Costa Mesa Maytag’s first So Cal...

Costa Mesa Maytag’s first So Cal stop

The Maytag Store opened a new location on Newport Boulevard in

Costa Mesa on Friday marking the company’s first location in Southern

California.

The new 5,000-square-foot store offers a full line of appliances

arranged by category to aid its customers’ search. The store, which

carries Maytag, Jenn-Air, Amana, Magic Chef and Hoover brand

products, will also hold demonstrations of the new appliances.

The style of the new Maytag Store, which also offers wider aisles

and educated appliance experts, was established in order to provide

consumers with a more friendly shopping environment. It is also

equipped with a complete kitchen for cooking demonstrations and

classes.

Aside from providing additional services for the store’s adult

consumers, they have also added a children’s activity area to keep

the children busy while their parents shop.

The Costa Mesa store is the 15th independently owned and operated

Maytag Store in the United States.

Newport Beach realtor sells Hollywood office

CT Realty Corp. of Newport Beach sold its 72,656-square-foot

office property at 4640 Lankershim Blvd. in North Hollywood for $11.5

million to Younan Properties Inc. earlier this month.

The six-story property sits amid Disney Studios, Warner Bros.

Studios, NBC Studios and other major entertainment firms. The company

believes that the building, which is 92% occupied, will serve as an

ideal address for businesses needing proximity to the entertainment

industry.

CT Realty Corp. was established in 1994 and has completed more

than 100 transactions including acquisitions, sales, development and

redevelopment. The company also provides development financing

through strategic partnerships and focuses on acquiring well-located

assets at values below replacement costs.

Costa Mesa firm began building newest hotel

Tarsadia Hotels of Costa Mesa announced last month that it has

begun construction on a new 200-room Residence Inn Anaheim at 11931

Harbor Blvd., Garden Grove. The new hotel is expected to open in the

summer of 2003.

Tarsadia, which recently celebrated its 25th anniversary in hotel

management, acquisition and development, operates 14 California-based

hotels. Other hotels include Marriott, Hilton, Hyatt, Wyndam, Holiday

Inn and Choice Hotels.