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May 2013  

Announcements

May 23, 2013 SIOR Chapter Dinner recognized the Largest Transactions of 2012.  The largest transactions were:

Investment Transaction

  Tom McCormick
  The Rockefeller Group
  Seller:  The Rockefeller Group
  Buyer:  American Realty Corporation
  Price:  $55,000,000

Industrial Sale

  Timothy Hawke
  Strata Realty
  Seller:  Rexco LLC
  Buyer:  Corodata Corporation
  Price:  $10,925,000

Industrial Lease

  Kevin McKenna
  Colliers International
  Landlord:  First Industrial Realty Corp.
  Tenant:  Harbor Freight
  Price:  $52,479,593

Office Sale

  Thomas Pierik and David Mudge
  Lee & Associates
  Seller:  KDC Real Estate & Investments
  Buyer:  Regents of the University of California
  Price:  $17,400,000

Office Lease

  Thomas Pierik and David Mudge
  Lee & Associates
  Landlord:  Kelley A. McLaren
  Tenant:  Inland Empire Health Plan
  Price:  $67,828,777

Investment Sale

  Paul Earnhart and Doug Earnhart
  Lee & Associates
  Seller:  Majestic Realty Co.
  Buyer:  LBA Realty
  Price:  $41,200,000

Land Sale

  Walt Arrington, CBRE
  Kevin McKenna, Colliers International
  Seller:  Lewis Commercial Developers
  Buyer:  Birtcher Goodman
  Price:  $89,000,000

Cooperative Transaction

  Walt Arrington, CBRE
  Kevin McKenna, Colliers International
  Seller:  Lewis Commercial Developers
  Buyer:  Birtcher Goodman
  Price:  $89,000,000

Hat Trick Transaction
The Largest Transaction for 2012 (Procuring and Listing SIOR Members)

  Doug Earnhart, Lee & Associates
  Paul Earnhart, Lee & Associates
  Jeff Ruscigno, Lee & Associates
  Michael McCrary, Jones Lang LaSalle
  Landlord:  Alere Property Group (SIOR Member)
  Tenant:  Hautelook Nordstroms
  Price:  $29,810,190

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Scholarship

May 23, 2013

SIOR Inland Empire & Orange County presented the 2013 Scholarship Award to Steve Saunders, Cal Poly Pomona Finance & Real Estate Major.  Steve is also an intern at the Cushman & Wakefield Inland Empire office.  Pictured below is Rick John, SIOR with recipient Steve Saunders.

 

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