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• Lomas Santa Fe Reaches Chesapeake
2/02/05
Two investment entities related to Lomas Santa Fe Group, Lomas Pacific I LLC and Lomas Pacific II LLC, acquired Chesapeake I and II, a pair of three-story office buildings at 9619 Chesapeake Dr and 9444 Farnham St. The buildi...
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• Big OC Investment Deals Keep Olen Along
2/01/05
Olen Properties, an Orange County-based real estate development and asset management firm has acquired Century Centre, a 447.7k sf twin-tower office complex at 2601 and 2603 Main St in Irvine, adjacent to the Jamboree Corrido...
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• CIP Goes Cucamonga for Flex/Office Park
2/01/05
CIP Real Estate and its joint venture partner, Alex Brown Realty Inc, of Baltimore, Maryland, have purchased Gateway Pointe, a 100.5k sf multi-tenant flex/office park in Rancho Cucamonga. Gateway Pointe covers 11.94 acres an...
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• Kasper a Friendly Seller in Oxnard Deals
1/31/05
Since we don't get out to Oxnard much, we thought we'd put together a quick review of a few recent deals from this Ventura County town, from the past month or so. We'll start with a couple of sales and then update you on a co...
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• More RREEF-er Madness
1/31/05
RREEF, the big pension advisory firm, has acquired Pacific Technology Park in San Diego on behalf of an institutional client. The Class A industrial/flex/R&D/office park consists of four buildings with a total of 440.6k sf of...
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• A&H and J&M Acquire Industrial Buildings in NE SFV
1/28/05
Dal-Tile Corp, a distributor of tiles and related products, agreed to a 10-year, $2.54 mil lease for 26.8k sf ($0.79/sf/mo) of industrial space at 3550 Tyburn St, east of Glendale Blvd off of San Fernando Rd at the southern t...
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• EOP Welcomes a Bunch of Yahoos in Santa Monica
1/27/05
Internet giant Yahoo! has inked a lease for 229.7k sf of space at Equity Office Properties Colorado Center, the 1.1 msf office campus acquired from Tishman Speyer last year. The 10-year deal, to house the company's media grou...
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• Maguire Swings for the Fences with CommonWealth Portfolio
1/27/05
Here's the latest news in the competition to acquire CommonWealth Partners' 6 msf office portfolio, as The Irvine Company has bowed out of the bidding and the lead position is now being held by Maguire Partners. According to ...
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• iPayment Agrees to $2.4 Mil Payment over Five Years in Calabasas Office Lease
1/27/05
Toth Properties recently closed on a $6.55 mil buy of a 40k sf ($164/sf) Westlake Village office building. Located at 5716 Corsa Ave, north of the 101 Fwy off of Thousand Oaks Blvd, the building was 75% occupied at the time o...
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• Vernon Industrial Facility Trades for $10 Mil in Sale/Leaseback Deal
1/26/05
Xebec LLC purchased a 180k sf industrial facility at 1946 E. 46th St, near Alameda St in the city of Vernon, which will be leased back by a subsidiary of the seller, Rhode Island-based Nortek Inc. The building, which sold for...
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• Westcore Sells Kearny Mesa Building to American National Red Cross
1/26/05
A Westcore Properties entity has sold a 34.4k sf office/R&D building to The American National Red Cross for $6.89 mil ($200/sf). The building is located at 3950 Calle Fortunada, west of I-15 near Ruffin Rd in Kearny Mesa. Th...
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• $20 Mil Carlsbad Purchase is a Capital Idea
1/25/05
San Diego-based Integrated Capital Technologies acquired the Aston Views Corporate Center in Carlsbad for $20 mil. Located at 1808 Aston Ave, the two-story, Class B, multi-tenant office building contains 83k sf ($241/sf) of s...
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• Five Acqs in Seven Weeks Add up to New Indust Space for Guthrie
1/25/05
OC-based Guthrie Development Company has wrapped up five acquisitions in LA and Orange Counties within a seven-week period, with plans to redevelop a number of older buildings on the sites and also to develop 400k sf of new i...
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• Ernst & Young Inks $11 Mil Lease in San Diego's University Town Center
1/24/05
Ernst & Young LLP, the Big 4 accounting firm, signed a 10-year lease to occupy 25.6k sf on the third and fifth floors at 4370 La Jolla Village Dr in San Diego, in a transaction valued at approximately $10.8 mil ($3.52/sf/mo)....
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• Touching Base with the Former Air Force Bases
1/24/05
While the folks in Orange County may have decided to make no good use out of the existing air strips located at their defunct military bases, the industrious folks in the Inland Empire have turned theirs into productive asset...
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• NoCal Shoe Retailer to Sheikh Its Booty at $6.35 Mil Ontario Facility
1/21/05
Shiekh Shoes, a Hayward, CA-based shoe and apparel retailer, has purchased a 100.3k sf industrial building in Ontario for $6.35 mil ($63/sf). The facility, which the company plans to use to support its recent store expansion ...
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• Pacific Coast Capital and Overton Moore Purchase Northridge Site
1/21/05
Pacific Coast Capital Partners (PCCP) and Overton Moore Properties (OMP) have teamed up in a joint venture to invest $5.7 mil of equity financing for the acquisition, master-planning and development of Northridge Industrial P...
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• New Sorrento Mesa Development Makes the Grade
1/20/05
A new master-planned business park in central San Diego is now underway, as H.G. Fenton Company has begun grading on the first phase of Fenton Technology Park, a 131-acre business community being developed in Sorrento Mesa, m...
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• Arco Plaza Earns US Trust for another 10 Years
1/20/05
Here's a recent downtown LA office transaction, as the Executive Offices of Immigration Review signed a five-year, $10 mil lease for 81.5k sf ($2.04/sf/mo) of space at 606 South Olive St. The high-rise, formerly known as the ...
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• Starbucks and Countrywide Join Tenant Roster at The Plaza
1/19/05
There's been a number of recent signings at The Plaza, a 305k sf office tower/retail center located at 17011 Beach Blvd, at the southwest corner of Beach and Warner in Huntington Beach. The property consists of a 15-story, 20...
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