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December 8, 2019
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LOS ANGELES COUNTY NEWS
Archive
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• Taiwanese Distributor Leases 92k sf Santa Fe Springs Facility
6/17/08
Ta Chen International, a Taiwan-based manufacturer and distributor of stainless specialty metal products for service centers and wholesale supply houses, has signed a seven-year, $6 mil lease for a 92.3k sf ($0.77/sf/mo) indu...
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• Industrial Buyers Go Fox Hunting in Lancaster
6/16/08
A pair of Lancaster industrial buildings totaling 21.1k sf fetched a combined $2 mil in separate transactions. The two buildings are part of Fox Field Business Park, a 14-building industrial business park inside the 8,000-acr...
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• Adler Signs Three More Tenants at Agoura Hills Design Center
6/13/08
Three new tenants -- Westpoint Furniture Design Center, The Mattress Store, and The Power of Home -- inked lease agreements for space at Agoura Design Center, a 120k sf retail furniture complex in Agoura Hills that was recent...
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• IDS Completes Pasadena Office Renovation
6/12/08
In an effort to address the demand for additional upscale office space along Pasadena’s South Lake Ave business corridor, IDS Real Estate Group recent wrapped up a $2.8 mil renovation and restoration of 80 South Lake Ave, an ...
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• Trio of Sales at Pacific Gateway Business Center Bring in $39 Mil
6/11/08
LA-based Overton Moore Properties (OMP) recently collected $38.8 mil through the sale of three additional buildings at its Pacific Gateway Business Center in Seal Beach. The buildings, which have a combined 240.1k sf of space...
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• Long Beach Office Building Fetches $9.6 Mil
6/09/08
City Centre Office, a 67k sf mixed-use building at 200 Pine Ave in the heart of downtown Long Beach, was acquired by Realm Group II LLC for $9.6 mil ($143/sf). The property, built in 1964, consists of 13.2k sf of retail space...
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• Draftsmen & Craftsmen
6/06/08
Here’s news of an interesting West LA office project that was completed by Snyder Langston within a 12-month time-frame for Fox Studios to accommodate one of its tenants, Digital Media. The 34k sf building is located on the F...
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• Thomas Properties Teams Up with UBS in Office Acquisition Partnership
6/05/08
LA-based Thomas Properties Group Inc has entered into an agreement with UBS Wealth Management - North American Property Fund Limited (“UBS”) in which UBS will allocate $250 mil to a joint venture program with Thomas Propertie...
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• Wiseburn School District Acquires El Segundo Industrial Building
6/05/08
The Wiseburn School District, one of LA County’s few remaining small school districts, has acquired a 28.2k sf industrial building in the El Segundo Industrial Park, which it intends to convert into its new headquarters. The ...
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• New RENTV Executive Report: South Bay Hot Transactions
6/03/08
If you're not yet a subscriber, why not join now? The cost is just $149/year for access to all of our special reports and news archives. Give us a call at 310/414-0404 and we'll get you set up.
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• Rexford Closes $6 Mil Glendale Industrial Buy
6/03/08
A 57.9k sf industrial building in Glendale was purchased by SoCal-based Rexford Industrial LLC in a recent $6.15 mil ($106/sf) transaction. The property, situated on 1.35 acres at 700 Allen Ave, on the north side of I-5 betwe...
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• Hotel Industry Sees Sale of the Century
6/02/08
The Century Plaza Hotel, a landmark hotel property on LA’s Westside, traded hands in a major transaction that valued the asset at just over $500k/room. The property was purchased by a venture of Next Century Associates, led b...
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• Designer/Retailer Closes Fashionable $900/sf Buy at Edge of West Hollywood
6/02/08
Tadashi Shoji, designer, owner and president of the Los Angeles-based fashion house Tadashi, purchased a 4k sf retail property located at 812 N. La Cienega Blvd, midway between Santa Monica Blvd and Melrose Ave, to house his ...
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• Glendale Shopping Center Fetches $422/sf
5/30/08
A 46.2k sf grocery-anchored shopping center in Glendale was recently acquired by a Burbank investment entity for $19.5 mil, or about $422/sf. The property, Glendale Square, is situated on 2.28 acres at 1010 N. Glendale Ave, w...
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• The Chapman Redeveloped into Upscale Rental Project
5/30/08
The adaptive reuse project encompassed a broad range of interior, exterior and environmental considerations, added Wade Killefer, Principal at Killefer Flammang. “Of special interest to residents are the roof-top amenities, w...
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• Annual High-Rise Inspection Fee to Rise
5/28/08
Here’s news about increasing inspection fees certain to be of interest to commercial building owners and managers in Los Angeles. This article was written by BOMA of Los Angeles and originally published in their Front Line ne...
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• Van Nuys Land Parcel is Great for Perfect Nutrition
5/22/08
A 1.4-acre industrial land site in Van Nuys was purchased Perfect Nutrition, a distributor of nutritional supplements, for the development of a 30k sf warehouse/distribution facility. The land, which sold for $3 mil ($49/sf),...
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• Culver City to Offer Room & Board to Visitors
5/21/08
Room & Board, a Minneapolis-based furniture retailer, has inked a lease for 40k sf of retail space in a yet-to-be-built project in downtown Culver City. The lease represents the initial Los Angeles area location for the compa...
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• A New Mr. Mojo Rising at Maguire Properties
5/20/08
Even though the writing has been on the wall for some time now, we never really thought we’d report that Rob Maguire has been replaced as President and CEO of Maguire Properties, the big SoCal-based office REIT that he founde...
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• Long Beach Building Becomes Newest Constellation
5/19/08
A vacant 29k sf building in Long Beach was acquired by locally based Constellation Community Middle School to be redeveloped as a charter school. The property, located near Pacific Coast Hwy at 1955-1965 Long Beach Blvd, sold...
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