|
Statewide Financing Notes 11/20/03 WOODLAND HILLS: Buchanan Street Partners arranged $4.7 mil in permanent financing for two retail buildings containing 27k sf in the heart of Warner Center, the master planned mixed-use complex in Woodland Hills. The financin...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Advanced Negotiations Lead to $20 Mil Apartment Sale in Yorba Linda 11/19/03 Rick Julian of Lake Forest-based Advanced Real Estate Services paid $20.5 mil for Yorba Linda Pines, a 120-unit ($170.8k/unit) apartment complex at 18700 Yorba Linda Blvd, east of Lakeview Ave in Yorba Linda. The project was ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Investment Group Pays $22 Mil for B of A Building in Beverly Hills 11/19/03 The 87.6k sf Bank of America Building at 9440 Santa Monica Blvd in Beverly Hills' famed Golden Triangle has been sold by Douglas Emmett & Company for $21.9 mil ($250/sf), to IRP Beverly Hills Associates, a limited liability c...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Northrop Grumman Jumps Off De-Fense and Signs $100 Mil Renewal/Expansion Lease 11/18/03 Northrop Grumman Corporation has signed a renewal/expansion lease at their existing Century City HQ offices that ranks as one of the largest leases in West Los Angeles in the past year. The global aerospace and defense firm i...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
J.H. Snyder Offering His Assets for Sale in West Hollywood 11/17/03 A pair of very notable LA-area retail centers, one of which is still under construction, has been put on the market, with Secured Capital having been awarded both listing assignments. In Manhattan Beach, Madison Marquette is ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
November 14, 2003 - Marvell-ous Buy 11/14/03 Shortly after leasing one of six empty buildings at its Santa Clara campus to Magma Design Automation, networking company 3Com Corp sold the entire property to Marvell Technology Group Ltd for $63.9 mil. The Sunnyvale-based d...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Fenton Pays $15 Mil for Carlsbad Corporate Center 11/13/03 San Diego-based H.G. Fenton Company wrapped up another local investment after paying $15.3 mil for Carlsbad Corporate Center, a two-building, 150.7k sf ($101.50/sf) industrial complex in Carlsbad, along with an adjacent 8.27-...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Financing Notes 11/13/03 Interest rates may have edged up a bit over the past couple of months or so, but many borrowers are taking advantage of what still must be considered historically low rates. Here's a review of a few recent SoCal commercial de...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
November 12, 2003 - Bargain Basement in the Sky 11/12/03 The biggest office building sale in several years reportedly closed at the end of October. Sources told the San Francisco Business Times that a joint venture of Palo Alto-based Divco West Properties and San Francisco-based RR...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Who Will Make Grand Avenue Grand? 11/12/03 It's now beginning!! Hot off the momentum of the opening of the Walt Disney Concert Hall, the Los Angeles Grand Avenue Authority, established through a joint powers agreement between the Community Redevelopment Agency of the ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Comerica Makes a Long-Term Investment at The Atrium 11/11/03 In a very positive sign for the office market in El Segundo, Comerica Bank inked a long-term lease for 64k sf at Continental Development Corp's most recent office project, The Atrium at Continental Park. The classy 290k sf de...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
November 10, 2003 - Principal Life Plunks Down $100 Mil in Hazard Pay 11/10/03 In a major San Diego sale from a couple of weeks ago, an investment group affiliated with Principal Life Insurance paid $100 mil for Hazard Center, a 404.5k sf ($247/sf) mixed-use complex at 7510-7676 Hazard Center Dr in Miss...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
BentleyForbes Spends a Lot of Green with Evergreen 11/07/03 LA-based BentleyForbes has closed what is reported to be the largest suburban office acquisition in the Sacramento area, after paying $134 mil for a portfolio of eight office properties from The Evergreen Company. Totaling ro...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Equity's Modern Plans Call for Disposition of Vintage Park 11/06/03 Equity Office Properties, the nation's biggest office landlord, continues to tweak their portfolio, as they recently sold off a number of assets that included 16 buildings in the Bay Area's Foster City. The total disposition ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Major Retail Owners Plan Major SoCal Mall Renovations 11/06/03 Westfield America, the national shopping center REIT, has announced that they're going to spend $85 mil on a major renovation of their Shoppingtown Century City complex, the successful 30-year-old outdoor mall located at the ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
The Alhambra Gets a New Tenet and Sypris to Grow in San Dimas 11/05/03 In what is being reported as the largest office lease in the San Gabriel Valley so far this year, Tenet Healthcare Corp has inked an expansion/renewal deal that brings their total space up to 91k sf at The Alhambra, the 900k ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Sacramento Industrial Portfolio Sells for $40 Mil 11/05/03 Here's news about one of the largest industrial sales in Sacramento history, as FJM Investment, a private investment entity, paid $40 mil for a portfolio of 19 light industrial and warehouse buildings containing a total of 92...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Watt Teams with Centro to Grab M&H Portfolio 11/04/03 Last week Watt Commercial Properties, based in Santa Monica, announced that it teamed with Australia-based Centro Properties Group to acquire 14 California shopping centers, totaling more than 3.1 msf and valued at $488 mil (...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Juices Flowing In Mid-Size OC Leasing Market 11/04/03 Below you'll find a batch of recent Orange County leases for office space in the 10k to 30k sf range, mainly in the two OC CBDs of Irvine and Anaheim. Not huge deals, as compared to some of the mega deals the county has seen ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Another Pair of Downtown LA Office Properties Hit the Market 11/03/03 Here's a heads up on another couple of downtown LA office buildings being shopped around, with both news items having been grabbed from the most recent edition of Real Estate Alert. One of the properties is Mani Brothers' Fig...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|