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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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• Major Leasing Activity in North LA County
11/21/01
Despite all the doom and gloom, activity in the northern parts of LA County, namely Valencia, the San Fernando Valley and the Conejo Valley, is still strong. We have a few major leases to report below, and pros in the know te...
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• Infonet to Cast Its Net Across Grand Ave
11/20/01
The big news this week comes out of El Segundo, where it appears one of the five new empty developments in this South Bay town is about to be sold to a user. We had heard the rumors that Infonet was buying Opus West's 2171 E....
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• Structures on the Green Tees Off With $8 Mil Carlsbad Acquisition
11/19/01
We'll lead off this review of recent San Diego County sales activity in Carlsbad, where Structures on the Green LLC, a California limited liability company, acquired Carlsbad Crest Corporate Center, a 66k sf office/R&D projec...
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• Big Century City Sublease Deals Keep West LA Brokers Hopping
11/16/01
In West Los Angeles, pros from Julien J. Studley were involved in a couple of recent Century City sublease transactions, with a total value of over $30 mil. In one deal, Cook-Inlet Energy Supply has expanded their presence at...
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• November 16, 2001 - Web Address Manager Pays Dearly for Home Address
11/16/01
VeriSign, the world's largest manager of Web addresses, appears to feel an uncommonly strong attachment to its own address, the one in the real world, that is. A fondness beyond reason, some might argue, but nonetheless a dec...
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• Richmond's Redevelopment of Ford Plant Gets Recalled
11/15/01
Richmond's decade-long effort to redevelop the abandoned Ford Motor Assembly plant along the south shoreline appears to be falling apart. After two years of work, Cleveland's Forest City Enterprises withdrew from the project ...
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• 500k sf of Distribution Space Available at the Gateway to the World
11/14/01
For those of you who've driven to Vegas from LA, the big Heilig-Meyers furniture distribution facility, adjacent to the 15 Fwy in Hesperia, is a familiar sight. Well, don't expect to see the Heilig-Meyers sign for too much lo...
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• SCI Picks Up Two More Vegas Retail Centers
11/13/01
SCI Investments has just completed two more Las Vegas buys, at a total cost of $18.8 mil, giving them 10 Vegas property acquisitions in a little over a year. In one deal, the investment company paid $7 mil for four retail pad...
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• Montclair Gets a Carbo Boost
11/13/01
While many of the leases we report from the Inland Empire are for huge warehouse/distribution facilities, here's a trio of smaller deals from the region. The first transaction is in Montclair, where Carboline Company, a St. L...
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• Fountain Valley School District Leases From Jesus
11/12/01
We've got a handful of Orange County leases to review, starting in Fountain Valley, where the Fountain Valley School District has signed a 20-year ground lease for a 2.15-acre chunk of dirt at 17350 Mt. Hermann, just north of...
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• Hooray for Hollywood & Highland
11/09/01
By Allen Wolfsheimer
In true Hollywood fashion, today's grand opening ceremony for TrizecHahn's $615 mil Hollywood & Highland retail development included all of the pomp and circumstance one would expect from a production of...
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• South Bay UPS Facility Goes on the Fritz
11/08/01
No sooner than the ink had dried on TRW's big $30+ mil renewal deal for 155k sf at DivcoWest's Manhattan Beach Towers, which we reported last week, than we get word that they've signed another big lease a few blocks away, in ...
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• San Fernando Valley Diagnostic Firm's Quest Takes Them to Northridge
11/07/01
We travel through the San Fernando Valley and into Ventura County to check out some up-to-date and newsworthy happenings in those commercial real estate markets. Starting in the East Valley city of Burbank, The Bassett Famil...
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• November 7, 2001 - Pillsbury Winthrop Rolls Out the Dough
11/07/01
While a large number of powerhouse law firms are contracting, for the second time in recent weeks a large Bay Area law firm serving what would seem to be the least auspicious client base has committed itself to expansion. Bot...
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• Equity Ups their Equity in Maguire's Playa Vista Efforts
11/06/01
Rob Maguire just got a major boost in his efforts to close escrow on the remaining land at Playa Vista designated for construction of the project's 2.2 msf office campus, which will make up the commercial portion of the huge ...
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• Corporate Real Estate News and Notes From Equity Office, TrizecHahn and Others
11/05/01
There's been a lot of news of late from some of the big players in the real estate world. So, here's a rundown of news related to real estate corporations active in California over the past month.
We'll start with the saga o...
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• $19 Mil Irvine Buy Leads Orange County Sales Update
11/02/01
El Segundo-based Kilroy Realty continues to sell off properties, as we begin this review of recent sales activity in Orange County with news of the company's sale of Kilroy Technology Center, a 157.5k sf multi-building office...
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• November 1, 2001 - Livermore Ain't Chopped Liver No More
11/01/01
With an industrial vacancy rate of only 7%, Livermore remains one of the stronger markets in the San Francisco Bay Area, and a couple of recent deals suggest that the city is on target to keep the rate low.
In the larger of ...
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