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December 4, 2020
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• Investors and Businesses Still Love Those South Bay Buildings
5/31/01
Office buildings in the South Bay continue to be in demand, as we've got news of a couple of such acquisitions from the last couple of weeks. In one, a Palo Alto investment entity known as Strock Hermosa LLC paid $5.4 mil for...
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• $16 Mil Ontario Transaction Leads Desert Deal Report
5/30/01
There have been a handful of sizable deals to report from the Inland Empire of late. We'll begin in Ontario, where Dorel Industries, manufacturers of infant and juvenile products (such as other RE news websites), inked a seve...
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• Threesome From the San Fernando Valley
5/29/01
Here is a trio of deals from a few of the less real estate-oriented areas of the San Fernando Valley. We'll start in Calabasas, where a couple of insurance companies transacted a sizable sublease deal. Western General Insuran...
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• Southern Santa Clara County Business Park Signs 152k sf Lease
5/25/01
While a lot of Bay Area spec projects are finding it tough sledding at the moment, development of Madrone Business Park in Morgan Hill is moving along at breakneck speed. A new 152k sf lease by contract manufacturer Paramit C...
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• Here's Your Chance to Own Part of LA's Highest High-Rise
5/24/01
Here's some big news about MaguirePartners, as we hear that Rob Maguire is looking to sell off his interest in the firm's impressive portfolio, which includes some of the biggest and most valuable office properties in Los Ang...
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• SoCal Office Buildings Trading Hands
5/24/01
Investors seem to feel this is a good time to find opportunities in Southern California's office market, as evidenced by a couple more sizable transactions that we're going to let you know about. The first sale is Bentall Cor...
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• May 23, 2001 -- San Francisco's Biggest Deal of Year Pales in Comparison to 2000
5/23/01
The San Francisco Business Times trumpets a recent lease by Epicentric Inc at the Landmark at One Market as the biggest deal of the year so far in San Francisco. That may be true, but at a mere 75k sf, it looks rather puny co...
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• Walk on the Westside
5/22/01
We thought we'd spend some time on the Westside and update you on some recent leases in this fashionable side of the city. We'll lead off with a good-sized renewal deal and then fill you in on a few smaller leases. In the Saw...
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• Summit Investment Enjoying Continued Success With South Bay Industrial Projects
5/21/01
We're going to lead off this latest South Bay report near the southeastern corner of Gardena, where Insurance Auto Auctions (IAA), a publicly-traded auto salvage company, has signed a 15-year lease for the Ascot Park complex,...
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• ARA Spends $31.5 Mil on Home Shopping Network
5/19/01
In what is reported to be the largest Inland Empire investment so far this year, American Realty Advisors (ARA) has purchased the Commerce Way Distribution Center, an 817.8k sf distribution building at 13423 Santa Ana Ave, in...
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• Playa Vista Revisited
5/17/01
Since it seems like recent media coverage of commercial development at Playa Vista has been dished out in bits and pieces, we thought it might be useful to put together a quick overview of the current situation. This also giv...
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• 550k sf Spec Logistics Complex Under Construction in Mid-Cities
5/16/01
Newport Apparel Company has purchased a 57.7k sf industrial building located at 1215 Walnut St, north of the 91 Fwy between Central and Wilmington Aves. The company paid $3.3 mil ($57/sf) for the property, which they already ...
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• Ziggurat Signs $175 Mil Juggernaut of a Deal
5/15/01
In what is reported to be the largest deal in West Sacramento in recent history, the State of California's General Services Administration has signed an 18-year, $175 mil sublease for 319.5k sf ($2.54/sf/mo) of space in the c...
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• Changing Market Calls For Changing Tactics
5/14/01
We've all heard quite a bit in the last few months about how the Bay Area office market has been hit especially hard in the recent tech-turnaround, due to the number of companies that have made dramatic cutbacks in their spac...
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• Deal Bounty From Orange County
5/11/01
There was a sizable sale in Irvine recently as the Irvine Company bought Palm Court, a complex that contains two four-story office buildings and a one-story retail structure, which is located at 15615 15635 Alto Pkwy in the...
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• $43.3 Mil of San Diego Property Sales
5/10/01
Front Street Plaza, the four-story, 155.3k sf office building at 777 Front St, which was born as a retail center, was recently purchased by a California partnership for $30.5 mil ($196.40/sf). The buyer was Palbrad LP, with T...
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• Crosby Heafey Signs $50 Mil Renewal at Lake Merritt Plaza
5/09/01
Crosby, Heafey, Roach & May, one of California's biggest law firms, has signed a $50 mil lease renewal at Transpacific Development Company's Lake Merritt Plaza, a 460k sf office tower at 1999 Harrison St in Oakland. The struc...
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• San Fernando Valley Activity Report
5/09/01
Before we review a few recent transactions in the San Fernando Valley, we'll give you an update on a sizable deal a little further to the west, in Westlake Village, where Sagamore Realty Group has sold the Westlake Plaza Cent...
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• Kilroy is Here to Stay
5/08/01
El Segundo-based Kilroy Realty Corporation celebrated a significant milestone recently, as they've now completed construction of over 1 msf of office space in San Diego just since 1999. The company reports that 99% of that de...
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• Law Firm Banks on Wells Fargo Center
5/07/01
In this report, we'll give you an update on two big Downtown LA office buildings. In the first, the law firm of McCutchen, Doyle, Brown & Enersen has signed a $25 mil, 10-year expansion and renewal lease for 76.5k sf at KPMG ...
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