News

VAN NUYS, CA–(Marketwired – Jan 12, 2016) – Storm Properties Inc. continues its aggressive acquisition push with the all-cash purchase of a prized, unentitled 3.4-acre parcel at 14700 Sherman Way in Van Nuys from the International Church of the Foursquare Gospel. Read More

WHITTIER, CA–(Marketwired – Sep 17, 2015) – Storm Properties, Inc., continues on its aggressive acquisition push of infill properties for residential development, acquiring a vacant lot on the northwest corner of Hadley Street and Magnolia Avenue. The site once had a gas station, antique shop, and miniature golf course through 2003, and has since been […]

LOS ANGELES—With demand for housing options high, Storm Properties buys an unentitled land site in the South Bay with plans to build for-sale single-family homes… Read More

HARBOR CITY, CA–(Marketwired – Sep 8, 2015) – Amid a sustained demand for new housing in premier infill locations, Storm Properties, Inc. has acquired an unentitled parcel of land at 25416 McCoy Ave. and 255th Street in Harbor City… Read More

GARDENA, CA–(Marketwired – Aug 19, 2015) – Storm Properties Inc., a leading developer, owner, and manager of industrial and commercial properties, announced today the hiring of CBRE to handle leasing of Storm Fujimoto Industrial Center, a state-of-the-art, 114,061 square-foot, Class-A industrial building in Gardena. Construction is underway and Storm anticipates a completion date in the […]

TORRANCE, CA–(Marketwired – Apr 29, 2015) – Storm Properties Inc., a leading developer, owner, and manager of industrial and commercial properties, announced today the acquisition of 5.46 prime acres in Gardena, Calif., with plans to develop a 115,000 square-foot, Class-A industrial building… Read More

TORRANCE, CA–(Marketwired – Apr 1, 2015) – Storm Properties Inc. has hired industry veteran Jon Spelke as director of development to oversee entitlement and development responsibilities for its growing commercial and residential property portfolio… Read More

TORRANCE, CA–(Marketwired – Jan 20, 2015) – Completing its second all-cash acquisition in two months, Storm Properties Inc. has acquired out of receivership Glendora Marketplace, a 22,000 square-foot retail center located at the intersection of Lone Hill Avenue and Gladstone Street in Glendora… Read More

LOS ANGELES—The 50,000-square-foot, CVS-anchored shopping center begins the second phase of construction, which includes a 4,250-square-foot Wells Fargo bank, GlobeSt.com reports in this UPDATE to a previous story… Read More

TORRANCE, CA–(Marketwired – Apr 28, 2014) – Wells Fargo Bank has signed a lease and construction is underway on Phase II at Storm Plaza, a new retail center on 4.2 acres at the northwest corner of Sepulveda Boulevard and Normandie Avenue in Torrance… Read More