Long Beach Multifamily Building Sells for $73 Million

A 234-unit multifamily building in Long Beach has sold for $72.5 million. The property was 95% leased at the time of the sale, according to CoStar Group Inc. Advanced Real Estate Services Inc. purchased the property at 1718 Ximeno Ave. from Blackstone Group and Phoenix Realty Group. Phoenix Realty paid $34.5 million for the building in 2011.
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Ports Of Los Angeles, Long Beach Taking Cooperation To "Next Level"

The Port of Los Angeles and Port of Long Beach are holding discussions about entering into a memorandum of understanding (MOU) to address joint challenges and strengthen the relationship between the two ports. Gene Seroka, the executive director of the ...
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Live, Play But No Work: Big Office Tenants Are The Only Thing Missing In Long Beach

Want to get a jump-start on upcoming deals? Meet the major Los Angeles players at one of our upcoming events! Long Beach's downtown is thriving with new bars, restaurants, retail, hotels and other developments. The number of multifamily projects has been ...
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From Jersey To Long Beach, Trade War Can’t Dim Industrial Prospects On Coasts

Want to get a jump start on upcoming deals? Meet the major New York City players at one of our upcoming events! But in the ports where building materials and consumer goods are imported, real estate prospects are still looking up. While experts agree that ...
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