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• Vacant Torrance Site to be Developed into Medical/Office/Retail Project
8/25/06
Rockefeller Group Development Corporation (RGDC) has acquired a strategically located 23-acre vacant site in Torrance, on which the company plans to build a multi-use medical and professional office project that will also inc...
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• Whittier Office Sale a Victory for New Owner
8/25/06
A 10k sf, two-story office building at 6726 Milton Ave, west of Greenleaf Ave and south of Broadway Ave in Whittier, was purchased by Victory Outreach for $1.58 mil ($158/sf). The property was sold by Desert Bloom Ministries ...
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• New Costa Mesa Condo Project Offers Ownership Alternative for Small Space Users
8/24/06
Sales are underway at Coppertree Business Park, an office condo project geared to small space users, situated along Kalmus Dr near the intersection of Redhill Ave in Costa Mesa. The lushly landscaped corporate campus consists...
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• CT Sees Interesting Opportunity in Otay Mesa
8/23/06
Newport Beach-based CT Realty Corporation recently acquired two multi-tenant industrial buildings in Otay Mesa for an interesting redevelopment project. The buildings, totaling 88k sf, are located at 10065 and 10145 Via De La...
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• Property Management Notes
8/23/06
G.H. Palmer Associates has awarded the management contract for a 12-community, 5,473 unit apartment portfolio to Western National Property Management, the multifamily real estate management arm of Western National Group. This...
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• Victorville to get Twin Tower Office Project
8/22/06
A development entity of Modaro LLC is set to build a pair of eight-story, Class A office buildings in Victorville, which, once completed, will be the tallest buildings in this Inland Empire city. Located on the northwest corn...
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• IDS to Turn Redlands into Industrial Lands
8/22/06
IDS Real Estate Group has acquired a 21.4-acre site at Park Ave and Iowa St, about one-half mile south of the I-10 in the city of Redlands, with plans for a diverse industrial project. The project, which will be called Park A...
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• Gasket Manufacturer Fills Out Phase One at Lancaster Project
8/22/06
Phase I of Fox Field Business Park, a five-building industrial portfolio encompassing 60.4k sf of small, for-sale industrial space in Lancaster, has sold out. In the latest transaction, SCE Gaskets, a Lancaster-based manufact...
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• Bixby Spends $18 Mil on Ontario Biz Center
8/21/06
Bixby Land Company has acquired Archibald Business Center, an 18-acre business campus located at 2021 South Archibald in Ontario, for $18 mil. The property includes a renovated, 231.4k sf warehouse/distribution building and ...
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• Owner/Users Venture into Chula Vista Condo Park
8/21/06
Buyers have snapped up a dozen units at Venture Commerce Center Eastlake, a new business park near the future SR-125 toll road geared to small businesses. The 12 sold units, which total 28.6k sf of space, sold for a combined ...
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• SARES●REGIS Wheeling and Dealing at Sierra Business Park
8/18/06
SARES●REGIS Group has completed three major transactions – the acquisition of two warehouse and distribution buildings, the sale of one building and the lease of another – in the 200-acre Sierra Business Park in Fontana...
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• The Nippon Express Pulls into another 150k sf at Pacific Gateway Center
8/18/06
Nippon Express (U.S.A.) Inc, a NY-based international logistics firm, has boosted its presence in Pacific Gateway Center in LA's South Bay, after signing a new five-year lease for 151.6k sf. Terms of the transaction were not ...
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• Hines and TIAA-CREF Set to Break Ground on New 340k sf Office Tower in SD's UTC
8/18/06
Hines and TIAA-CREF have teamed up in a venture to develop a 15-story, 340k sf high-rise landmark office building on a three-acre development site within San Diego's University Town Center submarket, which Hines acquired from...
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• Logistics Provider Takes 170k sf Chino Facility
8/17/06
Kenco Group Inc, one of the nation's largest third-party logistics providers, has leased a Class A 170.7k sf free-standing industrial building located at 14651 Yorba Ave, within the 1.8 msf master-planned Centerpointe Chino B...
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• Escondido School District Buys Building with Land for Development
8/17/06
The Escondido Unified School District recently spent $13.5 mil for a 64k sf building along with additional land at 2310 Aldergrove Ave, west of the I-15 and south of the 78 Fwy in Escondido. The single-story building sits on ...
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• Prudential Snags $170 Mil Portfolio from Overton Moore
8/16/06
Newark, NJ-based Prudential Insurance Company of America, one of the largest life insurance companies in the U.S, has acquired a 1.75 msf portfolio of industrial properties from Overton Moore Properties (OMP). The $170 mil ($...
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• Teledyne Takes 80k sf Poway Space
8/16/06
Teledyne RD Instruments has signed a 60-month, $4.65 mil for 80.9k sf ($0.96/sf/mo) of R&D space at Parkway Centre Five, located at 14020 Stowe Dr, north of Scripps Poway Pkwy in Poway. The company, a manufacturer of underwat...
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• LBA Sells Former General Dynamics Building in Placentia for $16.5 Mil
8/15/06
A private family trust based out of Placentia has purchased the General Dynamics Building, a 57.2k sf office building located at 180 N. Riverview Dr, south of the 91 Fwy and east of Weir Canyon Rd in Anaheim Hills. The transa...
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• Equity Inks 1.8 msf of SoCal Deals over First Half of 2006
8/15/06
It has been a strong first half of the year in SoCal for Equity Office Properties, the nation's largest office building owner. For the first six months, the company has enjoyed over 1.8 msf of leasing activity in its Southern...
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• Alliance Commercial Opens $25 Mil Account with WaMu
8/14/06
Alliance Commercial Partners LLC purchased two Washington Mutual office buildings in the San Fernando Valley community of Northridge, in a transaction valued at $25.4 mil. The buildings, located at 9301 and 9401 Corbin Ave, b...
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