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• VF Outdoor Inks Deal for 817k sf Facility in Visalia
7/19/05
VF Outdoor Inc, a subsidiary of VF Corporation (NYSE: VFC), has agreed to a long-term build-to-suit lease agreement for a new 817k sf distribution and logistics facility at The Allen Group's MidState 99 Distribution Center , ...
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• $35 Mil Lease at Park Place is a Dunn Deal
7/18/05
Here's a little more info on a major OC office lease that we first mentioned in an article on RENTV about three weeks ago, that being Gibson, Dunn & Crutcher's deal for 83.7k sf of Class A space in a yet-to-be-built new build...
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• SoCal Pro Moves
7/18/05
BUDDY NORMAN: Burnham Real Estate Services has hired Buddy Norman as Managing Director/Principal of its new corporate services group, which handles tenant rep work. Norman comes over from The Staubach Company, where he was on...
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• Legacy Picks Up $46 Mil in Irvine Office Assets
7/15/05
Legacy Partners has closed on a sizable Orange County office buy, having paid $46 mil for two Irvine assets, Alton Corporate Plaza and Von Karman Corporate Plaza, which contain a combined 280.5k sf ($164/sf) of space. The pro...
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• Lennar Sells Final 10 Acres at San Diego Spectrum
7/15/05
ResMed Inc has purchased the last remaining 9.78-acre parcel of land at the San Diego Spectrum in Kearny Mesa for $21 mil ($49/sf), with plans to build a new US HQ facility. In the deal, ResMed acquired lots 22, 23 and 24 of ...
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• AEW Gets a Great Bayview
7/14/05
AEW Capital Management, on behalf of one of its institutional clients, has just closed a large OC office buy, having paid $117 mil for 100 Bayview in Newport Beach. The property consists of two granite-clad, six-story, office...
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• Legacy Acquires Former Viking Building in Torrance
7/14/05
Legacy Partners has paid $23.5 mil to acquire a four-story, corporate quality office building in Torrance that formerly served as the West Coast headquarters for Viking Office Products (now part of Office Depot). The 186k sf ...
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• San Diego Lease Comps
7/13/05
It's time to catch up on some of the latest lease comps from busy San Diego County. In this report, we'll take a look at six recent deals from the region.
We'll start in Carlsbad, where Dr.'s Own inked a five-year, $767.5k l...
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• No R&R for LNR at Meridian
7/13/05
LNR Property Corporation recently closed three more land sales at Meridian, its new master-planned business park off I-15 in Riverside County, just outside the eastern edge of the city of Riverside. In these latest deals, Cli...
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• Trizec Top Bidder for Figueroa at Wilshire
7/13/05
It looks like Trizec Properties will soon be adding another of downtown LA's top high-rises to its portfolio. According to a recent piece from the LABJ, the NY-based REIT has won the bidding for Figueroa at Wilshire, the 1 ms...
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• Calabasas Office Sublease is Horseplay for Media Company
7/12/05
HorseTV Media Group Inc, a media company providing television and video programming for owners, riders, breeders and lovers of horses and equestrian sports, has relocated its corporate and production facilities to Calabasas, ...
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• Broadreach Extends into El Segundo with $20 Mil Buy
7/12/05
Broadreach Capital Partners LLC has picked up a 122k sf four-story office building in El Segundo for $19.6 mil ($161/sf). Located at 2151 Grand Ave, the property was purchased from BT Infonet, a subsidiary of British Telecom ...
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• Bayharbor Places a $10.7 Mil Bet at Los Alamitos
7/11/05
Newport Beach-based Bayharbor Management Services has acquired a nine-building, 124.7k sf industrial and office park in Los Alamitos for $10.7 mil ($86/sf). The property is located at 10311-10449 Los Alamitos Blvd and at 3321...
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• City of Rialto has a Lot of Bratz after $23 Mil Sale
7/11/05
A 435k sf Inland Empire distribution facility was purchased by MGA Entertainment, a Van Nuys-based toy maker, for $23 mil ($53/sf). The building, which is part of Sares*Regis Group's four-building, 89-acre Rialto Commerce Cen...
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• New Clippers Facility is a Slam Dunk for Playa Vista
7/08/05
Residential and office developers at Playa Vista can expect a new property type in the mix before too long in this huge master-planned community on LA's Westside, as the Los Angeles Clippers have purchased a two-acre site, on...
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• Investors Pick Up OC Office Properties
7/07/05
Irvine Technology Center I & II, a 251.6k sf office/R&D park, traded hands at a price of $59.5 million, or about $236/sf. The complex sits on almost 19 acres at the corner of Jamboree and Campus, near the 405 and 73 freeways ...
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• First Industrial Nabs 135k sf Facility near Burbank Airport
7/07/05
First Industrial Realty Trust recently acquired an industrial property in the eastern San Fernando Valley, having paid $14.5 mil for a 135k sf ($107/sf) facility at 2980 San Fernando Blvd, between Hollywood Way and the I-5 in...
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• Firefly Purchase Lights Up Kearny Mesa Office Market
7/07/05
In a Kearny Mesa office sale, Firefly Holdings LP, dba Tapestry Solutions, has purchased a 36.1k sf building that currently is the headquarters for Metabolife International Inc. The building, which sold for $9 mil ($249/sf), ...
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• Palomar Pomerado Health Picks Up Rancho Penasquitos Site
7/06/05
Palomar Pomerado Health (PPH) has purchased the 4.46-acre Maranatha Christian Schools site at 12855 Black Mountain Rd, adjacent to Highway 56 in the Rancho Peñasquitos community. The price was $6.9 mil ($35.50/sf).
The prope...
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• New Office of Newmark Brokers Newbury Park Sale
7/06/05
A 35.2k sf free-standing single-tenant industrial building at 1415 Lawrence Dr, north of the 101 Fwy in the Ventura County community of Newbury Park, was sold at a price of $3.34 mil ($95/sf). The building was sold by Lawrenc...
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