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• Shidler and Fenton Swoop in on Mid-San Diego County Buys
2/05/03
The Shidler Group and H.G. Fenton Company, two firms that have been very active investors in San Diego County and that we've reported about on many occasions, have both recently wrapped up major acquisitions in the Miramar/Sc...
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• Forest Clears Out Canyon
2/04/03
Canyon Center Shopping Center, a 220k sf retail center at 19307-19435 Soledad Canyon Dr in Santa Clarita, was bought by an LA-based investment group for $18 mil ($82/sf). The property sits on 15 acres at the northwest corner ...
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• Pacifica Group Pays $19 Mil for Cornerstone of Commerce Office Market
2/04/03
Pacifica Real Estate Group, a Santa Barbara-based real estate investment/management firm, wrapped up a hefty buy in LA's Mid-Cities area, having paid $19 mil ($97.50/sf) for Commerce Plaza, a 195k sf suburban office campus in...
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• Legal, Government and Non-Profits Consume Space on the Westside
2/03/03
The signing of a ten-year lease at 1901 Avenue of the Stars in Century City is the culmination of a five-year search by a nationally recognized Los Angeles-based law firm and the featured story in this report of recent lease ...
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• February 3, 2003 - Changing History
2/03/03
Two Bay Area landmarks received provisional reprieves at the end of January. In San Francisco, an advisory committee recommended a proposal by a local team seeking to convert the historic U.S. Mint at 5th and Mission streets ...
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• Western Realco Big Boxes Go Real Fast
1/31/03
The Inland Empire has become known for its “big box” warehouse and distribution buildings and these tend to lease up fairly quickly, even on a spec basis. And in the city of Ontario, that's what Vance Mape, President of West...
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• January 31, 2003 - Investors Finding Attractive Opportunities in the San Francisco Buy Area
1/31/03
Two sales at less than $100/sf, one in Sonoma County and one in San Francisco, demonstrate the kind of opportunities available for both investors and users in today's Northern California market.
On the user side, NAK Enginee...
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• Irvine Office Building Adds the Union Label
1/30/03
Here's news of another significant Orange County office deal, from a couple of weeks ago, as Union Bank of California inked a seven-year, $14 mil lease for 64.7k sf ($2.58/sf/mo) within Irvine Center Towers. Located at 18300 ...
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• Quiksilver Rides Industrial Wave into another 200k sf in Huntington Beach
1/29/03
An industrial deal is the lead story in this account of recent Orange County leases, with the signing of surfwear and sportswear giant, Quiksilver Inc, to two five-year leases for more than 200k sf of industrial space in Sare...
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• Burbank's Media Center Area to Get Crowning Touch
1/28/03
It looks like investors' growing appetites for well-located retail developments, a trend that really accelerated in 2002, is going to continue well into 2003. In the latest news, Irvine-based Crown Realty & Development has re...
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• January 28, 2003 - On the Move
1/28/03
In good news for brokers but not necessarily for landlords, leasing activity appears to be picking up in San Francisco. The problem is that most deals consist of tenants moving from one location to another rather than the add...
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• Teachers Swept Up by Lowe Tide
1/27/03
A partnership made up of Lowe Enterprises and Teachers Insurance and Annuity Association (TIAA) has formed a new venture called Lowe Enterprises Investment Management LLC, which will take over the business operations of Lowe'...
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• January 24, 2003 - Thomas Fills Up at Arco
1/24/03
By Steve Bloom
sbloom@rentv.com
We heard the whispers last week at the LAHQ event Jim Thomas spoke at, that he was buying Arco Plaza, but we have to admit, we didn't have all the pieces written yet when we read the LA Times ...
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• January 23, 2003 - Big Breakthrough in Oakland
1/23/03
Taking 101k sf in a proposed project at 20th and San Pablo in downtown Oakland, the Alameda County General Services Agency has signed one of the largest Bay Area office leases in the past 18 months. The 30-year deal, which ha...
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• January 22, 2003 - Shoring Up Sacramento
1/22/03
Shorenstein Co LP, San Francisco's largest commercial landlord, extended its empire to Sacramento with the purchase of U.S. Bank Plaza, a 445k sf office tower in the state capitol's downtown. The company reportedly paid about...
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• Champion Underway with Gaslamp Square in Downtown San Diego
1/21/03
Here's an update on an exciting new $100 mil mixed-use development that will add considerably to San Diego's rapidly redeveloping downtown and will connect the city's happening Gaslamp Quarter with the new Ballpark district. ...
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• $45 Mil Clear Channel Lease a Strong Signal for Burbank Office Market
1/20/03
In a major transaction that RENTV had alluded to in our San Fernando Valley Hot Transactions report last July, San Antonio-based Clear Channel Communications Inc will be moving its eight Los Angeles-area radio stations into 9...
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• January 17, 2003 - Tenants Get the Point
1/17/03
Colliers International brokered two warehouse/distribution leases in Richmond's Pinole Point Business Park totaling nearly 100k sf. The deals include a 54k sf lease by Quebecor World Logistics Inc and 43.8k sf lease by Intern...
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• Equity Exits Inland Empire Office Market
1/16/03
Equity Office Properties, the nation's biggest office landlord, recently sold four Inland Empire office buildings, part of a whopping $180 mil of properties nationally, totaling 1.35 msf of space, that the Chicago-based REIT ...
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• Pan Pacific Purchases Pavilions Place
1/16/03
Pan Pacific Properties, the largest neighborhood shopping center REIT on the West Coast, added another SoCal center to its portfolio, having closed on a $40.2 mil buy of Pavilions Place, a supermarket-anchored community cente...
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