The Los Angeles Times from Los Angeles, California • 153

3 8 Part VIII Sunday, August 30, 1981 Cog Anfleles Slimes Headquarters for Panasonic in Construction Very Interesting ll34 in Encino from $65,300 Monthly Payment $560.48 ill J. New appointments Urban Pacific Development Corp, Century City, has named Donald E. Davis, left, vice president of construction; Thomas G. Kulikowski, center, corporate controller, and Justin Child executive vice president and chief operating officer of the firm. Homeowners will enjoy recreation center with billiard room, gymnasium, men's and women's saunas, laundry facilities, swimming pool, therapeutic spa, barbecue area and profusely landscaped and controlled entrance grounds.

Newcastle Manor is luxury living at its best. Complete within the charming and exclusive community of Encino, where the finest shops, restaurants and entertainment are at your doorstep. 396 Town Houses Planned for Rancho Cucamonga Destined to become the biggest building in Cypress, according to Zelman Development a one-story, regional headquarters for Panasonic is under construction at Katella Avenue and Holder Street in the Cypress Business Park. The $15-million structure will include 80,000 square feet of office space, with the remainder devoted to warehousing, and the building will occupy one-third of the 23-acre site. One-hundred-foot setbacks from the street allow for a greenbelt and the master plan provides for a future expansion of 155,000 square feet of warehouse space.

'Fast Track' Used With the Zelman firm as developer, Oltmans Construction Co. of Monterey Park is the builder. The designer was a joint venture of Ko-walski Harding Associates Architects of Carson and Sanford Kop-elow of Zelman, with Kajima Associates of Los Angeles serving as consulting architect for Panasonic. The project, being built under a "fast track" system by which construction of a certain phase can proceed while permits for succeeding phases are in process, is scheduled for completion early in 1982. Both parties were represented in the land purchase by Stuart Klabin Co.

and William D. Feldman. Newcastle Manor affords tho finest in cooperative home ownership. These are fashionable homes in sophisticated Encino with a fine selection of bachelor, 1, 1 plus den, 2, and 3 bedroom designs available for immediate occupancy. Our below market interest off or-dably priced prestigious location and sheltered garden atmosphere, makes Newcastle Manor a good investment in your future.

The finest amenities have been incorporated as basics into life at Newcastle Manor. SiUa)RrK)rmoN CmiMm4 intantl rata ar i man mi lalal mamMy 111 T.D. ant) ind T.D. A typical I Mum awrchaia a (with a 10 fawn aaym.nl a wauW hava a In T.D. al tJa.000 al 7i far currant marfcat rata) amarrliaa' avar 10 yaara with a pay-mant al SSlt.OO, and a tni T.D.

af 110,140 far I yaan (na IMamt), principal aaly, with a maarhly aaymant al twa-lartttw al ana aarcant al tha arlflnal principal aaiaaiw $32.41. fatal manthly aaymant al Taw ratal manthly aaymant unaar bath tha lit T.O. ana1 IrnJ T.D. tar yaan wavM ha ilmllar ta tha aaymant raa.ulraa tha ratal al awch nata aavhralanf ta 114 par nnrwm amartltarf avar a 30-yaar kran farm airlat). Saa Mai laaraamtatltra far aatallt.

have a total sales value of $32 million. Tentative prices for the two-and three-bedroom units ranging in size from 936 to 1,450 square feet are $70,000 to $85,000. Stoffregen deCoster Associates will deisgn five floor plans. Grading operations are scheduled to begin in November on a community of 396 town houses in Rancho Cucamonga. A project of Century City-based Marlborough Development the town houses are expected to 5400 Ncwcostl Avanu.

Encino, California 91316 (213) 881-0400 Hornaawnar AaMtarnani (vallate 11 uket oMica. Aduft Cornmunitv ISm Technology Park Building Leased to Gremlin Industries The first building in Rancho Bernardo Technology Park, a 62-acre hilltop parcel of land just west of Interstate 15 in north San Diego, has been leased to Gremlin Industries on a long-term basis for more than $10 million. The facility is nearing completion and will be occupied by Gremlin in October. The firm will utilize the new building for its corporate headquarters, research and development, and manufacturing operations. More than 600 persons will be employed in the building.

Designed by Reel Grobman Associates of San Francisco and built by Nielsen Construction Co. of San Diego, the Gremlin building occupies some 11 acres of land and features a facade of warm brown prefabricated metal panels. Rancho Bernardo Technology Park, with an estimated construction cost of $57 million, and master-planned for research and development firms, within the Rancho Bernardo Industrial Park, is a joint venture of the Santa Monica-based Edward C. Ellis Associates and Bra-malea Toronto. xtGrand Opening- iurt I UC Regents Sell Lots to Alti Corp.

for $2.2 million A sale of five lots in San Diego, consisting of one acre each, has been completed between the regents of the University of California and Alti La Jolla. Ashwill-Burke, San Diego, handled the transaction for both parties. Lowest Valley Prices issTta EM! OOH lor D.G fl(n)3i interest 'See salespeople (or details Just10down moves you in. Prices from $51,850 Easy owner credit approval Monthly payments as low as Palm Springs Villas something out of the ordinary, but not out of reach. At this price you can afford the elegant Desert retreat you've always wanted.

Plus these chic, very contemporary Villas are fully decorated and there's four designer schemes for you to choose from, fully furnished. That's right, a fully furnished condominium in a great Palm Springs Tiny, tiny priced from an unbelievable $49,950. i $485" 6 Swimming pools 8 Spas 4 Sunken tennis courts One gate entry with security Tennis Courts Pool SOA 'Plus Homeowners Association Fee. WMCl which includps taps Tinr- i ni OA ftlicjl SAM RAFAEL PR 1 Recreation Room a PALM SPRINGS VILLAS Exercise Room Gated Parking is cugene rcoau, rami opi inys, v-rv suh Across from Tramway Open Daily 10:00 till (714) 327-1558 Excellent financing available Another fine development by J.F. Temple Beautifully landscaped grounds (Not to scale) ScnnrESU: Entryway TV Surveillance ,2 vfjMnjfj a HrlXLTV 17900 Sherman Wav Reseda PflbM SPRINGS VIbbAS II 1 INC.

trtk fine residential living Site: 996-2194 Open weekends 12-5 or by appointment fl Fred Sands tJ Realtors Oto Brezina CondominiumNew Housing Division 820-8991 Wi Offer Yea North Orange Coanty's Kost Lixirloas 2 3 Bedrooai Townhomes FROM and look at these amenities o2 2 Baths Pool Spa Self Cleaning Oven Touch Pad Microwave Exposed Beam Ceiling Security Entry System Trans Compactor Ceramic Tile Floors Central Air 9 Cycle Dishwasher Wood Burning Fireplace Oak Cabinets Throughout Hardwood Handrails Formal Dining Room Double Attached Garage We will pay your loan costs Vh $100 on all Escrows opened During the month off August. jiBBsm wat en? a TX- -ftrid i 1 a MONTHLY ASSOCIATION iba 3iw imi WHITTIER BOjr 2 is t. 5 al 1 5 LAMBERT Ui MPERIAL HWY. t.ftJi WAP MOT TO SCALE (if (UB APR) wtt Dwm BonMOIMni Expkw 13111 (0.7IAPH) aM Oom.