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October 10, 2024
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• Investors Continue to Bet on Las Vegas
10/31/01
It's been a while since we updated you on activity in Las Vegas, and a lot's been happening in this popular desert mecca, even if the city's tourism industry has taken a bit of a hit since the tragic events of September 11. W...
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• Forest City Goes For the Beach
10/30/01
Forest City Enterprises, the big Cleveland-based developer/owner, has bought a 50% interest in the Galleria at South Bay, a successful 1.1 msf regional shopping mall at Hawthorne and Artesia Blvds in Redondo Beach. According ...
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• Nothing Weird About this Science Park -- $71 Mil for La Jolla Complex
10/29/01
Investors and developers have not been shy about banking their dollars in San Diego real estate, as evidenced by the recent $70.8 mil acquisition of Torrey Pines Science Park, a 292.2k sf ($242/sf) office/R&D complex in La Jo...
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• TRW Inks Big Renewal Deal at DivcoWest's Manhattan Beach Towers
10/27/01
Following up on a story we first mentioned in early August, we just got word that TRW has finalized a new deal at DivcoWest's Manhattan Beach Towers. The giant aerospace company, which had been getting close to finishing out ...
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• October 26, 2001 - Lease is More
10/26/01
As we mentioned a couple of days ago in an article on Signature BioSciences' choosing to relocate its headquarters to San Francisco, the number of recent transactions has renewed hope that the SF market, if not in true turnar...
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• It's an Orange County Lease Jamboree in Irvine!
10/25/01
Since we covered a number of the latest Orange County sales the other day, here's a look at some recent leases from the region. We'll lead off with an office deal in Cypress, as Continental Graphics signed a 10-year, $11.4 mi...
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• 65k sf Lease a Signature Deal for San Francisco
10/24/01
A brief flurry of comparatively large leases - large for these times at any rate - has gone some way to rebuilding confidence in the San Francisco commercial market. Together, the half-dozen deals total barely 300k sf, but th...
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• Realco to Build Real Big Distribution Complex in Ontario
10/23/01
There have been a couple of major news pieces about big business parks in the Inland Empire to let you know about. In one, Newport Beach-based Western Realco, in conjunction with Time Square Real Estate Investors, has begun c...
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• Steady Demand for San Fernando Valley Industrial Properties
10/22/01
From an investment perspective, industrial property throughout the Los Angeles Basin continues to be one of the more attractive property types in the region. According to Lewis Horne, Senior Managing Director of the Los Angel...
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• October 19, 2001 - What, Me Worry?
10/19/01
Things will be great when you're downtown. Downtown San Jose, that is. At least so say several people interviewed for an article in the current issue of the San Jose Silicon Valley Business Journal. With an office vacancy rat...
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• RREEF Comes to a $67 Mil Crossroads in Orange County
10/18/01
While the latest major brokerage reports may point to a marked slowdown in the sale of industrial properties in Orange County, there certainly remains significant investor interest for the right opportunities. In recent news ...
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• San Diego Deal Notes
10/17/01
We've still got a number of recent deals from San Diego that we've yet to post, as we try to get you caught up on all of the activity in this climate-controlled SoCal county. We're going to zip through them with very concise ...
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• Prudential Buys Another $25 Mil Piece of the Rock in the San Fernando Valley
10/16/01
There's been some activity to report in Sylmar, at the north end of the San Fernando Valley, as Prudential Real Estate Investors has acquired three new buildings, totaling 367.3k sf, at Royal-Clark Development's Cascades Busi...
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• Invitrogen Invigorates Carlsbad Market
10/15/01
Leading off our latest coverage of San Diego leasing activity, Invitrogen Corp, a manufacturer and marketer of molecular biology tools, has signed a 10-year, $24 mil deal for 320k sf ($0.63/sf/mo) of R&D space in the Carlsbad...
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• October 12, 2001 - PG&E Rumored to Have Holdings on the Block
10/12/01
Pacific Gas & Electric Co has very quietly placed more than 100 Northern California properties on the block. At least, that's the rumor reported by San Francisco Chronicle business columnist David Lazarus. The bankrupt utilit...
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• $17.6 Mil Torrey Pines Sale Leads San Diego Deal Review
10/11/01
Leading off a review of recent sales in San Diego County, we'll go to Torrey Pines, where a private investment group has paid $17.6 mil for a 91k sf ($193.40/sf) property located at 3020 and 3030 Callan Rd, east of Torrey Pin...
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• October 10, 2001 - East Bay Developer Plunges Ahead With 475k sf Office Complex
10/10/01
Despite the rapidly cooling market, a few developers are forging ahead with new projects, hoping the situation will have improved by the time construction is complete. The largest of these is Sierra Pacific Properties' Metrop...
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• Overton Moore Casts Off From Port LA Distribution Center
10/08/01
Gardena-based Overton Moore Properties, one of LA's biggest developers of office/industrial business parks, has reportedly just sold the 1.9 msf Port Los Angeles Distribution Center, a warehouse/distribution center located on...
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• ProLogis Records 75k sf Lease With Video Cassette Company
10/05/01
Funai Corporation, the North American distributor of the world's largest volume manufacturer of VHS video-cassette recorders, signed a lease for 75.2k sf of new distribution space at 19900 Van Ness Ave, south of 190th St by t...
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• Regional Pros From CBRE, G&E and C&W Maintain the Deal Pace in the Inland Empire
10/04/01
There continues to be significant activity in the Inland Empire, not only for industrial buildings, but also for office properties. We've got a handful of newsworthy transactions to tell you about, as we begin with a couple o...
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