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• Local Real Estate Veteran Gets Lesson from L.A. School District
12/14/01
There have been a few major real estate stories around LA's Westside over the past month or so, dealing with some of the biggest or most controversial properties in the area, which we want to touch on here. We'll start over i...
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• Paul Hastings to Tower Over Other LA Law Firms
12/13/01
In what is reported to be the largest lease transaction in downtown Los Angeles
this year, the international law firm of Paul, Hastings, Janofsky & Walker has inked a 15-year renewal with Shuwa Investments Corp for 208.8k sf ...
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• December 12, 2001 - Catellus to Leave Mission Bay Spec Building Unfinished for Now
12/12/01
Catellus Development Corp has announced plans to halt construction on its 275k sf spec building at San Francisco's Mission Bay. Work will terminate at the end of the month with completion of the foundation and first-floor sla...
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• McMillin Sells Another at Parkway Center in Poway
12/11/01
We've got more recent San Diego County sales to report, starting in Poway, where McMillin Commercial sold another building at their Parkway Business Center, a late-model five-building light industrial/distribution complex loc...
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• North Orange County Sales Review
12/10/01
In this report, we're going to head to northern Orange County, where there's been continued investment activity in the $2 mil to $7 mil range for smaller office and industrial properties. We'll begin our review in Westminster...
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• Oxnard Lease is Solar-Powered
12/07/01
We've got a handful of meat and potato leases from in and around the San Fernando Valley to report, so let's start smack in the center of the Valley, where USA Wireless Technologies just signed a five-year, $3.7 mil deal for ...
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• Merrill Lynch to Give Back 100k sf in San Francisco
12/06/01
What San Francisco definitely doesn't need at the moment is more large blocks of space put up for sublease. But that's exactly what it got with the announcement by Merrill Lynch that the brokerage house is looking for subtena...
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• Countrywide Search Leads to Simi Valley
12/05/01
There have been a few significant sales in some of the areas around the northern and western edges of the Greater L.A. basin to report. We'll start in Simi Valley, where Countrywide Home Loans, the big national residential mo...
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• Mitchell Stokes the Leasing Fire in West LA
12/04/01
Although times have been a bit tougher for landlords on LA's Westside, there have been some more modest leases to report, a few of which we'll mention here. Mitchell Stokes, a broker at Brentwood-based Madison Partners gets c...
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• NewMark Merrill & Rubin Pachulski Team Up on Big Ventura County Retail Buy
12/03/01
NewMark Merrill Companies, LLC, the Tarzana-based firm headed by CEO Sandy Sigal and Prez David Frank, and Rubin Pachulski Properties, the West LA-based firm headed by Stuart Rubin, have teamed up to buy the 455.5k sf Janss M...
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• December 3, 2001 - Napa County May See Vacancies Under 10% by Year-End
12/03/01
With its relatively small industrial base and very small office base, Napa County is somewhat less subject to market vagaries than other parts of the Bay Area. Though 3rd-quarter office and industrial vacancy rates were rathe...
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• Summit Commercial Acquires 414k sf Koll Dublin Center
11/30/01
Summit Commercial Properties, the commercial real estate arm of Highridge Partners, an El Segundo-based real estate investment firm, has acquired Koll Dublin Corporate Center, a three-building office campus in the Bay Area ci...
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• Orange County Investor Pays $21.5 Mil for Northpointe Office Park
11/30/01
We'll lead off this Orange County sales review with a couple of office acquisitions, as a Newport Beach private investor has purchased Northpointe Office Park, a 138.6k sf office park located at 15621-15661 Red Hill Ave, just...
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• Guidant "Lite" Comes to Temecula
11/29/01
We'll lead off this review of recent lease comps from San Diego County with a deal just north of the county border, in Temecula, where Advanced Cardiovascular Systems, a wholly owned subsidiary of Indianapolis-based Guidant C...
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• November 28, 2001 - Marin Vacancy Rate in Steep Climb - Only 86k sf Leased in 3rd Quarter
11/28/01
Though Marin County is generally considered a realm of privilege, commercial property owners north of the Golden Gate may not be feeling especially privileged at the moment. According to Orion Partners Ltd, the addition of 22...
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• Carson is a Good Place to Sit ‘N Sleep
11/28/01
There have been a number of recent industrial leases in the South Bay to report, including a few more deals from logistics firms. We'll begin in Hawthorne, where Evergreen Aviation Ground Logistics Enterprises (EAGLE) has exp...
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• Hazard Center in San Diego's Mission Valley Goes for $71 Mil
11/27/01
In one of this year's largest office sales in San Diego County, a partnership made up of WCB Properties and Starwood Capital Group has paid $71 mil for Hazard Center, a 12-year-old 399k sf ($178/sf) mixed-use development in M...
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• Westcore Makes $18 Mil Grab of San Gabriel Valley Industrial Park
11/26/01
It's time to turn our attention to the San Gabriel Valley, where there have been a few noteworthy transactions of late. We'll start in the City of Industry, where Westcore Gale LLC has purchased Pacific Gulf Distribution Cent...
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• Marvell-ous Sublease in Sunnyvale a Positive Sign for the Region
11/23/01
Several large blocks of space in Silicon Valley have found tenants, but whether this heralds a promising end to a dismal year or just a bit of good news amongst the bad is difficult to tell at this point. As many brokers have...
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• Potrero Hill Developments Still Face Uphill Battle
11/21/01
One local developer has called a halt to a major project in a district many believed would be the next big growth area for the multimedia industry, but another has committed to forging ahead with a tech-oriented complex in th...
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