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- CoStar's People of Note (May 12 - 18)This week's People of Note includes the following markets: Detroit, Charlotte, Phoenix, New York, Charleston, South Florida, and San Diego. DETROIT Farbman Group Promotes Gutman, Kalil By Tim Heise Farbman Group, a Southfield, MI-based, full-service real estate solutions company, has promoted CFO Andrew Gutman to president of the company. Gutman joined […]
- The Talley Bldg Sells for $8.5MFelsenthal Property Management, Inc. purchased 1950 Williams Dr. in Oxnard, CA for $8.54 million, or approximately $45 per square foot. Built in 1970, the 190,436-square-foot manufacturing facility sits on 12.6 acres in Ventura County. The price is considered below market because a substantial investment is required to put it into service, and 25 percent of […]
- Wilson Courtyard Apartments Sell for $6.5 Mil.El Molino & East Walnut LLC purchased the Wilson Courtyard Apartments at 168-188 N. Wilson Ave. in Pasadena for $6.5 million, or $282,609 per square foot with a 5% cap rate. Built in 2005, the 23-unit multifamily building totals 19,496 square feet on 0.49 acres. The two-story property was 95% occupied at the time of sale. Wilson Courtyard, Inc. was the s […]
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