INDIO, CALIF. — The Indio Teen Center, a $7 million, 12,500-square-foot facility, has opened in Indio. Situated on approximately 4 acres along Avenue 46, the center features a lobby reception area, an Internet café/library with a small kitchen, a game room, a TV lounge, a recording studio, a leadership classroom/conference room, two multi-purpose rooms, a basketball court, an activity field and a barbecue pit. The second phase of the intergenerational campus is the 16,200-square-foot Indio Senior Center, which is currently under construction. With completion slated for mid-2009, the senior center will feature a dining room, a kitchen, a multi-purpose room, an arts and crafts rooms, an activity room, a game room, an exercise room, a computer room, a library/reading room, meeting rooms and administrative offices. WWCOT Architects provided design services for both projects.
Western
VISTA, CALIF. — Sheila Alimadadian of NAI Capital’s Newport Beach, Calif., office represented Brooks Family Trust in the investment purchase of a retail center located at 912-926 Escondido Ave. in Vista. The 9,040-square-foot property sold for more than $2.7 million. Tenants occupying the portion of the center that sold include Yum Yum Donuts, Cricket Wireless, a travel agency, a nail salon, a gift shop and a Mexican restaurant. Peter Fisher of Coldwell Banker represented the seller, Paolo and Lucia Le Medico, in the transaction.
HENDERSON, NEV. — SR Construction has completed the 24,528-square-foot Upper Campus Expansion project at The Henderson International School, which is located at 1165 Sandy Ridge Ave. in Henderson. The project includes a cafeteria/administrative building and a high school classroom building. The cafeteria/administrative building features a full-service kitchen, a dining room, a student store and eight administrative offices. The classroom building features eight classrooms, two science labs with a prep room, a media room, a gathering area and gallery that features 12-foot by 26-foot viewing area. Carpenters Sellers Associates provided architectural services for the project.
GALLUP, N.M. — Supportive Housing Coalition of New Mexico has developed Chuska Apartments, a green and affordable multifamily property in Gallup. Supported by Enterprise Rural and Native American Initiative, the property offers 30 fully subsidized, energy-efficient apartment homes. The units are available for families who earn 60 percent or less of the area median income. Community amenities include a community building, a playground, a community garden and a rock garden. The $8 million project was funded by low income housing tax credits and grants provided by Enterprise Green Communities, the Enterprise Support Housing initiative, city of Gallup, the state of New Mexico, the Annenberg Foundation, the New Mexico Mortgage Finance Authority and the U.S. Department of Housing and Urban Development. Santa Fe, N.M.-based Autotroph provided architectural services for the project.
SACRAMENTO, CALIF. — Hendricks & Partners has brokered the disposition and acquisition of Casa de Angelo, a 100-unit multifamily property in Sacramento. Located at 3151 Notre Dame, the property sold for $6.22 million. Steven Nelson and Al Inouye of Hendricks & Partners’ Sacramento office represented the undisclosed buyer in the transaction. The seller was also not disclosed.
LOS ANGELES — Earle Hyman of Marcus & Millichap’s Encino, Calif., office represented both parties in the sale and acquisition of The Chariton House Apartments in Los Angeles. The 21-unit apartment community sold for $2.8 million. Details of the seller and buyer were not released.
SAN DIEGO — Goodwill Industries of San Diego County has purchased a 10,000-square-foot industrial warehouse building in San Diego. Located at 2640-44 Market St., the property sold for $1.34 million. The building is situated on two 7,000-square-foot parcels and offers six offices, mezzanine storage space and 18-foot ceilings. Bryan Cunningham of Flocke & Avoyer represented the buyer; Tim Mills of Cushman & Wakefield represented the seller, Edward Suleiman, in the transaction.
The Pacific Northwest’s regional economy remains strong even after being impacted by the national and global economic trends. Unemployment is up to 5.3 percent in the region. Housing sales have also slowed, however, sales prices have increased slightly. Most retailers’ sales have increased although across-the-board sales have been flat, since auto and furniture sales are down, due to rising fuel prices and fewer home sales, respectively. Questionable shopping center projects are now being placed on hold or have become staged developments, while well located, designed and tenanted centers are going forward. Well-placed neighborhood centers continue to be planned and developed, though some neighborhood centers have been impacted by Wal-Mart Supercenters and Winco Foods, causing nearby grocers to close or reposition. This has resulted in large vacancies in a few neighborhood centers. Regional and community centers have also seen a few more vacancies, which has caused some retailers previously suffering from poor sales to close stores, while others are taking a more cautious approach to expansion. National retail apparel chains have slowed, bypassing most community center opportunities. Regional malls continue adding lifestyle components. At Southcenter in Tukwila, Washington, a second lifestyle component could be added to the north side of the …
SPOKANE, WASH. — Montgomery Realty, a subsidiary of Aslin-Finch Company, has acquired the 45-acre property formerly known as the SuperValu distribution facility in Spokane. Located between Argonne and Pine roads, the 500,000-square-foot facility has been renamed Copper Bridge Commerce Park. The company acquired the property to accommodate the growth of AFCO Distribution, the wholesale division of Aslin-Finch, and its newly acquired company, Cascade Seed Company. Minneapolis-based SuperValu Holdings sold the property for an undisclosed price.
POMONA AND WHITTIER, CALIF. — W.E. O’Neil Construction Co. has broken ground for two campus projects in California. In Pomona, the company is constructing three three- and four-story residence halls for Cal Poly Pomona. Designed by Sasaki Architects, the 622-bed project will feature suites offering living areas, kitchenettes, bathrooms and private patios/balconies. At Rio Hondo Community College in Whittier, W.E. O’Neil Construction is renovating the campus’ Applied Technology complex, which includes four one-story building wings. The upgrades include seismic upgrades, construction of new restrooms, computer labs and classrooms, and new MEP systems for the Automotive Sciences wing.