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Trizec May Have Buyer for Paseo Colorado 6/24/02 Trizec Properties, which for some time now has made it known that they were looking to sell off their three recently developed retail mega-projects – Hollywood & Highland in Hollywood, Paseo Colorado in Pasadena, and Desert P...
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San Diego Architecture Firm Takes Sunroad to New UTC Office Building 6/22/02 We've got news of a pair of San Diego-area office leases by architecture firms to report. In one transaction, Brian Paul & Associates, an architectural and site planning firm, has signed a five-year, $1.2 mil lease for 5.6k s...
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June 20, 2002 - El Segundo Voters Overwhelmingly Approve Thomas' Corporate Campus 6/21/02 Here's an update on a major project to be developed in El Segundo, and a topic we've covered at length on Rentv, as this past Tuesday, June 18, voters in the city overwhelmingly approved by a margin of 67% to 33% (3,350 peopl...
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Fullerton Industrial Building Sale to Fastener Company Stands Up to Screw-tiny 6/20/02 In this latest Orange County report, we'll mention some significant recent purchases by the user community; buyers who will be occupying buildings in which to carry out their businesses. These folks focus more on the physica...
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Converse Inks 250k sf All-Star Deal at Fontana Business Park 6/19/02 There have been a number of newsworthy deals in the Inland Empire over the last few weeks, including Converse Footwear's recent lease for a new 250k sf distribution facility in Fontana. The athletic footwear sprinted into a 7...
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Rentv Presents the Kevin Shannon Report, Otherwise Known as South Bay Sales Review 6/18/02 Interest in South Bay industrial and modest office facilities continues, as we've got an update on some more newsworthy sales, thanks in part to Kevin Shannon of Grubb & Ellis. We'll start with TA Associates Realty's $15.3 mi...
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LBA Calls Plummer for Massive Telegraph Deal 6/17/02 We've got a few recent sales from the Mid-Cities area to report, starting with a large $33.5 mil deal in Santa Fe Springs, where Newport Beach-based LBA paid that amount for Town Center Business Park, a 10-building, 457.5k sf...
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Economic Summit to be a Hollywood Production 6/14/02 There continues to be a lot of exciting real estate activity in Hollywood, as investors and developers view redevelopment in this fabled part of Los Angeles as already being well underway. Besides the area's glamorous associa...
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West L.A. Lawyers Caught Looking at Penthouse 6/14/02 The team of brokerage pros over at Coldwell Banker Commercial WESTMAC have been busy doing deals on LA's Westside, and we've got a handful of recent transactions they've been involved with to mention as we report on a number ...
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$9 Mil Industry Sale a Real Stroud Pleaser 6/13/02 In Irwindale, hair care manufacturer L'Anza Research signed a 10-year, $4.7 mil lease for 53.1k sf ($0.74/sf/mo) of industrial space, which the firm will use for their corporate headquarters and manufacturing needs. Their spa...
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Is the Sun Setting on a Hotel at Apollo's Sunset Millenium? 6/12/02 Here's an update on Sunset Millenium, the three-block retail/office complex situated along the south side of Sunset, stretching both east and west of La Cienega. The big news with regard to this project, being developed by In...
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Investment Group Looks for Fairway to Make $20 Mil Carlsbad Buy 6/11/02 Here's news of a sizable office property investment in Carlsbad, as a California limited liability company spent $19.5 mil for Fairway Corporate Centre, a 115.4k sf ($169/sf) complex at 5540 and 5541 Fermi Ct, north of Paloma...
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Fullerton Buyers Go See Cal While Santa Ana Investors Make Arresting Deal at Parker 6/10/02 Investors are on the prowl in Orange County and we'll run down some sales of leased properties that have recently closed escrow. Starting off in Garden Grove, private investor T. Courtney Dunbar acquired a 50.8k sf industria...
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Clarent Enjoys that Funky Cold Medea in Calabasas 6/07/02 Medea Corporation, a manufacturer of high-performance disk storage systems, signed a four-year, $2 mil sublease agreement for 27k sf ($1.54/sf/mo) at 26707 West Agoura Road, west of Las Virgenes Road and on the south side of ...
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Jenny Craig Takes Weight Off Shoulders of Carlsbad Landlord 6/07/02 Jenny Craig signed a 10-year lease valued at $10.6 mil for 48.9k sf ($1.81/sf/mo) of office space at the Ocean Terrace Corporate Center in Carlsbad. Jenny Craig, one of the world's largest weight management corporations, will...
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Davis Partners Prepares to Move Forward with 700k sf Business Park 6/06/02 In Carlsbad, Davis Partners intends to develop a 700k sf master-planned business park on a 62-acre parcel of land along Palomar Airport Road, by Melrose Drive, which the developer acquired about a year ago. Tentatively called...
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Irvine Company Loses this Legal Battle 6/05/02 Some recent Orange County leases have revealed an interesting exception to the dreary activity in the Orange County leasing market. It seems that law firms have become among the most active tenants these days, to the delight...
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SoCal Tenants Trust Equity Office Properties 6/04/02 Equity Office Properties Trust, the nation's largest publicly held office building owner and manager, sent us this brief summary of their recent SoCal leasing activity. The REIT completed nearly 140 lease transactions compris...
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Kilroy Doing Fine after a lot of Healthcare in Del Mar 6/03/02 In one of the largest leases in San Diego County in some time, AMN Healthcare Services, the NYSE-traded firm that was once called American Mobile Nurses, back in April preleased 170k sf of office space in Kilroy Realty's plan...
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Industrious Investor Goes for Industrial Building in City of Industry 6/03/02 In the City of Industry, a private investor paid $5.94 mil for a fully leased 94.5k sf ($63/sf) industrial building at 127 N. California Avenue, at the corner of Valley Blvd. Lushing-Collins Development, LLC developed the pro...
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