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December 28, 2000 - Developers Compete for Bay Area Projects 12/28/00 Taking advantage of the current commercial real estate market, cities on all sides of San Francisco Bay have been proffering development opportunities for publicly owned or controlled properties. The level of activity has bee...
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Maguire Makes Loud Noise With Gas Company Tower Buy 12/27/00 We're going to lead off some recent Downtown LA transactions with more news from MaguirePartners, as they've agreed to buy out their partner in the nine-year-old, 1.29 msf class A Gas Company Tower, at 555 W. Fifth St between...
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December 26, 2000 - Breaking Free to Fremont 12/26/00 There's some debate in the San Francisco Bay Area whether to include Fremont and Newark, the southernmost cities in Alameda County, in Silicon Valley, since so many high-tech companies have shifted some or all of their operat...
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Developing News From Burbank 12/23/00 A couple of local developers are making a strong impact in Burbank, as one is just finishing up a significant mixed-use project in the city's downtown area, while the other developer is in the running for a new project that h...
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San Gabriel Valley Property Owners Get Pumped Up Over Recent Activity 12/22/00 We've got a few end-of-year deals to mention in the San Gabriel Valley, as we begin with two leases in the almost-former-home town of the Raiders, Irwindale. The first transaction is actually a sublease, as CCK Sports Foundat...
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December 20, 2000 - Competition For New Development Seems Unaffected By Recent Market Uncertainty 12/21/00 As anticipated here last week, the beleaguered NorthPoint Communications is preparing to relinquish large chunks of space. The telecom company reportedly has its 112k sf offices at 303 Second St in San Francisco up for explor...
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MaguirePartners With Equity in First Playa Vista Office Project 12/20/00 In what looks like the closest step yet to starting commercial development in the huge, controversial Playa Vista mixed-use development project, which covers 1,087 acres along the Ballona Wetlands area at the edge of Playa de...
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Mid-Size Low Cal Deals Galore 12/19/00 A preponderance of heavy leasing dominates recent real estate activity in San Diego, both in the office and industrial/technology markets. We'll begin with a fairly sizable deal, as Lightpoint Communications signed a lease fo...
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Inland Demand Ever So Grand 12/18/00 The Inland Empire is teeming with some major development activity of late, led by the pre-disposition and development agreement for the former Norton Air Force Base in San Bernardino, which comes after years of an adverse eco...
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December 15, 2000 - Sub Attacks San Francisco — Damage Uncertain 12/15/00 Is the Golden Gate of real estate opportunity closing in San Francisco? That's the question on a lot of minds since sublease space began showing up in big chunks for the first time since the early '90s. The demise or downsizi...
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Record Industrial Deal Stars in Orange County Update 12/14/00 Washington Mutual, the big Seattle-based banking institution with the really popular tellers, leads off our Orange County update with news of their lease for an additional 47.1k sf Irvine building, as they expand their region...
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Hines Not Slow to Catch Up in Competition for New Office Development 12/14/00 It looks like Hines Development is about to pay as much as $40 mil for a 16k sf piece of dirt, and could end up with a bargain at that. According to a recent SF Biz Times article, the big developer is about to buy the last f...
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December 13, 2000 - Developers Expand Borders of Silicon Valley 12/13/00 With space becoming increasingly difficult to find in the standard confines of Silicon Valley, some developers and tenants have shifted their attention to more outlying areas. A prime example is the 110-acre Madrone Business ...
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Newhall Land & Farming & Selling & Making Some News 12/13/00 Santa Clarita's large landowner, Newhall Land & Farming, has completed a number of sizable deals in the last month or so. We'll start with Newhall's $72.3 mil sale of about 400k sf of office buildings to CalSTRS (California ...
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Two More Real Estate Companies Looking at Offers to Buy Outstanding Stock 12/12/00 Only a few weeks after the announcement that CB Richard Ellis received a buy-out offer of $340 mil from an investor group that included top CB execs Ray Wirta and Brett White, two more publicly traded real estate companies, G...
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South Bay Festivities Continue 12/11/00 We've got a deal-fest in the South Bay, so we'll get right into it, starting with some leases. Our first deal must certainly qualify as one of the largest industrial deals in the South Bay in quite some time, as Overton Moore...
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December 9, 2000 - Dublin Benefiting From Silicon Valley Overflow 12/09/00 With the recent decision by Mountain View-based Sun Microsystems to negotiate for the purchase of 11.8 acres in Dublin Transit Center, Dublin officials must really feel they found a high-tech four-leaf clover. Three other top...
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Industrial Frenzy in Orange County 12/08/00 We've got a few more recent Orange County deals, mostly in Irvine, that didn't make our last update. We'll go over the leases first, beginning with Telmar Network Technology's 10-year, $7.7 mil deal for a 70.7k sf ($0.91/sf/m...
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San Francisco Leasing Activity Remains Strong for 4th Quarter 12/07/00 Gap Inc's same-store sales may have been heading downward, but its space needs are taking off in just the opposite direction. Only six months short of the completion of its new 540k sf headquarters along the Embarcadero in Sa...
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So Far, So Good in Way-SoCal 12/06/00 We've got an action-packed San Diego update for you once again, as we cruise all around the county to get you caught up with the latest deals. We'll start at the north end of the county, with a smallish office deal, at 2383 C...
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