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September 28, 2020
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SOUTHERN CALIFORNIA NEWS
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• Insignia Goldfish Jumps into an Even Bigger Bowl
12/18/01
The Irvine Company has just awarded Insignia/ESG with a property management and construction management services contract for a 3.5 msf office portfolio, made up of ten Class A high-rises throughout Orange County, Los Angeles...
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• Hillwood Signs Kohl's to 650k sf Distribution Building in San Bernardino
12/17/01
It's been a little while since we've brought you some news from the Inland Empire, so we're going to touch on a few recent goings-on from this warm SoCal region. Let's begin in the city of San Bernardino, where Dallas-based H...
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• Capital Pros Broker Industrial Deals in Chatsworth and San Fernando
12/15/01
The pros at NAI Capital Commercial keep closing out deals in the San Fernando Valley, and we've got a couple of their most recent transactions to let you know about. In the first deal, Fiserv Inc, a data storage company, inke...
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• Local Real Estate Veteran Gets Lesson from L.A. School District
12/14/01
There have been a few major real estate stories around LA's Westside over the past month or so, dealing with some of the biggest or most controversial properties in the area, which we want to touch on here. We'll start over i...
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• Paul Hastings to Tower Over Other LA Law Firms
12/13/01
In what is reported to be the largest lease transaction in downtown Los Angeles this year, the international law firm of Paul, Hastings, Janofsky & Walker has inked a 15-year renewal with Shuwa Investments Corp for 208.8k sf ...
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• Wholesale Supermarket gives 102% in North Hollywood Lease
12/11/01
For those of you who can't get enough of the San Fernando Valley, here are a couple of recent comps from LA's quiet little suburb of over a million people. The first deal is a sale, as an investment entity called Ventura Gavi...
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• McMillin Sells Another at Parkway Center in Poway
12/11/01
We've got more recent San Diego County sales to report, starting in Poway, where McMillin Commercial sold another building at their Parkway Business Center, a late-model five-building light industrial/distribution complex loc...
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• Downtown Los Angeles Lease Duo
12/10/01
Here's an update on a couple of recent leases from downtown LA. In the first deal, the Bank of China, one of four major state-owned commercial banks in China, has signed a seven-year, $3 mil renewal and expansion for 14.6k sf...
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• North Orange County Sales Review
12/10/01
In this report, we're going to head to northern Orange County, where there's been continued investment activity in the $2 mil to $7 mil range for smaller office and industrial properties. We'll begin our review in Westminster...
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• Oxnard Lease is Solar-Powered
12/07/01
We've got a handful of meat and potato leases from in and around the San Fernando Valley to report, so let's start smack in the center of the Valley, where USA Wireless Technologies just signed a five-year, $3.7 mil deal for ...
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• Countrywide Search Leads to Simi Valley
12/05/01
There have been a few significant sales in some of the areas around the northern and western edges of the Greater L.A. basin to report. We'll start in Simi Valley, where Countrywide Home Loans, the big national residential mo...
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• Mitchell Stokes the Leasing Fire in West LA
12/04/01
Although times have been a bit tougher for landlords on LA's Westside, there have been some more modest leases to report, a few of which we'll mention here. Mitchell Stokes, a broker at Brentwood-based Madison Partners gets c...
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• NewMark Merrill & Rubin Pachulski Team Up on Big Ventura County Retail Buy
12/03/01
NewMark Merrill Companies, LLC, the Tarzana-based firm headed by CEO Sandy Sigal and Prez David Frank, and Rubin Pachulski Properties, the West LA-based firm headed by Stuart Rubin, have teamed up to buy the 455.5k sf Janss M...
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• Orange County Investor Pays $21.5 Mil for Northpointe Office Park
11/30/01
We'll lead off this Orange County sales review with a couple of office acquisitions, as a Newport Beach private investor has purchased Northpointe Office Park, a 138.6k sf office park located at 15621-15661 Red Hill Ave, just...
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• Guidant "Lite" Comes to Temecula
11/29/01
We'll lead off this review of recent lease comps from San Diego County with a deal just north of the county border, in Temecula, where Advanced Cardiovascular Systems, a wholly owned subsidiary of Indianapolis-based Guidant C...
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• Investment Group Makes a Run for the Hills in Orange County
11/28/01
In Laguna Hills, an investment venture between Birtcher Realty and a GMAC Commercial Mortgage affiliate called P.O.P Lake Hills LP has sold Lake Hills Plaza, a 44.8k sf office building located at 23141 Moulton Pkwy. The buyer...
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• Carson is a Good Place to Sit ‘N Sleep
11/28/01
There have been a number of recent industrial leases in the South Bay to report, including a few more deals from logistics firms. We'll begin in Hawthorne, where Evergreen Aviation Ground Logistics Enterprises (EAGLE) has exp...
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• Guthrie Likes the "Sold Out" View of Lakeview
11/27/01
We have an opportunity to update you about one of the new Orange County industrial projects that we reviewed in a special piece on Rentv about a month ago. The development is Guthrie Development's 165k sf six-building Lakevie...
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• Hazard Center in San Diego's Mission Valley Goes for $71 Mil
11/27/01
In one of this year's largest office sales in San Diego County, a partnership made up of WCB Properties and Starwood Capital Group has paid $71 mil for Hazard Center, a 12-year-old 399k sf ($178/sf) mixed-use development in M...
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• Westcore Makes $18 Mil Grab of San Gabriel Valley Industrial Park
11/26/01
It's time to turn our attention to the San Gabriel Valley, where there have been a few noteworthy transactions of late. We'll start in the City of Industry, where Westcore Gale LLC has purchased Pacific Gulf Distribution Cent...
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