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September 26, 2020
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• Cisco and Intel Forge Ahead
3/16/01
Cutbacks of 8,000 employees at Cisco Systems and 5,000 at Intel Corp apparently will not affect development at the Pacific Commons in Fremont. Catellus Development Corp of San Francisco says neither company intends to renege ...
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• Vegas Developers Gambling on $150 Mil Non-Casino Project
3/15/01
A development group led by Los Angeles businessman Jack Kashani is in escrow for 57 acres of land between I-15 and Grand Central Pkwy in Las Vegas, north of the strip and west of the city's downtown area, with plans to build ...
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• Tejon Ranch Company and Dermody Properties to Build 650k sf Spec Facility
3/15/01
Tejon Ranch Company has announced that they are teaming up with Dermody Properties, in a joint venture called Tejon/Dermody Industrial (TDI), to build a 650k sf spec distribution building at the Tejon Industrial Complex, a mu...
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• SF Valley Deal Report Spans the Region
3/14/01
We'll lead off this San Fernando Valley report in Universal City, where Legacy Partners Commercial has teamed up with ING Realty to purchase a 99.2k sf office building at 3330 Cahuenga Blvd, north of Barham Blvd. The partners...
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• March 13, 2001 - Three SF Buildings Win Approval in Annual Contest, One More to Come
3/13/01
A few months ago the so-called beauty contest to decide which proposed San Francisco office projects would be approved for development looked to be a cutthroat affair.* With two proposals totaling 475k sf assured of approval ...
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• Watt's Up?! Big PR Firm Signs Expansion Deal at Watt Plaza
3/12/01
There have been a number of significant leases on the Westside in the last few weeks to let you know about. We'll start in Century City, as JMB Realty Corporation, developers of the 700k sf MGM Tower, have announced the signi...
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• Gilmore Gets Financing for Expansion at Farmers Market
3/09/01
Since we just received word of the financing for construction of A.F. Gilmore's new buildings at Farmers Market, we thought you might like an update on that project. Gilmore, long-time owner of the historic LA tourist attract...
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• Inland Empire Is Heating Up Even Though It's Still Winter
3/08/01
Some hot development and construction activity is featured in this Inland Empire report, starting with the Carson Companies' plans to develop distribution and manufacturing buildings on a 65-acre site south of Kimball Ave, be...
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• Mixed Market Gives Off Mixed Signals
3/07/01
Not everyone considers the San Francisco market to be in the midst of a severe downturn. Greg Flynn, founder of Flynn Land Co, thinks the reversal has been much exaggerated, and he's got evidence to back him up. To wit, he ju...
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• Join Us For a Bus Tour of Vegas
3/06/01
We depart on a junket to Las Vegas, this time for a tour of some noteworthy commercial real estate transactions. (Sorry, no free drinks on this trip.) Our first stop is at 300-301 Clark Ave, at the corner of 3rd St, where C...
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• March 2, 2001 - Return of the Monster Space
3/03/01
San Francisco is not the only Bay Area market burdened with an excess of sublease office space. Marin County and parts of the East Bay face similar gluts, though, as in San Francisco, many brokers insist the resultant rise in...
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• Boeing Going With CB Richard Ellis and Trammell Crow
3/02/01
Long Beach-based Boeing Realty Corporation, the wholly owned real estate subsidiary of The Boeing Company, has announced that they have integrated the services of CB Richard Ellis and Trammell Crow Company into the firm's ong...
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• March 1, 2001 - It Makes a Village
3/01/01
Traffic congestion has become a serious issue throughout the San Francisco Bay Area, spawning a growing interest in development of so-called transit villages. And it looks like San Mateo County is bidding to become the region...
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• San Diego Tenants Get Leasing Education in University Towne Centre
2/28/01
The hot San Diego market is producing extraordinary leasing activity to complement the flurry of sales transactions of late. In this report we'll go over a few deals in the University and Sorrento Mesa areas. We'll start wit...
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• CB Goes For Beefed-Up Buyout Offer
2/27/01
Management at CB Richard Ellis, the big commercial real estate services firm, has agreed to a revised buyout offer, with a total value of $750 mil, from an investment group led by Blum Capital Partners. The new ownership enti...
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• South Bay Watch
2/26/01
We'll lead off this latest South Bay report in the Harbor Gateway section of the region, a small, rapidly developing area between the communities of Torrance, Carson and Gardena. In a substantial deal from a few weeks ago, Ho...
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• $81 Mil Worth of Fresh-Squeezed Orange County Deals
2/23/01
Newport Beach-based Master Development Corp can add a couple more notches to their development belt, as they've recently completed deals for two projects in Huntington Beach, for a combined total of $16 mil. The first project...
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• Spieker Says Yes to Equity
2/23/01
Fulfilling his oft-repeated prophecy about continued consolidation in the REIT industry, Sam Zell and his Equity Office Properties, the largest REIT in the country, today announced plans to swallow up Menlo Park-based Spieker...
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• Developers Land at Oakland Airport
2/22/01
The Port of Oakland has sold two prime development parcels and has moved closer to a final agreement on the sale of a third. The transactions represent the sale of the last available parcels at Oakland Airport Business Park. ...
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• San Fernando Valley Deals are a Thing of Pure Beauty
2/21/01
We've got news of more tenants on the move in the San Fernando Valley and Tri-Cities region, as we review three recent noteworthy leases. We'll start in Pasadena, as Bibb & Associates, the Kansas-based engineering and archite...
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