he is fully dedicated to his clients, works tirelessly on their behalf and believes in bringing excellence to all aspects of his work.
Robbinsgrew up learning about the real estate industry because his parents are residential developers who built beautiful houses in Santa Barbara and Montecito.
He always had a natural love for real estate, so after college he decided to join the industry, and there was only one brokerage he wanted to work for.
Village Propertieswas the only company his family had used, and so he knew that joining this highly respected company and working alongside the most successful real estate agentsin the areawould help bring him the career success he now has.
He wanted to be part of a company that allowed him to excel using his qualities of determination, caring for his clients with 100 percentcommitment and loving what he does as a real estate agent.
While he is looking forward to another World Longboard Tour, slated for December in China, he continues to throw his energies and passions into building his highly acclaimed real estate career in Santa Barbara.
With an eye on the championship in December, he gets to surf maybe three or four times a week, depending on the waves.
However, its clients before surfing. You dont make a living longboarding, Robbins says.In addition to surfing, I get to do something else I love, which ishelping people with their realestate needs. I give 100 percentto my clients, taking care of their needs and all the details for a successful and smooth transaction.
Robbins belief in excellence and determination, along with his passion for all things real estate, make him a wonderful choice for clients as their local Realtor.
To contact Robbins, call805.403.7735or email him at[emailprotected]. To learn more about Village Properties, call805.969.8900or visitwww.villagesite.com.
Jennifer Goddard Combs is a publicist representing Village Properties.
CBRE Group has sold a retail center in Downey to Remarc Management for roughly $10 million. Arthur Flores, CBREs first vice president, represented the seller, a private, unidentified Orange County-based partnership. Remarc, family investment and management firm based in Mission Viejo, represented itself in this transaction. The property, at 8530 Firestone Blvd. is a two-tenant retail center that has been newly leased to Warehouse Shoe Sale, a West Coast retail shoe store chain, and PIH Health, a nonprofit regional healthcare network.
Irvine Company has signed a lease with workplace law firm Jackson Lewis to a full floor, 22,000 square feet, at its newest office tower, 200 Spectrum Center Drive. The building is now more than 60 percent leased, Irvine Co. said. The company has also signed leases with Altura Associates, Pacific Mercantile Bank, Ryze Capital Partners, and Enterey. The building also will be home to Mazda North American Operations new headquarters, Curse Inc., WeWork and Greenware Systems. Jackson Lewis will move to the 21-story building at Irvine Spectrum this fall. The 425,000-square-foot building features unobstructed 360-degree views and 10 feet of floor-to-ceiling glass to maximize natural lighting and an efficient floor plan.
BLT Enterprises, a commercial real estate investment company based in Santa Monica, has acquired a four-building office portfolio for $28 million, or $164 per square foot, from Cordia Capital Management, a private real estate investment firm based in Los Angeles. The buildings encompass 170,447 square feet and span four Orange County cities. The assets, which encompass an estimated total of 11.19 acres, are 100 percent occupied. The buildings include:
Office building at 2100 S. State College Blvd., Anaheim: Constructed in 1990, this 8,200-square-foot office building is occupied by Securitas Security Services USA.
Office/flex building at 15 Argonaut, Aliso Viejo: Constructed in 1989, this 41,519 square-foot office/flex building is home to Ambry Genetics.
Industrial property at 12640 Knott Street in Garden Grove: This 47,662-square-foot building is occupied by Compass Group USA, a food service management and services company.
Industrial property at 9700 Toledo Way, Irvine: This 73,066-square-foot building is occupied by Exhibitree, a custom design and fabrication builder of trade show exhibits, displays and booths with major clients in the entertainment industry.
Costa Mesa-based Astro Pak Corp. has acquired Florida-based Chemko Technical Services. Terms were not disclosed. The acquired facility will allow the company to adhere to cleaning, and testing and passivation requirements for Southeast aerospace customers, the company said in a press release. All Chemko employees are staying on board. The Chemko facility will be called Chemko, a division of Astro Pak. Astro Pak has 12 cleaning and passivation facilities in the US, Mexico and Puerto Rico. The company works will 11,000 customers in segments including aerospace, biotechnology and household personal care.PEOPLE ON THE MOVE
JoAnn Anderson, managing director and marketing executive, is the newest board member at the nonprofit Habitat for Humanity of Orange County. Anderson works in Newport Beach at U.S Trust, Bank of America Private Wealth Management for the Pacific Southwest. She leads a team of 75 professionals and managers across five offices.
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