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March 29, 2024
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• H.G. Fenton Sharpens Apartment Portfolio with $71 Mil Sabre Springs Buy
4/18/05
San Diego-based H.G. Fenton Company has acquired two apartment properties with a total of 272 units in the Sabre Springs area -- the Evening Creek and Creek View apartment communities -- for a combined total of $71.48 mil ($2...
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• Vendare Inks Lease for 67k sf at Continental Park
4/18/05
The Vendare Media Corporation has agreed to a seven-year lease for 67k sf of Class A office space within Continental Park, Continental Development's flagship mixed-use complex along the Rosecrans Corridor in El Segundo. Locat...
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• Sares-Regis Inks $10 Mil Anaheim Lease with a Big Stoner
4/15/05
Bedrosians Tile & Stone, the Fresno-based importer of ceramic tile and natural stone, inked a major lease for additional warehouse space in Orange County, signing a five-year, $10 mil agreement for a 375k sf ($0.44/sf/mo) fac...
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• La Habra Business Center Trades Hands for $16 Mil
4/14/05
The Bendetti Companay, an Irvine-based investment company, has acquired The Lambert Palm Business Center, a 186.2k sf industrial center, for $16 mil ($86/sf). The multi-tenant complex consists of 10 buildings on 9.92 acres at...
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• Shorenstein Weaves Investment Web in Silicon Valley
4/14/05
San Francisco-based Shorenstein Company just closed on the purchase of WebEx Tower, a 283.1k sf, Class A office building in Santa Clara. The purchase is Shorenstein's first in Silicon Valley and the first acquisition for its ...
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• $87 Mil Washes Up on Shoreline
4/13/05
Shoreline Square, a major downtown Long Beach office property, has traded hands, as GRE Shoreline Square LP, a partnership between Bantry Holdings and GRE, paid $87.4 mil for the 383k sf ($228/sf) building. Located at 301 E. ...
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• Financing Notes
4/13/05
HOLLIDAY FENOGLIO FOWLER: The Orange County office of Holliday Fenoglio Fowler (HFF) arranged a $28.55 mil construction loan for The Palladio, a luxury condo/retail development in Reno. The development, which is expected to b...
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• Birtcher to Develop New 590k sf Distribution Center in Paramount
4/12/05
Birtcher Development has acquired 26.39 acres in Paramount, on which the firm plans to develop Birtcher Commerce Center Paramount, a 592k sf world-class distribution center expected to break ground in the fourth quarter of 20...
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• MTV Expands Presence in Santa Monica
4/12/05
In this report we'll catch up on a few recent Westside leases, starting in Santa Monica, where cable giant MTV inked a renewal/expansion deal at 2600 Colorado Ave, bumping up their space by around 25k sf, to 130k sf. The buil...
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• LBA Invests $30 Mil in Pair of San Diego Properties
4/11/05
LBA Realty recently acquired a pair of San Diego-area buildings, in separate deals, for a total of $29.5 mil. The Irvine-based firm picked up a 109.8k sf flex/office building in San Diego for $15.8 mil ($144/sf) and also purc...
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• Newport Beach Office Building Trades for $18 Mil
4/08/05
PRES (Professional Real Estate Services), a Newport Beach-based private investor, paid $18 mil for a 64.8k sf ($278/sf) office building in Newport Beach. The four-story, steel-framed structure is located within the Koll Cent...
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• Newcastle Brews Industrial Park in San Jose
4/07/05
San Francisco-based Newcastle Partners has begun construction on Silver Creek Business Center, a 114.3k sf industrial business park in San Jose. The center will consist of eight buildings for sale, ranging from 11.5k sf to 17...
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• Demand Takes Off at Voit's Burbank Airport Commerce Center
4/07/05
Voit Development Company has sold out Phase I of Burbank Airport Commerce Center, a $44 mil, 480k sf industrial park adjacent to the Burbank-Glendale-Pasadena Airport (now known as the Bob Hope Airport). The firm has broken ...
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• OMP Industrial Grabs 250k sf Buena Park Facility
4/06/05
Overton Moore and Pacific Coast Capital have teamed up again on a large industrial acquisition. This time, a group they formed called OMP Industrial purchased 6300 Valley View Blvd, a 255.2k sf warehouse building situated abo...
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• April 6, 2005 - Info about Info Providers
4/06/05
Where and how real estate professionals get the data they need to make key decisions is always changing, with new products and delivery methods keeping those in need of data always on their toes in their quest to keep their d...
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• KBS Realty Advisors Make $110 Mil Buy in Newport Beach
4/05/05
KBS Realty Advisors acquired 4000 MacArthur, a two-building, 373.4k sf office complex in Newport Beach, for $110 mil ($295/sf). The buildings, which were sold and then leased back by Conexant Systems Inc, are located at the i...
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• April 5, 2005 - Here's a Top-Rated Series You Won't Want to Miss
4/05/05
Those of you who've not yet signed up as a sponsor of The Executive Luncheon Series, to Benefit the A-T Medical Research Foundation, you still have time to participate in what is one of the leading networking events for SoCal...
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• AMB Makes a Very Logistical Purchase of 250k sf Facility
4/04/05
San Francisco-based AMB Property Corporation (NYSE:AMB) purchased a 250k sf distribution and logistics facility on 18 acres of land located at 1000 W. Francisco St. The property is southwest of the interchange of the 405 and ...
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• Duesenberg Has It Their Way in Woodland Hills Retail Purchase
4/01/05
A 30.5k sf retail building occupied by Whole Foods Market and Burger King in the San Fernando Valley traded hands at a price of $14.5 mil ($475/sf). The building is located at a primo location in Woodland Hills, off the 101 F...
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• Story of the Quarter
4/01/05
By Steve Bloom While many major events took place in the real estate biz around CA this quarter, it is our opinion that the biggest story of the quarter was Lennar Corporation winning the online auction for the 3,700 acres a...
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