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May 28, 2020
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• Summit Commercial Acquires 414k sf Koll Dublin Center
11/30/01
Summit Commercial Properties, the commercial real estate arm of Highridge Partners, an El Segundo-based real estate investment firm, has acquired Koll Dublin Corporate Center, a three-building office campus in the Bay Area ci...
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• Orange County Investor Pays $21.5 Mil for Northpointe Office Park
11/30/01
We'll lead off this Orange County sales review with a couple of office acquisitions, as a Newport Beach private investor has purchased Northpointe Office Park, a 138.6k sf office park located at 15621-15661 Red Hill Ave, just...
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• Guidant "Lite" Comes to Temecula
11/29/01
We'll lead off this review of recent lease comps from San Diego County with a deal just north of the county border, in Temecula, where Advanced Cardiovascular Systems, a wholly owned subsidiary of Indianapolis-based Guidant C...
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• November 28, 2001 - Marin Vacancy Rate in Steep Climb - Only 86k sf Leased in 3rd Quarter
11/28/01
Though Marin County is generally considered a realm of privilege, commercial property owners north of the Golden Gate may not be feeling especially privileged at the moment. According to Orion Partners Ltd, the addition of 22...
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• Carson is a Good Place to Sit ‘N Sleep
11/28/01
There have been a number of recent industrial leases in the South Bay to report, including a few more deals from logistics firms. We'll begin in Hawthorne, where Evergreen Aviation Ground Logistics Enterprises (EAGLE) has exp...
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• Hazard Center in San Diego's Mission Valley Goes for $71 Mil
11/27/01
In one of this year's largest office sales in San Diego County, a partnership made up of WCB Properties and Starwood Capital Group has paid $71 mil for Hazard Center, a 12-year-old 399k sf ($178/sf) mixed-use development in M...
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• Westcore Makes $18 Mil Grab of San Gabriel Valley Industrial Park
11/26/01
It's time to turn our attention to the San Gabriel Valley, where there have been a few noteworthy transactions of late. We'll start in the City of Industry, where Westcore Gale LLC has purchased Pacific Gulf Distribution Cent...
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• Marvell-ous Sublease in Sunnyvale a Positive Sign for the Region
11/23/01
Several large blocks of space in Silicon Valley have found tenants, but whether this heralds a promising end to a dismal year or just a bit of good news amongst the bad is difficult to tell at this point. As many brokers have...
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• Potrero Hill Developments Still Face Uphill Battle
11/21/01
One local developer has called a halt to a major project in a district many believed would be the next big growth area for the multimedia industry, but another has committed to forging ahead with a tech-oriented complex in th...
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• Major Leasing Activity in North LA County
11/21/01
Despite all the doom and gloom, activity in the northern parts of LA County, namely Valencia, the San Fernando Valley and the Conejo Valley, is still strong. We have a few major leases to report below, and pros in the know te...
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• Infonet to Cast Its Net Across Grand Ave
11/20/01
The big news this week comes out of El Segundo, where it appears one of the five new empty developments in this South Bay town is about to be sold to a user. We had heard the rumors that Infonet was buying Opus West's 2171 E....
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• Structures on the Green Tees Off With $8 Mil Carlsbad Acquisition
11/19/01
We'll lead off this review of recent San Diego County sales activity in Carlsbad, where Structures on the Green LLC, a California limited liability company, acquired Carlsbad Crest Corporate Center, a 66k sf office/R&D projec...
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• Big Century City Sublease Deals Keep West LA Brokers Hopping
11/16/01
In West Los Angeles, pros from Julien J. Studley were involved in a couple of recent Century City sublease transactions, with a total value of over $30 mil. In one deal, Cook-Inlet Energy Supply has expanded their presence at...
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• November 16, 2001 - Web Address Manager Pays Dearly for Home Address
11/16/01
VeriSign, the world's largest manager of Web addresses, appears to feel an uncommonly strong attachment to its own address, the one in the real world, that is. A fondness beyond reason, some might argue, but nonetheless a dec...
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• Richmond's Redevelopment of Ford Plant Gets Recalled
11/15/01
Richmond's decade-long effort to redevelop the abandoned Ford Motor Assembly plant along the south shoreline appears to be falling apart. After two years of work, Cleveland's Forest City Enterprises withdrew from the project ...
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• 500k sf of Distribution Space Available at the Gateway to the World
11/14/01
For those of you who've driven to Vegas from LA, the big Heilig-Meyers furniture distribution facility, adjacent to the 15 Fwy in Hesperia, is a familiar sight. Well, don't expect to see the Heilig-Meyers sign for too much lo...
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• SCI Picks Up Two More Vegas Retail Centers
11/13/01
SCI Investments has just completed two more Las Vegas buys, at a total cost of $18.8 mil, giving them 10 Vegas property acquisitions in a little over a year. In one deal, the investment company paid $7 mil for four retail pad...
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• Montclair Gets a Carbo Boost
11/13/01
While many of the leases we report from the Inland Empire are for huge warehouse/distribution facilities, here's a trio of smaller deals from the region. The first transaction is in Montclair, where Carboline Company, a St. L...
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• Fountain Valley School District Leases From Jesus
11/12/01
We've got a handful of Orange County leases to review, starting in Fountain Valley, where the Fountain Valley School District has signed a 20-year ground lease for a 2.15-acre chunk of dirt at 17350 Mt. Hermann, just north of...
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• Hooray for Hollywood & Highland
11/09/01
By Allen Wolfsheimer In true Hollywood fashion, today's grand opening ceremony for TrizecHahn's $615 mil Hollywood & Highland retail development included all of the pomp and circumstance one would expect from a production of...
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