AIR's Office Data Thrust Draws Largest Single Office Membership
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AIR’s concerted and successful thrust into the office data gathering arena in Los Angeles and Orange Counties has attracted what is regarded as the largest single office membership commitment in AIR history with the announcement that Coldwell Banker Commercial WESTMAC and its 36 broker licensees, have signed on as AIR members.
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Timothy Macker, president of West Los Angeles-based Coldwell Banker Commercial WESTMAC, and Tim Hayes, executive director of the AIR, jointly made the announcement and hailed it as a certain precursor of substantial recruitment of regional office brokers into the AIR family. |
“AIR has made a big push into tracking office real estate to augment its long-time leadership in industrial properties,” Macker said. “WESTMAC’s thrust is primarily office as much of the industrial property on the West Side has been transformed to office or disappeared.” |
Noting that the AIR’s office property tracking capabilities now encompass L.A., Orange, San Bernardino, Riverside and Ventura Counties, Macker added: “AIR has invested considerable time and money into the office and retail property data sectors, making it a true full-service, detailed property service. This explains why we as a company have become totally involved. What makes AIR distinctive in this regard,” Macker adds, “is that it is broker-owned, speaks the broker’s language and specifically meets our needs. AIR’s office data is designed to be user friendly to commercial real estate brokers,” he said. |
Commenting on CDX, AIR’s new Internet-based, single source property based information system, Macker said, “CDX is a really quality template for information, allowing brokers to readily get answers to salient questions about real estate.” |
Hayes added that via CDX, AIR members now have access to data in 28 other markets around the country, including San Diego. |
Macker emphasized that in addition to quality office data, brokers benefit from the time-proven AIR protocols and practices, its seminars, educational forums and dispute resolution practices. “We have found that because AIR enjoys the full cooperation of its member brokers and is a non-profit organization, it is able to provide access to its data and services to brokers at costs that are more competitive than existing for profit providers,” Macker declared. |
Joining the AIR as part of the Coldwell Banker Commercial WESTMAC commitment (Macker and colleague and Senior Vice President Greg Batiste were already long-time members) are John B. Bertram, Christian C. Holland, Alexander B. Sachs, Craig R. Newlands, William B. Althouse, Leonard C. Blum, Marcus J. Capanna, Tricia E. Thompson, Luke J. Palmo, James K. Stanfill, J. Patrick Sheekey, Amanda E. Nagler, Andy Hasan, Ryan M. Johnson, Jeffrey M. Pickett, Allison N. Mossler, David B. Thind, Scott L. Gertz, W. Trevor Julian, Brian R. Hart, Sam Ferrell, Christopher W. Benton, Jennifer E. Thind, Larry E. Perel, Lloyd H. Bakan, James D. Bailey, Brian C. Peterson, Scott E. Carr, Tobin M. McAndrews, James W. Ostridge, Eugene M. St. John III, Stephen J. DeBro, and Michael Rojas.
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‘Industry’s Most Powerful Tool’
Member Benefit
It’s not the Internet, it’s not Blackberries, or state-of-the-art cellphones. It’s AIRMail, according to the growing legions of AIR member brokers. AIRMail is AIR’s invaluable member-to-member communications tool. For those not already reaping its benefits, AIRMail is an e-mail system that enables AIR members to instantly communicate with fellow members in order to exchange information regarding their listings, user requirements, open houses and related property activities. Significantly, AIRMail is designed to allow its users to disseminate information by property type and region, thereby increasing transaction opportunities by delivering information that is of primary interest to individual brokers. AIR diligently collects and maintains the Address Book for this service. Once users register their region and property type preferences, pertinent market information is delivered to them automatically via AIRMail. |
AIR
Member Deals
Orange County
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Collins Duo Scores in San Diego County
Charlie Winn, vice president in the Newport Beach office of Collins Commercial, and Vince Cartelli, also with that Collins office, announce their representation of buyer, Shanti Carlsbad, LLC, in the acquisition of a 44,630 square foot industrial/R&D building in Carlsbad for $5.6 million. The property, comprising 4.6 acres of land (including one acre of excess land), is located at 6350 Palomar Oaks Court.The building will be used by Natel Engineering for high tech manufacturing activities. The seller was represented by Dubs and Co. of San Marcos.
• No Tight Squeeze Here
CB Richard Ellis’ Newport Beach office reports that Dave Desper represented JSN Industries, Inc. in its lease of 40,543 square feet of manufacturing/distribution space for 36 months commencing this September at 9700 Jeronimo in the Irvine Spectrum. JSN is a family-owned business that manufactures plastic squeeze tubes and custom injection molded products primarily for the personal care and cosmetic markets. Consideration was not disclosed.
South Bay
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Almost Tres Amigos in $2.5 Million Buy
Patrick M. Cornejo, managing partner of Gateway Business Properties, Gardena, reports his representation of Dos Amigos, LLC, the buyer of a 13,659 square foot industrial facility in Carson for $2.5 million. The building is a full functioning auto restoration facility, Dean Haney of CB Richard Ellis represented the seller, Kalaydjian Family Trust.
Northwest Region
• Colliers Duo Lands $5.7 Million Sublease
John DeGrinis, SIOR, and Patrick DuRoss of Colliers International’s Encino office, have completed a sublease transaction on a 97,810 square foot industrial facility at 21325 Superior St. in Chatsworth. Total consideration was $5.77 million. DeGrinis and DuRoss represented the sublessor, Home Décor Company. Jim Connor of DAUM Commercial Real Estate Services represented the sublessee, American CoPak.
• IDS Aces Northridge Office Deal
Gretchen Sauer, senior vice president of IDS Real Estate Group, reports that ACE American Insurance Company has leased 27,184 square feet of office space at the 10-story West Valley Corporate Center in Northridge. ACE signed a five-year lease valued at over $5 million. Sauer, Rob Fuelling, also a senior vice president of IDS, and Jim Lindvall of Grubb & Ellis represented the joint venture of Chatsworth Office LLC and CalSTRS, owners of West Valley Corporate Center. Tony Acerra and Colin Fitzgibbons of The Staubach Company represented ACE.
AIRQuality
(AIRQuality is a brand new column that will periodically appear in AIRWaves. Its focus will be to report special achievements and notable career moves of AIR members. Submissions for consideration should be e-mailed to Art Ansoorian at artpr@earthlink.net).
Heger Welcomes Two New Associates
The Heger Company of Los Angeles and the South Bay announces the recent hiring of Hak Chung and Brad Giles as the newest members of its Industrial Sales Division in the firm’s Los Angeles office. Chung, who becomes a vice president with The Heger Company, is fluent in Korean and English and his primary focus is the Southern California Korean/American real estate markets specializing in the sale and leasing of industrial and commercial properties. Chung holds a Masters of Fine Arts in Film Production from USC. |
Giles, who initially specialized in high-end retail properties, and now focuses on industrial and commercial real estate, concentrates on offering sales and leasing services throughout Greater Los Angeles, working both with owners, users and investors. Giles holds a Bachelors degree form Loyola Marymount University, majoring in sociology, with a minor in Business Administration. |
Greg Barsamian In ‘Elite’ Company
Greg Barsamian of Coldwell Banker Commercial North County has been recognized as one of Coldwell Banker Commercial’s® 2007 “Top Two”, a designation that is reserved for the elite top two percent of producers from among the more than 4000 CBC professionals organization-world wide. Barsamian was recently honored at the company’s annual Global Commercial Conference held at the Gaylord Palms Resort & Convention Center in Orlando, FLA. |
Foley Favors Team Concept, Communication
Member Profile
When you represent millions of square feet of industrial space, teamwork and communication become a priority Just ask Mike Foley. |
Foley is senior vice president in the Commerce office of CB Richard Ellis who, along with his Partner Dave Hess and Associate Matt Haydis are part of a team that represents over 6 million square feet of master planned industrial business parks in the Commerce and Mid-Counties submarkets for such leading institutional clients as AMB , ING Clarion, INVESCO and LBA. |
Foley brings substantial experience to that effort. He began in industrial real estate in 1980 with Crookall, Shirley in Santa Fe Springs, moving to what was then The Seeley Company in 1986 as senior vice president. In 2001 Foley moved to Trammell Crow Company with the same title, and when Crow was acquired by CBRE in 2007, he became part of the world’s largest brokerage company. |
“Our team at CBRE is relationship driven. Specifically, we team with our clients to market their assets, typically major industrial parks as part of the CBRE one-stop package, which includes project leasing, property management and construction management,” Foley said. “On the institutional side, we try to provide a high level of communication between our institutional clients and brokers representing users with the goal of expediting transactions,” he adds. |
This concept pays off. Recently, Foley and his team, along with CBRE colleague Darla Longo, handled an $80 million sale of the 675,000 square foot Vernon Industrial Park from Blackrock to LBA. |
Foley and his wife of 26 years, Denise, have four children, twins Matt and Kevin, 20, Niki, 18 and Mikey, 12. They reside in Rancho Palos Verdes. Foley likes to ski, B.A.S.E. Jump, mountain bike, and strategize as a Little League coach. |
Quick
Bursts And Coming Events
AIR Contract Forms Review Seminar – Monday, April 21; Marriott Torrance Hotel, 3635 Fashion Way, Torrance. Panelists are Richard L. Riemer, Esq., AIR counsel; Jim Sullivan, SIOR, The Klabin Company, and John Pagliassotti of Voit Commercial Real Estate. Runs from 7:30 a.m. to 5 p.m. Registration fee is $179 for AIR members, $199 for non-members. Includes breakfast, lunch, materials, and sample kit of all forms.
Broker Networking Event - May 28, Home Depot Center, Carson; 5:30 p.m. FREE.
Broker Networking Event -October 22, Orange County. The Pacific Club, Newport Beach; 5:30 p.m. FREE.
In-House Training - The AIR offers
training for e-MULTIPLE, WinAIR Forms, and AIRMail.
If a group of brokers or staff from your office would
like to have the AIR bring training to you in-house,
contact Martin Vartanian at (213) 687-8777. A number
of firms have already taken advantage of this great
service and been very pleased with the results.
Member Deals and Profiles - As soon as you
close a substantial deal, make sure you give Art Ansoorian
a call. Your deal will be featured in the next issue
of AIRWaves. Also be sure to get your personal bio over
to Art and be a featured member in the newsletter; it's
a great way for everyone to meet fellow members! Call
Art at (805) 653-1648, or email him at artpr@earthlink.net.
We Need Your Photos and Bios –
AIR is in the process of building its database of member
photos and bios. If you would like your photo and bio
to appear on the AIR website at www.airea.com,
please send them via mail or e-mail to Martin,
or if you have questions, call him at (213) 687-8777.
Tech
Tip
WinAIR Forms 2 - Online Demo is available on the AIR Website.
AIR has provided an Online demo featuring some of the major functionality benefits of the WinAIR Forms 2 program. Please click here to view the online demo.
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