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• Commerce Business Park Sells for $136 Mil
2/05/01
There have been a few deals in LA's Mid-Cities area we should mention, starting with the sale of Commerce Business Park, at Slauson and Eastern Avenues in the City of Commerce, which was acquired by two different entities. Th...
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• Lots of Land Trades Hands in San Diego
2/05/01
Lots of real estate changed hands recently in San Diego County, primarily in the office and retail sectors, however, we'll lead off with three land deals worthy of recognition. The first of these was the $3.6 mil ($44/sf) pu...
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• February 2, 2001 - Don't Cry for Me, San Francisco — Downturn Has Its Positive Side
2/02/01
The downturn in San Francisco's office market, as evidenced by the recent report from Whitney Cressman Ltd, no doubt strikes fear into the heart of anyone who went through the real estate plunge of the late '80s and early '90...
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• What Slowdown? West LA Still the Place to Be
2/02/01
While there's been some concern by Westside office owners about a market slowdown, it looks like Arden Realty didn't have to worry too long about releasing the 100k sf space that Internet consulting firm iXL gave back only a ...
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• Pro Moves: LA Brokerage Vets Move to Insignia/ESG and TrizecHahn
2/02/01
New York-based Insignia/ESG continues with their expansion plans into California's top markets, as they've recently announced the opening of a new brokerage operation in the South Bay, to be led by veteran Cushman & Wakefield...
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• January 31, 2001 - San Francisco Facing Significant Downturn
2/01/01
Hold on to your stomach. The high-speed elevator that's been transporting San Francisco office occupancy levels and rents to record highs looks ready to plummet. Not to the basement, but enough floors down to make property ow...
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• Pacific Bell Call Center Rings In Latest Inland Empire Deals
1/31/01
In Riverside, an investment group known as Rustin Avenue Partners has picked up a 150k sf regional call center property located at 2805 Rustin Ave, north of Blaine St and east of Iowa Ave. The property, which sits on a 14.5-a...
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• Regency Realty Shopping Retail in Orange County
1/31/01
There have been some major happenings in Orange County of late, including the acquisition of the former Raytheon site in the city of Fullerton, by Florida-based Regency Realty Group, one of the country's leading shopping cent...
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• January 30, 2001 - Golden Price North of Golden Gate - San Rafael Building gets $265/sf
1/30/01
A San Mateo company paid a record $33.4 mil for 4040 Civic Center Dr., a 126k sf office building in San Rafael. According to the North Bay Business Journal, the $265/sf price is the highest rate ever achieved for an office bu...
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• San Gabriel Valley Leasing is Grand at Grand Ave Distribution Center
1/29/01
We'll lead off this latest San Gabriel Valley update with a bit of a mystery, as a 318.5k sf industrial building was leased by an undisclosed leading manufacturer and marketer of toys and related products for children. The u...
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• Shorenstein Steady on Course in Oakland
1/26/01
With the steel rising for its new Oakland City Center office tower, Shorenstein Co landed two office tenants for an existing building at the multi-block development and has two restaurant tenants on the line. The MMI Group In...
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• Watson Land and AMB Properties Enjoy South Bay Climate
1/25/01
We'll lead off this latest South Bay update in Hawthorne, where AMB Properties acquired the recently completed 127.8k sf LAX Cargo Center, located at 12530 South Prairie Avenue, north of El Segundo Blvd, for $11.5 mil ($90/sf...
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• New Deals to Start the New Year in West LA
1/24/01
Yup, there definitely is continued activity on the Westside, and we're going to run down a number of recent deals for you. We'll open with a recent sale in Century City, with the $14 mil buy of 1930 Century Park West, a 35-ye...
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• Non-Stop Activity From San Diego
1/24/01
Activity in San Diego City and County continues hot and heavy both in the sales and leasing arenas. First, we'll tell you about the groundbreaking of the 160.6k sf first phase of the planned 320k sf Scripps Ranch Technology ...
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• Trammell Crow Teams Facilitates Major Fontana Industrial Sale
1/23/01
PM Realty Advisors closed out the year 2000 with a big $23 mil acquisition of a 670k sf, two-property industrial portfolio in Fontana, which works out to about $34/sf. One of the structures, containing 254k sf, is located at ...
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• From Burbank to Thousand Oaks, Strong Outlook For New Developments
1/23/01
Beautiful Burbank is the site of our feature story in this San Fernando Valley review, as we report on the acquisition of a 103-acre site, formerly used by Lockheed Martin for airplane construction during WWII, for $160 mil (...
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• Majestic Realty on Display in Vegas
1/22/01
Majestic Runway Partners LLC, a subsidiary of City of Industry-based Majestic Realty, has begun construction of the two-building, 488k sf Phase I of their Sunset Parkway Business Center, an industrial development in West Las ...
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• Top Guns on the Move
1/22/01
In the last week or so we got word of a couple of LA's top industry pros in flux, one who's stepping away from a top position, while another is being bumped upstairs to the position of Partner. At Newhall Land & Farming, Chai...
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• Top Guns on the Move
1/22/01
In the last week or so we got word of a couple of LA's top industry pros in flux, one who's stepping away from a top position, while another is being bumped upstairs to the position of Partner. At Newhall Land & Farming, Chai...
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• January 20, 2001 - Mission Bay Impossible — Catellus Loses Second Tenant for Massive SF Development
1/21/01
It's been one of those good news/bad news periods for San Francisco's Catellus Development Corp. The inheritor of many hundreds of acres of former Southern Pacific railyards signed yet another major new tenant to its Pacific ...
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