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• Watson Portfolio Sale is Elementary for Colliers Team
3/28/06
A SoCal private investor has acquired a four-building office/R&D portfolio in Southern California, totaling 402.4k sf, from Watson Land Company, the big Carson-based real estate development firm. The office/R&D portfolio is 1...
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• Cruzan/Monroe to Market Final Units at East Village Office Condo Project
3/27/06
The final six units are about to be offered for sale at TR Office, downtown San Diego's first historic office condominium project. A development of Cruzan/Monroe, the property is located at 406 Ninth Ave, directly across fro...
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• Law Firms Make Case for Improving Office Market in Westlake Village
3/24/06
A number of law firms have recently inked deals for new office space within Westlake Village. Here's a quick look at four such deals, all of which were handled, at least in part, by the Ventura County office of CB Richard Ell...
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• First Two 1 msf Buildings Completed at Fontana Business Park
3/24/06
Construction has been completed on the first two buildings, totaling over 2 msf of space, in the 198-acre master-planned Sierra Business Park in Fontana, a joint venture of LNR Property Corporation and the Lewis Group of Comp...
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• Younan Hits High Water Mark at Arizona Tower
3/23/06
The Arizona Department of Water Resources (ADWR) has agreed to a four-year lease for 74.5k sf of space at Meridian Bank Tower, a 275k sf Class A office tower owned by LA-based Younan Properties in Phoenix, AZ. The deal repres...
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• The Koll Company Invests $9.3 Mil in a Rockfield
3/23/06
The Koll Company has acquired Rockfield Plaza, a two-story, 46.5k sf garden office building in Lake Forest, for $9.3 mil ($200/sf). The asset, which is situated on a 2.5-acre site at 23832 Rockfield Blvd, just east of the I-5...
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• Lowe to Play Mine Games in AZ
3/22/06
LA-based Lowe Enterprises has entered into exclusive negotiations with BHP Copper Inc, a subsidiary of BHP Billiton, to form a joint venture for the development of BHP Billiton's 19,600 acres northeast of Tucson, AZ. Lowe an...
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• Riverside Industrial Building Fetches $9 Mil
3/22/06
Here's a quick look at some recent activity in the Inland Empire, We'll start with a sale in the city of Riverside, where a private investor picked up a 77k sf industrial building for $8.97 mil ($116/sf). The asset is located...
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• Mitsubishi Tunes into 105k sf HQ Renewal in Irvine
3/21/06
Mitsubishi Digital Electronics America (MDEA) agreed to a four-year renewal for its 105k sf HQ space at 9351 Jeronimo Rd, at Alton Pkwy in Irvine. The four-year lease renewal, which commences in fall 2006, is said to be one o...
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• Guthrie Breaks Ground on New OC Industrial Project
3/21/06
Guthrie Development Company has a new industrial project underway, as the SoCal-based development firm just broke ground on Guthrie Orange Business Center, a 15-building 86.4k sf business park in Orange. The project offers s...
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• New Office Project Hits the Trail in Palm Springs
3/20/06
A new Class A office project is about to break ground in Palm Springs. Called the Gene Autry Trail Business Center, the 46k sf development is located across the street from the Palm Springs International Airport, at the north...
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• Bristol Group Puts 4.55 msf Industrial Portfolio on the Market
3/20/06
Bristol Group Inc, a San Francisco-based real estate investment and development company, has decided to put a huge 4.55 msf portfolio of Class A industrial properties in SoCal on the market. Most of the properties are locate...
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• Arrowhead Hits Bulls-Eye at Bressi Ranch
3/17/06
Arrowhead General Insurance Agency Inc, one of San Diego's largest private insurance companies, has signed a 12-year, $24 mil lease with an option to purchase a 95k sf ($1.75/sf/mo) build-to-suit project in Bressi Ranch, Carl...
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• Grubb & Ellis Team Stars in Latest Matrix Project
3/16/06
TCL LLC, a luggage manufacturer, has purchased a 92k sf industrial building in Torrance for $9 mil. The property, which is located at 2805 Columbia St, east of Crenshaw Blvd and north of Torrance Blvd, was sold by Torrance-ba...
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• Lennar Assembles A-Team for New Phase at Master-Planned Anaheim Development
3/16/06
Lennar Communities has acquired a land assemblage totaling 13.5 acres in the Anaheim Platinum Triangle. The newly acquired parcels, which will be part of Lennar's A-Town development, are located at the northeast corner of St...
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• Latest Episode of Bay-Watch has Sidley Austin Inking Big Expansion/Renewal Deal
3/15/06
Sidley Austin LLP, one of the world's largest law firms, has agreed to 15-year expansion/renewal lease for a total of 185.7k sf of office space at the Gas Company Tower, a Class A, 1.37 msf high-rise located at 555 W. Fifth S...
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• Commonwealth Expands by an Additional 53k sf in Oxnard
3/15/06
Commonwealth Inc signed two leases, totaling 53.5k sf of warehouse space, at 1950 Williams Dr in Oxnard. Commonwealth provides standard bulk and contract warehousing, distribution services, pick and pack jobs, order fulfillme...
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• Taskport Inks Deal for Full Floor at The Plaza in Huntington Beach
3/15/06
Taskport Inc, a software technology company, has inked a 63-month, $1.925 mil lease for the entire 15.2k sf ($2.01/sf/mo) 15th floor, along with a mezzanine fitness facility, at The Plaza, a 305k sf office tower/retail center...
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• Greyhawk Sailing Along
3/14/06
There's a lot of development activity going on these days in the eastern part of Carlsbad, along Palomar Airport Rd near Melrose Dr. Just a few days ago we reported that construction was underway at Concourse One at The Palom...
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• Lightfoot Puts Pedal to the Metal in Downtown LA Lease
3/14/06
Lightfoot Vandevelde Sadowsky and Levine LLP (LVSL), a leading west coast criminal defense firm, has signed a 12-year lease for 10.2k sf of office space on the fifth floor at the 800 Wilshire Building in downtown Los Angeles....
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