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September 19, 2020
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SOUTHERN CALIFORNIA NEWS
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• No Gener8xion Gap in this Hollywood Deal
11/24/01
For those of you itching for some new lease comps to round out your Thanksgiving weekend, here are a couple of recent deals from Hollywood and Universal City. In one, Cahuenga Investors, LLC, an LA-based private investment fi...
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• Major Leasing Activity in North LA County
11/21/01
Despite all the doom and gloom, activity in the northern parts of LA County, namely Valencia, the San Fernando Valley and the Conejo Valley, is still strong. We have a few major leases to report below, and pros in the know te...
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• Infonet to Cast Its Net Across Grand Ave
11/20/01
The big news this week comes out of El Segundo, where it appears one of the five new empty developments in this South Bay town is about to be sold to a user. We had heard the rumors that Infonet was buying Opus West's 2171 E....
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• Structures on the Green Tees Off With $8 Mil Carlsbad Acquisition
11/19/01
We'll lead off this review of recent San Diego County sales activity in Carlsbad, where Structures on the Green LLC, a California limited liability company, acquired Carlsbad Crest Corporate Center, a 66k sf office/R&D projec...
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• Big Century City Sublease Deals Keep West LA Brokers Hopping
11/16/01
In West Los Angeles, pros from Julien J. Studley were involved in a couple of recent Century City sublease transactions, with a total value of over $30 mil. In one deal, Cook-Inlet Energy Supply has expanded their presence at...
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• Sylmar Business Park a Hit as L.A. Records Leases Final Building
11/16/01
In Sylmar, World Oil Corporation has leased up their Valley Gateway Business Center, after having just signed LA Records to the final, 108.2k sf building in the complex. LA Records leased the facility for 10 years, in a deal ...
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• Pro Moves
11/15/01
Julien J. Studley, one of the top national brokerage firms, has announced some major management changes at their Southern California offices in Downtown LA, West LA and Orange County. Top executives Howard Sadowsky, the compa...
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• Drummond Drums Up Another Big South Bay Deal
11/15/01
Colliers Seeley's Dave Drummond is on a roll. In the last couple of weeks we've reported two big $30 mil TRW leases in the South Bay that he's handled and now we've got news of a large warehouse facility sale that he brokered...
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• 500k sf of Distribution Space Available at the Gateway to the World
11/14/01
For those of you who've driven to Vegas from LA, the big Heilig-Meyers furniture distribution facility, adjacent to the 15 Fwy in Hesperia, is a familiar sight. Well, don't expect to see the Heilig-Meyers sign for too much lo...
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• Montclair Gets a Carbo Boost
11/13/01
While many of the leases we report from the Inland Empire are for huge warehouse/distribution facilities, here's a trio of smaller deals from the region. The first transaction is in Montclair, where Carboline Company, a St. L...
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• Fountain Valley School District Leases From Jesus
11/12/01
We've got a handful of Orange County leases to review, starting in Fountain Valley, where the Fountain Valley School District has signed a 20-year ground lease for a 2.15-acre chunk of dirt at 17350 Mt. Hermann, just north of...
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• Hooray for Hollywood & Highland
11/09/01
By Allen Wolfsheimer In true Hollywood fashion, today's grand opening ceremony for TrizecHahn's $615 mil Hollywood & Highland retail development included all of the pomp and circumstance one would expect from a production of...
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• South Bay UPS Facility Goes on the Fritz
11/08/01
No sooner than the ink had dried on TRW's big $30+ mil renewal deal for 155k sf at DivcoWest's Manhattan Beach Towers, which we reported last week, than we get word that they've signed another big lease a few blocks away, in ...
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• San Fernando Valley Diagnostic Firm's Quest Takes Them to Northridge
11/07/01
We travel through the San Fernando Valley and into Ventura County to check out some up-to-date and newsworthy happenings in those commercial real estate markets. Starting in the East Valley city of Burbank, The Bassett Famil...
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• Equity Ups their Equity in Maguire's Playa Vista Efforts
11/06/01
Rob Maguire just got a major boost in his efforts to close escrow on the remaining land at Playa Vista designated for construction of the project's 2.2 msf office campus, which will make up the commercial portion of the huge ...
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• Arden Scores a TD in Beverly Hills
11/05/01
As part of our efforts to keep you caught up on newsworthy activity from the Westside, here are a few transactions from the last month or so that we've not yet reported. We'll start with a couple of recent deals at two of Ard...
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• $19 Mil Irvine Buy Leads Orange County Sales Update
11/02/01
El Segundo-based Kilroy Realty continues to sell off properties, as we begin this review of recent sales activity in Orange County with news of the company's sale of Kilroy Technology Center, a 157.5k sf multi-building office...
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• Agents West Spies a Good Opportunity in La Mirada
10/31/01
In LA's Mid-Cities area, we've got a couple of recent manufacturing and distribution leases to report. In one, Tissurama & Green Orange Design Inc has leased 129k sf of space in the Western Distribution Center, at 2800, 2850,...
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• Investors Make $10.6 Mil Buy in San Gabriel Valley
10/30/01
In this quick update on the San Gabriel Valley, we've got news of a sale, a lease, and a new office project that just broke ground. We'll start in Monterey Park, as a Temple City-based private investment group paid $10.6 mil ...
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• Forest City Goes For the Beach
10/30/01
Forest City Enterprises, the big Cleveland-based developer/owner, has bought a 50% interest in the Galleria at South Bay, a successful 1.1 msf regional shopping mall at Hawthorne and Artesia Blvds in Redondo Beach. According ...
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