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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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• March 13, 2006 - Pro Moves
3/13/06
Marie Taylor/Chalvis Evans: Sperry Van Ness has hired Marie Taylor and Chalvis Evans as Senior Advisors, out of the company's Pasadena office. The addition of Taylor and Evans is part of the company's national expansion progr...
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• Glendale High-Rise Trades for $140 Mil
3/13/06
ING Clarion, the NY-based real estate investment advisory firm, has closed on a major Glendale office buy, after paying roughly $140 mil for 500 N. Brand, a 419k sf ($334/sf) high-rise in the heart of the city's financial dis...
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• South Bay Auto Dealership Sells for $27 Mil
3/10/06
A private investor has acquired a newly developed 88k sf Class A auto dealership in the South Bay community of Carson for $27 mil ($307/sf). The property, which is located at 1505 East 223rd St, off Wilmington Ave and the 405...
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• Sares*Regis Spends $8.5 Mil on Development Site in Irvine Business Complex
3/10/06
OC-based Sares*Regis Group has acquired a 2.1-acre site in the Irvine Business Complex (IBC) for $8.5 mil ($93/sf). The site includes a vacant industrial building at 2500 Main St, north of the 405 Fwy between MacArthur Blvd a...
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• Victoria Gardens Adds Two New Office Tenants
3/09/06
Two new tenants have signed leases for a combined 21k sf of office space at Victoria Gardens, the fantastic new open-air regional shopping center in Rancho Cucamonga that includes 40k sf of office space over some of the retai...
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• Thibiant Feels Smooth with 72k sf Space in Chatsworth
3/09/06
Thibiant International Inc, a manufacturer of skin and hair care products, recently agreed to a five-year, $2.6 mil lease for 71.9k sf ($0.60/sf/mo) of industrial space in Chatsworth. The space is part of a 583.6k sf facilit...
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• Sellers Say Good Knight to Recent Inland Empire Dispositions
3/08/06
Three recent Inland Empire sales, two building sales and one land deal, generated a combined $7.9 mil. The sellers in all three transactions, which closed in February, were represented by Teresia Knight of NAI Capital.
In Re...
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• Construction of Kearny Mesa's First Office Tower is Started
3/08/06
Construction of Sunroad Centrum, a master-planned, 1 msf Class A office campus located within the 232-acre Spectrum business and residential community in Kearny Mesa, is underway as the developer, Sunroad Enterprises, just br...
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• Greenlaw and Guggenheim Celebrate 10th Deal with $11 Mil Buy
3/07/06
Greenlaw Partners and Guggenheim Real Estate have acquired a 129.6k sf industrial property at 605-611 East Cerritos in Anaheim for $11.1 mil ($86/sf), in a deal that marks the 10th asset that the two firms have purchased toge...
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• RREEF's $18 Mil Scripps Ranch Buy Leads SD Sales Review
3/07/06
We can't turn our attention away from San Diego County for even a few days before we have another bunch of notable sales to report from the region. We'll run down a number of deals in this report, starting in Scripps Ranch, w...
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• Guthrie Sells Out Mariner Commerce Park
3/06/06
Costa Mesa-based Guthrie Development Company has sold out its Mariner Commerce Park, a five-acre, 13-building master-planned business park located on the northeast corner of Mariner St and Arovista Circle in Brea. The sales a...
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