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October 6, 2026
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• Tishman Speyer Closes $72 Mil Buy of Glendale City Center
2/10/04
Here's a follow-up to a big pending deal that we reported about a month ago, as Tishman Speyer Properties has wrapped up its acquisition of Glendale City Center, a 19-story, 388k sf Class A office building at 101 N. Brand Blv...
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• Westrust and Lowe Complete an Exchange of 6.8 Acres in Hawthorne
2/09/04
Westrust, the LA-based retail developer, recently acquired 6.8 acres of land in Hawthorne, on which they plan to build a new 66.5k sf retail center anchored by a 37k sf Magic Johnson 24-Hour Fitness Health Club. The site is ...
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• Opus West and Geoffrey H. Edmunds to Build Twin Towers in Irvine
2/06/04
In a move that will bring the popular trend of building new luxury high-rise residential towers in urban areas to the master-planned city of Irvine, a development partnership of Opus West Corp and Geoffrey H. Edmunds & Associ...
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• An Uncommon Deal at Gateway Commons
2/06/04
In one of the largest office deals in San Mateo County in the last few years, Genentech Inc agreed to a lease for 141.3k sf of space at Boston Properties' Gateway Commons complex in South San Francisco. According to the San F...
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• Financing Notes: Johnson Capital's $22 Mil Unlocks Steelcase Buy for Bedrosian's
2/05/04
Buchanan Capital Partners, a division of Buchanan Street Partners that invests equity and mezzanine debt for real estate, participated in the financing of Esprit Marina del Rey, a $150 mil luxury apartment development on the ...
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• New Investment Activity on New Montgomery
2/05/04
Investment activity for San Francisco's office market kicked off the new year on a good note, as a San Mateo-based buyer purchased 90 New Montgomery, a 15-story, 125k sf office building in the city's financial district. Accor...
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• Taubman Makes Major Purchase at the Beverly Center
2/04/04
A landmark Westside retail center is under complete ownership by a single entity, as Taubman Centers Inc, the Michigan-based retail REIT, acquired the 30% stake in the Beverly Center that it did not own. Per a news release fr...
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• Torrance Facility Gives a Lot of Medical Attention
2/04/04
A Newport Beach-based private investment group recently closed on a very noteworthy transaction in Torrance, having paid $14.7 mil for two medical office buildings with a combined 75.4k sf of space ($195/sf). The buyer was WR...
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• Sony Computer Entertainment Wins Big Leasing Game in Sorrento Mesa
2/03/04
Here's the scoop on a big expansion/renewal deal in Sorrento Mesa that's not yet been widely reported. Sony Computer Entertainment, which occupies about 108k sf at the San Diego Tech Centre, an eight-building complex at Scran...
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• Downtown LA's Historic Brockman Building to be Converted to Residential Units
2/03/04
Adding to the rapidly accelerating trend of redeveloping old downtown LA office buildings into mixed-use residential projects, a partnership comprised of Urban Pacific Builders LLC of Long Beach and West Millennium Homes Inc ...
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• Orange County Buyer Races to Redline
2/02/04
In our latest update on sales comps from Orange County, we've got four smaller deals to report from Brea, Costa Mesa and Irvine. The largest of the three was in Costa Mesa, as Nader Properties picked up a two-story, Class B o...
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• Big Westside Tenants Flow into Wateridge and Water Garden
1/30/04
There has been some major lease activity from LA's Westside to report. We'll start in Santa Monica, where Fremont General, the big insurance and lending entity, closed a lease at the end of 2003 for the entire 62k sf third fl...
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• Duesenberg Chugs into Woodland Hills
1/29/04
Duesenberg Investment recently closed on a substantial retail investment in the west San Fernando Valley, having paid $54.4 mil for Gateway Plaza, a 122k sf center on 7.88 acres at the corner of Topanga Canyon and Ventura Blv...
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• Hanover/Kennedy Wilson Partnership Spears Arrowhead Apartments
1/28/04
An affiliate of Hanover Financial Company acquired Arrowhead Apartments, a 168-unit complex in the Orange County city of Stanton, as part of an investment partnership. The buyer, KW Stanton LLC, a joint venture between Hanove...
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• Electrical Workers Acquire Trade St Building in San Diego
1/28/04
In Kearny Mesa, Maxwell Technologies sold an 86.6k sf office/industrial building at 8888 to 8992 Balboa Ave, east of the 163 Fwy at the north end of Montgomery Field. The buyer, Horizon Christian Fellowship, paid about $9 mil...
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• Financing Notes
1/27/04
In this latest financing notes column, we'll take a quick look at a very diverse groups of recent financing deals from around the state – we've got an apartment construction loan in Redlands, a hotel deal in San Diego's boomi...
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• Caruso Slips into the Marina
1/26/04
Santa Monica-based Caruso Affiliated Holdings has purchased Marina Waterside, a 10-acre retail center located on Lincoln Blvd between Mindanao Way and Fiji Way in Marina del Rey, from Carlyle Realty Holdings. The sale does n...
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• Jamison Trades Up to $53 Mil Downtown LA Purchase
1/26/04
Jamison Properties, the real estate investment firm led by Dr. David Lee, which owns a significant number of buildings in LA's Mid-Wilshire area, continues to aggressively pursue acquisitions in other sub-markets. The company...
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• January 23, 2004 - San Francisco Market Shows First Positive Absorption in Three Years
1/23/04
The San Francisco office market has turned a corner. Whether the turning leads to the promised land of lowered vacancies and rising rents or just another trip around the same blocks remains to be seen, but market analysts app...
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• Financing Notes: Burnham Guarantees $23 Mil Fresno Loan
1/22/04
Burnham Real Estate's Capital Markets Group has recently arranged financing deals of over $20 mil on separate properties in both ends of the state. In one of the transactions, Burnham put together two permanent loans, totalin...
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