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• October 10, 2003 - Hard Driving Brokers
10/10/03
In one of the larger deals in Silicon Valley this year, GI Partners of Menlo Park bought a 183k sf manufacturing site from San Jose's Komag Inc, then signed an 8-year lease with hard disk drive manufacturer MMC Technology for...
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• Pivotal Deal for Downtown LA Office Market
10/09/03
It looks like we can soon move downtown LA's MCI Center into the sold category, as a Phoenix-based advisory group has agreed to pay around $125 mil ($122/sf) for the mixed-use complex at 700 S. Flower St. According to Real Es...
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• SoCal's Biggest Industry Networking Event Will be Here Soon
10/09/03
For most people across the country, October means the start of cooler fall weather, the second month of a still young football season, the World Series and Halloween. And for Southern California's commercial real estate pros ...
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• October 8, 2003 - Guess Again?
10/08/03
It's been said before and proven wrong each time, but San Francisco brokers once again are hoping the city's office market has entered recovery following three years of declining fortunes. Third-quarter reports from three bro...
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• Simi Valley's Growing Up
10/08/03
What's a SoCal town these days without a retail project which calls itself the Town Center? Whatever it is Simi Valley won't be one of them for long, since the City Council last Monday approved the long awaited $300 Simi Vall...
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• October 7, 2003 - Forty Million is The Going Rate For these Two OC Properties
10/07/03
The most recent Real Estate Alert had two reports of properties in OC that are both in the forty million dollar range. One of the properties has just been put on the block, while the other recently sold. Starting with the rec...
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• Upside Strikes Oil in Mid-Wilshire
10/07/03
Here's an update on a very newsworthy sale and re-development story that we first reported in considerable detail back in July, while the property, the landmark Getty Oil Building in LA's Korea Town/Mid-Wilshire area, was sti...
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• Chicago Area Teachers Like Their Mountain View
10/06/03
Tishman Speyer Properties agreed to let go of another of its Northern California office properties. Less than two months after selling two paired San Francisco highrises at a loss to avoid defaulting on its loan, the New York...
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• There's A Market For The Glendale Marketplace
10/06/03
Regent Properties and Tolkin Group, the original developers and owners of the Glendale Marketplace, have sold the 160k sf pedestrian-oriented urban entertainment center to local investor WH Glendale Marketplace, LLC for a pri...
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• Bay West Acquires Temecula Heights Corporate Center
10/06/03
Bay West Equities, a San Francisco-based private real estate investment firm, has acquired Temecula Heights Corporate Center, a 223.1k sf state-of-the-art property at 42301 Zevo Dr in the Riverside County community of Temecul...
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• Orange County Seller Gets Blinds-Sided in $2 Mil Deal
10/03/03
How does that saying go? A week without fresh-squeezed Orange County sales comps is like a day without sunshine. Anyways, here's a quick review of some recent bread-and-butter sales from behind the Orange Curtain. We'll lead ...
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• October 3, 2003 - Bayfair and Sunny
10/03/03
Bayfair Mall, a struggling shopping center adjacent to the Bay Fair BART station in San Leandro, sold to a Washington DC-based developer for $37 mil. The new owner, Madison Marquette, opened a new Main Street-style retail cen...
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• Combined Properties Finds Their HomeBase in Foothill Ranch
10/02/03
Combined Properties just closed on an Orange County retail buy, picking up a 104k sf former Homebase/House-2-Home building on an 11.2-acre site at the edge of Foothill Ranch. The property is located at the corner of Alton Pkw...
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• Barker Pacific Picks Up another Downtown LA Building
10/02/03
LA-based Barker Pacific Group has acquired a 148.7k sf office building at 626 Wilshire Blvd in downtown Los Angeles from AEW Realty Advisors, a funds advisory firm out of Boston. The 12-story property, built in 1966, is locat...
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• New Residential Tower Gets Green Light in NoHo Arts District
10/01/03
Redevelopment of the NoHo Arts District of North Hollywood got another boost last week, as the Los Angeles City Council gave JSM Construction approval to build an upscale 191-unit residential tower at the southwest corner of ...
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• October 1, 2003- Symantec and State Make Big West LA Land Buys
10/01/03
Symantec, the big computer programming company that years ago bought the Norton brand of computer virus and security products, this month concluded its multi-year analysis of its long-term LA real estate needs by purchasing a...
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• Milpitas Office Sale Rings Up $69 Mil
9/30/03
Here's a quick synopsis of a couple of recent Silicon Valley office buys, snagged from the pages of Real Estate Alert. The first sale was in Milpitas, where South Bay Development paid $69 mil for Montague Court Technology Par...
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• Shidler Group Opens $35 Mil Account at Washington Mutual
9/30/03
Another downtown San Diego office tower has traded hands, as The Shidler Group acquired the Washington Mutual Tower, an 18-story high-rise office building located at 707 Broadway in downtown's central business district. The b...
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• No Gray Area in this Davis Deal
9/29/03
A company owned by the one-time business partner of California Treasurer Phil Angelides bought a large tract east of Davis for eventual residential development. AKT Development Corp, headed by Sacramento developer Angelo Tsak...
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• Birtcher Cracks Open a Corona
9/26/03
Construction has begun on Corona Crossroads, a 41-acre, 768.5k sf master-planned business park located on Sherborn St, at Magnolia Ave in Corona. Developed by Birtcher Commercial Development Group, a division of the Birtcher ...
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