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 […]
Developers Scramble to Scoop Unentitled Land
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
Storm Properties Acquires Unentitled South Bay Infill Parcel for New Homes
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
Storm Properties Inc. Begins Work on Prime Gardena Industrial Site
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 […]
Storm Properties Inc. Acquire Prime Industrial Site In Gardena
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
Storm Properties Inc. Hire Industry Veteran to Oversee Development Work
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
Storm Properties Inc. Acquires Glendora Marketplace
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
Storm Plaza Starts on Construction Phase II
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
Phase II Under Construction at Storm Plaza Retail Center, Torrance
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
Ribbon Cutting Marks Grand Opening of New CVS/pharmacy at Storm Plaza, Torrance
A recent ribbon cutting ceremony celebrated the grand opening of anchor tenant CVS/pharmacy’s 16,556 square-foot store and completion of the first phase of Storm Plaza, a new retail center on 4.2 acres located on the northwest corner of Sepulveda Boulevard and Normandie Avenue in Torrance… Read More