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Katie Hinderer

Contributing Writer
The NFL Expands, Extends Lease for Media Operation
The NFL has expanded and extended its lease in Hudson Pacific Properties’ 10900 and 10950 Washington properties. As part of the new deal, the NFL will take on an additional 22, 221 sq. ft. through the middle of 2017. Financial terms of the deal were not released.
HFF Secures $11M Financing for Medical Office Portfolio
Holliday Fenoglio Fowler has arranged $11 million in financing for two-building medical office portfolio. A joint venture consisting of Pacific Prime Properties and Hager Pacific own the two properties, located at 12665 Garden Grove Blvd. in Garden Grove, Calif. and 10861 Cherry Street in Los Alamitos, Calif.
Hager Pacific Expands Portfolio with Two Fitness Centers
Hager Pacific Properties has added two California fitness properties to its portfolio. The properties are located in Fremont and Newport Beach, Calif.
Bascom Group Purchased 175-Unit Apartment Complex
Bascom Group LLC has purchased the 175-unit Andalucia Apartments in Palm Springs, Calif. The terms of the sale were not disclosed.
Meta Housing Completes $43.8M Senior Apartment Complex
Meta Housing Corp. has finished constructing its $43.8 million mixed-use development in Hollywood, Calif. The Metro @ Hollywood includes 5,500 sq. ft. of retail as well as 120 apartment units and is located on the corner of Hollywood Boulevard and Garfield Place.
CT Realty/Artemis JV Sells Industrial Property for $11.8M
A joint venture of CT Realty Investors and Artemis Real Estate Partners Fund I has sold the 123,000-sq.-ft. corporate headquarters building at 6 Whatney in Irvine, Calif. The unnamed buyer, an owner/user, purchased the property for $11.8 million. The facility is located on 5 acres of land within the Irvine Spectrum submarket.
The Shops at Indian Hill Sells for $14M
The Shops at Indian Hill has been sold by Red Mountain Retail Group for $14 million, at a 7.61 percent capitalization rate. The buyer was an unnamed Los Angeles-based private investor.
Bristol Parkway Property Sells for $12.65M
APW Bristol Parkway Associates LLC has purchased the office building at 6133 Bristol Pkwy. in Culver City, Calif. for $12.65 million. Praedium/Palisades Partners disposed of the 51,288-sq.-ft. building in an off-market transaction.
Longkin Properties Disposes of Industrial Property for $6M
Longkin Properties has disposed of the 109,367-sq.-ft. industrial property at 1111 Pioneer Way in El Cajon, Calif. The facility, which sits on 4.4 acres, sold for $6 million to 1111 Pioneer Partners LLC.
Jacmar To Build $23M Industrial Facility
Jacmar Foodservice Distribution has purchased the 10.67-acre industrial site at 300 N. Baldwin Park Blvd. in Industry, Calif. Chalmers Equity Group disposed of the property after entering into negotiations with three potential buyers.
InvenSense Leases 130,000SF for New Headquarters
InvenSense Inc. has leased 130,000 sq. ft. at 1745 Technology Dr. in San Jose, Calif. The long-term office lease will give InvenSense a large portion of the 228,000-sq.-ft. building owned by Equity Office. The lease details were not disclosed.
CBRE Global Investors Fund Adds 748 Apartment Units to Portfolio
CBRE Strategic Partners U.S. Value 6 has added two apartment communities to its portfolio. The fund sponsored by CBRE Global Investors has purchased Dunwoody Place in the Buckhead/Sandy Springs, Ga. and The Connection at Buffalo Pointe in Houston. The sales terms of the deals were not released.
Construction Completes on $110M Civic Center and Park Project
Construction has completed on the Civic Center and Park Project in Newport Beach, Calif. The 117,000-sq.-ft. project, being developed by C.W. Driver, has been underway since the first half of May 2010.
Beverly Hills Ferrari Maserati To Build 20,000SF Dealership
Vivial Markham Trust has sold the 28,500-sq.-ft. parcel of land at 23305 Hawthorne Blvd. in Torrance, Calif. Beverly Hills Ferrari Maserati purchased the property for $2.3 million.
Grosvenor Americas Sells La Colonnade
La Colonnade has been sold by Grosvenor Americas to an undisclosed private investment group. Terms of the sale were not released.
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