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September 2, 2010
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SOUTHERN CALIFORNIA HEADLINES

 News
 Etc. Etc...
Douglas Wilson in the Driver’s Seat in San Diego Office Buy
9/02/10
Nine-story downtown building sells for around $10 mil
Nordstrom Adds another Strong Anchor Presence at Santa Monica Place
9/01/10
National specialty retailer latest to open doors at new Westside development


West LA High-Rise Becomes an Ivory Tower
9/01/10
Investment management firm takes 11k sf at Wilshire Landmark I
Prominent West LA Retail Center Hits the Market
8/31/10
PASSCO selling The Promenade at Howard Hughes Center
Decron Properties Provides $17 Mil Bridge Loan for Canfield Development
8/31/10
Financing allows for recapitalization of construction loan on Miracle Mile condo project
Footwear Distributor Steps Into 140k sf Commerce Facility
8/31/10
Industrial owner feeling good after 45k sf lease with Maruhana
Line 6 Lines Up 57k sf Calabasas HQ Space in New $8 Mil Lease
8/27/10
On Assignment leases nearby 37k sf building; report includes Van Nuys industrial sale
Fairfield Properties Leases 60k sf of Sorrento Corp Office Space
8/26/10
Vista Community Clinic purchases 25k sf Vista building
Hudson Pacific Closes on $15 Mil Beverly Hills Office Buy
8/26/10
LA firm completes first acquisition since recent IPO
Robert Half Takes Full 11k sf of Office Space in Westwood
8/25/10
Staffing firm signs long-term deal at Westside high-rise
600-Unit OC Apartment Buy Ranks as One of the Largest CA Multifamily Sales for 2010
8/25/10
Creekside Meadows in Tustin trades hands for second time in four years


Wood Partners to Move Forward With $90 Mil Res Project in Kearny Mesa
8/18/10
Company acquires 6-acre former Sunroad parcel in San Diego Spectrum mixed-use campus
Cedars Sinai Leases West Hollywood Building
8/24/10
Medical Center needs space for addition outpatient programs
Grubb & Ellis Lands leasing Assignment for 1 msf OC Retail Center
8/24/10
Firm will take over at Foothill Ranch Centre

CA DMV Signs Deal with Xebec for New El Monte Office Building
8/24/10
State agrees to 20-year lease for yet-to-be-built LEED-certified structure
Barnhart Balfour Beatty Recognized for Two San Diego-Area Projects
8/20/10
Contracting firm wins “Project of the Year” awards from the American Public Works Association of San Diego & Imperial Counties.

OC Office Property Trades for $6.5 Mil
8/19/10
Owner/user purchases 10k sf Cypress building
Bank of America Plaza Achieves LEED EB:OM Certification
8/19/10
Landmark high-rise is owned by Brookfield Office Properties
Fairfax Financial Closes $32.5 Mil Purchase of Kennedy Wilson Stock
8/19/10
Transaction follows prior investments in KW
Giftwares Company Acquires 208k sf Simi Valley Property
8/19/10
Firm will relocate HQ into larger of two structures


SoCal Retail Briefs
8/18/10
LA burger joint lease is Custom Built; recent deals from Pasadena, Villa Park and Wildomar


San Diego-Area Office Activity Reaches Pinnacle
8/18/10
Muller Company completes refi and inks $17 mil in leases at Carmel Mountain Ranch office building
Barker Pacific Boosts Its Storage Solutions with Inland Empire Acquisition
8/17/10
Firm’s Union Development Company picks up 91k sf First Choice Storage facility in Fontana


George Smith Partners Arranges $32 Mil in Construction Funding on Hollywood Apt Development
8/17/10
Previous owner had completed 70% of work on 180-unit project
Hudson Pacific Properties Spends $27 Mil on South Bay Office Property
8/16/10
113k sf Del Amo Office building is fully leased to Saatchi & Saatchi
Guild Mortgage Takes 42k sf Office Space in Kearny Mesa
8/16/10
Safelite inks deal for Miramar Warehouse building


French Retailer Acquires 128k sf Inland Empire Property
8/16/10
Oxylane Groupe-Decathlon buys Town Center Ontario
Watson Land Gets Huffy
8/13/10
Bicycle manufacturer leases 190k sf South Bay facility
Consulate General of Malaysia Inks Downtown LA Office Renewal
8/12/10
Newly formed law firm takes 60th floor at US Bank Tower


New 850k sf Inland Empire Distribution Facility is Fully Operational
8/12/10
Dr Pepper Snapple Group’s manufacturing building bringing 200 new jobs to Victorville
Next Century Closer to New Development at Century Plaza Hotel Property
8/12/10
Developer unveils revised plans for property that adds new mixed-use space and keeps landmark hotel intact...

Edison Mission Energy Inks Deal for 85k sf of HQ Space in Santa Ana
8/10/10
Power company relocates to 3 MacArthur Place in South Coast Metro area


NAI Capital and The Bradco Companies Marketing New Victorville Industrial Project
8/10/10
Biz park consists of six tilt-up buildings
OC Office Building Sells for Near $3 Mil
8/09/10
Investor pays $76/sf for Santa Ana asset
Premier Business Centers Opens New Center in Newport Beach
8/06/10
Conexant Building location represents the firm’s 56th center across the country
USC Inks 160k sf Westside Office Renewal
8/05/10
Long-term deal at Marina towers is said to be largest 2010 office deal in West LA
Newly Constructed Medical Office Building Fetches Nearly $11 Mil
8/05/10
Health Trust of America acquires 45k sf facility in San Luis Obispo
Diversified Crating & Packaging Acquires 34k sf Gardena Facility
8/05/10
Company plans 3rd Qtr 2010 relocation from Carson
Construction Underway on Affordable Housing Development in Big Bear Lake
8/05/10
42-unit project being developed by Urban Housing Communities
$25 Mil Purchase of Disneyland Courtyard by Marriott Part of Chesapeake’s Big Checkers Game
8/05/10
Annapolis, MD-based REIT concludes acquisition of two-property hotel portfolio from Tarsidia
Positive Outlook for San Diego Industrial and Office Markets
8/04/10
Second quarter numbers from Voit show increasing absorption and decreasing vacancy rates
Former Escondido Cadillac Dealership Sold for $4.8 Mil
8/04/10
Mexican restaurant leases 2.7k sf Mission Valley space
PSSI Leases 23k sf Near Van Nuys Airport
8/04/10
16k sf Pacoima building trades hands


11TH Annual High Desert Economic Summit Slated for September 17 in Victorville
8/03/10
Conference to feature Dr. Mark Schniepp, Larry Kosmont, Dr. Joh Husing and Brad Mitzelfelt
New 279k sf Children’s Acute Care Center in Kearny Mesa is Completed
8/03/10
$260 mil project was constructed by McCarthy Building Companies
Consumer Goods Company Leases 155k sf Santa Fe Springs Facility
8/03/10
Alticor/Access Business Group signs seven-year deal at Golden Springs Business Center
Pieces Coming Together After Mosaic Ground Breaking Event
8/02/10
AMCAL underway with 56-unit affordable housing project in LA’s Pico Union District
LA Office Market Continues to Struggle While Industrial Market Sees Some Gains
7/30/10
Mid-year review from Grubb & Ellis
Mercedes-Benz Renews Its Beverly Hills Showroom Space
7/29/10
Dealership inks deal for another 15 years at three-story building
Transportation Contracting Firm Leases 5.5-Acre South Bay Site
7/28/10
Property is owned by venture of Hager Pacific and SoCal Industrial Partners

Unusual SoCal Property Hits the Market
7/27/10
1.5 msf Santa Barbara County greenhouse/industrial property listed for sale
LAX Office Complex Inks Trio of 1st Half Leases Worth Over $30 Mil
7/26/10
UCLA, Expeditors and the Transportation Security Administration sign deals for over 180k sf at Airport Spectrum
$6.6 Mil Sale in City of Industrial Buildings
7/26/10
Hager Pacific Properties sells 81k sf facility to auto racing parts supplier
John Kerin Takes Over as President and CEO at Marcus & Millichap
7/26/10
Industry vet has been at the firm since 1981
SoCal Condos Sell Fast at Kennedy Wilson Auctions
7/23/10
Firm generates almost $20 mil from auctions for units at Rolling Hills Estates and Pasadena projects


Eurocar and Leabo Foods Sign SoCal Industrial Leases
7/23/10
Companies find new homes in Costa Mesa and Ontario
Biotech Firm Leases 23k sf Sorrento Mesa Facility
7/22/10
Pfenex signs 10-year deal at Roselle Technology Park
Prompt Signs Timely Relocation/Expansion Lease in Carson
7/22/10
Public warehousing company inks five-year deal for 118k sf facility
Security Properties Closes $22 Mil Apartment Buy in Downtown San Diego
7/21/10
Entrada trades for $128/unit
Ontario Office Deals Ring Up to Over $10 Mil
7/20/10
University of Phoenix and Defense Contract Management Agency ink deals at University Plaza
Target to Anchor New Power Center in San Luis Obispo
7/20/10
Discount retailer acquires 10-acre site at Prefumo Creek Commons shopping center
CA Home Sales Down While Median Price Up 10% from Prior Year
9/02/10
July figures suggest buyers were taking advantage of expiring tax incentives
The SoCal Industry Event Guide
8/26/10
Our Lineup of Organizations' Meetings, Shows, and Conferences for SoCal R.E. Pros


New RENTV Executive Report: Orange County Hot Transactions
8/19/10
Latest report provides closed office, industrial and retail deal comps from Orange County over the past 12 months
AIR Forms Young Professionals Advisory Group
8/02/10
Move is an effort by organization to stay connected with younger members
New RENTV Executive Report: South Bay Hot Transactions
7/28/10
12 months of sale and lease comps from LA’s South Bay region
New RENTV Executive Report: San Diego “Tenants in the Market”
7/22/10
Find out what companies are on the hunt for space throughout San Diego County
James Camp Named Executive Vice President at Greenlaw Partners
7/22/10
Industry pro will manage firm’s asset portfolio as well as other responsibilities
Mid-Year Survey Suggests Private Real Estate Investors Remain Cautious but Optimistic
7/19/10
Encouraging results from Lee & Associates’ national poll
Shibuya Named to CresaPartners Advisory Board
7/15/10
27-year industry veteran to offer input to corporate tenant representation firm
2nd Qtr 2010 Leasing Activity Review for San Diego
7/14/10
Brief update on region’s office, industrial and retail markets provided by CB Richard Ellis
New RENTV Executive Report: West Los Angeles Hot Transactions
5/19/10
Catch up on the last 12 months of deals from LA's Westside
Survey Finds Investment Activity Expected to Increase This Year
4/22/10
Findings from Jones Lang LaSalle’s 2010 Spring Cross-Sector Survey reveals that majority predict investment increase of up to 30%


Let the Commercial Real Estate Community Know the Latest News About Your Company!
4/08/10
RENTV Executive Subscribers can now have their own press releases posted at no additional charge
News and Tools for Real Estate Pros!
2/22/10
Count on Rentv.com for commercial real estate news and property information! You’re sure to value all of our news about office, industrial, retail, hotel and multifamily properties, sales, leases, developments, property management companies, financings and industry trends in California and the Western United States. Some of the important subjects we cover include asset sales, retail real estate, multifamily real estate, commercial real estate financing, commercial real estate jobs, real estate services.
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