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• Hard Rock Ready to Roll after Palm Springs Land Buy
2/26/07
Santa Ana-based O/M Indian Canyon LLC, an affiliate of Nexus Companies, has acquired a 1.8-acre parcel of land located at 700 E. Tahquitz Canyon Way in Palm Springs. This purchase represents the last parcel needed for the de...
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• Harsch Spends $21 Mil on Crivello Commerce Center in Carlsbad
2/26/07
Portland-based Harsch Investment Properties purchased Crivello Commerce Center, a 113.7k sf business campus in Carlsbad, consisting of a two-story office building and three R&D/industrial buildings. The asset, located on 7.4 ...
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• Pipe Manufacturer Acquires LAX-Area Office Property
2/23/07
J-M Manufacturing, one of the world's largest producers of plastic pipe has purchased a 325k sf office building at 5200 West Century Blvd, in the LAX area. The property, which is situated at the southwest corner of La Cienega...
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• Glendale Skyscraper Gets New Name
2/23/07
One of the tallest and most recognizable office towers in Glendale's financial district has been re-named, following a contest that yielded more than 100 entries from local commercial real estate brokers. The building, 500 No...
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• Major RE Companies Looking to Boost Their Equity
2/22/07
Although it's been barely a couple of weeks since Equity Office Properties (EOP), the giant Chicago-based REIT, was acquired by The Blackstone Group in a $39 bil (including debt) mega-deal, already a number of big players are...
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• Veralliance Closes $27 Mil SD Office Buy
2/22/07
Veralliance Properties closed on a big San Diego-area office buy, after paying $27.4 mil for a 131.9k sf ($208/sf) multi-tenant building in the City's Eastlake area, at the east end of Chula Vista. The two-story building, con...
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• Premier Tenant Renews at Watt Plaza
2/21/07
Premier Business Centers, one of the leading national operators of executive office centers in the US, has inked a five-year, $6.5 mil renewal for 38.2k sf ($2.84/sf/mo) of office space at 1875 Century Park East, one of two h...
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• Master Partnership Acquires Two SoCal Industrial Properties
2/21/07
Newport Beach-based Master Development Corporation (MDC) has acquired two industrial properties under its new MDC/GE joint venture formed by MDC and GE Asset Management (GEAM), the manager for General Electric Company's prima...
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• El Segundo Office/Indust Property Sells for $15 Mil
2/20/07
Newport Beach-based Realty Associates Advisors LLC has purchased a fully leased, two-building office/industrial project in El Segundo for $14.8 mil. The property, consisting of a 61.5k sf building and a 6.4k sf facility with ...
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• Jamison Picks Up Whittier Office Property
2/20/07
Jamison Properties, the LA-based office property owner with the voracious appetite for acquisitions, has acquired Whittier Center, a two-building, 143.3k sf asset located at 15141 and 15111 Whittier Blvd, just east of Colima ...
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• It's Just Mortgage
2/16/07
National wholesale mortgage lender Just Mortgage Inc has signed an $11 mil, eight-year lease for 50k sf ($2.29/sf/mo) of space at HavenPark, a $60 mil master-planned mixed use development now under construction in Rancho Cuca...
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• Praedium/ORION Venture Acquires Irvine Spectrum Asset
2/16/07
A venture of Praedium Group LLC and ORION Property Partners purchased the Irvine Spectrum Office Plaza, a 65k sf office building, for $15.1 mil ($232/sf). The three-story Class A office property, situated just off the 5 Fwy a...
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• Woodland Hills Office Asset Trades for $5.3 Mil
2/15/07
In a Woodland Hills office sale, a private trust acquired a 30k sf office building at 20720 Ventura Blvd, east of De Soto Ave, for $5.3 mil ($177/sf). The three-story multi-tenant building, known as Arbor Plaza, was purchased...
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• $25 Mil 400k sf Chino Lease is Nature's Best
2/15/07
In one of the largest Inland Empire leases, Nature's Best, a leading national wholesaler-distributor of health and natural products, inked a 10-year, $25 mil deal for 409.6k sf ($0.51/sf/mo) of space at Watson Commerce Center...
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• Rubbermaid Seals $15 Mil Lease for New Victorville Facility
2/15/07
Atlanta-based Newell Rubbermaid has leased a 407.6k sf build-to-suit facility at the Southern California Logistics Airport (SCLA), a master-planned 8,500-acre multimodal transportation hub supported by air, ground and rail co...
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• Broadreach Acquires Majority Stake in Aviara Resort Property
2/14/07
Broadreach Capital Partners has acquired a majority ownership of the Four Seasons Resort Aviara, a luxury resort property situated on roughly 200 acres of coastal land in Carlsbad, 35 miles north of San Diego. It was acquired...
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• Blame It on Rio in Oxnard Office Sale
2/14/07
Rio School District in the city of Oxnard has acquired a 31.6k sf office building for $6 mil ($190/sf). The facility, located at 2500 Vineyard Ave, will serve as the district's new headquarters. Rio School District, which cu...
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• Encinitas Office Condo Project Selling Fast
2/13/07
North Coast Business Park, a new office condo project along the coastal corridor in Encinitas, has already seen sales of over 27k sf of space in its first phase with the recent completion of 10 deals. Located just one quarte...
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• Jay Paul Rings Up $105 Mil Buy of Former National Cash Register HQ
2/13/07
An entity of San Francisco-based Jay Paul Company acquired The Summit at Rancho Bernardo, a 75.2-acre property with three high-end industrial buildings, totaling 500.8k sf of space, in San Diego's Rancho Bernardo area. The pr...
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• Pro Moves
2/13/07
Four of Cushman & Wakefield's top U.S. Investment Sales professionals have teamed up to lead the company's new Southern California Capital Markets Group. The company's goal is to consolidate the experience and knowledge of m...
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