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The Korda Group acquired 2560 Teller Drive, a 72,000 SF mission critical facility with a long term lease to a publicly traded Tenant. The Building is located in the heart of Thousand Oaks with easy access to the 101 freeway, at the center of the burgeoning Conejo Valley biotech sector. Constructed in 2006, 2560 Teller…
Author Archives: Korda Construction
May
25
2021
The Korda Group is pleased to announce the acquisition of 10931 Laureate Drive in San Antonio, Texas. 10931 Laureate Drive is a mission critical facility entirely leased to a Credit Tenant on a long-term lease. The Building features amenities including indoor courtyards, secure data centers, ‘creative’ break areas, and above average parking. “As a single…
May
10
2021
The Korda Group sold North Pointe Apartments in Corvallis, Oregon. The 160 unit Community was the Korda Groups only asset in Oregon. “With the Covid pandemic in full swing, tertiary markets like Corvallis have seen record valuations,” said Daniel Korda, the Company’s Commercial Property Supervisor, “and we felt this was an idea time to redeploy…
Dec
31
2020
The Korda Group sold 4084 Gaviota, a 28 unit 1970s area building in Encino, California. The building was the last community owned by The Korda Group built by Joseph Korda, the Company’s founder. “While the sale of such a sentimental asset is bittersweet, we have outgrown communities of this size and feel the capital can…
Dec
01
2020
Medici Apartment Homes in Bermuda Dunes, California was acquired by the Korda Group in December 2020. The 140 Unit Property was built in 2005 and features resort style amenities including a pool area with a cabana and outdoor TV, renovated clubhouse, and a fully equipped, state of the art gym. “The Cochella Valley has seen impressive…
Apr
28
2020
The Korda Group is pleased to anounce the sale of 951 Stadium Way, an entitled development site on the 110 freeway close to Dodger Stadium. The Site was entitled for 158 units but can be rezoned under the Transit Oriented Communities (TOC) program. Company President Robert Korda said: “We were able to complete this sale in the…
Apr
03
2019
KORDA GROUP ANNOUCES OPENING OF THE MANSFIELD AT MIRACLE MILE Award Winning Mixed-Use Project Features 138 Units over 13,000 SF of Retail The Korda Group is pleased to announce the opening of The Mansfield at Miracle Mile. Located at 5100 Wilshire Blvd, a block away from the future Purple Line Station at Wilshire and La…
Sep
12
2018
Acquired Pacific Trails Centrally located in Covina, this 84-unit community features a pool, fire pit, and spacious grounds. Renovated apartment homes include newly outfitted kitchens and bathrooms. Select units have private backyards. Click here to view property website.
Jul
12
2018
Purchased The Trails at San Dimas This 288 home apartment community features renovated units, two pool areas, a clubhouse, gym, and tennis court. With over 600 trees and a forest like setting, The Trails provides as oasis like setting in one of the premiere cities in the San Gabriel Valley. Click here to visit the…
Apr
12
2018
Disposition of Nova Pointe Sold Nova Pointe, a 600 unit community in Colton, CA. After a six year hold, the Nova Pointe traded at a 50% premium over the purchase price.