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April 8, 2020
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SOUTHERN CALIFORNIA NEWS
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• Private Investor Makes $57 Mil Retail Buy
7/18/01
A family-owned investment group has purchased the 264.5k sf Glendale Fashion Center, located at Glendale Blvd and Wilson Ave in Glendale. The LA Times pegs the sale at $57.2 mil, or $216/sf. The center is fully leased and inc...
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• San Fernando and Conejo Valley Movers & Shakers
7/18/01
Here's sort of a mixed-bag of recent transactions in and around the San Fernando Valley. We'll report them in a geographic order, starting in Pasadena and moving west. Leading off with a big sale, New York-based Lend Lease Re...
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• Industrial Inventory in LA's Mid-Cities Continues to Grow
7/17/01
We haven't reported about LA's Mid-Cities area for two or three weeks, so here's an update on some recent activity in the region. We'll start in Montebello, where IDI has broken ground on a 400k sf, three-building industrial ...
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• Douglas Emmett Set to Make $160 Mil Investment in Century City
7/16/01
Here's a rundown of some recent activity on LA's Westside, however, before updating you on a few completed transactions we'll let you know of a pending deal, expected to be wrapped up anytime now. It looks like DivcoWest Prop...
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• Investment Prospects Look Good in La Jolla
7/13/01
Here's an update on two more significant office sales from San Diego County. In the first deal, a California limited partnership purchased the 47.2k sf Prospect Center, at 1020 Prospect St, north of Fay Ave in La Jolla. The b...
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• Matrix Pays Record Price for Industrial Land in Orange
7/12/01
Here are a few more recent Orange County sales to add to your comp sheets. We'll begin in Fullerton, where Eastern Express paid $3.9 mil for an 80.2k sf ($49/sf) industrial building at 4325 Artesia Ave. The building is locate...
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• Historic San Diego Property to Get $16.7 Mil Facelift
7/11/01
Santa Monica-based Watt Commercial Properties has been given the green light by the San Diego City Council to redevelop the historic 120k sf First National Bank building, located at the northeast corner of Fifth Ave and Broad...
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• South Bay Seller Meets Makar
7/10/01
The South Bay continues to enjoy substantial investment activity, even as other parts of the LA area have slowed down of late. We'll lead off with recent news of a major office sale in El Segundo, as Highridge Partners and NJ...
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• Possible Westside Development Site Hits the Market
7/09/01
Here's news of a potential future Westside development site, as BAE Systems Controls, a manufacturer of electronic flight and engine controls, has decided to put their 10.4-acre Santa Monica aerospace campus on the market. As...
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• San Gabriel Valley Deal Review
7/09/01
Here are a couple of recent San Gabriel Valley sales, with the first deal being in Walnut, at the southeastern edge of the region. In this transaction, California Industrial Properties acquired the three-building, 79.9k sf Br...
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• Orange County Deals Ripe for Reporting
7/06/01
We've got a bunch of deals to report from busy Orange County, so we'll get right into some sales first, starting at the northern end of the region and working our way south. Leading off in Brea, Cliffwood Holdings LLC paid $3...
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• San Diego Dealmakers
7/05/01
We've got more sales to report from San Diego County, as we lead off in Sorrento Mesa, where M.J. Trust paid $3.1 mil for a 24.5k sf ($126/sf) building at 6134 Nancy Ridge Dr, south of Mira Mesa Blvd. The 14-year-old building...
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• Investors See Continued Opportunity in Inland Empire
7/05/01
Inland Empire industrial buildings continue to attract investor money, as we've got a few more recent deals to mention. We'll start in Corona, where Marshall Vinyl Windows has picked up a 127.8k sf structure, at 235 Radio Rd,...
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• Seems Like Old Times, After West LA Renewal By New Times
7/03/01
Arden Realty, the West LA-based REIT, keeps ringing up the deals. We've got a couple of recent mid-size leases in two of their Westside properties to report. We'll start at 1919 Santa Monica Blvd, where State Farm Insurance l...
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• DMJM Engineers Big Downtown LA Lease
7/02/01
Here's an update on a couple of ongoing Downtown LA stories that have been in the news quite a bit and that we've mentioned in previous articles on the site. First up is the big DMJM (Daniel Mann Johnson & Mendenhall) lease a...
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• Deal for San Gabriel Valley Facility is Magical
7/02/01
Here's an update on a couple of recent leases in the San Gabriel Valley. In one, the Keck School of Medicine, of the University of Southern California, has elected to take more space at The Alhambra, the historic 1 msf office...
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• San Diego Office, Industrial and Land Comps
6/28/01
We've got a number of recent sales to report from California's southernmost county, so we'll lead off in Otay Mesa, where Kavendish Ltd, a California limited partnership paid $8.4 mil for the 132.8k sf ($63.25/sf) first phase...
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• Immigration Firm Migrates to Sherman Oaks
6/28/01
In a recent Valley lease, the immigration/naturalization law firm of Korenberg, Abramowitz & Feldun has signed a 10-year, $3 mil transaction for 11.5k sf ($2.17/sf/mo) at Washington Mutual Plaza, a 45k sf garden office buildi...
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• Imagine All the Orders You Can Fulfill With a 117k sf Facility
6/27/01
Imagine Fulfillment Services has signed a 10-year, $8.2 mil ($0.58/sf/mo) lease for a 117.2k sf industrial property at 20100 S. Vermont Ave, west of the 110 Fwy and south of the 405 Fwy in Torrance. The transaction included a...
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• June 26, 2001 - Notes on People and Properties Around the Greater LA Real Estate Scene
6/26/01
We'll start off our news review by mentioning the sea of office space that is now vacant in OC. Have you seen all the press lately about the exploding vacancy rate there? The Times had it on the cover of their recent Tuesday ...
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