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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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• Koll Breaks Ground on New $50 Mil Biz Park in Irvine Spectrum
6/08/06
The Koll Company, the Newport Beach-based real estate firm with the name very familiar to most in the OC, has broken ground on 49 buildings at Koll Center II, a $50 mil office and R&D park in the Irvine Spectrum in Irvine. Al...
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• Veralliance Picks Up Sorrento Mesa Lab Facility
6/08/06
Veralliance Properties has purchased Carroll Tech Center, a 66.2k sf facility in Sorrento Mesa, for $7.625 mil ($115/sf). The building, which Veralliance plans to upgrade into a state-of-the-art facility containing chemistry ...
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• Triple Net Picks Up $14 Mil Santa Ana Office Property
6/07/06
Here's a recap of recent sales throughout Orange County that we've not yet reported on the site. The transactions, consisting of six office deals, three industrial sales and one restaurant buy, occurred in the past month or s...
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• Hodgdon Group Completes $6.5 Mil RV Center in Colton
6/07/06
The Hodgdon Group recently wrapped up development on Saddleback RV Center in Colton. The project is part of an 81-acre, $50 mil master-planned development project, which also includes Ashley Industries' 850k sf warehouse and ...
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• Plumbing Company Flushes Out Pomona Industrial Buy
6/06/06
Belvedere Plumbing Company acquired Pomona Business Park, a six-building, multi-tenant industrial park totaling 77.9k sf on 4.33 acres in Pomona. The property, which is located at 310-380 East End Ave and 1605-1649 East Miss...
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• Boston Firm Colonizes Kearny Mesa Office Property
6/05/06
Colony Realty Partners, a Boston-based real estate investment and asset management firm, has acquired Copley Corporate Center, a 102.5k sf office building at 5855 Copley Dr in Kearny Mesa. The property, which sits on 5.3 acre...
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• Inland Land is in Much Demand
6/02/06
Demand for land throughout the Inland Empire remains strong, as evidenced by these latest transactions, in Rancho Cucamonga, Palm Springs, Victorville and Fontana.
We'll start in Rancho Cucamonga, where Grand Farr Investmen...
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• Journey Ends in Lake Forest
6/02/06
Hyundai Motor America agreed to a five-year, $2.6 mil lease for 19.9k sf ($2.18/sf/mo) of space at Fountain Valley Plaza, located at 10540 Talbert Ave in Fountain Valley, next door to Hyundai's national HQ office. The buildin...
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• Legacy Partners Acquires Santa Fe Springs Business park for $84 Mil
6/01/06
Foster City-based Legacy Partners has acquired the leasehold interest in Heritage Corporate Center, a 23-building, 45-acre Class A business park in Santa Fe Springs. The 720.3k sf property was sold by Argus Realty Investors L...
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• Santa Ana Office Sale is a Moote Pointe
6/01/06
With the economy still on good footing and interest rates still relatively low, demand remains strong for office product throughout much of Orange County, particularly since the vacancy rate has dropped to about 8%, according...
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• There's a Renaissance Going on in Aliso Viejo
6/01/06
Executives from Leisure Sports Inc, R.D. Olson Construction and Parker Properties were on-hand Wednesday for the groundbreaking of a new Renaissance ClubSport, a full-service boutique hotel and world-class fitness resort, in ...
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• USC Credit Union Underway on New Office Building
5/31/06
The University of Southern California (USC) Credit Union has begun construction on a new, four-story, 45k sf , Italian Romanesque style office building to be located just to the east side of the campus, at 3720 South Flower S...
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• GMC Drives $3 Mil Industrial Deal in La Mirada
5/31/06
GMC Investors inked a 10-year, $3 mil renewal for a 45k sf ($0.56/sf/mo) building located at 16024 Phoebe Ave, south of Alondra Blvd and east of Valley View Ave in La Mirada. GMC was repped by David Ryan of Collins Commercial...
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