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Miracle Gro Plants Itself "Inland" 11/14/00 We've got news of a significant new development in the Inland Empire, along with recent sales of a couple of good-sized projects. Let's start in Temecula, way down at the southwestern edge of the region, where Kearny Real Es...
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CB Richard Ellis Receives $740 Mil Buyout Offer 11/13/00 CB Richard Ellis, the big LA-based commercial real estate services firm has just received an offer of $15.50/share, which values the company at $740 mil, from an investor group led by Blum Capital Partners. The group includes...
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November 13, 2000 - Investors Eye I-680 11/13/00 Dallas-based Lincoln Property Co just closed on its $55 mil purchase of One Concord Center in Concord from Canadian real estate giant TrizecHahn Corp. The sale was reported at the time of the offer, but what was not reported,...
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Vacancy Worries are Just Water Under the Ridge for Crown 11/10/00 We've got good news for tenants finding themselves frustrated with the lack of available new space in West Los Angeles. Crown Realty & Development, who's existing 330k sf Wateridge development is 98% leased, has just broken g...
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Another SoCal REIT Agrees on Dissolution 11/10/00 Pacific Gulf Properties, the Newport Beach-based REIT, is moving forward with continued sales of the company's properties, along with the disposition of the firm's remaining assets, leading to the eventual dissolution of the ...
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President Ewing? It's a Dunn Deal 11/09/00 Jim Ewing has been appointed President and COO of Charles Dunn Companies, bringing him back to the highly-regarded regional real estate services firm that had previously employed Ewing for 18 years. The announcement was made ...
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San Diego Businesses Get New Leases on Life 11/09/00 In this San Diego report we turn our attention to recent leases, as there have been a number of significant deals to tell you about from the last month or so. We'll start in Carlsbad, with Genesys Telecommunications Labs, wh...
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November 8, 2000 - Uptown Oakland Looking Up 11/08/00 In downtown Oakland's Uptown District, Marin County developer Tim Scherer along with Tom Coates, founder of Arroyo & Coates Investment Brokerage, a boutique real estate company in San Francisco, agreed to pay Kaiser Permanent...
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San Diego Deal Fest 11/07/00 Sure, Orange and LA County may get the really big transactions, but lately no market is as active for investment sales as San Diego. Since only about a month ago, we've got about a dozen sales of over $10 million to report. S...
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The Inland Empire Strikes Back 11/06/00 Demand for industrial property in the Inland Empire, where the market is being driven by rents as much as 50% below those in Los Angeles, Orange and San Diego Counties, continues at a voracious pace. Vacancy rates have droppe...
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South Bay Recap 11/04/00 Deals are closing in a fast and furious pace throughout the South Bay submarkets. Here's a rundown of transactions occurring within the past six weeks. Make sure you're sitting down before you read this because we've got quit...
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November 3, 2000 - Peninsula Pickup: CB Gets Third New-Project Assignment in San Mateo County 11/03/00 CB Richard Ellis brokers Tim Grant and James Lees seem to have a thing for projects in the development or construction phase. The team, which works out of the firm's Foster City offices, has the exclusive leasing contracts fo...
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Cushman & Wakefield and Colliers Seeley Expand Roster of Top Pros 11/02/00 The battle for top broker pros has been really heating up lately, and Cushman & Wakefield has certainly been one of the more active players in recruiting top dollar performers. The international real estate firm just announce...
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Equity Gets Newest Version of Microsoft Office 11/01/00 Since it made the front page of the San Francisco Chronicle, Microsoft Corp's lease for 41k sf at One Market in San Francisco will hardly come as news to most readers, but just in case you missed it there you now see it here....
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If You Build It They Will Come 10/31/00 Spec buildings are back in style, at least in the Tri-Cities area, as developers and brokers hope one success story will lead to another. Certainly, PacTen Partners' Glendale Plaza qualifies as a success story. PacTen, along...
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LA School District Provides Advanced Education Opportunity for Trammell Crow Team 10/30/00 We're going to start off our Downtown update with word of a major listing coup for the Trammell Crow team of Jonathan Larsen, Peter Best & Lisa St. John, who were awarded the representation assignment for Los Angeles Unified ...
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October 27, 2000 - Telco Calling for Bay Area Tenants 10/27/00 Pelio & Associates appears likely to be the first company to connect with a telecommunications facility in Silicon Valley, built entirely from the ground up (so expect the top part to be built last). Or so say Sutton Roley an...
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Irvine Office Tower Blowout - - Come on Down and Kick Some Tires 10/27/00 We've got quite a bit of news to report from Orange County, starting with a notable sale from a couple of weeks ago, that being Koll Development's disposition of their 178k sf Koll Center Irvine North Phase I. According to th...
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October 26, 2000 - Tishman Decides Not to Keep Their Helmut Jahn - - Sells Tower to Spieker 10/26/00 While some may feel that property value appreciation in this extended economic boom period has slowed down a bit, that hasn't seemed to put a dent in demand for Westside office buildings, thanks to escalating rents and lack o...
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Prime Manhattan Beach Retail Center Trades Hands 10/25/00 In a retail sale that's significant even for Los Angeles, the 424.1k sf Manhattan Village retail center, located at the southeast corner of Rosecrans Ave and Sepulveda Blvd in Manhattan Beach, was just purchased by Madison Ma...
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