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What Do the Water Garden, Playa Vista and The Tower Have in Common? 8/07/00 It looks like another trophy West L.A. property is about to change hands. According to the latest LABJ, CommonWealth Partners has agreed to purchase the Helmut Jahn penned, 207.3k sf Tower in Westwood, at 10940 Wilshire Blvd...
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August 4, 2000 - Tiffany Ups the Ante for East Bay Retail Rents 8/04/00 Retailers may be hawking their wedding rings to pay East Bay rents if a just-closed Tiffany & Co. deal sets a pattern. Word is, the gold-plated jeweler has agreed to pay $65/sf/yr — a.k.a. $5.40/sf/mo — for 9k sf in downtown...
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From a Few Development Acorns, Thousand Oaks Will Grow 8/03/00 Investment Development Services (IDS) is enjoying tremendous success with the monster $50 mil Conejo Spectrum industrial park, at the intersection of Rancho Conejo Blvd and Lawrence Dr in Thousand Oaks, that they've been buil...
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August 2, 2000 - San Francisco Gets 202,000-Square-Foot Surprise Package 8/02/00 With San Francisco's annual cap of 950k sf of new office space already met by May, the likelihood of another office tower being announced for this year was near zero. Near, but not quite zero, as it turns out. Higgins Develop...
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Burnham Does it Again 8/01/00 One year after Burnham Real Estate negotiated the huge $175 mil deal by Peregrine Systems for 420k sf in Del Mar Heights, the county's largest lease transaction ever, the big San Diego brokerage firm is responsible for what i...
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Technology Companies' "Quest" for Space Ends in Orange County 8/01/00 Leading off our latest rundown of recent Orange County transactions, we're going to mention some notable leases in the County by a few technology-oriented companies. Microsoft has renewed its 22k sf lease at Jamboree Center ...
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Even Better the Second Time Around 8/01/00 Arden Realty, Inc, the big Southern California REIT and developer of Howard Hughes Center in Culver City, just made some big personnel announcements. Andrew J. Sobel has returned to the company as Executive Vice President, wh...
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July 28, 2000 - Tri-Valley Tries Harder to Keep Rents Low 7/28/00 Of all the San Francisco Bay Area submarkets, the Tri-Valley region of southern Alameda County probably offers more opportunity than any other for office users looking for inexpensive space. Let's make that relatively inexpen...
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It's a New Age for a Legacy 7/27/00 Late breaking news direct from high atop the RENTV.COM World Tower -- Carson's big developer, Watson Land Company, has signed New Age Electronics to a second building at their Watson Corporate Center. New Age, distributors o...
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July 26, 2000 - North Coast Buyers Say Give Me Samoa 7/26/00 If Kim Basinger can do it, so can you. In the 1980's, the Oscar-winning actress bought a small town in Georgia -- the whole thing, lock, stock and barrel. Now you can go her one better and buy an oceanfront town in Northern C...
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July 25, 2000- Rundown of Recent Deals In San Diego 7/25/00 There's so much activity in San Diego we just couldn't squeeze everything in last week's story. Here's a brief review of some additional deals. On the sales side:
In Sorrento Valley, JBC Sorrento West LLC purchased the 162....
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The Wild Wild Westside 7/24/00 In Beverly Hills, Two Rodeo Drive, that psuedo-European, two-story retail complex on the NE corner of Wilshire and Rodeo, is in escrow and should sell shortly. The Alert reported the buyer is Strategic Real Estate Advisors, o...
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Conejo and San Fernando Valleys Getting Their Share of Major Deals 7/22/00 The Hileman Company, a Los Angeles-based real estate firm that has acted as development manager for Kearny's Pasadena Corporate Park and other significant recent projects, has just paid $16 mil to Realty Bancorp Equities for ...
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Don't Give Up on the Bay Area Yet 7/21/00 Whether you're a developer or a tenant, finding space in the San Francisco Bay Area today is a tricky proposition. Basically there are two routes to success: getting in ahead of the pack or ferreting out spaces or locations t...
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Groves of Orange County Deals 7/20/00 Activity in Orange County is still strong, despite the sudden rash of articles bashing the county as not being on the cutting edge of technology and Internet start-ups. We don't know, judging from all the space getting leased...
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San Diego Deal Parade 7/20/00 Don't you know, we turn our attention from San Diego for only a few days and BAM! -— we've got a zillion transactions to report. So let's get right into the deals, which were pulled from a combination of press releases we've...
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South Bay Happenings, from Boeing to Faithful Central 7/19/00 In February of this year, Boeing announced plans to redevelop 230 acres of surplus commercial airplane facilities, which were formerly used to build military aircraft starting in 1941, then commercial aircraft starting in the...
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July 18, 2000 ¡V Tech Businesses in San Mateo Want More than Cookie-Cutter Buildings 7/18/00 A San Francisco developer has cooked up a plan to convert a property on the San Francisco Peninsula from one kind of cookie distribution center to another. On June 27, The Martin Group closed on the purchase of the 51k sf Nab...
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You Don't Need Phil Collins for Genesis to Play in LA 7/18/00 Monday morning at the press conference for Genesis LA, the public-private partnership created to renovate underutilized industrial and retail sites in low to moderate income parts of the city, Los Angeles Mayor Richard Riorda...
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If You Build It, They Will Come 7/17/00 Our latest Inland Empire report takes us south to Temecula, by the San Diego County border, where Kearny Real Estate Company has spent $7.5 mil on a 55-acre parcel of land ($136,363/acre, in case you were wondering), as they ...
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