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• Equus Subleases 56k sf of Pomona Industrial Space
9/22/09
Equus Computer Systems Inc agreed to a 30-month sublease for 55.9k sf of industrial space in Pomona. The property, a Class A warehouse building located at 2805 Reservoir St, south of the 60 Fwy and east of the 71 Fwy, will s...
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• LA Industrial Property Fetches Over $5 Mil
9/22/09
A private investor paid $5.25 mil for a 96k sf ($55/sf) industrial property on the east side of downtown Los Angeles. The property is located at 840 Santee St, north of Olympic Blvd and midway between Alameda St and the 110 F...
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• Bellflower Strip Center Fetches over $200/sf
9/21/09
Alondra Plaza, a 9.2k sf strip center in Bellflower was acquired by a Los Angeles-based private investor for $1.97 mil ($214/sf). The multi-tenant property is located at 9345-9361 Alondra Blvd, on a 0.5-acre lot at the inter...
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• City of Los Angeles Looking to Expand “Historic” Building Designation to Also Regulate Interiors
9/18/09
The City of Los Angeles is looking to draft an ordinance that will give the city the power to expand its “historic” building designation to also be applied in some cases to building interiors. Here is a brief opinion on the d...
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• Deluxe Deal Keeps Burbank Office Building Fully Leased
9/17/09
In what we’ve been told is the largest office space renewal in Burbank so far this year, Deluxe Digital Studios signed a six-year renewal deal for 65.2k sf of space over two full floors at 2400 Empire Ave, southwest of I-5 an...
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• Santa Clarita Industrial Building Trades Hands in $10 Mil Sale
9/16/09
A 93.2k sf industrial warehouse/showroom building in Santa Clarita was purchased by Side Yard LLC for $9.87 mil, or about $106/sf, in what is said to be one of the largest industrial sales in the region so far this year. The ...
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• Dendreon Inks Deal for 184k sf Facility in LA’s South Bay
9/15/09
In news of a large lease transaction from LA’s South Bay region, Dendreon Corporation agreed to a 10-year deal for an entire 184k sf building located at 1700 Saturn Way in Seal Beach, within the Pacific Gateway Business Cente...
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• Law Firms Continue to Prefer Westwood Office Space
9/14/09
Here’s a look at three recent West LA office leases, which took place at two Westside properties owned by Equity Office Properties.
The largest of these recent deals happened at 10880 Wilshire Blvd, where the U.S. Governmen...
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• Second Street Ventures Signs Preferred Tenant for 47k sf
9/04/09
In Burbank, Preferred Media Inc signed a 10-year lease for 46.9k sf of office/R&D space on the ground floor at 2777 North Ontario, in what is said to be the largest new lease transaction so far this year in the city. The prop...
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• Brookfield Signs Five at Landmark Square
9/03/09
Recent leasing activity in downtown Long Beach included five transactions, totaling 65k sf, at Landmark Square, a 24-story, 443k sf high-rise owned by Brookfield Properties Corporation. Located at 111 W. Ocean Blvd, the build...
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• Huge $9 Mil Multifamily Buy in Downey
9/02/09
The Kensington Apartments, a 56-unit multifamily property located at 9150-9160 Florence Ave, southwest of the I-5 and a couple of blocks east of Lakewood Blvd in Downey, sold for $9.1 mil ($162.5k/unit). The transaction was a...
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• Whittier Religious Facility Trades in $2.5 Mil Deal
9/02/09
A religious facility in Whittier was purchased by La Iglesia Del Vivo Columna y Apoyo De La Verdad for $2.476 mil. The infill property sits on three acres at 12401-12405 Pellissier Rd, just west of the intersection of the 60 ...
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• McKenna Long & Aldridge Inks $30 Mil Lease for 62k sf in Downtown LA
9/01/09
In news of a significant law firm signing in downtown Los Angeles, the international firm McKenna Long & Aldridge LLP (MLA) inked a long-term lease for 62.4k sf of Class A space in One California Plaza, located at 300 South G...
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• Swiss Grill to Add Unique Flavor to Westfield’s Culver City Center
9/01/09
The latest new restaurant set to open in the recently remodeled Westfield Shopping Center in Culver City is Swiss Grill, which will feature traditional Swiss culinary fare like bratwurst, salads and a selection of savory and ...
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• Storm Properties Agrees to Deal for Room & Board
8/31/09
Home furnishings company Room & Board agreed to lease a 70k sf industrial property in the city of Torrance. The building, located at 1390 Storm Pkwy, north of Sepulveda Blvd and west of the 110 Fwy, is situated within Storm ...
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• Orthopedics Manufacturer Leases 41k sf Arcadia Facility
8/28/09
Orchid Anzon Orthopedics leased a 41k sf manufacturing/distribution building located in Arcadia after agreeing to a seven-year lease worth in excess of $2 mil ($0.58/sf/mo). The building is located at 11911 Clark St, south o...
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• Agoura Hills Shopping Center Puts On Its Best Ladyface
8/28/09
In a recent Agoura Hills retail lease, Ladyface Ale Companie agreed to a deal for 4.4k sf building within the Agoura Pointe Shopping Center at 29281 Agoura Rd, west of Kanan Rd and south of the 101 Fwy. The 10-year transactio...
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• 35 Units at Luxury Condo Project in Pasadena Auctioned Off in 1-1/2 Hours
8/27/09
Thirty five condo units offered for sale at a luxury condo project in Pasadena sold in just over 1-1/2 hours at a recent auction conducted by Kennedy Wilson Auction Group, a division of Beverly Hills-based Kennedy Wilson. Th...
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• West LA Office Building Sells for $307/sf
8/27/09
An 18.9k sf office building in West Los Angeles was purchased by a group of 1031 exchange buyers for $5.8 mil, or about $307/sf. The building, located at 2100 Sawtelle Blvd, a block north of Olympic Blvd and a block west of t...
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• Pasadena Office Campus Awarded LEEDR EB Gold Certification
8/26/09
Corporate Center Pasadena, a 630k sf Class A office campus in Pasadena, was awarded LEEDR EB (Leadership in Energy and Environmental Design for Existing Buildings) Gold certification. It is one of three multi-tenant office bu...
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