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April 20, 2024
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• Financing Notes
10/31/05
Sonnenblick-Eichner Company has arranged $40.5 mil of first mortgage financing for Continental Park Terrace, a 190k sf, Class-A office building located at 2361 and 2381 Rosecrans Ave in El Segundo. The 10-year fixed rate loan...
Price: $3.99
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• Jamison Flys Into LAX with $70 Mil Office Buy
10/28/05
Los Angeles-based Jamison Properties Inc, one of the largest landlords of office property in Southern California, purchased a 698.2k sf, three-building office complex in the LAX submarket for $70 mil ($100/sf). The properties...
Price: $3.99
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• Snyder Chosen by LA's CRA for Mid-City Mixed-Use Development
10/27/05
The Community Redevelopment Agency of the City of Los Angeles (CRA/LA) has selected the J.H. Snyder Company to develop a major mixed-use project on three sites located on Adams Blvd from La Brea Ave to Redondo Blvd in the Mid...
Price: $3.99
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• Revised Ballpark Village Plan is Safe at Home
10/27/05
In major news for downtown San Diego development, the SD City Council last week approved modified plans for the Ballpark Village project in the city's East Village area, after some debate over changes to the project that enta...
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• New Westlake Village Office Project to Break Ground Next Spring
10/26/05
Westlake Plaza Center East LLC, a joint venture of Steadfast Business Properties of Newport Beach, and Amstar Group of Denver, has acquired more than 28 acres in Westlake Village, on which it will develop Westlake Plaza: Stea...
Price: $3.99
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• Hines and CarrAmerica Spend Big on San Diego Office Properties
10/25/05
Houston-based Hines and CalPERS recently closed on an $84.8 mil office buy in San Diego's Del Mar Heights/Torrey Hills area, after acquiring Pacific Plaza, a three-building, 220k sf ($385/sf) campus located at 10935, 10945 an...
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• Genesis Has another Hit
10/24/05
Shamrock Capital Advisors has closed out the $104 mil Genesis Real Estate Fund II, an investment fund created to help stimulate real estate and economic development in low and moderate income communities throughout Los Angele...
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• Financing Notes
10/24/05
NorthMarq Capital Inc has arranged financing of $104.8 mil for a condo conversion project at the Villages of La Mesa, located at 5606-5672 Amaya Dr, between Fletcher Pkwy and I-8 in La Mesa. The development, which consists of...
Price: $3.99
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• Thomas Properties Delivers on El Segundo Site Acquisition from FedEx
10/21/05
Thomas Properties Group Inc (TPG), the national REIT led by James Thomas, has exercised its $30 mil option to acquire a 46.5-acre site in El Segundo from Federal Express for the development of a 2.175 msf mixed-use project th...
Price: $3.99
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• SD FedEx Facility Absolutely Positively Sells for $11.6 Mil
10/20/05
A 76.8k sf Federal Express distribution facility in San Diego has traded hands for $11.6 mil ($151/sf). Situated on 6.5 acres, the single-tenant industrial building is located at 1650 47th St, north of the 94 fwy and east of ...
Price: $3.99
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• Financing Notes
10/19/05
Holliday Fenoglio Fowler (HFF), a real estate investment banking firm with 17 offices nationwide, has arranged $50 mil in refi money for 555 Ninth St, a 148.8k sf Class A retail center in San Francisco. Located at Ninth and B...
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• SCI Picks Up Park Place; Has No Plans to Add a Hotel
10/18/05
LA-based SCI Real Estate Investments has acquired Park Place II, a 242.7k sf retail center in Sacramento, for $71.5 mil ($295/sf) and, with this deal, has brought its California portfolio to over $243 mil. SCI is marketing th...
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• New Herzog Cellars Facility is Like Fine Wine
10/18/05
Construction of a new 77k sf West Coast HQ and production facility for Herzog Wine Cellars has just been completed in Oxnard. The industrial structure is remarkable in that it appears anything but industrial in its design and...
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• Inland Western Acquires 25 Mervyns Stores in $221 Mil Transaction
10/17/05
Inland Western Retail Real Estate Trust Inc, an affiliate of Oak Brook, IL-based The Inland Real Estate Group of Companies Inc, has acquired 25 operating Mervyns department stores, 23 of which are located in California, while...
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• Carson Freezer Facility Sells for $20 Mil
10/17/05
HB & Sons, out of Mission Hills, acquired a 177.5k sf cooler/freezer industrial facility in Carson for just over $20 mil ($113/sf). The building is located on eight acres at 1065 East Walnut, just north of the 91 Fwy between ...
Price: $3.99
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• Caruso is Off to the Races with Plans for Mixed-Use Project at Golden Gate Fields
10/17/05
Santa Monica-based Caruso Affiliated, in partnership with Magna Entertainment Corporation, has unveiled initial plans for a proposed mixed-use development and the creation of parks, beaches and other open public spaces on 45 ...
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• It's a Goodyear for Voit after Big Arizona Land Buy
10/14/05
Voit Development Company has acquired 298 acres of land in Goodyear, AZ, a suburb of Phoenix, on which they plan to develop approximately 4.5 msf of distribution, manufacturing and industrial product to be marketed for sale o...
Price: $3.99
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• TA Associates Closes $20 Mil Buy of New Corona Distribution Facility
10/14/05
Birtcher Development & Investments has sold the largest building at its new eight-building Corona Crossroads development to Menlo Park-based TA Associates for $20.3 mil. The 289.3k sf ($70/sf) facility, which is located at 12...
Price: $3.99
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• Archstone-Smith Closes on a Premiere $112 Mil SoCal Apartment Buy
10/13/05
Archstone-Smith, the big Colorado-based apartment REIT, has closed on a two-property apartment buy from PCS Development in a deal worth $112.35 mil. The two garden-style properties, part of PCS Development's Premiere portfoli...
Price: $3.99
Executive Subscriber Price: Free
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• McShane Teams Up with MetLife in San Bernardino Project
10/13/05
An alliance of Chicago-based McShane Corporation and MetLife Real Estate Investments has acquired a 13.54-acre site on Shenandoah Way in San Bernardinofs University Park for the development of a new industrial project to be ...
Price: $3.99
Executive Subscriber Price: Free
more » 



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