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April 1, 2020
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SOUTHERN CALIFORNIA NEWS
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• Summit/Mack-Cali Selling Out Stadium in Anaheim
7/26/02
It's comp time for those of you keeping up on leasing activity in Orange County, as we run down a number of notable deals from the past few weeks. We'll begin with a juicy $7.2 mil government deal, as the Social Security Agen...
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• ADP Leases are Automatic
7/26/02
Automatic Data Processing (ADP), one of the largest independent computing services in the world, inked separate leases for two of the company's regional offices, in transactions with a combined value of $4.85 mil. One of the ...
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• American Cancer Event Honoring Developer Gerald Katell Raises over $740k for Cancer
7/25/02
Here's some news, while not specifically about commercial real estate, that we thought you might be interested in since it has to do with a prominent cancer research organization and a prominent LA real estate developer. Chef...
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• J.C. Penney Holds Building Sale in Buena Park
7/25/02
In this report we turn our attention to recent sales activity in the northern Orange County cities of Anaheim, Santa Ana, Placentia, Buena Park and Huntington Beach. Our first deal is in Santa Ana, where an investment entity ...
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• Studio Service Companies Hitch Trailers in Sun Valley
7/24/02
It's not often that we report on deal activity in Sun Valley, but today we've got a pair of larger industrial deals from the area to let you know about. Sometimes confused with Sunland, a neighboring community just a few mile...
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• LNR Signs Pair of New Tenants at Warner Center
7/23/02
In Warner Center, Science & Applied Technology did an understandably quiet deal for 74k sf of new space at LNR Warner Center, while also renewing their 30k sf in two buildings nearby on Califa St. The tenant was repped by Jos...
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• Investors Have Been Bieri Busy in San Diego
7/23/02
It's time to catch up on some of the latest sales activity in San Diego, one of our favorite counties in this Golden State of ours. We'll start in Kearny Mesa, where HUB Properties Trust picked up Sky Park Centre, a 106.8k sf...
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• Arden/Westfield Lease Has All the REIT Stuff
7/22/02
For those of you who like to keep up on as many comps from West LA as possible, this report will give you a rundown on a number of recent deals from the region. To begin, we'll give you a final re-confirmation on a major leas...
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• July 19, 2002 - Get Ready for $400 Mil Sale at Glendale Galleria
7/19/02
Glendale Galleria, the successful 1.3 msf mega-mall at the south end of Glendale's business core, is reportedly being made available for sale. According to a recent piece in Real Estate Alert, the center's ownership, made up ...
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• California Pizza Kitchen Serves up 10-Year Renewal at Arden's Skyview Center
7/19/02
Arden Realty recently inked a pair of 10-year leases at Skyview Center I, a 20-year-old office tower at 6033 W. Century Blvd, between Sepulveda and Airport Blvds by LAX. The 12-story 195.3k sf building is one of two structure...
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• LAUSD Pays $13 Mil to Send Students to Van Nuys Drive-In Theater
7/18/02
We've got a pair of deals to report from Van Nuys, a part of the city of LA that sits in the very center of the San Fernando Valley. We'll begin with a more unusual transaction, as the Los Angeles Unified School District pick...
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• Ontario Office Sale Towers Over Region
7/17/02
Although we typically report on major warehouse/distribution property deals when we cover the Inland Empire, the region has seen its second large office sale in just three months. In this latest transaction, Irvine-based CIP ...
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• Latest Pasadena Mixed-Use Development Looks Like a Champion
7/17/02
LA-based Champion Development has started construction on the office and retail component of the Pasadena Collection, a $40 mil mixed-use development at the corner of Cordova and Lake Avenues in Pasadena. The four-story, 75k ...
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• Equity Office Properties News
7/16/02
Recent media sources abound with reports of big doings at Equity Office Properties Trust, the nation's largest office REIT. First off, there have been a slew of financial happenings in connection with the company's Cumulativ...
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• Interbath Helps AMB Clean Up in the City of Industry
7/15/02
Although office market activity in the state has been sluggish in most areas, demand for industrial space in many parts of Southern California has remained fairly consistent. We've reported on a number of recent transactions ...
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• Watson Land Leases Two More Buildings at Carson Industrial Complex
7/12/02
Watson Land Company, one of the largest industrial developers in the LA Basin, has locked up leases for two more buildings at their Watson Industrial Center South, a master-planned business park in Carson, bordered by Wilming...
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• LA City Notes: Is MetLife's 333 South Hope Sold? Find Out Here!
7/12/02
We've got a couple of recent news items to report from areas on the outskirts of downtown LA. The first deal is an office lease in the Mid-Wilshire area, only a mile or so west of downtown, where the General Services Administ...
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• Arden Hands Off 2.4 msf San Diego Management Assignment
7/11/02
It's not that often that we report on new management assignments, however, it is an area that certainly represents major business for commercial real estate service firms and has become a very competitive industry. And, we ha...
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• July 10, 2002 - NAIOP Awards Lowe Enterprises
7/10/02
In this piece, we thought we'd turn our attention to a couple of more people-oriented news briefs, to let you know about special honors awarded to Rick Caruso, founder and CEO of Caruso Affiliated Holdings, and Lowe Enterpris...
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• July 10, 2002 - $90 Mil Gets Investor an Entire Village in the San Fernando Valley
7/10/02
There continues to be quite a bit of commercial real estate activity in the San Fernando Valley, especially the west Valley. Last week, we posted stories about major leasing activity in both the east and west ends of the Vall...
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