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April 18, 2024
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Archive
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• Comerica and Cox Sign Up for DiamondView of Padres Games
2/02/05
Recent activity for office space throughout the San Diego area has been brisk, and with this report we'll try to get you up-to-speed on a number of the latest deals in the region. Some of the biggest news has taken place in d...
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• Financing Notes
2/01/05
Real Estate-related firms looking for new potential sources of capital will be interested to learn a bit more about Crestridge Investments LLC, a new firm that is moving beyond the traditional role of real estate finance in t...
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• Big OC Investment Deals Keep Olen Along
2/01/05
Olen Properties, an Orange County-based real estate development and asset management firm has acquired Century Centre, a 447.7k sf twin-tower office complex at 2601 and 2603 Main St in Irvine, adjacent to the Jamboree Corrido...
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• More RREEF-er Madness
1/31/05
RREEF, the big pension advisory firm, has acquired Pacific Technology Park in San Diego on behalf of an institutional client. The Class A industrial/flex/R&D/office park consists of four buildings with a total of 440.6k sf of...
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• Financing Notes
1/28/05
SONNENBLICK-EICHNER: Sonnenblick-Eichner Company arranged $14 mil of non-recourse interim financing for the renovation and repositioning of the former Summerfield Suites hotel, located in the heart of West Hollywood. The fou...
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• EOP Welcomes a Bunch of Yahoos in Santa Monica
1/27/05
Internet giant Yahoo! has inked a lease for 229.7k sf of space at Equity Office Properties Colorado Center, the 1.1 msf office campus acquired from Tishman Speyer last year. The 10-year deal, to house the company's media grou...
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• Maguire Swings for the Fences with CommonWealth Portfolio
1/27/05
Here's the latest news in the competition to acquire CommonWealth Partners' 6 msf office portfolio, as The Irvine Company has bowed out of the bidding and the lead position is now being held by Maguire Partners. According to ...
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• Draftsmen & Craftsmen
1/27/05
Ware Malcomb, the Irvine-based architecture, planning and interior design firm, continues to rack up the assignments for clients throughout the US and Mexico. Here's the word on a few of the company's latest achievements. In...
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• South Bay and Pacific Coast Capital Join Forces in $62 Mil Buy
1/27/05
A venture made up of South Bay Development, out of Campbell, and San Francisco-based Pacific Coast Capital Partners LLC, has purchased a portfolio of R&D properties in Silicon Valley for $62.5 mil, according to the Silicon Va...
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• Valencia Retail Center Sells for $66 Mil
1/26/05
CPF Promenade LLC has purchased Promenade at Town Center, a 182.5k sf grocery-anchored retail center in Valencia, from RKR Incorporated, the center's developer. The transaction had a value of $66.6 mil, or about $365/sf. Bar...
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• Divco Gets Its Point Across in Brisbane Buy
1/26/05
A DivcoWest Properties-related entity has acquired a 218k sf office building at 2000 Sierra Point Pkwy in Brisbane, a peninsula city situated north of San Francisco International Airport in San Mateo County. The 12-story, 18-...
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• SSR and CalPERS Spend $165 Mil, Hollywood-Style
1/26/05
SSR Realty Advisors, the pension fund advisor for CalPERS, has acquired the 625k sf Sunset + Vine mixed-use complex, a 3.4-acre development at 1555 Vine St, at the northwest corner of Sunset Blvd and Vine. According to a rece...
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• $20 Mil Carlsbad Purchase is a Capital Idea
1/25/05
San Diego-based Integrated Capital Technologies acquired the Aston Views Corporate Center in Carlsbad for $20 mil. Located at 1808 Aston Ave, the two-story, Class B, multi-tenant office building contains 83k sf ($241/sf) of s...
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• Caruso Sings Encore with Latest Win in Glendale
1/24/05
Caruso Affiliated prevailed in court once again in its ongoing battle with General Growth Properties' (GGP:NYSE), which has been trying to prevent the development of Caruso's new Town Center development in the city of Glendal...
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• Touching Base with the Former Air Force Bases
1/24/05
While the folks in Orange County may have decided to make no good use out of the existing air strips located at their defunct military bases, the industrious folks in the Inland Empire have turned theirs into productive asset...
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• Pacific Coast Capital and Overton Moore Purchase Northridge Site
1/21/05
Pacific Coast Capital Partners (PCCP) and Overton Moore Properties (OMP) have teamed up in a joint venture to invest $5.7 mil of equity financing for the acquisition, master-planning and development of Northridge Industrial P...
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• Lexington in the Driver's Seat in Deal for Eight Bentleys
1/21/05
Here's news of a large Sacramento office buy, as Lexington Corporate Properties, a New York-based REIT, has agreed to purchase eight buildings, totaling 720k sf, from LA-based BentleyForbes. The properties, which are part of ...
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• Arco Plaza Earns US Trust for another 10 Years
1/20/05
Here's a recent downtown LA office transaction, as the Executive Offices of Immigration Review signed a five-year, $10 mil lease for 81.5k sf ($2.04/sf/mo) of space at 606 South Olive St. The high-rise, formerly known as the ...
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• Passco-Led TIC Group Bets on New Las Vegas Strip Retail Center
1/19/05
Passco Real Estate Enterprises Inc and its tenant-in-common investor group have closed on a $42.4 mil acquisition of Silver City Plaza, a recently completed 41.6k sf retail center located on the famed Las Vegas Strip. The pro...
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• South Bay Deal Update
1/19/05
In this report we'll take a look at a trio of recent transactions from LA's South Bay area, a region that extends south from LAX/Inglewood to Long Beach. These latest deals transpired in the cities of El Segundo, Wilmington a...
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