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• Strong 2005 is Elementary for Watson
2/10/06
Watson Land Company wrapped up a very successful 2005 with fourth quarter lease transactions totaling more than 700k sf of space and more than $33 mil in value at the company's Dominguez Technology Center and Watson Industria...
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• Financing Notes
2/10/06
Sonnenblick-Eichner Company has arranged $54 mil in unsubordinated leasehold renovation and mini-perm financing for The Sheraton Park Hotel at the Anaheim Resort located in Anaheim. Previously operated as the 500-room Coast A...
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• Hanover and Clifford Companies Team Up in Fourth Joint Venture
2/09/06
A joint venture between Hanover/Babson Equity Investors and Newport Beach-based The Clifford Companies acquired a 13.31-acre parcel located just north of I-10 on the southeast side of 9th St and Baker Ave in Rancho Cucamonga....
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• Investors Strike Up a $29 Mil Alliance in Torrance
2/09/06
Alliance Commercial Partners, a Denver-based private investment group, purchased Hamilton Place, a 250k sf office building located at 20101 Hamilton Ave, near the intersection of the 110 and 405 freeways in Torrance. The asse...
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• Jamison Makes First Buy in Downtown San Diego
2/09/06
LA-based Jamison Properties, the privately owned office property investment firm led by Dr. David Lee, has closed on its first buy in downtown San Diego, after paying $50.4 mil for Executive Complex, a 324k sf ($156/sf) build...
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• $5 Mil Irvine Office Sale Solid as Granite
2/08/06
In this report, we'll take a look at six recent sales comps from Orange County, half of which are for office buildings and the other half are for industrial product. We'll start with a Lake Forest office sale, where Makoil In...
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• Law Firm Renews 77k sf at Two Cal Plaza in Downtown LA
2/08/06
The international law firm of Mayer, Brown, Rowe & Maw LLP inked a renewal for 77.3k sf of office space at Two California Plaza, a Class A high-rise at 350 South Grand Avenue on historic Bunker Hill in downtown LA. The firm, ...
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• Walls are Being Tilted at New Sorrento Mesa Business Park
2/07/06
Construction of Fenton Technology Park, a 1 msf business campus in Sorrento Mesa, is well underway, as the walls have been tilted on the 82.5k sf second phase of the new project. The project is being built in phases by H.G. F...
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• New Rancho Bernardo Development Takes the Lowe Road
2/07/06
Lowe Commercial Development Company (LCDC), a joint venture between Lowe Enterprises and Teachers Insurance and Annuity Association, has received final approval for the development of The Vista at Rancho Bernardo, a three-bui...
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• Larwin Out-Foxes Competition in Antelope Valley
2/06/06
Larwin Investment Company has completed four new industrial buildings and has begun construction on a fifth building in Phase I of their Fox Field Business Park development. When complete, the first phase of the project will ...
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• TA Associates Closes $18 Mil Sorrento Mesa Buy
2/06/06
TA Associates Realty has purchased Sorrento II, a two-building, 88.2k sf R&D complex located at 9980 and 10020 Huennekens St, a couple of blocks south of Mira Mesa Blvd in Sorrento Mesa. The acquisition, which had a price tag...
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• Logistics Firm Takes 35k sf Hawthorne Facility
2/03/06
Here are a couple of recent industrial comps from cities around LA's South Bay area, Hawthorne and Cerritos. One of the deals is a sale while the other is a lease.
We'll lead off with the lease, in Hawthorne, where ALG World...
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• Jefferson Partners Moving Forward on Pair of Temecula Office Projects
2/03/06
Newport Beach-based Jefferson Partners held a groundbreaking ceremony for Park Place Professional Building, a Class A office building, located at 41900 Winchester Rd, on the corner of Winchester and Diaz in Temecula. There i...
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• Financing Notes: Loan Starts New Hotel Construction
2/02/06
Holliday Fenoglio Fowler (HFF) has arranged a $46 mil construction loan for a new 272-room, Class A Embassy Suites Hotel in Glendale. Construction on the new hotel is expected to begin this month and, once completed, it will ...
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• Vista Outdoor Lighting Brightens Up Simi Valley Industrial Market
2/02/06
In this report we'll take a look at recent industrial deal news from in and around the San Fernando Valley. We'll begin in Sylmar, where Florida-based EACO Corporation acquired two buildings, totaling 64k sf of space, for $8....
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• Sorrento Mesa Office Building Trades for $20 Mil
2/01/06
Cambra Realty acquired a 72k sf office building at 488 E. Valley Pkwy, south of Washington Ave and west of San Pasqual Valley Rd in Escondido. The four-story, Class A building, which is adjacent to the Palomar Medical Center,...
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• "You've got AOL!"
2/01/06
Internet giant AOL has inked a 10-year lease for the entire 82.6k sf office building at 331 North Maple Dr in Beverly Hills in a deal that we mentioned was in the works last November 10. Originally developed for the David Gef...
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• January 31, 2006 - $54 Mil Buy an Investment for the Commons Man
1/31/06
NY-based Real Estate Capital Partners has purchased Tustin Commons, a 200k sf suburban office complex in Orange County, on behalf of American Fund OIK, a full-service real estate investment adviser for German institutions. Th...
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• Alliance Commercial Partners Acquires Historic Pacific Center in Downtown LA
1/31/06
Denver-based Alliance Commercial Partners, a privately held real estate operating and investment company, has purchased Pacific Center, the classy three-building, 415k sf office complex at 523 West Sixth St in downtown Los An...
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• New Del Mar Heights Office Building is Fully Leased
1/31/06
Diamante Del Mar, a 35.5k sf Class A office building in the Del Mar Heights area of San Diego, is now 100 percent leased. Tenants in the craftsman-style building designed by the architectural firm Brian Paul & Associates incl...
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