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• Financing Notes
7/18/02
There are always a number of interesting financing deals to choose from for our financing column, and we've got a trio of unique transactions to share with you in our latest report. We'll begin in Hollywood, where a lot of ex...
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• July 17, 2002 - Half a Million More Square Feet to Become Available in Bay Area
7/17/02
Just what the Bay Area real estate industry doesn't need is another 700k sf of dumped space to deal with. Unfortunately, that's exactly what it got with the abrupt closing of Robertson Stephens Inc in San Francisco, a decisio...
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• Ontario Office Sale Towers Over Region
7/17/02
Although we typically report on major warehouse/distribution property deals when we cover the Inland Empire, the region has seen its second large office sale in just three months. In this latest transaction, Irvine-based CIP ...
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• Equity Office Properties News
7/16/02
Recent media sources abound with reports of big doings at Equity Office Properties Trust, the nation's largest office REIT. First off, there have been a slew of financial happenings in connection with the company's Cumulativ...
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• July 15, 2002 - Stony Point gets Past Rocky Situation
7/15/02
When Advanced TelCom Group (ATG), the largest tenant at Stony Point Business Park in Santa Rosa, filed for bankruptcy in May, it gave up 62.8k sf at 110 and 120 Stony Point Rd. Though landlord Simons & Brecht worried the soft...
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• Interbath Helps AMB Clean Up in the City of Industry
7/15/02
Although office market activity in the state has been sluggish in most areas, demand for industrial space in many parts of Southern California has remained fairly consistent. We've reported on a number of recent transactions ...
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• Watson Land Leases Two More Buildings at Carson Industrial Complex
7/12/02
Watson Land Company, one of the largest industrial developers in the LA Basin, has locked up leases for two more buildings at their Watson Industrial Center South, a master-planned business park in Carson, bordered by Wilming...
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• LA City Notes: Is MetLife's 333 South Hope Sold? Find Out Here!
7/12/02
We've got a couple of recent news items to report from areas on the outskirts of downtown LA. The first deal is an office lease in the Mid-Wilshire area, only a mile or so west of downtown, where the General Services Administ...
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• July 11, 2002 - Flooding the Market
7/11/02
A major mixed-use project has been proposed for downtown San Jose. San Jose Land Co, the real estate arm of the corporation that owns the San Jose Water Co, has filed an application with the city and its redevelopment agency ...
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• Pan Pacific Gets Square Deal in Tustin
7/10/02
Pan Pacific Properties, a NYSE-traded retail REIT, just completed a $28.5 mil acquisition of Larwin Square, a 210.9k sf ($135/sf) retail center located on 15 acres at the intersection of Newport Ave, First St and Centennial W...
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• July 10, 2002 - $90 Mil Gets Investor an Entire Village in the San Fernando Valley
7/10/02
There continues to be quite a bit of commercial real estate activity in the San Fernando Valley, especially the west Valley. Last week, we posted stories about major leasing activity in both the east and west ends of the Vall...
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• July 9, 2002 - Palm Shoots New Fronds
7/09/02
In the largest office/R&D lease action in Silicon Valley so far this year, Palm Inc subleased nearly 250k sf in two separate deals. The Santa Clara-based handheld computer manufacturer relieved Cisco Sytems Inc of 153.3k sf a...
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• $32 Mil Irvine Spectrum Lease a Chip Off the Ol' H&R Block
7/09/02
Option One Mortgage Corporation, a mortgage banking subsidiary of H&R Block, has inked a $32 mil lease for a nearly 250k sf expansion at Irvine Spectrum, in what stands as the largest office deal in Orange County so far this ...
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• Long Beach Investor Finds Good Opportunity on Saturn
7/08/02
Here's the scoop on a number of newsworthy sales form Orange County. Our first deal is in Anaheim, where Odetics Inc, a pioneer and leading supplier of enterprise content management and delivery solutions for the television, ...
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• July 5, 2002 - Absorbing the Truth
7/05/02
Though the 2nd quarter report from Grubb & Ellis says the San Francisco office market is showing signs the two-year slide may be coming to an end, the claim may be little more than wishful thinking. The fact is, virtually eve...
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• M. David Paul Ready to Rock and Roll after $120 Mil Warner Music Deal
7/04/02
Just a day or so after we reported on some major office leases in the San Fernando Valley, including Liberty Livewire's $40 mil transaction in Burbank, we've got news of two more large deals in Burbank. One of which is Warner...
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• Former Naval Hospital Receives Healthy Bids
7/02/02
The price jumped $4 mil in the final 11 minutes of bidding for the former Oak Knoll Naval Hospital site in the Oakland Hills, hitting $21 mil by official closing time on Thursday June 27. However, a so-called rollover process...
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• $40 Mil Burbank Deal is a Real Livewire
7/02/02
While many view the current leasing environment as being relatively quiet, there have been a few recent leases in the San Fernando Valley that would qualify as major in even the best of times. As an example, Liberty Livewire,...
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• "Advanced" Lease is in "Plain" Territory
7/01/02
We've got a trio of interesting transactions to report from beyond the western edge of the San Fernando Valley, as we head to Camarillo for our first deal. For those of you less enlightened about the nuances between the diffe...
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• Marie Callendar Cooks Up a New HQ Deal in Aliso Viejo
6/28/02
Marie Callendar Pie Shops, the 160-store family restaurant chain with the great cornbread and chicken pot pies, is moving to Aliso Viejo. The privately held company inked a seven-year lease for 17k sf of space at 27081 Aliso ...
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