coreland News

Coreland Companies announced it has brokered 5 transactions in Orange and Riverside counties for a total consideration of more than $6 million.

Coreland has enhanced its Brokerage division by adding industry veteran Kim Talley to its Retail Brokerage division. Talley was formerly a Senior Associate with CB Richard Ells and joins Coreland as Senior Associate, Retail Brokerage.

Coreland Companies negotiated three quick serve restaurant leases in Southern California, totaling 7,300 sq. ft. with a total value of more than $2.5 million. The leases were with Burger King, Five Guys Burgers & Fries and Waba Grill.

The brokerage division of Coreland Companies has negotiated four retail lease transactions in Southern California during the third quarter of 2010, totaling more than 50,000 sq. ft., with a total value of nearly $4 million.

Bryan Bauer of Coreland Companies represented the seller in the sale of a 3.3-acre vacant auto dealership in the 50+ acre, 14-dealership Santa Ana Auto Mall in Santa Ana, Calif. The purchase price was $5,750,000.

Coreland Companies negotiated leases with Planet Fitness and Phoenix Group Information Systems. Total value was more than $3 million.

Coreland’s Principal Patrick Galentine has been appointed State Court Receiver in matters involving four assets located in Southern California totaling 1,231,000 sq. ft. of retail, office and industrial space.

Coreland Companies has significantly enhanced its Brokerage division to oversee the firm's continued growth in the retail and office market sectors.

Coreland has recently been awarded over one million square feet in property management contracts. Nearly half of the new assignments are on behalf of state court-appointed receivers.

Coreland’s Principal Patrick Galentine has been appointed State Court Receiver in matters involving two assets located in Southern California. Coreland Companies will be responsible for the property management during the receivership period.

Coreland Companies’ leasing/sales division negotiated a lease with A&K Management, LLC, dba Arby’s, in Tustin and dd’s Discounts in Riverside, totaling more than $4 million.

Coreland Companies’ leasing / sales division negotiated two leases: a 12,430 SF lease in Huntington Beach with Orbital Sciences Corp. and a lease with The Glidden Company, dba ICI Paints, for 4,250 SF in Costa Mesa.

Coreland Companies has opened its second Orange County office, strategically located in Brea to better serve its clients in northern Orange County. This brings the total number of Coreland offices in Southern California to nine.

Coreland Companies of Tustin, CA, one of the largest real estate service companies based in California, was awarded seven new retail leasing assignments in Southern California totaling nearly 750,000 square feet during the second quarter of 2008.

Steven J. Hogberg of Coreland Companies represented the seller in the $1.9 million sale of a two-story 9,780 sq. ft. office condo building located at 3505 Cadillac Ave. in Costa Mesa, CA within Cambridge Park, a 220,000 sq. ft. business park.

Coreland Companies negotiated a 10-yr., 5,000 sq. ft. lease valued at $2.8 million for Washington Mutual to occupy a new free-standing building to be constructed on a pad at the Santa Fe Springs Plaza, and is expected to open in the 4th quarter 2008.

Coreland Companies negotiated several leases totaling nearly 30,000 SF in So. CA including 24 Hour Fitness in West Covina, Tesco’s Fresh & Easy in Anaheim, and three second floor leases at Bella Terra in Huntington Beach.

Coreland Companies of Tustin, Calif., one of the largest real estate service companies based in Calif., has named industry veteran Laurie Sneve as CFO. Sneve has more than two decades of professional experience in accounting and financial reporting.

Coreland Companies announced that its Leasing / Sales Division was awarded seven new retail leasing assignments in So. CA totaling more than a quarter million square feet, during 2nd quarter 2007.

Coreland Companies has added Fred Godinez and Brian Wegener as Leasing/Sales Associates to the company’s Leasing/Sales Department.

Tustin, CA-based Coreland Companies opened a new regional office in Salt Lake City, the firm’s first out of state office, and named local real estate management expert Renee Pugh as Regional RE Mgr.