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July 2, 2009
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SOUTHERN CALIFORNIA HEADLINES

 News

 Etc. Etc...
Local Developer Picks Up Laguna Beach Office Property
7/02/09
General Dynamics Advanced Information renews Anaheim office space

Ashley Furniture Purchases Two Buildings in the Inland Empire
7/02/09
Colton facilities contain 439k sf of space

TestEquity to Test Out 75k sf Moorpark Space for Seven Years
7/01/09
Electronic test equipment company signs NNN lease at Conejo Valley facility

Labor Law firm Takes 16k sf of Glendale Office Space
6/30/09
Ballard, Rosenberg, Golper & Savitt LLP relocates from Universal City

$19.3 Mil Sale Marks Pinnacle of Inland Empire Hotel Market
6/30/09
292-room Marriott Riverside sold by Sunstone Hotels

Douglas Gardner Resigns Exec VP Role at Maguire Properties
6/29/09
Will continue to advise firm and act as independent consultant

Audio Production Firm Inks Relocation Deal for Marina del Rey Building
6/26/09
740 Sound Design signs 10-year lease for 9k sf of creative space

Sperry Van Ness/Guardian to Hold Auction for Dozens of Distressed Properties
6/26/09
MarketMaker Western Regional Commercial Property Auction to be held July 30 at Hyatt Regency Century Plaza

Turner Development Closes Opportunity Fund
6/24/09
Funds to be used for acquisition of assets between $3 mil and $30 mil in CA, AZ and NV

Colliers International Expands Management Services Throughout SoCal
6/23/09
Offers property management in LA, Ventura and OC Counties as well as the Inland Empire


West LA Mixed-Use Property Sells for $7.4 Mil
6/23/09
38k sf former medical building to be redeveloped into boutique hotel

Johnson Capital’s Burkhalter Arranges $62 Mil in Financing on SoCal Properties
6/23/09
Deals include $52 mil for six industrial facilities and $10 mil on Santa Barbara apartment property

Industrial Users Look for Deals in Santa Fe Springs
6/22/09
Trucking company leases 47k sf property while investor picks up 7.2k sf building

Bacchus Sells Seven Buildings at Irvine Spectrum Development
6/22/09
Additional 46k sf of product has sold at Bacchus Signature Series in the last 30 days


Caterpillar Division Renews Lease at 110k sf Tijuana Facility
6/19/09
Turbo Technologia de Reparaciones signs five-year deal worth over $3 mil

FDIC Relinquishes Majority of WaMu’s 250k sf Lease at Quintana Campus in Irvine
6/18/09
Maguire and Macquarie expected to default on OC office property payment

Ascent Climbs into New Liberty Station Office Space
6/17/09
IntelliDOT takes 11k sf in Sorrento Mesa

Lowe Opens Terranea Resort on Former Marineland Site
6/17/09
$480 mil project one of largest LA County developments so far in 2009

Forming Specialties Acquires 40k sf Compton Facility
6/16/09
Sheet metal company has been a tenant in the building for 20 years

Newport Beach Real Estate Firm is Steadfast in Its Growth
6/15/09
J. Grayson Sanders and Aaron G. Cook to lead new Steadfast Capital Markets Group


University of California Regents Acquires 123k sf Medical Plaza in $43 Mil Deal
6/12/09
Office building sold by Held Properties

OC Investors Still Willing to Pay Top Dollar for the Right Property
6/12/09
Laguna Hills medical office building trades for $423/sf; Anaheim pre-school sells for $252/sf

HFF Arranges $22 Mil on Pair of San Diego Office Properties
6/11/09
Torrey Reserve North Court I and II contain 130k sf of space

New Apple Valley Corporate HQ Facility Listed for Sale
6/11/09
Headquarters for High Desert Federal Credit Union offered for $5.2 mil

Kearny Mesa Office Project Scheduled for Completion in November 2009
6/10/09
20k sf Aero Court offered for sale at $6.4 mil

Investor Gets Square Deal on Triangle Drive in City of Commerce
6/09/09
6099 Triangle Dr
University of Phoenix inks 30k sf renewal/expansion lease in Diamond Bar

eBioscience Corp Leases Torrey Pines Facility
6/09/09
Biotech firm signs long-term lease for 49k sf building

Barnhart Recruited by the Navy
6/08/09
San Diego-based contractor lands $23 mil assignment for new building and facilities upgrades

New 350k sf Tejon Ranch Distribution Facility has a Lot of Sole
6/08/09
Structure is West Coast distribution center for Famous Footwear

New Chino Hills Government Center is Completed
6/05/09
$72 mil multi-phase project was built by Barnhart Construction

Abbey Acquires City Parkway in Orange
6/05/09
Long Beach firm purchases three-building complex from Maguire Properties

Investors Spend $6 Mil on Scripps Ranch and Sorrento Mesa Properties
6/04/09
9235 Brown Deer Rd
Buildings sell for $156 to $182 per sf

Engineering Firm Takes 100k sf of North OC Warehouse Space
6/04/09
Company signs five-year deal in Anaheim Stadium industrial area

Maguire Properties Adds Gillfillan and Sullivan to Its Board
6/03/09
Move temporarily boosts Board to nine members

Scripps Ranch Industrial/Flex Building Sells for $156/sf
6/03/09
Law firm acquires three Mission Valley office condos

Transpacific Closes $73 Mil OC Office Buy
6/03/09
Acquires One and Three Premier Place in Irvine

Higgins Goes for the Gold in Burbank
6/02/09
New 363k sf spec office building under final review for LEEDR Gold certification

Deloitte Inks Long-Term Lease for 30k sf in Downtown San Diego
6/01/09
Consulting firm will relocate to Advanced Equities Plaza

Renovated Conejo Valley Medical Office Building is 80% Leased
5/29/09
Roughly 5k sf of space remains available at Westlake Medical Center

Barnhart Completes $9 Mil Poway Renovation Project
5/28/09
Rolling Hills Elementary School work began in June 2008

West LA Office Sale Rings Up at $44 Mil
5/28/09
PRP Real Estate Advisors/Cambra Realty venture acquires two buildings in Carthay Circle

Pacific Business Centers Opens New Location in Carlsbad
5/27/09
Executive suites company takes 18k sf of space at Ventana Real

OC Office Hunter Goes on Safari
5/27/09
48k sf Irvine campus is acquired by Edison Spectrum Partners

Patio Furniture Maker Takes 21k sf in City of Industry
5/26/09
Manufacturer signs first deal at new 72k sf industrial property

Carl Zeiss’ Vision for New Regional HQ is Achieved
5/26/09
Johnson & Jennings wraps up $2.2 mil TI work on 33k sf San Diego space

Thermo Fisher Scientific Inks Renewal for 100k sf of Sorrento
5/22/09
Five-year deal is worth over $4 mil


Recent Deals Bring The Aventine to 85% Leased
5/21/09
San Diego-area office building enjoys strong activity in 2009

AMB Inks 687k sf of 1st Qtr Leases in SoCal
5/21/09
Activity includes three renewals, totaling over 280k sf, in the City of Commerce

Marina del Rey Creative Office Building is Ground Zero for Ad Agency
5/21/09
Firm inks five-year renewal deal

McCarthy Begins Work on Major Kaiser Permanente Project in Fontana
5/20/09
New facility will replace existing hospital tower

Procopio, Cory Inks 8-Year Renewal/Expansion Deal in Carlsbad
5/18/09
Sol Salons goes Frazee over Mission Valley office space

The SoCal Industry Event Guide
6/29/09
Our Lineup of Organizations' Meetings, Shows, and Conferences for SoCal R.E. Pros

LA Apartment Market Still Relatively Healthy
6/08/09
Rents expected to see 2.6% drop by end of year


Draftsmen & Craftsmen
6/02/09
McCarthy begins work on new middle school for Palm Springs Unified

SoCal Retiree Starts Novel Program to Cheer Up Wounded Warriors
5/19/09
Bill Malone gets celebrities to give autographed souvenirs for injured U.S. military personnel

Draftsmen & Craftsmen
5/18/09
Oltmans introduces its High-Performance Building Program

Office Tenants Remain in Control in San Diego
4/28/09
Latest report from Cushman & Wakefield shows continued rent declines and rising vacancies

Medical Office Sector Remains Healthy in Ailing Economy
4/27/09
Latest industry update from Marcus & Millichap

CBRE Makes Fortune 500 for 2nd Straight Year
4/23/09
LA-based company is only commercial real estate services firm on the list

Creative Shared Space Users Swarming to theHIVE
4/22/09
New concept in shared office services allows users a variety of options and rentals on a daily basis

New Survey Illustrates Continued Caution on the Part of Real Estate Developers and Investors
4/14/09
Results of Jeffer, Mangels, Butler & Marmaro real estate and land use survey show developers and investors remain cautious, but prepare for the future

SOCAL PRO MOVES: The Latest Moves, Promotions and Accolades for Real Estate Professionals
4/13/09
The most recent Pro Moves added to this column include: Kathy Briscoe, Lani Kaneshiro, Paul Kelsey, Laura Khouri, Steve Relth, Mark Larson, Edward Indvik, Steve Rogers, Craig Cahow, Brad Mahoney, Brad Mullner, Greg Lyon, Augie Napolitano, Mark J. Hazan, Douglas Marshall, Matthew Terry, John Carver, Charles Oltman, Susan Harris, and Steve McClurkin


New RENTV Executive Report: South Bay Hot Transactions
3/19/09
Latest report provides closed office, industrial and retail deal comps from LA’s South Bay region over the past 12 months

News and Tools for Real Estate Pros!
1/06/09
Count on the new 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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