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• Tri-Cities Leasing Update
9/28/01
We just got the word on some Tri-Cities leasing action to report, starting with a recent deal at 505 N. Brand Blvd, the 16-story, 312k sf office tower that CB Richard Ellis Strategic Partners purchased from Shuwa for $55 mil ...
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• Arden Teaches the University of Phoenix a Thing or Two About Leasing
9/27/01
In a rare Carson office buy, a private investment group based out of West LA has acquired a 127.9k sf building at One Civic Plaza Drive, near Carson St and the 405 Fwy. The property is 100% leased and sold for $13.9 mil ($109...
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• September 26, 2001 - Hayward Not Wayward
9/26/01
Against the odds, Hayward has managed to hold its own in the current falling market. Comparatively low rents ($0.75-$0.95/sf/mo for industrial space) undoubtedly has something to do with it. Companies are looking for ways to ...
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• SoCal Communities Can Look Forward to New Destination Retail Developments
9/25/01
Here's an update on two major SoCal retail projects, one a brand new development and the other a major renovation, still in the planning stages. In Glendale, Rick Caruso is getting ready to move ahead with development of the ...
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• Sportsmen Make Play For Santa Ana Building
9/25/01
In this Orange County update, we're going to cover a few recent sales in the region, starting in Santa Ana, where The House of Sportsmen purchased a 111.3k sf multi-tenant building at 2700 N. Main St, north of Memory Lane and...
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• SAFECO Leases 120k sf at Shea's New Vantis Project
9/24/01
In a major office lease just announced in Aliso Viejo, SAFECO, the Seattle-based Fortune 500 insurance company, has agreed to a 15-year lease for 120k sf of space in the first phase of Shea Properties new Vantis project. SAFE...
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• September 21, 2001 - Catellus Joins Forces With AEW in $295 Mil Mixed-Use Development at Mission Bay
9/21/01
Catellus Development Corp has signed an agreement that has the San Francisco company renting from itself. Well, actually it's not Catellus itself that is renting but rather a joint venture between the developer and AEW Capita...
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• San Diego Deal Review Covers the County
9/20/01
It's been a couple of weeks since our last San Diego report, so here's a review of some recent activity since then. We'll start with a sizable lease in Kearny Mesa, as San Diego/Imperial Counties Developmental Services signed...
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• Trillium Fetches $134 Millium
9/19/01
Another major SoCal office property was just sold, as Beacon Capital Partners has closed escrow on the 578k sf Trillium towers complex in the Warner Center area of the west San Fernando Valley. The development, located at 630...
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• Allianz Spends $29 Mil in Big Walmart Sale
9/18/01
Investors continue to show strong interest in well-located distribution properties, as evidenced by the recent sale of another 700k+ sf industrial facility in the Inland Empire. In this latest deal, Westport, CT-based Allianz...
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• Legacy and Whitehall Sell Second Westside Office Property in the Last Month
9/18/01
Legacy Partners has completed the sale of a second office property in the Playa Vista area over the last few weeks, as they just sold Marina Corporate Centre, a six-story, 88.2k sf building, to El Segundo-based Summit Commerc...
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• West LA Tenants on the Move
9/17/01
There has been some recent tenant activity on LA's Westside to let you know about, starting with First Union Securities' five-year deal for 11.4k sf at 1901 Avenue of the Stars. The 480k sf tower was purchased a couple of yea...
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• The Port Is Beginning To Taste Good To Oakland
9/15/01
Things are perking at the Port of Oakland. Earlier this month, the Port Commission selected a developer for a $500 mil project along the waterfront from Oak to Ninth streets and approved the sale of 2.6 acres in the Oakland B...
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• September 14, 2001 - CoStar Gets Cracking For The Cause
9/14/01
We print the following release we received from CoStar about the office supply demand situation in NYC ver batim:
In the first in-depth analysis of the Manhattan office market since the devastation of buildings in and around...
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• West LA Stories
9/14/01
There have been a number of interesting deals on LA's Westside over the last week or two for us to report, starting with a couple of notable sales. In one, the Peg Yorkin Trust purchased a 10.5k sf single-story office buildin...
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• In and Around the San Fernando Valley
9/13/01
It's been a little while since we've reported on the San Fernando Valley and areas beyond, so we'll begin this report out west, in the Conejo Valley, and then proceed into the San Fernando Valley and even up to Valencia, for ...
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• Sparkle at Emerald Glen Park Turns into a Twinkle
9/12/01
Less than a half year ago, the Alameda County Surplus Land Authority was celebrating its success in attracting several large tech companies to its Emerald Glen business park in Dublin. Sybase, Commerce One, Oracle, Cisco Syst...
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• CIP Makes $10 Mil Inland Empire Buy
9/10/01
Here's an update on a few recent sales from the Inland Empire, starting in Ontario, where CIP Real Estate purchased the 12-building Milliken Business Center, located at the corner of Milliken Ave and Lowell St. The 157.7k sf ...
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• Industrial Deals Keep Rolling Along in Orange County
9/07/01
Here's a rundown of a few recent deals in Orange County, starting with a fairly significant sale transaction, as L&B Realty Advisors, the big institutional owner out of Dallas Texas, last week acquired the two-building, 245.5...
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• September 7, 2001 - Investors Hope to Take Advantage of Bay Area Woes
9/07/01
Tenants are not the only ones to benefit from the current downturn. A small group of businesses and investors have also benefited as property prices drop in sync with declining rents. The group is small for the simple reason ...
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