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• Cruzan/Monroe Spends $6.3 Mil on Carlsbad Office/R&D Facility
2/22/06
San Diego-based Cruzan/Monroe has acquired a 52.3k sf office/R&D facility located in the master-planned Carlsbad Research Center for $6.35 mil. The company plans to convert the building, situated on a 3.45-acre parcel at 5935...
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• $25 Mil Santa Ana Transaction is Leed Deal in OC Office Sales Review
2/22/06
A partnership between Leed Properties and the State of New Mexico Investment Counsel has acquired a 208.3k sf office property in Santa Ana for $25.2 mil ($121/sf). The single-tenant office property is located at 1015-1055 Nor...
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• SD High-Rises Fetch High Prices
2/21/06
Investor interest in San Diego-area office properties remains very strong, as evidenced by a few recent acquisitions in the County that rang up to a total of around $600 mil. The buyers were two of Southern California's bigge...
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• Medical Space Developer Acquires 40k sf Westlake Village Facility
2/21/06
Parthenon Management Partners LLC has acquired a 40k sf Westlake Village industrial facility situated on 2.97 acres at 696 Hampshire Rd. The company, which is based out of Beverly Hills and specializes in real estate acquisit...
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• Owner/Users Quick to Purchase Buildings in New Otay Mesa Development
2/21/06
Here's an update on recent sales at the 163.6k sf first phase of Opus Crossing, a 320.9k sf industrial development that will eventually consist of eight buildings over 18 acres in Otay Mesa. So far, 52% of the first phase has...
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• Check Out These Tenants Looking for Space in the SF Valley
2/17/06
Interested in learning about tenants in the market for space in the San Fernando Valley? RENTV's latest Executive Subscriber report is jam-packed with lots of prospects for landlords, brokers, interior design firms, office fu...
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• Financing Notes
2/17/06
Amherst Real Estate Capital: Amherst Real Estate Capital arranged a $12 mil loan for the acquisition of a retail property located at the northwest corner of Green St and Fair Oaks Ave in Pasadena. It is half a block south of ...
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• Investment Banking Firm Signs Brentwood Expansion/Renewal Lease
2/17/06
Barrington Associates has agreed to an expansion/renewal lease for a total of 15.2k sf of space at Landmark I, located at 11755 Wilshire Blvd, between Barrington Ave and Bundy Dr in Brentwood. The $3 mil deal provides the pri...
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• The Koll Company Embarks on $17 Mil Mission in SD County
2/17/06
The Koll Company, the Newport Beach-based real estate firm, has acquired the Mission Courtyard Building, an 84.9k sf office building situated on a three-acre site at the northeast corner of the interchange of the Interstate 8...
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• Investor/Users Snap Up OC Medical Properties
2/16/06
A 55.2k sf Santa Ana office building was acquired by Santa Ana MOB, a partnership between Santa Ana Medical Office Building and George Okida, for $7.4 mil ($134/sf). The property, located at 2212 East Fourth St, on the west s...
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• New Mission Valley Office Building is Over 70% Leased
2/16/06
Rio Vista Plaza III, a recently completed 79k sf Class A office building in Mission Valley, is now over 70% leased after the latest signing by Gallagher Bassett Services Inc for 8k sf of space. The four-story building, which ...
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• Western States Wraps Up Three Deals with a Combined Value of $30 Mil
2/15/06
LA-based Western States Technologies Inc has acquired one industrial property and sold two others recently for a combined total of $29.7 mil. In the acquisition, the company purchased a 77.2k sf industrial building located at...
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• LA's Pacific Electric Building Makeover to Make It on HGTV
2/15/06
LA's historic Pacific Electric Building is about to become a TV star, as the 100-year-old building will become the latest addition to HGTV's Restore America initiative, a national public affairs partnership between the popula...
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• Brookhollow Sells Out Fullerton Industrial Condo Project
2/15/06
The Brookhollow Group has wrapped up sales of all 22 units at Fullerton Industrial Park, an industrial condo project located at State College Blvd and Valencia Dr in Fullerton. The property, which Brookhollow acquired from CI...
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• Shidler Locks Up Tut in Sorrento Mesa
2/14/06
It's difficult to keep up on all of the leasing activity throughout San Diego County, but we'll take a quick look at a few recent, smaller transactions in this report. We'll start in Sorrento Mesa, where Integrated DNA Techno...
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• Minka Deal Lights Up Moreno Valley Industrial Market
2/14/06
Minka Lighting has agreed to a $14 mil, seven-year lease for a 533k sf ($0.31/sf/mo) distribution facility in Moreno Valley. Minka, a lighting distribution company and Home Depot's largest supplier of quality lighting product...
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• Investors Snap Up Sorrento Mesa Office Properties
2/13/06
RREEF, the real estate investment subsidiary of Deutsche Asset Management, has acquired a couple of sizable San Diego office properties on behalf of its institutional clients.
One of the assets is One Pacific Heights, a fiv...
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• Financing Notes
2/13/06
Buchanan Street Partners has arranged $18.5 mil in construction financing on behalf of Birtcher Development & Investments for the development of a three-building, 269k sf spec industrial project situated on General Dr in the ...
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• Investor/Users Snap Up OC Medical Properties
2/13/06
A 55.2k sf Santa Ana office building was acquired by Santa Ana MOB, a partnership between Santa Ana Medical Office Building and George Okida, for $7.4 mil ($134/sf). The property, located at 2212 East Fourth St, on the west s...
Price: $3.99
Executive Subscriber Price: Free
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• Rexford Shops in the Frozen Foods Aisle in Santa Ana
2/10/06
LA-based Rexford Industrial has purchased a 187k sf freezer distribution facility in Santa Ana's Enterprise Zone for $13.1 mil ($70/sf). The asset, which Rexford intends to rehabilitate and then market for lease, is located a...
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