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• Rancho Dominguez Building Trades Hands in a Standard Deal
4/19/06
Principals of Standard Wire and Cable Co have acquired a 45.2k sf distribution facility in Rancho Dominguez for $4.3 mil ($95/sf). The building, which is situated on two acres of land at 2050 E. Vista Bella Way, just east of ...
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• Overton Moore Breaks Ground on New Seal Beach Industrial Park
4/19/06
LA-based Overton Moore Properties has broken ground on Pacific Gateway Business Center, a new 44-acre master-planned industrial park at the intersection of Westminster Ave and Seal Beach Blvd in Seal Beach. The development, w...
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• San Diego Bay Boom
4/19/06
The San Diego Bayfront area in downtown is a hot area these days for development, and for news, with several major projects to track that are in various stages of planning. The most recent news item, about a project that may ...
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• Broadreach Extends Influence with CNN Tower Buy in Hollywood
4/18/06
Broadreach Capital Partners, the Palo Alto-based real estate investment firm, is under contract to acquire CNN Tower, the 14-story, 200k sf office tower located at 6430 Sunset Blvd. The asset, which is being sold by ScanlanKe...
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• Investors Spend $12 Mil on a Pair of Anaheim Office Buys
4/18/06
A 25.9k sf office building in Anaheim was purchased for $5.1 mil by an investment entity. The property is located at 1900 Crescent Ave, adjacent to I-5 between Brookhurst and Euclid Streets.
The building is 100% leased to Cr...
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• First Industrial Purchases Rancho Dominguez Warehouse
4/17/06
First Industrial Realty Trust has purchased 18201 S. Santa Fe Ave, a 125k sf warehouse facility situated on 6.4 acres in Rancho Dominguez. The property is located north of Del Amo Blvd, between Alameda St and the 710 Fwy. It ...
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• Murrieta School District Spends $26 Mil on 61 Acres for New High School
4/14/06
The Murrieta Valley Unified School District has acquired 61.69 acres of land for the development of a new high school for the city's growing population. The land, which cost the district $26 mil ($9.67/sf), is located at 4085...
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• PODS Cast into Carlsbad Space
4/13/06
PODS, a moving and storage company, has agreed to a five-year, $2.57 mil lease for 64.5k sf of ($0.66/sf/mo) space at 149k sf R&D/industrial building in Carlsbad, bringing the facility to 100% leased. The building is located ...
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• Inland Empire Posts Positive Numbers for 1Q ‘06
4/13/06
Office and industrial activity in the Inland Empire registered solid results in the first quarter of 2006, continuing the region's momentum from 2005, according to the latest figures from national brokerage firm Grubb & Ellis...
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• Most of New Irvine Spectrum Biz Park Sold Out Prior to Construction
4/12/06
After being on the market for just 90 days, 37 of the 49 office/industrial buildings at the second phase of Koll Center, dubbed Koll Center 2, in the Irvine Spectrum submarket, have already been committed.
Koll Cent...
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• Chino Industrial Park Sells for $32 Mil
4/12/06
The Warmington Group, out of Costa Mesa, has purchased Spectrum Business Center, a 12-building, 214k sf industrial park located at 3811 Schaefer Ave, along State Route 71 and just south of Hwy 60 in Chino. The complex, which ...
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• Kearny Mesa Office Investment Continues to Blossom with Hibiscus Purchase
4/11/06
Hibiscus Plaza, a 111k sf office building in San Diego's Kearny Mesa submarket, was purchased for $38.8 mil ($350/sf) by Hart Realty Advisers, an institutional real estate advisor located in Simsbury, Conn. BCL, a local devel...
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• Voit and Selleck Team Up for 335k sf of New Industrial Product in Van Nuys
4/11/06
Construction of four new industrial facilities, totaling 335k sf, is well underway in Van Nuys, as a partnership of Voit Development Company and Selleck Development Group have raised the walls on build-to-suit facilities for ...
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• Financing Notes
4/11/06
Holliday Fenoglio Fowler The Orange County office of Holliday Fenoglio Fowler LP has arranged $133 mil in refi money for a portion of Olen Pointe Brea, a three-phase, Class A office park in the city of Brea. The assets being ...
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• It's a Stadium Sell-Out for Master Development
4/10/06
Master Development Corporation (MDC) has sold out its Stadium Collection office project, an 11-building 68.8k sf office park located in close proximity to the Anaheim Platinum Triangle. The sales rang up to a total of $18 mil...
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• Office Workers in Santee to Enjoy a Nice RiverView
4/10/06
The Santee City Council has unanimously approved plans for RiverView, a master-planned 108-acre office development in east San Diego County. The project, a development of Ryan Companies US, a national commercial real estate f...
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• New 14-Building Santa Fe Springs Biz Park Sells Out in One Month
4/07/06
Los Nietos Business Center, a 91.2k sf, 14-industrial building, master-planned business park in Santa Fe Springs, has sold out for $12.4 mil to various buyers.
“Los Nietos Business Center is the first master-planned small in...
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• Mill Valley Developer Ventures into Palmdale
4/07/06
Venture Corporation Inc has acquired 5.4 acres of land in Palmdale for the development of a 69k sf office/R&D condo project to be called Venture Commerce Center -- Palmdale. Venture Corporation, a developer of commercial prop...
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• ISP Firm Leases Half of New Agoura Hills Office Property
4/06/06
ISWest has leased 16k sf of space at 30077 Agoura Ct, a new 31k sf office building now under construction in Agoura Hills. ISWest plans on using the space, which represents roughly 55% of the new building, as a state-of-the-a...
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• Buyer Quenches Investment Thirst with a Cool Corona Facility
4/06/06
In this report we'll take a look at a trio of recent industrial sales comps from the Inland Empire. In the largest deal, an unnamed private investor purchased a 55.1k sf single-tenant property at 1451 East Sixth St in Corona ...
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