|
December 30, 2002 - CIM City 12/30/02 The San Jose Redevelopment Agency Board approved a comprehensive agreement with Hollywood's CIM Group for the development of $184.5 mil in housing, retail and parking at three sites in downtown San Jose. The sites include par...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
December 27, 2002 - Financing Notes 12/27/02 Here's a quick review of a few of the more recent commercial financings placed around the Southland:
In Playa Del Rey, the George Smith Partners team of George Smith and Joel Simaie arranged $14.97 mil in financing for five ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Snyder Heads Up an Oak Creek with Latest Mixed-Use Project 12/26/02 The J.H. Snyder Company, one of the most prolific developers in Los Angeles, wrapped up work on The River, an upscale Rancho Mirage retail complex, not too long ago and is now turning their attention to the Creek -- Oak Creek...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Watson Leggs Out another Big Lease in Carson 12/26/02 Watson Land completed another major lease at their Watson Industrial Center South in Carson. In the latest deal, Leggett & Platt, a fortune 500 manufacturing firm, has agreed to a 7.5-year, $8.3 mil lease for 219.1k sf ($0.42...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
December 24, 2002 - Bay Area Sales Along 12/24/02 The Bay Area leasing market may be in the dumps, but a large pool of prospective buyers has developed as prices drop to more realistic levels. The pool consists of both users looking to protect themselves against future boom-...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
December 24, 2002 - Financing Notes 12/24/02 The lending pros at ARCS have been at it again, as the big Calabasas-based multifamily lender continues to rack up additional apartment financings throughout the state and the country. Led by Howard Levine, the company has b...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Westside Office Landlord Enjoys Sizable Advance from $20 Mil Deal 12/23/02 Advance Publications, the parent company of Conde Nast Publications, inked a sizable renewal/expansion lease in West LA, after signing a 10-year, $20 mil deal for 71.2k sf ($2.34/sf/mo) of space at 6300 Wilshire Blvd. The 30-...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Studley Team Takes over Ownership of Studley Brokerage 12/23/02 Another of the big commercial real estate services firms has undergone a change in ownership, as Julien J. Studley Inc announced that 45 of the firm's managers and brokers invested between $100k and $450k each to acquire the ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
December 20, 2002 - San Francisco Seeks Developer for Civic Duty 12/20/02 The state, it seems, is not the only public agency looking to build in San Francisco despite the high local vacancy levels. Last month we reported on a proposal by the California Compensation Insurance Fund to build 270k sf o...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
December 19, 2002 - IDI Corp Completes $11.7 Mil Acquisition of Tri-Valley Distribution Center 12/19/02 Making an initial foray in the Bay Area, IDI Corp has purchased the Tri-Valley Distribution Center, a 286k sf warehouse at 7337 Las Positas Ct in Livermore. The price was $11.7 mil, or $40.89 a square foot. The seller was Pru...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
$1.6 Bil Acquisition Gives Clarion Something to Crow About 12/18/02 Clarion Partners, a New York-based subsidiary of ING Group, has completed the acquisition of Crow Holdings Industrial Trust (CHI Trust), which consists of a portfolio of 287 industrial properties (35.3 msf) plus over 320 acre...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Eagle Swoops in on $52 Mil Chula Vista Apartment Buy 12/17/02 Representing one of the largest multifamily transactions in San Diego County this year, Eagle Real Estate Group has acquired the 440-unit ‘Teresina at Lomas Verdes' apartment community in Chula Vista for $52.25 mil ($119k/uni...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Quinn Emanuel Expands to 120k sf in Downtown LA 12/17/02 Chalk up another big law firm lease for downtown Los Angeles, as the law offices of Quinn Emanuel Urquhart Oliver & Hedges LLP has signed a 121k sf lease that increases the firm's office space by about 40k sf, from 80k, to oc...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Kearny Renews County in $10.5 Mil Santa Fe Springs Deal 12/16/02 The County of Los Angeles renewed its lease for an entire 65.6k sf Santa Fe Springs office building, occupied by the County's Department of Children's Services agency, after agreeing to a new 10-year, $10.5 mil ($1.33/sf/mo) ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
December 13, 2002 - Rx for Bayer Diagnosis is Consolidation in Bay Area 12/13/02 Bayer Diagnostic Group's 10-year lease for a newly completed 75k sf building at 725 Potter St in Berkeley represents an overall expansion of about 20% for the bioscience company, but it also means another loss for neighboring...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Advanced Tissue Sciences Cleans Up with 10-Year Lease Renegotiation in La Jolla 12/13/02 Here's some holiday reading material for those real estate mavens who follow the San Diego County commercial real estate market, as we reveal the details of some recent leases within that southern California bailiwick. There...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
LA Businessman under Contract for Global Crossing Campus in Beverly Hills 12/12/02 We'll open this West Los Angeles activity update with news of a deal that currently is still in the works, but has to do with a very notable property, which we included in the “Properties on the Market” section in our recent ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Shimuzu Doesn't Keep Its Helmut Jahn 12/10/02 We can now report closure on a big, big San Diego office sale that we first mentioned was in the works about two months ago. We're referring to GE Pension Trust's acquisition of One America Plaza, the landmark 34-story, 570k ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Cornerstone Grabs a Corner of Newport Beach Office Market 12/09/02 Orange County has seen its second major office sale in the last two months, as Cornerstone Real Estate Advisors, on behalf of an unnamed client, has acquired a pair of trophy office properties in Newport Beach, containing rou...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
December 9, 2002 - Changed Itinerary, Delayed Takeoff for Bay Area Airport Projects 12/08/02 The market slump has put a crimp in plans for two Bay Area airport-related projects. In Oakland, Simeon Commercial Properties has asked the Port of Oakland for permission to reduce the office portion of a proposed 22-acre bus...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|