Keystone Pacific Property Management Promotes Griselda Sapiens to Management Division

Irvine, CA - Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, has recently promoted Griselda Sapiens to management division project coordinator. Sapiens served as a receptionist since joining the firm in 2007.

"Keystone Pacific is very proud to announce Griselda’s well-deserved promotion," said Denise Bergstrom, vice president of association management of Keystone Pacific Property Management. "Griselda’s attention to detail and organizational skills make her the perfect choice for this position".

In her new position, Sapiens assists the CEO and Vice President of Association Management by tracking annual requirements, document preparation and distribution deadlines to ensure timely delivery of association materials to clients.

About Keystone Pacific Property Management

A leader in the community association management industry for more than 29 years, Keystone Pacific Property Management specializes exclusively in the management of common interest developments in Southern California. Currently, the firm manages over 40,000 units in master-planned, condominium, townhome, single-family home, mixed-use and commercial common interest developments. Keystone Pacific’s clients receive the best care and resources as the firm is committed to providing superior community association services. Keystone Pacific is one of the few local property management firms to have earned the Accredited Management Organization (AMO) designation from the Institute of Real Estate Management (IREM) and the Accredited Certified Management Firms (ACMF) in Southern California, certified through the California Association of Community Managers (CACM®). Headquartered in Irvine, Calif., Keystone Pacific also maintains offices in Rancho Santa Margarita and Temecula, Calif.

For more information, please contact Keystone Pacific at 1-877-KPPM-INC (577-6462) or visit www.keystonepacific.com.

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Lee and Associates Negotiates Purchase and Sale of 11,200 SF Industrial Building

Huntington Beach, CA - Lee & Associates, the nation's largest broker-owned commercial brokerage firm, has completed the purchase and sale of an 11,200-square-foot industrial building at 15311-15323 Pipeline Lane in Huntington Beach, Calif. The 100-percent leased building sold for $1.2 million or $107.14/square foot. The building was marketed by another firm for a year. Lee & Associates sold the building within 60 days of listing the property for an all-cash close.

Lee & Associates Irvine Senior VP Brian Garbutt represented the seller, Medina Family Trust, while Senior VP Darin McDonald of Lee & Associates' Newport Beach office represented the buyer, WFT, LLC.

About Lee & Associates

Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including California, Arizona, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, Nevada, Texas, South Carolina and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com

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Westwood Financial Corp. Makes Another Value-Add Retail Purchase

Tempe, AZ - Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., has purchased the 24,452-square-foot Crossroads of Tempe retail center in the Arizona town. It is the company's latest transaction toward the company's value-add program, to which it has earmarked $100 million in purchases.

"Crossroads of Tempe fits into our strategy to acquire distressed assets in these kinds of markets," said Westwood Financial Executive VP Joe Dykstra, noting that WFC has recently purchased three additional notes and is in the process of foreclosing on each one. "This is the seventh such acquisition we've made in the past 12 months, as we continue seeking $1 million-$10 million strip centers in good locations."

The 2004-built Crossroads of Tempe is at 315-325 W. Elliot Road and is 45-percent leased. With strong national tenants including Chase Bank, Massage Envy and AZ Bread Company as current tenants, Dykstra thinks the property has great lease-up potential.

"This asset has good in-place income with upside and sits at a busy intersection in an in-fill location with dense demographics," Dykstra said.

Westwood purchased the property from CMBS Trust, which was represented by special services LNR Partners. It is the 16th property Westwood owns in the Tempe/Phoenix market and 19th overall in the state.

The acquisition follows Westwood's recent purchase of the Stroh Ranch Retail Center, a 6,336-square-foot property at 12937 S. Parker Road in Parker, Colo.

About Westwood Financial Corp.

Westwood Financial Corp., is one of the largest privately held owner-operators of retail properties in the U.S., with a track record spanning 40 years. Based in Los Angeles with satellite offices in Atlanta, Dallas and Scottsdale, Ariz., the firm currently has a portfolio consisting of more than 100 shopping centers and retail properties in 24 metropolitan markets. Founded in 1970 by Steven Fogel and Howard Banchik, the firm has evolved into a fully integrated real estate company that acquires, leases, and manages its real estate portfolio. The firm implements an acquisition strategy that focuses primarily on mature neighborhood, grocery anchored shopping centers with portfolio holdings in Arizona, California, Colorado, Florida, Georgia, Illinois, Kansas, Nebraska, Nevada, New York, North Carolina, South Carolina, Texas, and Washington. For more information, please visit www.westfin.com.

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Lee and Associates Completes $2 Million Office Sale Transaction

Aliso Viejo, CA - Lee & Associates, the nation's largest broker-owned commercial brokerage firm, has completed the $1.95 million sale of a 7,068-square-foot, single-story, pre-school facility located at 10 Mareblu in Aliso Viejo, Calif. Senior Vice President Allen Basso of Lee's Irvine office handled the transaction.

About Lee & Associates

Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including California, Arizona, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, Nevada, Texas, South Carolina and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com

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CaliforniaListingAgent.com Announces Launch of Real Estate Marketing Site

Los Angeles, CA - CaliforniaListingAgent.com, a new real estate marketing website focused on the needs of California listing agents has launched its new website designed for agents to get noticed by home sellers.

Agents have long understood that have a large arsenal of listings is the surest way to build a steady flow of real estate busines, whether on the buyer or seller side. Since listings provide a financial incentive to advertise, a larger number of listings generally means the agent is highly visible in the community.

Kevin Harper, owner of CaliforniaListingAgent.com and expert in web marketing and real estate SEO, says the new site breaks new ground because of its powerfully simple concept.

"We're providing the easiest real estate agent directory out there for home owners to use. It's literally one page, and every California city can be linked directly to the agent's website."

For more information, please contact:

Kevin Harper
CaliforniaListingAgent.com
Top Seller Sites, LLC
13601 W. McMillan Dr.
Suite 102-133
Boise, ID 83731
208-249-8893

 

Keystone Pacific Property Management Welcomes Brittany Smith to Its Team as a New Development Community Association Manager

Irvine, CA - Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, welcomes Brittany Smith to its team as a new development community association manager based out of the Irvine office. With a background in property management, Brittany will be providing her expertise and support on the management of several new development communities throughout Orange County.

“Brittany is a dynamic professional who will be a great addition to the new development team,” said Denise Bergstrom, vice president of association management of Keystone Pacific Property Management. “Her extensive experience and industry knowledge will enable her to successfully manage her communities as well as provide excellent service to our clients.”

Smith is also currently pursuing the Certified Community Association Manager (CCAM) certification through the California Association of Community Managers.

About Keystone Pacific Property Management

A leader in the community association management industry for more than 29 years, Keystone Pacific Property Management specializes exclusively in the management of common interest developments in Southern California. Currently, the firm manages over 40,000 units in master-planned, condominium, townhome, single-family home, mixed-use and commercial common interest developments. Keystone Pacific’s clients receive the best care and resources as the firm is committed to providing superior community association services.
Keystone Pacific is one of the few local property management firms to have earned the Accredited Management Organization (AMO) designation from the Institute of Real Estate Management (IREM) and the Accredited Certified Management Firms (ACMF) in Southern California, certified through the California Association of Community Managers (CACM®). Headquartered in Irvine, Calif., Keystone Pacific also maintains offices in Rancho Santa Margarita and Temecula, Calif.

For more information, please contact Keystone Pacific at 1-877-KPPM-INC (577-6462) or visit www.keystonepacific.com.

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Key West Real Estate Agent Sean Farrer Launches New Property Search Website

Key West, FL - Key West REALTOR® Sean Farrer of Coldwell Banker/Schmitt Real Estate Co. is launching a brand new property search website that is designed to help buyers find the kinds of properties they are looking for 30% faster than other sites.

It does this by providing quick links directly to various Key West real estate types, such as single family homes, waterfront property, condos, foreclosures, short sales, and more.

Farrer, who specializes in Old Town Key West, Key West, Key Haven and Stock Island, and the Lower Keys, says that the new site, located at http://key-west-real-estate.net, has an advanced but easy to use search engine to fine tune property searches in great detail.

"We're allowing buyers to search fields that used to only be accessible to agents through the MLS. Our philosophy is to provide our clients with as much information as possible to help them find the perfect property."

He says he has a wide variety of clients ranging from British and Australian buyers to seasonal residents from colder climates who are excited about the new tools available to search for Key West homes.

"One of the best time-saving tools on the site is the property alert system to notify buyers when listings come on the market that match their criteria."

He says that if you're searching for Key West condos and a new listing hits the MLS, you'll be notified by email so you'll have a better chance at getting to properties before others even know they are on the market.

"We're encouraging potential Key West home buyers to sign up for a free account so they can test drive the site and get notified of new listings."

About Sean Farrer

Sean Farrer is a Key West real estate agent specializing in Old Town Key West, Key West, Key Haven and Stock Island, and the Lower Keys, including Big Coppitt Key, Bay Point, Sugarloaf Key, Cudjoe Key, Ramrod Key, Summerland Key, Little Torch Key, and Big Pine Key. He is with Coldwell Banker/Schmitt Real Estate Co.

Sean Farrer, REALTOR®
Coldwell Banker/Schmitt Real Estate Co.
1201 #101 White St
Key West, FL 33040
http://key-west-real-estate.net/
keysrealestate@bellsouth.net
305-924-0700

More Information:

http://www.facebook.com/profile.php?id=576525947
http://twitter.com/KeyWestRealty1
http://www.linkedin.com/pub/sean-farrer-p-a/15/a19/a31

Lee and Associates Closes $6.85 Million Land Sale

Solana Beach, CA - Lee & Associates, one of the largest national commercial real estate brokerage firms, has closed a $6.85 million sale of 1.76 acres of coastal land located at 329 & 343 S. Highway and 101/120 & 128 Dahlia Dr. in Solana Beach, Calif.

Principals Steve Bruce and Matt Weaver of Lee & Associates represented both the seller, Maganda Corporation, and the buyer, American Assets Trust, in this off-market transaction. Maganda is a privately-held family corporation and American Assets Trust is a full-service real estate investment trust that owns, operates, acquires and develops retail, office and multifamily properties in California, Hawaii and Oregon.

According to lead broker on the deal, Steve Bruce, this deal is one of the largest coastal commercial land transactions to sell in the past five years. American Assets Trust purchased the land with the intention of redeveloping the site for commercial/residential use.

"The site has been in great need of redevelopment. American Assets is an excellent owner who will develop the land to its highest and best use, while also giving the Solana Beach community a much desired mixed-use project," said Bruce.

About Lee & Associates

Celebrating more than 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, Texas and Wisconsin. With a roster of nearly 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

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About Key West Real Estate

Sean Farrer is a local Key West real estate agent specializing in commercial and residential properties, including Key West foreclosures and condos.

Lee and Associates Madison Finalizes 24,000-SF of Retail Lease

Madison, WI - The Madison, Wisconsin office of Lee & Associates, one of the nation's largest commercial real estate firms, has completed $2.8 million of leases at The Shoppes at Hartford; a 24,000-square-foot retail center in Hartford, Wis. Steve Doran and Todd Waller represented the ownership group on all transactions.

Located next to a new Wal-Mart Super Center, Lee Madison had the center 75-percent pre-leased before construction commenced and 100-percent leased before construction was finalized. Construction commenced April 1, and all tenants are expected to open before Christmas 2011.

The lessees at the 24,000-square-foot center include Dollar Tree (8,000 SF), Game Stop (2,000 SF), Maurices (5,000 SF), Hibbett Sports (5,000 SF), Cash Store (1,300 SF), Great Clips (1,300 SF) and World Finance (1,400 SF).

About Lee & Associates

Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including California, Arizona, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, Nevada, South Carolina, Texas and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

About Press Release Distribution Associates

This release is distributed in part by Press Release Distribution Associates, specializing in real estate press releases. For information on Key West real estate, see Real Estate Press Releases.

Lee and Associates Negotiates $4 Million Industrial Sales Transaction

Brea, CA - Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $4 million sales transaction for a 45,560-square-foot industrial building located at 1425 Moonstone Street in Brea, Calif.

Luke Hudson and Scott Seal of Lee & Associates' Orange office represented the buyer, Nail Harmony. Tom Dorman of CB Richard Ellis and Ian Britton and Colliers International represented the seller, Cohen Asset Management.

"The dynamics of this sale were incredible and it completely firms up the notion of a sound business, in a growing phase, capitalizing on the current economics," said Hudson. "Our client was in a position to purchase two adjacent, above standard industrial buildings at pricing points of 2003. Although we're experiencing a recent shake up in buyer's confidence due to the market volatility, we are still finding motivated buyers and sellers in the market."

About Lee & Associates

Celebrating more than 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, Texas and Wisconsin. With a roster of nearly 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

About Press Release Distribution Associates

This release is distributed in part by Press Release Distribution Associates, specializing in real estate press releases. For information on Portland real estate copywriting and distribution, see Real Estate Press Releases.