Regions Southwest
Mini Mall in Corona Fetches $548 Per-SF
May 7, 2008

Ownership of Hamner Square, a 12,231-square-foot strip center in Corona, Calif., has changed hands.  A private partnership sold the property to Karra'a Family Trust in an all cash transaction that reached completion in a short 35 days. Developed one a one-acre parcel just one year ago, Hamner Square is 100 percent leased to a list of tenants that includes 7-Eleven. Hanley Investment Group represented both buyer and seller in the transaction.

 
Recent Southwest Headlines
Correction: Shops at Vineyard Village Lists for $43M in Texas
July 19, 2008
An item here yesterday stated that on behalf of the seller, Marcus & Millichap Real Estate Investment Services had sold for $43 million the Shops at Vineyard Village, a 208,000-square-foot shopping center in Euless, Texas.
Lake Las Vegas Vegas-Area Resort Developer Files for Bankruptcy
July 18, 2008
A sluggish economy coupled with housing market woes nationwide trickled down to the robust Las Vegas housing market, contributing to the filing to reorganize under Chapter 11 bankruptcy for Lake at Las Vegas Joint Venture L.L.C., the master developer of the Lake Las Vegas Resort.
terminal Vegas Airport Awards $1.2B Construction Contract
July 17, 2008
Las Vegas's McCarran International Airport has awarded a $1.2 billion construction contract to Perini Building Co.
Grubb & Ellis Sells Texas Office Property
July 17, 2008
Grubb & Ellis Realty Investors L.L.C. announced the disposition of 1410 East Renner Road, a two-story office building in the Dallas suburb of Richardson, on behalf of tenant-in-common investors.
Trademark Buys Padre Staples Mall in Texas, Plans $50 Renovation
July 16, 2008
Trademark Property purchased Padre Staples Mall in Corpus Christi, Tex, the company said today.