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• Denver Group Acquires 131k sf Facility in San Gabriel Valley
11/21/06
Alliance Commercial Partners, a Denver-based private investment company, has acquired a recently renovated 131.6k sf industrial building in the City of Industry. The building, located at 14955-14971 East Salt Lake Ave, west o...
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• Westcore Closes $194 Mil Colorado Portfolio Buy
11/21/06
San Diego-based Westcore Properties LLC has acquired a 19-building, 1.4 msf Colorado Class A and B office and flex portfolio – its largest purchase since inception and its first investment in the state of Colorado. Westcore ...
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• SoCal Pro Moves
11/20/06
Alan J. Ruben: Alan J. Ruben, Chief Financial Officer of the DRI Companies, one of the West's leading commercial and residential roofing contractors, was recently recognized at the 26th International Risk Management Institute...
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• Barker Pacific and Praedium Group Close $10 Mil West LA Office Buy
11/17/06
A joint venture of Barker Pacific Group and The Praedium Group has acquired a 38.6k sf office building at 8075 West Third St, at the corner of Third and Crescent Heights Blvd in West LA. The property, which is located within ...
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• Beacon Capital Entity Picks Up Six Hundred Wilshire in Downtown LA
11/17/06
An affiliate of Beacon Capital Partners LLC has acquired Six Hundred Wilshire, a three-building, 311k sf property situated at the intersection of Wilshire Blvd and Grand Ave in downtown Los Angeles. Comprised of a 16-story of...
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• Younan Closes Chicago High-Rise Buy
11/16/06
LA-based Younan Properties has closed on a large Chicago office buy that had been in the works for several months, as the company acquired 200 North LaSalle, a 630k sf Class A high-rise located in the heart of downtown Chicag...
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• New R&D/Flex Product at Carlsbad Raceway Nearing Completion
11/16/06
Irvine-based Opus West Corp is nearing completion on the R&D/Flex product of Phase I at Opus Point, the company's 45-acre development at the Carlsbad Raceway Business Park, located just north of the intersection of Melrose Dr...
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• Kearny Pays $39 Mil for Redlands Industrial Centre
11/16/06
Kearny Real Estate Company has acquired the Redlands Industrial Centre, a three-building, 585k sf industrial development located on San Bernardino and Almond Aves in Redlands. It was sold for $39.5 mil ($68/sf) by a joint ven...
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• National City Mixed-Use Project to Offer Small Commercial Condos
11/15/06
Harbor View, a new mixed-use development currently under construction in National City, offers seven ground-floor office/retail condo units ranging in size from 1.1k sf to 7k sf. Fronting East Eighth Ave and D Ave, Harbor Vie...
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• Fannie Mae Signs $25 Mil Expansion/Renewal Deal in Pasadena
11/15/06
Fannie Mae, the giant real estate lending agency, has inked a 10-year expansion/renewal lease for a total of 61.7k sf ($3.34/sf/mo) of office space at Plaza Las Fuentes, an eight-story office building at 135 N. Los Robles Ave...
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• Jamison Checks into Long Beach Medical Building
11/15/06
LA-based Jamison Properties has acquired a 150k sf medical office building at 2600 Redondo Ave in Long Beach for $30 mil ($200/sf). The property was 100% leased to three tenants at the time of the sale, including Long Beach M...
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• Turner Construction Builds $5.3 Mil Renewal Lease in Sorrento Mesa
11/14/06
JPI Development Services, a residential real estate firm, inked a seven-year, $4.5 mil lease for 16.6k sf ($3.23/sf/mo) of office space at Ocean Ridge at Carlsbad Ranch. With its planned move to Ocean Ridge in January 2007, J...
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• October Real Estate Man about Town
11/13/06
By Steve Bloom
It's amazing we can get any actual work done in October, with so many industry events to attend. And while you may have heard about several of them in the Event Section of the RENTV email newsletter, The Real ...
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• BH Properties Makes $12.5 Mil Utah Buy
11/13/06
LA-based BH Properties has acquired the 118k sf corporate offices of the SirsiDynix Corporation, located at 400 West Dynix Dr in Provo, Utah. Built in 1992, the Class “A,” four-level SirsiDynix corporate office building occu...
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• Voit Hoping that Goodyear Deal Leads to Many Good Years of Deals in AZ
11/10/06
SoCal-based Voit Development Company is looking at Arizona in a big way. Following on its recent sale of 293 acres in Goodyear, Voit plans to continue to be involved in large projects here and hopes to become one of Arizona's...
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• New 75k sf Carlsbad Office Building is Complete
11/10/06
The Allen Group has completed construction on Kelly Corporate Center IV, a 75.2k sf office building in Carlsbad. Approximately 41% percent of the $25 mil structure has been pre-leased to such tenants as Grubb & Ellis, Comeric...
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• Chatsworth Owner Signs Very Impress-ive Tenant
11/09/06
Impress Communications Inc has inked a five-year, $1.6 mil lease of a 30.7k sf ($0.87/sf/mo) industrial building at 9320 Lurline Ave, east of De Soto Ave between Nordhoff and Plummer Streets in Chatsworth. Impress, a large Sa...
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• Pro Moves: Johnson Capital Makes a Run for the Border
11/09/06
Johnson Capital, the OC-based real estate banking firm, is expanding internationally as part of its strategy to selectively enter high-growth emerging markets in key regions of the world. The company's first international eff...
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• Investors Bank on Banker's Hill
11/08/06
There have been a couple of recent sales in the Bankers Hill section of San Diego, one a land deal and the other an office sale. The Bankers Hills area is situated just north of downtown, between Balboa Park and San Diego Int...
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• Citicorp Center in Downtown LA Wins Three Awards from BOMA
11/08/06
The Citigroup Center tower, a 48-story, 891k sf skyscraper at 444 South Flower St in downtown Los Angeles, has won three highly honored awards recognizing its excellence in building management, operational efficiencies and im...
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