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May 25, 2020
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SOUTHERN CALIFORNIA NEWS
Archive
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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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• $32 Mil Irvine Spectrum Lease a Chip Off the Ol' H&R Block
7/09/02
Option One Mortgage Corporation, a mortgage banking subsidiary of H&R Block, has inked a $32 mil lease for a nearly 250k sf expansion at Irvine Spectrum, in what stands as the largest office deal in Orange County so far this ...
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• Long Beach Investor Finds Good Opportunity on Saturn
7/08/02
Here's the scoop on a number of newsworthy sales form Orange County. Our first deal is in Anaheim, where Odetics Inc, a pioneer and leading supplier of enterprise content management and delivery solutions for the television, ...
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• SSR Realty Advisors get Blue Ribbon in Baking
7/08/02
Cushman & Wakefield's pro trio of John Minervini, Robin Dodson and Erik Larson continue to rack up deals in the San Gabriel Valley. Here's an update on three of their latest transactions from the region. We'll start at the no...
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• New England Life Quenches Office Thirst at Diamond Bar
7/05/02
There's been quite a bit of activity in the San Gabriel Valley, especially in the City of Industry. In a recent sale transaction, SL Investment Group paid $13.6 mil for a 289k sf ($47/sf) industrial building at 218 Machlin Ct...
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• M. David Paul Ready to Rock and Roll after $120 Mil Warner Music Deal
7/04/02
Just a day or so after we reported on some major office leases in the San Fernando Valley, including Liberty Livewire's $40 mil transaction in Burbank, we've got news of two more large deals in Burbank. One of which is Warner...
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• Winning Bidder of West Hollywood Building Got an eSuite Deal
7/03/02
In West Hollywood, eSuites, Inc. was the winning bidder in acquiring a vacant 10k sf office building at 8335 Sunset Blvd, between Crescent Heights and La Cienega Blvds. eSuites paid $3.25 mil ($325/sf) for the three-story str...
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• No Handicap for Snyder Langston Operon Group on this Fairway Drive
7/02/02
In the City of Industry, Snyder Langston Operon Group already has four buildings in escrow at their Imperial Business Park, a planned seven-building industrial park at the southeast corner of Valley Blvd and Fairway Dr that i...
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• $40 Mil Burbank Deal is a Real Livewire
7/02/02
While many view the current leasing environment as being relatively quiet, there have been a few recent leases in the San Fernando Valley that would qualify as major in even the best of times. As an example, Liberty Livewire,...
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• "Advanced" Lease is in "Plain" Territory
7/01/02
We've got a trio of interesting transactions to report from beyond the western edge of the San Fernando Valley, as we head to Camarillo for our first deal. For those of you less enlightened about the nuances between the diffe...
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• Marie Callendar Cooks Up a New HQ Deal in Aliso Viejo
6/28/02
Marie Callendar Pie Shops, the 160-store family restaurant chain with the great cornbread and chicken pot pies, is moving to Aliso Viejo. The privately held company inked a seven-year lease for 17k sf of space at 27081 Aliso ...
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• Oregon Makes $79 Mil Investment in San Diego
6/27/02
In what may be the largest San Diego County office sale so far this year, a partnership consisting of DRA Advisors, out of New York, and Landmark Asset Management Group wrapped up an eight-building purchase for a total cost r...
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• Latest Calabasas Deal Based on Physics Equation
6/27/02
Optical Physics Company has signed a five-year lease with Arden Realty to occupy 12.3k sf of office and lab space at Calabasas Tech Center, a 273k sf office building at 26610 Agoura Rd in Calabasas. This deal is just the lat...
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• Solo Hager Jumps into Cold Storage Facility
6/26/02
An affiliate of Hager Pacific Properties made a substantial industrial property buy in southeastern Downtown LA, as the firm paid $5.3 mil for a 145k sf ($37/sf) cold storage facility located at 2233 Jesse St, west of the con...
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