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• Samsung Lands on Park Place
8/12/02
In this report, we're going to give you a brief update on a number of recent leases from Orange County. To start, we'll go to the master-planned city of Irvine, to mention three deals, including Samsung Electro Mechanics' 78-...
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• Arden Makes $66 Mil Office Buy in Torrance
8/10/02
Investment activity in the South Bay seems to be heating up. Just a week or so after reporting a couple of major office sales in the region – Commercial Ventures' $28.5 mil buy of Andrex Point and The Abbey Company's $20 mil ...
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• Tishman Speyer Takes Great Protocare with Latest Renewal at MGM Plaza
8/09/02
A 13.2k sf office building in Marina del Rey was acquired by HIJD Family Trust for $2.25 mil ($170/sf). Located at 13470 Washington Blvd, near Lincoln Blvd, just a few blocks away from the new Rentv World HQ facility, the buy...
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• August 8, 2002 - European Investor Buys into S.F.
8/08/02
Fremont Properties, a subsidiary of San Francisco-based Fremont Group, has formed a new partnership to own and operate 199 Fremont, a 29-story office building it completed two years ago in San Francisco's South of Market dist...
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• Equity Just Says No to Revised Offer for Industrial Portfolio
8/07/02
Following up on a widely reported story from a few weeks ago, Equity Office Properties will not, as of today, be selling a portfolio of 22 industrial properties to AMB Properties, after the SF-based REIT requested that the ag...
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• College to Develop New Campus Where Sun don't Shine
8/07/02
Flush from the sale of its original Palo Alto headquarters to a Jewish nonprofit, Santa Clara-based Sun Microsystems has sold 81 undeveloped acres in Newark to another non-commercial enterprise, Ohlone College. The price was ...
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• Warner Corporate Center Lucks Out with Latest Deal
8/06/02
Although demand for office space in the San Fernando Valley remains weak, we do have a couple of recent transactions in the area from professional firms to report. However, like much of the current market activity, neither of...
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• Northrop Grumman Targets More Space in Rancho Bernardo
8/05/02
Northrop Grumman Systems Corp, the international aerospace and defense firm, in need of additional space for their Global Hawk reconnaissance system unit, inked a sizable lease in Rancho Bernardo. Northrop signed a $5.4 mil d...
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• TIG Inks another Commons-Place Deal for Bedford in Napa
8/05/02
In one of Napa County's largest commercial lease agreements for 2002, TIG Specialty Insurance Solutions has signed an 86-month lease for 21.3k sf at Bedford Property Investors' Carneros Commons development in Napa. Owned by T...
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• Thomas Properties Takes Round Two in Fight to Develop El Segundo Campus
8/02/02
In another setback to Kilroy Realty's attempt to block development of El Segundo Corporate Campus, Thomas Properties Group's planned 2.1 msf mixed-use project in El Segundo, a Superior Court Judge last week ruled against Kilr...
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• Commercial Ventures Cures Hyundai of Andrex
8/01/02
You've been hearing this same story from more and more office market reports of late – very few tenants shopping for space but a lot of investment activity. And nowhere is this more apparent than in the South Bay, where vacan...
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• NBC Division Says NBC-Ya-Later to Current Home and Hello Pinnacle
7/31/02
Although pros tell us that the short-term outlook for activity in Burbank remains rather dismal, with few new sizable tenants touring space, there have been a couple of recent entertainment industry deals to report, one of wh...
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• Watson Lands Two More Tenants in Carson
7/30/02
We've got more news from Watson Land Company, the big LA-based developer of master-planned industrial centers. Just a couple of days after letting you know about the company's acquisition of a 32-acre site in Ontario, for the...
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• July 30, 2002 - A
7/29/02
Looking to take advantage of today's low rents, Affymetrix Inc just signed a lease to more than double the size of its main campus in Santa Clara, but it doesn't plan on using the additional space till September 2004. The lea...
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• Kearny Mesa Building to House San Diego Workforce
7/29/02
Sammy Holding Company will be moving into NorthPointe Tech Center, after inking a seven-year, $5.2 mil lease for 47k sf ($1.32/sf/mo) of space at the three-building complex. Originally part of a 251.5k sf Hughes Electronics f...
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• UPS Delivers Logistics Subsidiary to New Rancho Cucamonga Facility
7/28/02
Watson Land Company, already one of the largest developers of master-planned industrial centers in the L.A. area, a few weeks ago paid $7.3 mil for a fully entitled 32-acre ($5.24/sf) site within Catellus Development's 588-ac...
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• Marcus & Millichap Report Proclaims Retail Investment Market is Strong
7/26/02
For those of you looking to get a better read on the retail market now that we've passed the year's mid-point, Marcus & Millichap Real Estate Investment Brokerage Company recently released its National Retail Research Report ...
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• Summit/Mack-Cali Selling Out Stadium in Anaheim
7/26/02
It's comp time for those of you keeping up on leasing activity in Orange County, as we run down a number of notable deals from the past few weeks. We'll begin with a juicy $7.2 mil government deal, as the Social Security Agen...
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• July 25, 2002 - Mission Launch for New 590k sf Government Project in SOMA
7/25/02
Local and federal officials were celebrating groundbreaking July 18 for a new $141 mil federal building at 7th and Mission streets in San Francisco, across from the 9th U.S. Circuit Court of Appeals. The 18-story, 590k sf bui...
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• J.C. Penney Holds Building Sale in Buena Park
7/25/02
In this report we turn our attention to recent sales activity in the northern Orange County cities of Anaheim, Santa Ana, Placentia, Buena Park and Huntington Beach. Our first deal is in Santa Ana, where an investment entity ...
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