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• Tishman Speyer Invests $135 Mil in Newport Beach-Front Property
4/06/06
NY-based Tishman Speyer has closed on a major OC office buy, after acquiring a 374k sf Class A office property in Newport Beach. The complex, which represents Tishman Speyer's first investment in Orange County, is at 4000 Mac...
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• Furniture Manufacturer to Settle in at Arden's Savi Tech Center
4/05/06
Furniture Homestores of Southern California Inc has agreed to a $7.6 mil, 10-year lease for a new 61.5k sf ($1.03/sf/mo) facility in Yorba Linda. The building, which will be located at 22705 Savi Ranch Pkwy, north of the 91 F...
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• Property Management Notes
4/05/06
Tustin-based Coreland Companies was awarded six new management assignments in Southern California totaling more than 1.1 msf during the last quarter. These include the Carousel Mall in San Bernardino, Plaza del Sol in Burbank...
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• Jamison Invests $34 Mil in Long Beach Office Market
4/04/06
Los Angeles-based Jamison Properties Inc, one of the largest office landlords in SoCal, has acquired a three-building, 230.8k sf office portfolio in Long Beach from a private partnership. The transaction rang up a total pric...
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• Opus Inks Six Deals at New Valencia Office Project
4/04/06
Six companies have signed recent deals at Opus Corporate Center at Valencia Gateway, a just-completed 155k sf office building in Valencia. These latest signings, which include Progressive, Silverstate Mortgage and J.P. Morgan...
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• Pair of Leases Brings Commerce Industrial Center to 100% Occupancy
4/03/06
Two LA-area companies signed leases for a total of 225k sf at the Slauson Commerce Center, a mixed-use industrial/office facility in the City of Commerce owned by industrial REIT Dividend Capital Trust (DCT). The 335k sf deve...
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• Equity Tops Out Steel at Third Phase of UTC Office Project
4/03/06
The steel framing has been completed on Bridge Pointe Corporate Centre III, a $36 mil office development in the heart of San Diego's University Towne Centre-Golden Triangle submarket. The two-building project, which is a deve...
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• Tishman Makes $921 Mil International Buy
3/31/06
LA-based Tishman International Companies has demonstrated that it takes its “international” name seriously, after closing on a $921 mil acquisition in London, England. The company purchased One Plantation Place, a 550k sf off...
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• Solution for Needed Office Space in Chino Hills Decided By The Courts
3/31/06
Marketing is underway for “The Courts at Chino Hills,” a new mixed-use project which is being developed on 12 acres in the northwest quadrant of Pipeline and Chino Hills Pkwy. The project will consist of 122k sf of Class A of...
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• Anaheim Industrial Facility Trades for $9.8 Mil
3/30/06
The Ducoing Family Trust paid $9.8 mil for a 62.8k sf ($156/sf) Anaheim industrial facility on approximately six acres of land at 3818 East Coronado St in Anaheim, north of La Palma Ave between Tustin Ave and Richfield Rd. Th...
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• Cerritos Industrial Park Trades for $6.7 Mil
3/30/06
A private investment group has acquired Cerritos Industrial Park, a 59.8k sf multi-tenant industrial business center in Cerritos, for $6.7 mil ($112/sf). The property is located at 12100-12114 East Park and 16741-16788 Parksi...
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• Sanyo Tunes in $15 Mil Chatsworth Office Renewal
3/29/06
SANYO North America Corporation has agreed to a long-term renewal of their existing 67.3k sf of office space at Chatsworth Business Park, a 231.8k sf office park located at 21605 Plummer St, between Topanga Canyon Blvd and Ca...
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• Newport Beach Firm is the Master at Otay Mesa Industrial Park
3/29/06
Master Development Corporation, a Newport Beach-based developer of industrial parks, has purchased buildings 4 and 8 at Opus Crossing, an eight-building industrial park located at the intersection of Airway Rd and Britannia B...
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• SD Lease Review
3/28/06
Laboratory Corporation of America (LabCorp) has inked a sizable R&D lease in San Diego's Sabre Springs area, after agreeing to a 10-year, $22 mil deal for 109.8k sf ($1.67/sf/mo) of space within Sabre Springs Business Park. T...
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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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