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• TA Associates Spends $5.8 Mil on a Four-Sher Deal in Otay Mesa
6/26/06
TA Associates has purchased Otay Crossings Business Park, a two-building, 64.7k sf industrial park located at 2340 Enrico Fermi Dr and 10025 Siempre Viva Rd, a short distance north of the US/Mexico border. The asset, which tr...
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• Pro Moves
6/23/06
Jonathan Gross: Jonathan Gross has been named Managing Shareholder at Gilchrist & Rutter. Gross will succeed Paul S. Rutter, who will become Executive Vice President for Major Transactions with Maguire Properties Inc, a long-...
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• Enterprise to Put Beams Up at $13 Mil Irvine Site
6/22/06
In Placentia, Western Mill Fabricators Inc, a company specializing in the construction, fabrication and installation of restaurant furniture and fixtures, purchased a 22.5k sf industrial building at 615 Fee Ana St, which will...
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• Birtcher to Develop New 426k sf Industrial Center in Riverside
6/22/06
Birtcher Development & Investments has acquired approximately 90.5 acres of raw land in Riverside for $9.6 mil. Located at the intersection of Mt. Vernon and Palmyra Avenues, Birtcher plans to develop a 426k sf, four-buildin...
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• Helf Investments Makes $31 Mil Sorrento Valley Office/R&D Property Buy
6/21/06
Helf Investments purchased Pacific Sorrento Technology Park, a three-building, 110.5k sf office/R&D park located at 10110-10150 Sorrento Valley Rd, just west of the intersection of Mira Mesa Blvd and I-805 in Sorrento Valley....
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• Financing Notes
6/21/06
LA-based Sonnenblick-Eichner Company has arranged $236 mil in construction financing for the Viceroy Anguilla Resort and Residences located on the Caribbean island of Anguilla in the British West Indies. The financing was ob...
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• SD Land Parcel Sells for $216/sf
6/21/06
A 57.3k sf land parcel in downtown San Diego fetched a price of $12.4 mil, or about $216/sf. The site is located at 701 16th St and 710 17th St, on a block bound by 16th, 17th, F and G Sts, south of San Diego City College on ...
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• Law Firm Takes 20k sf at Century City High-Rise
6/20/06
Here's a look at a couple of recent Westside deals, one an office lease and the other a land buy. In the lease, Klee, Tuchin, Bogdanoff & Stern LLP (KTBS), a national business reorganization and corporate insolvency boutique ...
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• Latest Rancho Cucamonga Industrial Park Sold Out by Completion
6/20/06
Low & Archibald Real Estate Group, a Newport Beach-based developer, has completed construction on Spectrum Business Park, a 230k sf industrial park in Rancho Cucamonga. The 13-acre project, which includes 17 buildings, was so...
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• Douglas Emmett to Go Public
6/19/06
It looks like REIT investors mourning the loss of such investment candidates as Arden Realty and Trizec Properties, since they are going private, now have some good news to get excited about, as LA-based Douglas Emmett Inc ha...
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• It's Playtime for Oxnard Industrial Owner
6/19/06
Playtime Enterprises, an Oxnard-based RV storage and service company, has signed a five-year, $3.3 mil lease for a 104.1k sf ($0.53/sf/mo) industrial building at 1400 Statham Pkwy in Oxnard. The building sits on 7.25 acres of...
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• Construction Completed at 1.6 msf Whittier Business Park
6/16/06
Construction has been completed on the final structure at Gateway Pointe Industrial Park, a 304.7k sf facility at 3931 Workman Mill Rd, at the corner of Mission Rd in Whittier. The 1.6 msf complex, owned and developed by the ...
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• Younan Collects $27.5 Mil from Sale of Phoenix Office Tower
6/16/06
Beverly, MA-based Brookwood Financial Partners has acquired Four Gateway, a 140k sf Class A office building located at 444 N. 44th St in the heart of the 44th St Corridor in Phoenix, AZ. The property was sold for $27.5 mil ($...
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• Los Angeles Center Studios Reelz in Pair of New Industry Tenants
6/15/06
Los Angeles Center Studios has inked a pair of long-term leases with two new tenants, ReelzChannel (RC) and Entertainment Industry Foundation (EIF), for a total of about 50k sf. Both spaces are currently being built out to th...
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• Autobytel Renews 60k sf Irvine HQ Space
6/14/06
There have been a number of notable recent lease signings throughout the OC, particularly Deloitte & Touche's renewal for 125k sf of office space in Costa Mesa. The big accounting firm agreed to another 12 years at Park Tower...
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• Construction Tops Out on DiamondView Tower
6/14/06
Construction on DiamondView Tower in downtown San Diego officially topped out last Friday with the placement of the final steel beam on the tower's top (15th) floor. The tower, a development of Cisterra Partners, is the only ...
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• San Diego Sales Review
6/13/06
In this report, we'll catch up on some recent sales comps from around San Diego County over the past month or so. We'll lead off in Sorrento Mesa, where Foster City-based Legacy Partners paid $32.75 mil for Wateridge Technolo...
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• Renovated Getty Villa is Open to the Public Again
6/12/06
The Getty Villa in Malibu has re-opened its doors to the public after nearly a decade of extensive renovation work. The property, which previously housed the original J. Paul Getty Museum, has been converted into an education...
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• Financing Notes
6/12/06
Wrightwood Capital: Wrightwood Capital has provided $12.1 mil to finance the acquisition and construction of Western Lampson Business Park, an industrial project in Garden Grove. There is currently a vacant 46k sf industrial ...
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• Younan Collects $50 Mil from Sale of Sepulveda Center
6/09/06
Newport Beach-based KBS Realty has purchased Sepulveda Center, a 12-story, 173.7k sf office building at 3415 Sepulveda Blvd, north of Palms Blvd and east of the 405 Fwy in West LA, for $50.5 mil ($291/sf). The Class A propert...
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