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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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• Oregon Makes $79 Mil Investment in San Diego
6/27/02
In what may be the largest San Diego County office sale so far this year, a partnership consisting of DRA Advisors, out of New York, and Landmark Asset Management Group wrapped up an eight-building purchase for a total cost r...
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• CB Pro Brokers $25 Mil Land Sale in Las Vegas
6/26/02
Although we haven't reported on activity from Las Vegas for some time now, a few of the pros in the Vegas office of CB Richard Ellis have been involved in a handful of recent large transactions that we thought you might be in...
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• New Tenants Start to Fill Up Basin Street Development
6/26/02
Basin Street Properties has landed two more tenants at the 194k sf Oak Valley Business Park in Santa Rosa. The new lease signatories are Fidelity National Home Warranty and Q Matrix Inc. The Petaluma-based developer has lease...
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• Hospitality Group Rescues the Alamo Building by SD International Airport
6/25/02
Investment activity in San Diego County has been continuing at a relatively consistent pace, and we've got a handful of recent examples to illustrate this point. We'll start near San Diego's Centre City area, as Pacifica Hosp...
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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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• Bay Area Computer Dump
6/24/02
Whether the Hewlett Packard/Compaq merger turns out to be beneficial for the two companies remains to be seen, but there's no question it will have a negative impact on the real estate market. Officials of the reconfigured co...
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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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• June 20, 2002 - Going Once, Going Twice, It's Leased!
6/20/02
Bay Area commercial real estate brokers may find the going getting even tougher. eBay Inc, the web's largest online auction site, has added office space to its list of biddable items. The company has teamed with Regus Busines...
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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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• June 18, 2002 - Buy-o-tech -- Montgomery Realty Selling SSF Project Site
6/18/02
Montgomery Realty Group Inc entered a preliminary binding agreement to sell its Eccles Project acreage in South San Francisco for $12 mil ($37/sf), payable in cash at closing. After an initial 90-day property review period, t...
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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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• Macerich Fells Giant Oaks in Conejo Valley
6/14/02
Following up on a major retail property that we mentioned was on the block a couple of months ago, it looks like Macerich Company, the Santa Monica-based retail REIT, has agreed to purchase The Oaks shopping center in Thousan...
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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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• Newmark to Make Mark in New Market
6/12/02
Fallout from the proposed but quashed merger between CB Richad Ellis and Grubb & Ellis continues in the Bay Area. Earlier we reported on the departure of several brokers from G&E's San Jose office to Insignia/ESG. Now, Ed Gra...
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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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• 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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• San Diego Investor Settles in at Maryland Hotel in Gaslamp Quarter
6/06/02
In downtown San Diego, a California limited liability company paid $7.76 mil for the Maryland Hotel, a six-story, 271-room ($28.6k/room) property at 630 F St, near the Gaslamp Quarter. The property, which was constructed in 1...
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