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PROPERTY MANAGEMENT |
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LIDO MARINA VILLAGE - NEWPORT BEACH, CA
On July 1, 2009 Davenport Partners was hired as the on-site manager tasked to handle project operations and construction management projects, as well as coordinate marketing and leasing efforts for Lido Marina Village in Newport Beach, CA for Vornado Realty Trust. Vornado (NYSE:VNO) is one of the largest owners and managers of real estate in the United States with a portfolio over 100 million square feet in its major platforms, primarily located in the New York and Washington, DC metro areas. Although Davenport generally does not take on many third-party management assignments, we were referred to Vornado and accepted the assignment since the property was in Newport Beach, was significant in size and because we thought building a relationship with Vornado might be mutually beneficial.
Please click on the following link for the rest of the story. 
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ACQUISITIONS |
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1003 COOLEY, COLTON, CA
Davenport Partners has acquired 1003 E. Cooley Drive in Colton, California as of November 30, 2007. Located at the heart of the Cooley Ranch office sub-market, this building is a 2-story atrium-style multi-tenant office building, totaling 26,623 square feet. It is conveniently accessible via the 10 and 215 Freeway in the fast-growing Inland Empire. |
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2601 OCEAN PARK BLVD., SANTA MONICA, CA
Davenport Partners has acquired 2601 Ocean Park Blvd., Santa Monica, CA as of August 2, 2006. This property is three-story, 44,400 square foot, multi-tenant office building, with an attached three-level parking structure that fronts Ocean Park Blvd., and is located one-half mile south of the Santa Monica (10) Freeway. |
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800 S. BARRANCA, COVINA, CA
Davenport Partners has acquired 800 S. Barranca, Covina, CA as of August 1, 2006. This property is a Class A, 89,500 square foot, five-story office building, located 1 block north of the San Bernadino (10) Freeway. |
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KATELLA
CORPORATE CENTER, 4281 KATELLA AVENUE, LOS ALAMITOS, CA
Davenport
Partners has acquired
Katella Corporate Center, 4281 Katella Avenue, Los Alamitos,
CA as of May 18, 2006 . The property consists
of an 80,609 SF mulit-tenant office building. The project
is located on Katella Avenue approximately 1.5 miles east
of the 605 Freeway. |
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N. NIMITZ HIGHWAY, HONOLULU HAWAII
Davenport
Partners together with private investors
acquired a 35,000 sf refrigerated warehouse in Honolulu, Hawaii
on March 31, 2005. |
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DISPOSITIONS |
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925 DILLINGHAM BLVD., HONOLULU, HAWAII
Davenport Dillingham Partners announces the sale of 925 Dillingham, Honolulu, HI on October 3, 2008 to a Honolulu based private investor. The 54,696 sq. ft. two-story office building was purchased in August 2006 and the project’s single tenant Sprint renewed their lease in Fall 2007. In addition, the property underwent a lot split in Spring 2008 so future development of office, retail and/or structured parking uses can occur in the surface parking area. |
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SIXTH STREET CENTER, ONTARIO, CA
Davenport Partners announces the sale of 1131 West Sixth Street, Ontario, California on June 5, 2007 to an affiliate of Michael L. Meyer Company. Davenport Partners puchased the 60,000 square foot multi-tenant office building in January 2005 and undertook renovations and lease-up of the property. |
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180 NEWPORT CENTER DRIVE, NEWPORT BEACH, CA
Davenport Partners announces the sale of 180 Newport Center Drive, Newport Beach, California on March 6, 2007 to an affiliate of Michael L. Meyer Company. Davenport Partners purchased the 40,000 square foot multi-tenant office building in March 2005 and undertook renovations and lease up of the property. |
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MOUNTAIN
GROVE OFFICE PARK
Davenport
Partners announces the sale of Mountain Grove Office Park,
Upland, California on November 8, 2005 to PRES-Mountain Grove,
L.P.. Davenport Partners purchased the 150,000 square
foot Class A Office Park in October of 2002. Immediately
following the acquisition Davenport Partners undertook a complete
renovation and lease up of the Office Park. |
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80
SOUTH LAKE AVENUE, PASADENA, CA
Davenport
Partners announces the sale of 80 South Lake Avenue, Pasadena,
California on September 9, 2005 to 80 South Lake LLC, an affiliate
of IDS Real Estate Group and Cal- STRS. The sale occurred
after the completion of the structural upgrade, extensive
renovation and lease-up of the property. The property
was purchased in October 2003 by a joint venture of Davenport
Partners, Buchanan Street Partners and outside investors.
The property was 50% leased when purchased and 92% leased
and occupied at the time of sale. |
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IRVINE,
CA
Davenport
Partners, as Asset Manager to the Pappas Family ownership/seller,
handled the $11.5 million disposition and sale to Home Loan
Funding of a 103,000sf office building located at 16808 Armstrong
Ave., Irvine. The transaction closed June 17, 2005 |
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CAMARILLO,
CA
The
Camarillo Development project was sold to Chase Partners,
Ltd. at the end of December 2004. For more information
contact Mike Foxworthy of Daum Commercial at 805-987-8866
*313 or mike.foxworthy@daumcommercial.com |
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