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September 29, 2000 - $33 Mil Sale in Santa Fe Springs 9/29/00 In what is thought to be one of the largest deals in L.A.'s Mid-Cities area, Lend Lease Real Estate Investments has purchased the 486.7k sf MC&C Commerce Center/Stage Road Properties, located at the northwest intersection of ...
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September 29, 2000 - Adobe Expanding Its Hacienda in San Jose 9/29/00 It's no doubt going to use glass and steel rather than clay and straw, but Adobe Systems revealed plans to build a third tower at its headquarters in downtown San Jose. The publishing and graphics software producer, the third...
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Continued Coverage of the Fabulous San Gabriel Valley 9/28/00 In Arcadia, KayeWestern Insurance signed off on a seven-year, $1.25 mil lease for 7.2k sf ($2.15/sf/mo FSG) of office space at Plaza 440, located at 440 East Huntington Drive, just west of the 210 entrance. Shannon Green was ...
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September 27, 2000 - Real Estate Role Reversal for Inktomi and Legacy Partners 9/27/00 In an interesting switch that has very positive implications for the Bay Area real estate industry in general, Legacy Partners has reached an agreement with Inktomi Corp to trade positions as landlord and tenant. According to...
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September 26, 2000 - San Gabriel Valley Activity Overheats Like a Firestone Tire on Interstate 15 9/26/00 It's been a few weeks since we scurried around the eastern LA County region known as the San Gabriel Valley, and there have been quite a few developments and transactions to report.
Starting with the most recent items and w...
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Law Firms Love Those Downtown L.A. Highrises 9/25/00 There has been quite a bit of recent lease activity in some of the big Class A towers downtown, much of it coming from law firms, which seem to find the area's close proximity to the city's municipal buildings, lower lease ra...
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September 22, 2000- Bay Area Deal Review 9/22/00 It's a jungle out there. Or at least a forest, and rather than compete with the wild dot.com for foraging ground, the more bear-like National Park Service has decided to move its western U.S. headquarters out of San Francisco...
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September 22, 2000- BOMA Awards L.A.'s Top Office Buildings 9/22/00 BOMA of Greater Los Angeles handed out their 15th Annual Building of the Year Awards this past Wednesday at the Regal Biltmore Hotel in Downtown L.A. The show was emceed by honorary Mayor of Hollywood Johnny Grant, who regal...
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San Francisco Buildings Reach $400/SF Threshold 9/21/00 It's not official, but according to the San Francisco Business Times, two San Francisco office towers from the 1980s boom have been tied up at rates in the $400/sf range. The weekly paper says San Mateo-based Interland Corp a...
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Heavy Deal Activity Continues in Orange County 9/20/00 Anaheim continues to see a steady volume of deals. We just received releases about the following two deals in the past few days: On Kraemer Blvd, Boston-based Hart Advisors has bought a 276k sf industrial property for $18 mil...
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September 19, 2000 - Dining Out — Dot.com In? Venerable SF Eatery on Block 9/19/00 After operating for 136 years, Jack's Restaurant in San Francisco is closing and the building is for sale. Though the Sept. 12 edition of the San Francisco Chronicle claimed the 6K sf historic structure at 615 Sacramento St h...
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Top Brass at Cushman & Wakefield Gets Polished Up 9/18/00 Cushman & Wakefield, the largest fully integrated real estate services firm in the world, has named long-time industry executive Bruce E. Mosler to the newly-created position of President of U.S. Operations. In a strategic mo...
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Want to Know What's Happening in Redlands? 9/15/00 Retailers at the 173.7k sf Redlands Mall, located at 100 W. Redlands Blvd, south of the I-10 by Orange St, will have to send their rent payments to a new owner, as a local investment group has recently acquired the shopping c...
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Viva Las Vegas! 9/14/00 There is a lot activity happening in Las Vegas, one of our favorite cities on the other side of the California border. So prior to posting our updated Vegas Development Site, which you can expect by next week, we thought we'...
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Just Your Typical $144/sf/yr Office Lease 9/13/00 Hey, Cisco! Hey, paunch-o! Cisco Systems appears to be growing fatter by the day. The same week the endlessly growing Internet infrastructure company entered formal negotiations with Alameda County to build a mil-square-foot ...
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Real Estate Has Its Peaks and Its San Fernando Valleys 9/12/00 There's been quite a bit of activity in the Tri-Cities area, so we're going to start off this report in Pasadena, where ATI Systems, the corporate name for Armored Transport, safely renewed and expanded their current lease, a...
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September 11, 2000 - Texans Pay Stiff Price for Northern California Flex Space 9/11/00 George Bush may be giving short shrift to California in his run for the Presidency, but other Texans are giving the state more attention. Dallas-based Xilinx, one of the nation's largest producers of programmable chips, has p...
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Pacifica Buys a Building While Shaw Sells One 9/08/00 Leading off today's Orange County activity update is The Pacifica Group's $38.2 mil purchase of a 229k sf ($166.81/sf) office property at 23422 Mill Creek Drive, west of Moulton Pkwy in the upscale Laguna Hills area. Robert ...
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September 7, 2000 - SF Firm Taking Its Marbles to Oakland 9/07/00 Shorenstein Co LP's gamble on a new building in downtown Oakland appears to be paying off. A 159k sf lease signed with Ask Jeeves in May was enough to get 555 City Center into construction. Now, the San Francisco developer's ...
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West LA Dealmakers Find The Zone 9/06/00 In this latest rundown of recent West L.A. leases, we'll start in the climate controlled seaside town of Santa Monica, where top executives at Four Media Company, who know a good thing when they see it, must have seen a prett...
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