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January 19, 2020
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SOUTHERN CALIFORNIA NEWS
Archive
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• Latest Commerce Tenant is Unipac, Man!
2/14/02
In the City of Commerce, an entity called Unipac, LLC paid $1.8 mil for a 33.3k sf ($54/sf) industrial building at 5720-5722 Union Pacific Ave, in the southwestern quadrant of the confluence of the 5 and 710 Freeways. The sel...
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• Ontario Developer Attracted to Locust
2/12/02
Proficiency Capital Corporation, led by Jeffrey Trenton, has begun construction on phase two of its $50 mil Ontario Gateway West Business Park, just south of Ontario International Airport. Located at 1495 E. Locust St, this s...
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• Financing Notes
2/12/02
We'll lead off this review of recent commercial real estate financing activity with some notes on what was the “Transaction of the Year” for 2001 over at George Smith Partners (GSP), the well-respected real estate financing a...
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• Turner Grabs a Weiner in Santa Fe Springs
2/11/02
Let's turn our attention to LA's Mid-Cities area, where we've got a trio of recent transactions to report. In the first deal, Turner Development Company paid $3.25 mil for a 43.9k sf ($74/sf) industrial building at 9835 Santa...
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• eBuilt a Temple in Burbank
2/08/02
We've got a couple of recent leases from opposite ends of the San Fernando Valley to report, courtesy of the pros at Insignia/ESG, who worked both deals. On the east side of the Valley, in Burbank, DIC Entertainment signed a ...
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• The Latest Orange County Sales Crop is Here
2/07/02
The Rentv super sleuths have been spending a lot of time down in Orange County lately, as we put together the finishing touches for our updated Orange County Development Site report, which will be posted in the next week. In ...
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• Church Sends Cavalry after Moose in Camarillo
2/07/02
The backbone of any real estate development is the very land on which it sits, and as it happens, there has been quite a bit of activity lately when it comes to buying and selling developable chunks of dirt around Southern Ca...
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• San Diego Dev Site Report Revisited
2/06/02
It's not as if we were anxious to revisit the massive San Diego County Dev Site Report that we posted at the beginning of the year, but the markets are still active down there, so things are always in flux, especially with ne...
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• Three Major SoCal Office Sales Could Add Up to Over $400 Mil
2/05/02
There has been a trio of major office sales percolating over the past couple of weeks in L.A/Ventura Counties that we've yet to report on the site, so we'll use this space to fill you in. The first deal is a monster, and one ...
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• Westcore Grabs Chula Vista Industrial Park
2/04/02
In Chula Vista, a California limited liability company has purchased Southrail Business Park, a 16-building, 224.5k sf industrial complex at 611-696 Marsat Ct and 1413-1596 Jayken Way, east of I-5 and south of Palomar St. The...
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• Big Time Pro Moves Making News in SoCal
2/01/02
Let's end the first month of 2002 with some good old news about new jobs and old jobs for some top pros around SoCal. We'll start in LA with news of a new player helping Judah Hertz manage and build his SoCal portfolio, and ...
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• Barristers Signs Suite $6 Mil Deal
2/01/02
Let's take a look at some recent leases on the Westside, starting with a couple of significant deals completed at 11500 Olympic Blvd, the 20-year-old, 246.5k sf office building, between Sawtelle and Barrington Aves. In one tr...
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• New Tenant for El Segundo Site that Used to Smelt so Good
1/31/02
In a Torrance sale, Baldwin Properties LLC paid $6.55 mil, as part of a 1031 exchange, for the Torrance Medical Arts Center, a 38.8k sf ($169/sf) medical office building located at 3640 Lomita Blvd, east of Hawthorne Blvd. Th...
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• A New Empire is Rising in the Northeast San Fernando Valley
1/30/02
It's been a while since we've reported on major development news from the San Fernando Valley, so we thought we'd share this quick overview on Burbank Empire Center, Menlo Equities' 393k sf Class A office campus that will mak...
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• Newhall Land & Farming Locks Up Specialty Deal in Valencia
1/28/02
There's been a bevy of interesting transactions of late to report from the Conjeo Valley community of Camarillo. But first, we'll head to Valencia, at the northern end of LA County, where Specialty Labs has announced plans to...
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• Inland Deals Make Developer Master of Its Domain
1/28/02
Let's turn our attention to some recent activity in the Inland Empire, as Master Development has a couple of recent leases to report at The Crossroads Collection, a four-building, 405k sf industrial complex they've just devel...
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• Bruins Medical Team Fast Breaks to South Bay Building
1/25/02
We've just been educated about a sizable South Bay lease, in which UCLA will be relocating some back office space being used by a medical billing group, now located at 10920 Wilshire Blvd. The university locked up a 10-year, ...
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• Trammell Crow Signs $20 Mil Deal for Broadband in Irwindale
1/25/02
Charter Communications, the nation's fourth largest broadband communications company, has purchased a 210k sf build-to-suit campus in Irwindale. The transaction, consisting of two structures on approximately 20 acres at 4777 ...
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• Cypress Landlord Signs a Winter Olympus Deal
1/24/02
For those of you following lease comps throughout the heart of Orange County, here are four more to add to your files, starting in Foothill Ranch, where International Color Posters (ICP), a large-format printing company, has ...
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• January 23, 2002 - Major Market News Comes From Belgum
1/23/02
Before we get to our piece, how about a moment of silence for K-Mart. In our quest to provide the best in commercial real estate coverage of California to our national fan base, we feel obligated to let you know what some of...
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