Sperry Van Ness® / SVN Management, Inc. Broker Forum a Huge Success

IRVINE, CA (Feb. 15, 2011) - Sperry Van Ness® / SVN Management, Inc. held its quarterly Broker Forum event on January 31, 2012 at The Pacific Club (middle left photo) in Newport Beach, Calif. 

With more than 150 guests in attendance, the free, networking event attracted brokers from various companies who shared their listing inventory with fellow attendees.

 “The Broker Forum’s were created in the spirit of broker cooperation and collaboration to foster networking of local commercial real estate brokers,” said David Mashian, vice president of business development for Sperry Van Ness® / SVN Management, Inc.. “Attendees were very happy with the networking and presentations at the event.”

 The Broker Forum was sponsored by the Orange County CCIM and the Board of Realtors as well as many corporate sponsors including Bank of America, Globe St. IPX 1031 and George Smith Partners.

 According to Mashian, the presentations outlined that buyers wanting to purchase distressed commercial real estate in the future will most likely have to buy the notes from the banks, and will be responsible for foreclosing on the asset to get possession.

 It was demonstrated that much of the distressed assets exists as shadow inventory and will take the next three or more years to clear through.  Furthermore, it was made clear that much of the discount in pricing for assets in the market reflect true market value and to be cautious when purchasing.

 Sperry Van Ness® / SVN Management, Inc. holds Broker Forum events every quarter. The next event will focus on social networking, applications and technology for commercial real estate brokerage. 

“We want to make the Broker Forum a value added experience for commercial real estate brokers where the presentations, networking contacts and sponsors will bring real benefits to attendees,” said Burton Young (top right photo), president of Sperry Van Ness® / SVN Management, Inc.  “Our company is very much about bringing benefits to all our agents and the brokerage community through proactive cooperation and collaboration.”

For further information, contact:

David Mashian | Vice President, Business Development

Sperry Van Ness – Irvine | SVN Management, Inc.

18881 Von Karman Avenue, 8th Floor | Irvine, CA 92612

Mobile 310-903-6907 | Direct 949-705-5006

Megan Morales

Sperry Van Ness

714.273.2472

megan.morales@svn.com

Voit Real Estate Services Directs Seven Transactions Totaling $11 Million in Southern California

  

SOUTHERN CALIFORNIA, (Feb. 15, 2012) – Voit Real Estate Services has directed seven transactions in Southern California totaling 277,845 square feet for a total consideration of $11.2 million.

Transaction #1

Trent Walker, a Senior Vice President in Voit’s Irvine office, directed the $2.5 million sale of a 16,240 square-foot indusial property located at 27402 Aliso Viejo Parkway in Aliso Viejo, Calif.  Walker represented the seller, Ossur Americas, Inc., a global producer of orthopedics. The buyer was Saddleback Associates.

Transaction #2

 Trent Walker and Gregory Velastegui of Voit’s Irvine office completed the sale of a 40,060 square-foot indusial property in Santa Ana, Calif. for a total consideration of $2.47 million. Walker and Velastegui represented the seller, Harvard 5 Partners, and the buyer, Woogie Investments, Inc.  The property is located at 3433 Harvard in Santa Ana, Calif.

 Transaction #3

Keith Kropfl, a Senior Vice President in Voit’s Irvine office, directed the sale of a 48,206 square-foot retail property located at 14515-14598 7th St. in Victorville, Calif. for a total consideration of $2.15 million. Kropfl represented the seller, IPTV-B-L6-144, LLC. The buyer was The JNJ Texas Enterprises, LLC.

Transaction #4

Skyler Serrano, a Senior Associate in Voit’s Irvine office, directed a new five-year lease of a 151,589 square-foot industrial property located at 1509 Bluff Road in Montebello, Calif. for a total consideration of $1.4 million.  Serrano represented the lessee, Truck Terminals Plus, LLC, which plans to use this property to expand its business in the Los Angeles County market. The lessor, Short Line, LLC, was represented by Peter Bacci of Lee & Associates-Commerce, Inc.

Transaction #5

 

 Paul Caputo, a Vice President in Voit’s Anaheim office, completed a 12,556 square-foot industrial acquisition located at 10540 Ashdale St. in Stanton, Calif. for a total consideration of $1.206 million. Caputo represented the buyer, EZ Nails Inc. The seller was Wanda L. Compton Trust.

Transaction #6

Brian Williams and Stan Kwak of Voit Real Estate Services’ Anaheim office completed the acquisition of a 6,982 square-foot industrial property for a total consideration of $802,930. The property is located at 1770 Miraloma in Placentia, Calif.  Williams and Kwak represented the buyer in the transaction.

Transaction #7

Jeff Mitchell and Gil Marrero of Voit’s Irvine office directed the sale of a 2,212 square-foot office property in Newport Beach, Calif. for a total consideration of $675,000. Mitchell and Marrero represented the seller, Shigeru & Yumiko Takada. The buyer was The Kamran Family Living Trust. The property is located at 2072 Orchard Ave. in Newport Beach, Calif. 

 Contact: 

Judith Brower/ Jenn Quader

Brower, Miller & Cole

(949) 955-7940

JQuader@browermillercole.com

UCI's Kerry Vandell to Serve as Keynote Speaker at Inaugural O.C. Commercial Real Estate Spire Awards Mar.1 at the Pacific Club, Orange County, CA

  

 Orange County, Calif., February 14, 2012 – Kerry Vandell (middle left photo), Director of the UCI Center for Real Estate has been announced as the keynote speaker for the first annual “SPIRE Awards” program, recognizing commercial real estate achievements by men and women in Orange County, and presented by the Commercial Real Estate Women, Orange County chapter (CREW-OC).

Open to individuals and teams in development, construction, brokerage, interior design, lending and architecture, CREW’s SPIRE Awards recognize Superior Performance In Real Estate. 

The Inaugural SPIRE Awards will be presented by Parker Kennedy, President of First American Title during a cocktail reception at The Pacific Club on March 1.  Tickets are available for purchase at www.crewocspireawards.com

The judges for the SPIRE Awards include Susan Graham, Partner, Allen Matkins; Jane Lloyd, Managing Director, US Investments, Dexus Property Group; Steven Milner, Managing Partner, Squar Milner; Marina Massari, Senior Vice President, Irvine Company; Lydia Shen, Managing Director, Cornerstone Real Estate Advisors, Inc.; Guy Johnson, President and CEO, Johnson Capital; Patrick Remolacio, President, SIOR Orange County and a top broker at Colliers International; Sal Provenza, Chairman, Building Blocks and Managing Director of CWP Advisors; Lisa Hirose, Chief Administration Officer, Donahue Schriber; David Kim, Managing Partner, The Bascom Group.

CREW-OC will recognize the individual or team selected in the categories of:

Development/Building and/or Renovation Project; Best in Leasing; Best in Sales;

Most Significant Loan; CREW-OC Member; Philanthropist.

“Bringing a major commercial real estate awards contest to Orange County is long overdue,” notes Jennifer Stroffe (top right photo), President of CREW-OC and a Senior Associate at Friedman Stroffe & Gerard, P.C.

 “Commercial real estate is one of this county’s key industries.  Orange County has served as a tremendous source of innovation in the field, and we are a catalyst for commercial real estate trends nationwide.  Our SPIRE Awards will recognize some of the finest in the industry each year.”

Sponsors for the event include Diamond Sponsors Aon Risk Solutions; Bank of America and CBRE. Gold Sponsors are Brower, Miller & Cole; Irvine Company; Orange County Business Journal; Troutman Sanders, LLP; and Willis.  Silver Sponsors are AIR Commercial Real Estate Association; Auction.com Commercial; CoStar; Globest.com; and US Bank.

The Inaugural SPIRE Awards are co-chaired by Dana White (middle right photo), Vice President of Bank of the West, Past-President of CREW-OC and Co-Chair of CREW SPIRE Awards, and Sheldon Ascher of the Orange County Business Journal and Co-Chair of CREW SPIRE Awards.

Tickets purchase prior to February 27 at 5 p.m. are $65 for members and $85 for non-members.  Following that day, tickets will be $80 for members and $100 for non-members.  Tickets can be purchased at www.crewocspireawards.com

Commercial Real Estate Women of Orange County (CREW-OC) is a member organization of the Commercial Real Estate Women Network and has been serving Orange County real estate professionals since 1988.  CREW-OC is a non-profit organization established to promote and sponsor educational and professional activities for its members in the field of commercial real estate.  Further information on the organization is available at http://www.crew-oc.org./

Media Contact:

Judith Brower

Brower, Miller & Cole

(949) 955-7940

jbrower@browermillercole.com