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Downtown Deal Diary 4/03/01 In Downtown Los Angeles, Lockton Insurance Brokers Inc just signed a 10-year lease agreement with WHTC Realty LLC to extend and expand their offices at Ernst & Young Plaza, the 16-year-old, 895k sf office tower at 725 S. Figu...
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Tenants Triumph in Today's San Francisco Office Market 3/30/01 While the amount of square footage leased in San Francisco has declined precipitously from this time last year, the number of deals hasn't shown a proportionate drop. So reports Colin Yasukochi, client services manager for th...
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Businesses Continue to Bet on Vegas 3/29/01 With the weather warming up, there's probably going to be a bunch more SoCal folks cruising up the 15 for a quick stay in Vegas, so we thought you might be interested in a few recent commercial leases out that way. The first ...
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March 28, 2001 - Sun Still Shining on Solano 3/28/01 Solano County was slow to benefit from the boom times that the rest of the Bay Area experienced over the past few years. Likewise, it's slower to suffer from the downturn.
We are continuing to see steady and increased intere...
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California Investors Shop for Deals Behind the Orange Curtain 3/28/01 There was madness in March as investors took their best shots at acquiring leased commercial properties in Orange County. We're going to run down a few recent deals, leading off with the biggest sale and continuing in dollar ...
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San Diego Deal Review Makes a Run For the Border 3/27/01 Leasing deals in San Diego County have been going strong and in this account we report on a number of the most recent transactions. Starting in Carlsbad, Mardx Diagnostics leased 21.4k sf of space for R&D uses at 5919 Farnsw...
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Industrial and R&D Deals Prevail in Orange County 3/26/01 Continued leasing activity is the focus of this latest Orange County report, as we chronicle several significant deals that have recently closed. In the largest of these, Delphi Automotive Systems Corp has renewed its lease ...
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Major Office Sales Activity Around LA 3/23/01 We've got word of some big projects in the LA area that are on the market, but first we'll update you on a recent completed sale, which is in Santa Monica. WA-based Commonwealth Atlantic Properties, an affiliate of Lazard Fre...
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March 22, 2001 - Investment Grade - Buyers Still Give SF High Marks 3/22/01 San Francisco's office market may be going through unpleasant shrinking pains at the moment, but the situation has had minimal impact on the investment market. There are a few simple reasons for this. Though there was a rash ...
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PropertyFirst Is In the Loop 3/21/01 There was a major announcement today from two of the big players in the online commercial real estate listings sector, as San Francisco-based LoopNet Inc and Alhambra-based PropertyFirst.com Inc have agreed on a merger, which...
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There's No Deal Blackout in Orange County 3/20/01 March was an active month for commercial real estate brokerage house Grubb & Ellis in Orange County, as the company took part in several impressive transactions that we've yet to mention in earlier reports. In one of these, ...
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San Diego Update Covers the County 3/18/01 We'll start this latest San Diego update in North County and work our way south. Leading off with a Carlsbad deal, four vacant lots, totaling 14.72 acres, in the prestigious Legacy NorthPointe on Corte de la Pina, just east o...
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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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