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September 19, 2020
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SOUTHERN CALIFORNIA NEWS
Archive
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• Kelly's Heroes Look for Paper Gold in Downtown LA
5/03/02
We've got a trio of recent leases from downtown LA to report, starting with an industrial deal at the southeastern part of the central city area. Kelly Paper Company, the well-known national supplier of printing products, lea...
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• Good Causes Deserve Good Coverage
5/03/02
It's always great when people go to extra lengths to help out others, so when we learn of some industry-related events put on to help charitable causes, we want to let others know about them. And it so happens that we've got ...
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• Proficiency to Squeeze out New Building at Citrus Park Business Center in Riverside
5/02/02
Let's turn our attention to some recent activity in the Inland Empire, starting in Ontario, where Ming Management LLC exercised an option to purchase the 228.4k sf Ontario Ridge Commerce Center for $10 mil ($44/sf). Ming is a...
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• San Diego Lease Comps
5/01/02
Here are a handful of recent leases from San Diego County, to help update your comp sheets. The first deal is in Vista, where JELD-WEN signed a five-year, $3.5 mil lease for 123.3k sf ($0.47/sf/mo) of industrial space at Nort...
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• Foods Company Fantis-izes about Santa Fe Springs Building
4/30/02
We've got a trio of recent deals to report from LA's Mid-Cities area, starting in Norwalk, where WLA Investments purchased Imperial Business park, a five-building, 111k sf business park at Carmenita and Pumice Streets. WLA, w...
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• We Alert You to some Major Office Listing Activity in the LA Area
4/29/02
There's quite a bit of talk about some major LA-area office properties that may be changing hands before too long. Thanks to a couple of recent pieces from Real Estate Alert, we're going to share some of this news with you. W...
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• El Monte Office Development Has a Flair for County Tenants
4/29/02
Here's an update on a new development in the San Gabriel city of El Monte, as Sonnenblick-Del Rio Development, out of Brentwood, has broken ground (top photo) on the second phase of its Flair Office Plaza. The project is a $4...
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• ATC Finds El Segundo Promised Land after Exodus' Exodus
4/26/02
A San Francisco-based development firm is in the process of purchasing a 111k sf industrial building at 202 Nash St, between El Segundo Blvd and Grand Ave in El Segundo, which they intend to renovate, in a $14 mil investment ...
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• Shidler Sees a View in Sorrento Mesa They Have to Buy
4/25/02
The Shidler Group, in partnership with Angelo, Gordon & Co, has purchased Seaview Corporate Center in Sorrento Mesa for $62.5 mil. The 353.1k sf, four-building office and biotechnology complex is located at 10180-10196 Telesi...
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• Kearny Inks High-Tech Lease in Pasadena
4/24/02
In a major Pasadena office lease, the environmental engineering firm Tetra Tech inked a 12-year, $25 mil deal at Kearny Real Estate's Pasadena Corporate Park, a 260k sf low-rise suburban office campus that was awarded the Sou...
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• April 23, 2002 - New North Building Offers Amenity-Rich Office Opportunity at Farmers Market
4/23/02
With all of the hoopla about Caruso Affiliated Holding's just-opened The Grove at Farmers Market, the 550k sf retail masterpiece immediately adjacent to the historic Farmers Market at Third and Fairfax in West Los Angeles, an...
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• Anaheim Activity Remains Strong after $40 Mil Lease at Arena Corporate Center
4/22/02
The Syndicated Office Systems subsidiary of Tenet Healthcare Corp has inked a 10-year lease for 150k sf of space at Arena Corporate Center, Trammell Crow Company's just commencing 383k sf office development adjacent to the Ar...
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• Long Beach Lease Calls for Urgent Care
4/19/02
Harriman Jones Medical Group, a Long Beach-based medical group, signed a renewal lease at their existing building that called for a reduction of about one third of their space. In this new deal, the tenant agreed to an eight-...
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• An Airline Deal for Howard Hughes
4/19/02
Qantas Airways, the world's second oldest airline, relocated their Americas/Pacific headquarters office after signing a seven-year, $3 mil lease for 12k sf ($2.98/sf/mo) at 6080 Center Drive in Westchester. The 12-story, 287k...
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• Businesses Love those Carlsbad Office Buildings
4/18/02
We'll start off our latest San Diego lease review in Carlsbad, where D.R. Horton San Diego Holding Company inked a five-year, $2.15 mil deal for 20k sf ($1.79/sf/mo) of office space at Crivello Commerce Center. The building i...
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• US Airways Takes Off from Scripps Ranch
4/17/02
It's time to update you on a number of recent San Diego County sales, starting in Scripps Ranch, where The Shidler Group, in partnership with Angelo, Gordon & Company, paid $7.9 mil for a 78.3k sf ($101/sf) two-building compl...
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• Windsor Door Slams Shut Lease for 25k sf Ontario Building
4/16/02
We haven't visited the Inland Empire in a little while, and there's been some interesting activity going on in the region. We've got a couple of leases and a pair of sales to review. Let's first head out to Fontana, which is ...
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• Triple Net Pays $23.6 Mil for Pacific Corporate Park in Lake Forest
4/15/02
Pacific Corporate Park, a 167.6k sf suburban office park in southern Orange County was just bought by Triple Net Properties LLC for $23.6 mil ($141/sf). Located at 25341-25391 Commercentre Dr, within the 286-acre master-plann...
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• A Towering Transaction in Burbank
4/12/02
Rentv's man on the street has heard that a major Tri-Cities office sale is about to close in the next week or so, with Beacon Capital Partners, the East Coast-based real estate investment company, as the buyer. The building i...
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• Church Finds their Way to Vacant Building in Downtown LA
4/11/02
Downtown L.A. is one of the hotter sub-markets in the Southland, and we've got a trio of recent deals from the city's central core to tell you about. We'll start with a couple of leases and wrap up with a smaller acquisition ...
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