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Koll Collects Cooley in Colton 7/28/06 Cooley Center, a three-building industrial/office property in the Inland Empire city of Colton, has been purchased for $6.3 mil by The Koll Company, the Newport Beach-based real estate firm. The asset, which is currently 95% ...
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HBO's Big Love for Colorado Center 7/28/06 CSGF Pacific ABS Hollywood LLC, a joint venture group, has picked up a desirable land assemblage in Hollywood for the development of a new mixed-use project slated to contain residential condos and retail space. The three lan...
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Tishman Speyer Makes Grand $82 Mil Entrance into El Segundo Market 7/27/06 Tishman Speyer has acquired Continental Grand Plaza II, a 239k sf Class A office building located at the intersection of Continental Blvd and Grand Ave in El Segundo's Superblock area. The property, built in 1999, sold for $8...
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Scripps Ranch Asset Trades for $32 Mil 7/27/06 Monarch Corporate Center, a two-building, 112.4k sf office property, was purchased by Vinings Trace LLC for $32.2 mil ($286/sf). The asset, made up of twin three-story Class A buildings, is located at 9909 and 9915 Mira Mesa ...
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Pro Moves 7/27/06 Cushman & Wakefield Executive Managing Director Andrew Ratner has been appointed to lead the firm's newly created Global Consulting Group. In his new role, Ratner will further develop the firm's advisory business in collabora...
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Fairway Commercial and Adler Realty Acquire 18-Acre Development Site in Lake Elsinor 7/26/06 A partnership of Fairway Commercial Partners of Manhattan Beach and Adler Realty Investments has acquired an 18-acre site located near the Hwy 74/I-15 interchange in Lake Elsinore. The venture currently plans to develop 255k ...
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Financing Notes 7/25/06 Newmark Realty Capital: Mark C. Ritchie, Principal of Newmark Realty Capital Inc, has arranged permanent financing in the amount of $100 mil for The Knolls Apartment Homes and the Westlake Canyon Apartment Homes. The property...
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Ryan Companies to Bring a Little Green to Carlsbad 7/24/06 The city of Carlsbad and Ryan Companies US Inc have teamed up to bring the city's first Leadership in Energy & Environmental Design (LEED)-registered “green buildings” to The Towers at Bressi Ranch. The 21-acre development wi...
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Financing Notes 7/24/06 George Smith Partners: George Smith Partners has arranged $22.675 mil in permanent financing for a 200-unit multifamily property in Murrieta. The borrower intends on implementing a comprehensive repositioning strategy that in...
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Westcore Teams Up in Santa Clara Office Buy 7/21/06 San Diego-based Westcore Properties LLC and Dividend Capital Total Realty Trust, out of Denver, have purchased a Santa Clara office property as part of a new joint venture that the two firms have formed. The three-building, C...
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Hager Pacific Loves It at Levitt 7/21/06 SoCal-based Hager Pacific Properties has acquired a Portfolio of three single-tenant, national credit NNN office buildings from Levitt Properties Trust for $48 mil. The portfolio properties are located in the Dallas, Chicago...
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Legacy Makes $95 Mil Office Buy in Downtown San Diego 7/20/06 Legacy Partners, the Foster City-based real estate advisor, has purchased 600 B Street, a 338.9k sf office tower located in Downtown San Diego. The property, which was sold by Santa Ana-based Triple Net Properties, traded for...
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CT Ventures into AZ with $8.5 Mil Office/Retail Buy 7/20/06 Newport Beach-based CT Realty Corp just closed its first office and retail property acquisition outside of California with the purchase of the Firerock Office Center and Retail Shops in Fountain Hills, AZ. The company purcha...
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Hillwood Adding 540k sf Expansion to AllianceCalifornia Facility 7/20/06 Hillwood has begun construction on a 540.5k sf expansion of the Westgate 1 building in the company's AllianceCalifornia development in San Bernardino. Once completed, Westgate 1 will be one of the largest buildings in the dev...
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Koll Venture to Acquire 1.74 msf AmeriVest Portfolio 7/20/06 Newport Beach-based The Koll Company has teamed up with the Public Employee Retirement System of Idaho (PERSI) in a venture to acquire a major portfolio of 12 office properties totaling approximately 1.74 msf from AmeriVest P...
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Cruzan/Monroe Produces Mixed-Use Condo Project Across from PETCO Park 7/19/06 TR Produce, a mixed-use office and retail redevelopment project located directly across from centerfield at PETCO Park, is now complete. The project, a development of Cruzan/Monroe, consists of downtown San Diego's first hist...
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Anaheim Industrial Facility Trades for $28 Mil 7/19/06 A 281.5k sf, NNN-leased industrial facility in Anaheim traded hands at a price of $28.5 mil, or about $101/sf. The building is at 4633 E. La Palma Ave, east of Lakeview Ave and north of the 91 Fwy. The transaction was brokere...
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AIG Teams Up with Ratkovich in New Ownership of The Alhambra 7/18/06 The Ratkovich Company (TRC) has partnered with an affiliate of American International Group (AIG) to create a new ownership entity for The Alhambra, the 45-acre, 1 msf mixed-use campus in the San Gabriel Valley. The property ...
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Cisterra to Create Gateway at Torrey Hills 7/18/06 Cisterra Partners is about to being construction on Gateway at Torrey Hills, a 200k sf Class A office project on 7.7 acres at the northwest corner of Carmel Mountain Rd and I-5 in Torrey Hills. Cisterra acquired the site from...
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New Projects Get Underway in SD County 7/17/06 Construction is underway at Chula Vista Commerce Center, a six-building, 183k sf industrial park located at 3513-3523 Main St in Chula Vista. The project, being built by Voit Development Company, is well situated in close pro...
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