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March 29, 2024
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SOUTHERN CALIFORNIA NEWS
Archive
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• Property Management Notes
12/15/06
PM Realty Group (PMRG) has been awarded three SoCal property and construction management assignments by Newport Beach-based WCB Properties. Totaling 371.6k sf, the office and retail properties are located in Chatsworth, Tust...
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• Asset Management Consultants Picks Up Pair of Kearny Mesa Office Buildings
12/15/06
Asset Management Consultants has acquired two office buildings totaling 137.3k sf at 8825 and 8875 Aero Dr, within Aero Business Center in San Diego's Kearny Mesa area. The buildings, situated east of the confluence of the 16...
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• Mechanix Wear to Wear New Valencia HQ
12/14/06
Sheridan Ebbert Real Estate Development of Sylmar is currently under construction on a new $11 mil HQ facility for Mechanix Wear, the high-performance glove marketer prominent on the NASCAR circuit, in Valencia. The building,...
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• Watson to Milk 1.5 msf Out of 83-Acre Former Dairy Site
12/14/06
Watson Land Company has acquired 83 acres in Chino for the development of a master-planned industrial park, the firm's second major project in Chino. The company intends to develop up to 1.5 msf of small to mid-size building...
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• Valencia Putting Green Buy is Par for the Course
12/13/06
There were a couple of notable land deals to report from around the northern and western edges of the San Fernando Valley, in Valencia and Simi Valley. We'll start in Valencia, where the Greens, a 163k sf putting green proper...
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• SoCal Pro Moves
12/13/06
Joseph Vargas has been named Executive Managing Director, Area Manager for Southern California at Cushman & Wakefield. Vargas, who was previously a Senior Managing Director based in the firm's Orange County office, has manag...
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• Eureka! BH Properties Uncovers $14 Mil Value-Add Buy in El Paso
12/12/06
LA-based BH Properties LLC, a privately held, national commercial real estate investment firm specializing in value-added opportunities, has acquired the Eureka Building, a 655k sf warehouse/distribution center on 36.5 acres ...
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• CarrAmerica Acquires La Jolla Building from Pfizer for $15.6 Mil
12/12/06
It's time to catch up with some recent sales comps from around San Diego County. The transactions, which range in value between $3 mil and $15.6 mil, are from La Jolla, Bonita, National City, San Diego's University area, Vist...
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• SoCal Pro Moves
12/11/06
David A. Frosh: David A. Frosh has resigned from his position as President at Sperry Van Ness. Frosh, 48, has served as the company's President since April 2001 when he joined Sperry Van Ness. He will remain with the company ...
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• LA Mirada Warehouse Facility Trades for $13 Mil
12/11/06
VT Industries, a leading manufacturer of fine laminate countertops, has acquired a 137.7k sf warehouse facility in La Mirada for $13 mil ($94/sf). The building, which was sold by Bristol Industrial, is located at 16222 Phoebe...
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• Investor Goes for the Wilderness Lifestyle in Santa Ana
12/08/06
In this report, we'll take a look at a number of recent sale transactions from around Orange County over the past month or so. The transactions range from $32 mil down to about $2 mil. We'll start with a sizable sale in Tust...
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• Co-Op Finds 75k sf Haven at New Inland Empire Development
12/08/06
Co-Op Financial Services has inked an eight-year, $17.28 mil lease for a new 75k sf ($2.40/sf/mo) building at HavenPark, a master-planned mixed-use development currently under construction in the Ontario/Rancho Cucamonga area...
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• Rexford Industrial Acquires 79k sf National City Project
12/07/06
Rexford Industrial purchased a 78.9k sf industrial park situated on a 3.23 acre parcel at 131 West 33rd St in National City. The property was sold by Voit Development Company, which acquired and redeveloped the property in 20...
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• TDC Acquires 566k sf Distribution Property in Memphis
12/07/06
Torrance-based Transpacific Development Company (TDC) has closed on a major acquisition in Memphis with the purchase of a two-building, 566k sf distribution center near the Memphis International Airport. The fully leased buil...
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• New Pomona Industrial Development Underway
12/07/06
Long Beach-based Seventh Street Development recently broke ground on a new 12-building industrial business park in Pomona that will contain a total of 292.3k sf of space. The buildings are part of the new Mission-71 Business ...
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• Genesis/DECOMA Venture to Give South Pasadena a Square Deal
12/06/06
Torrance-based DECOMA Developers will develop a new 310k sf mixed-use development in south Pasadena in a partnership with the Genesis Real Estate Fund II. The fund, managed by Shamrock Capital Advisors, is providing $8.8 mil ...
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• Printing Technologies Buys and Sells in Chatsworth
12/06/06
The principals of Printing Technologies Inc have acquired a 79.4k sf industrial facility on 5.2 acres of land in Chatsworth for expansion of their headquarters and production facilities. The company also just sold their exist...
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• SoCal Office and Industrial Markets Poised for Growth
12/05/06
Close to 200 people met today on the campus of USC to hear a panel of experts offer a review of SoCal's office and industrial markets for the current year, which is coming to a close, along with some valuable insight into wha...
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• Koll/PER Spends $68.7 Mil on Trio of Properties from AmeriVest
12/05/06
Koll/PER, a limited liability company owned by Newport Beach-based The Koll Company and the Public Employee Retirement System of Idaho (PERSI), has completed the acquisition of three more properties, totaling 485.2k sf, from ...
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• SoCal Pro Moves
12/05/06
Rick Geatty: Rick Geatty has joined the Temecula office of Burnham Real Estate Services as a Vice President. Geatty's hire follows the company's recent expansion into the Inland Empire through a merger with CDM Group Inc, mak...
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Executive Subscriber Price: Free
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