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October 26, 2000 - Tishman Decides Not to Keep Their Helmut Jahn - - Sells Tower to Spieker 10/26/00 While some may feel that property value appreciation in this extended economic boom period has slowed down a bit, that hasn't seemed to put a dent in demand for Westside office buildings, thanks to escalating rents and lack o...
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Prime Manhattan Beach Retail Center Trades Hands 10/25/00 In a retail sale that's significant even for Los Angeles, the 424.1k sf Manhattan Village retail center, located at the southeast corner of Rosecrans Ave and Sepulveda Blvd in Manhattan Beach, was just purchased by Madison Ma...
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October 25, 2000 - Another San Francisco Building Speared 10/25/00 Less than two months ago, 150 Spear St in San Francisco sold to the San Ramon-based U.S. arm of Hong Kong's Golden Eagle, for $102.4 mil. Now its next-door neighbor has also sold. A joint venture between ING Realty Partners L...
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Investors Land in the San Fernando Valley 10/24/00 Madison Partners gets top line billing for this San Fernando Valley deal update with the firm's recent representation of GE Capital Realty Group in their $21 mil disposition of Warner Commerce Center, the eight-building, 190k...
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October 23, 2000 - FCC Gets Involved In Telecom Access Issue 10/23/00 The big controversial issue these days in the real estate industry is the one of access into office buildings by telecom companies, to provide broadband connectivity and services to the tenants. On one side are the building o...
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October 20, 2000 - Ten-Hut! San Bruno Base for Sale 10/20/00 Want to buy a military base? On Oct. 26, the U.S. General Services Administration will sell San Bruno's Navy Engineering Field Activity, West Naval Facilities Engineering Command property at a 2 p.m. public auction at the Air...
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Orange County Transaction Review 10/19/00 Orange County continues to crank out deal news, and despite all the OC news we've printed lately we're still backed up on emails, press releases and newspaper clippings from as far back as August. To try and leave no decent-s...
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San Francisco Rent and Sale Price Records 10/18/00 Want to know how anxious companies are to get into San Francisco? Anxious enough to pay a record $115 per square foot, it appears. That would certainly make us anxious, though in the sense of nervousness rather than eagerness...
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Westside Rocks 10/17/00 Are you waiting for all those new-economy companies in Santa Monica, Culver City and the Miracle Mile to go bust and free up space and depress rents here? It looks like you'll have to hold tight awhile before you can say “I t...
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Valley Variety 10/16/00 Out in Pasadena, Econnections back in August signed a five-year lease for 50k sf of office space at 75 N Fair Oaks Ave. The reported deal value was approximately $6.5 mil, or about $2.17/sf/mo, which will go into the coffers ...
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October 14, 2000 -- Trammell Crow Company Chief Steps Down 10/14/00 We take this unusual opportunity to report non-deal related news in this section -- and it's a brief but very important story. Dallas-based Trammell Crow Company, one of the nation's largest diversified commercial real estate...
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Spieker Drops Anchor in Marin, One Second St in SF Changes Coordinates 10/14/00 Spieker Properties acquired Drakes Landing, a 122k sf office property in San Rafael. The acquisition was part of a two-property deal totaling $159 mil that included purchase of the 735k sf Lincoln Center office complex in Por...
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Activity in San Fernando Valley Hasn't Peaked 10/13/00 This northwestern part of LA County has lots to offer due to its product type diversity, wide range of industries served, and size. Won't you join us in our little review of recent goings-on?
For starters, Steve McKenzie of ...
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Colliers Broker on the Ball in Hayward/Big Tech Firms Get Big News 10/12/00 Colliers International brokered the sale of the 16-acre, 214,172 sf Ball Metal Beverage Corp property at 2425 Whipple Rd in Hayward. WP Investments and Village Properties bought the property from Ball Metal for $9 mil. An exe...
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LA Fitness Gives San Diego Brokers a Workout 10/11/00 We'll start our San Diego lease update as we did with our sales coverage the other day, just south of the big city, in Chula Vista, and then move north. And it is here that Competition Parts Warehouse leased 81.3k sf of indus...
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OC Biz Parks is Big Biz 10/10/00 Leading the slate of these deals is the $41mil purchase of the 400.7k sf ($102/sf) Brookhollow Office Park, consisting of 24 low-rise buildings on 31.8 acres along the west side of the 55 Freeway at Warner Ave in Santa Ana. T...
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If You're Shopping For Deals, Check Out the Sales in San Diego 10/09/00 There's been a lot of activity in the SD region, so we're going to break up the news on all of these deals into several stories over the next week or so, if you don't mind. In this piece, we're going to review a number of ass...
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Bay Area Deals Continue at Steady Pace 10/06/00 Officers of Silicon Valley Bank are planning a long stay at the Marriott — 59 months, to be exact. They won't have to pay exorbitant daily room rates, however, for this is not a Marriott hotel but rather Lake Marriott Busines...
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Lennar Partners Feeling Good After Healthy $100 Mil Lease 10/05/00 In what is the first official deal at Lennar Partners' giant LNR Warner Center office complex, Woodland Hills-based Health Net has signed off on a 10-year, $100 mil deal for 288k sf ($2.89/sf/mo) in two new structures to be c...
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Downtown L.A. Coming Along Just Fine, Thank You 10/04/00 A number of LA's commercial real estate top guns discussed their views about the city's Downtown during a high-powered luncheon panel at yesterday's Commercial Property News Southern California Property Opportunities Conferen...
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