News

Title

Date

Storm Properties Acquires Former Whittier Gas Station/Commercial Parcel for Redevelopment Into New Townhomes

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 vacant. The development required a zone change and general plan amendment from commercial to residential...

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September 17, 2015

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....

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September 9, 2015

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. ....

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September 8, 2015

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 first quarter of 2016....

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August 19, 2015

Storm Properties Inc. Hires Joseph Kim as Director of Finance

TORRANCE, CA--(Marketwired - May 11, 2015) - Storm Properties Inc., a leading developer, owner, and manager of residential, industrial and commercial properties, announced today it has hired Joseph Kim as director of finance...

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May 11, 2015

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...

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April 29, 2015

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...

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April 1, 2015

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...

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January 20, 2015

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...

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May 6, 2014

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...

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April 28, 2014

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...

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November 19, 2013

CVS Pharmacy Under Construction at Storm Plaza, Torrance

TORRANCE, Calif. — Construction has begun on a 14,500 square-foot, free-standing space for anchor tenant CVS Pharmacy in the first phase of Storm Plaza, a new retail center on 4.2 acres located at the northwest corner of Sepulveda Boulevard and Normandie Avenue in Torrance...

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July 15, 2013

Storm Properties, Inc. Appoints Alan Kwan Acquisitions Manager

TORRANCE, Calif. —Storm Properties, Inc., an active acquirer, developer, owner and manager of industrial and commercial property, with a primary focus in Southern California, is pleased to announce the addition of Alan Kwan as acquisitions manager to its team...

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November 15, 2012

Storm Entities Announce Two New Real Estate Projects

In recognition of the improving economy, Storm Properties, Inc., and Storm Western Development, Inc., announce two new real estate projects.

Storm Western proposes a 16-unit, detached patio-home community on a 0.9-acre infill site at Pacific Coast Highway and Cypress Street in Lomita. Currently awaiting approvals from the city of Lomita, the residences are projected to offer approximately 1,600 to 1,900 square feet of living space. Construction is expected to start in 2013...

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April 03, 2012