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• Buyer Gets an A for $89 Mil SD Office Tower Pick-Up
2/10/05
The 320k sf office tower at 110 West A St in downtown San Diego was purchased for $88.56 mil, or about $277/sf. Situated four blocks north of Broadway in the heart of the city center, the 18-story high-rise, known as 110 Plaz...
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• Viking Cruises into 25k sf at New LNR Warner Center Building
2/10/05
Viking River Cruises, the world's largest river cruise line has agreed to a deal for 24.9k sf of space at Lennar Corp's yet-to-be-completed phase three of LNR Warner Center, taking the majority of the second floor at the new ...
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• Property Management Notes
2/09/05
RiverRock Real Estate Group, the Orange County-based commercial real estate management and leasing firm, was recently awarded three new assignments with a combined total of 399.6k sf of space. These latest contracts are from ...
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• Hankey Taps into Spinal Care Clinic to Lease up Marina Building
2/09/05
Hankey Investments recently signed a fairly large tenant at The Marina Business Center I, a 265k sf office building that the company acquired about one year ago. In this latest deal, Diagnostic and Interventional Spinal Care ...
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• NAI Capital Commercial Brokers Separation of Church and Estate
2/08/05
It looks like the brokers at NAI Capital Commercial have really been praying for business, as we've got a trio of recent church-related sales in SoCal to report, all of which were brokered, at least in part, by NAI Capital. I...
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• PRES Flexes Its Buying Power in $29 Mil Buy of Orthopedics Campus
2/08/05
The PRES Companies has purchased the 266.2k sf dj Orthopedics campus in Vista for $29.3 mil ($110/sf). The complex is located at 2980, 2985 and 3105 Scott St, at the intersection with Business Park Dr, and consists of three b...
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• CBRE Investors Grabs $38 Mil Carson Industrial Facility for Client
2/07/05
CB Richard Ellis Investors acquired a 521.9k sf industrial building in Carson on behalf of Orange County Employees Retirement System, a pension fund client that CB advises. The building, which is located at 2201 E. Carson St,...
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• Hunter Becomes the Hunted in Purchase by The Koll Company
2/07/05
The Koll Company has acquired Hunter Business Park, a 106.8k sf multi-tenant industrial property in Riverside, for $8 mil ($75/sf). This transaction boosts the company's portfolio of light industrial properties to 1.8 msf. Th...
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• New Signings for Combined 80k sf Bring Plaza Tower to 96% Leased
2/05/05
A pair of recent long-term leases has brought Plaza Tower, a 462k sf office high-rise at 600 Anton Blvd in Costa Mesa, to over 96% leased. The latest signings are with the law offices of Snell & Wilmer LLP and Perkowitz+Ruth ...
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• Latest Exec Suite News from Premier is a Curran Event
2/04/05
Premier Business Centers has added three more executive office centers, with a total lease value of $7 mil, to its rapidly growing portfolio of centers throughout the world. The three latest locations, which were acquired in ...
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• 7Up/RC Cola Bottle Up Camarillo Industrial Deal
2/04/05
Artistica Metal Designs, a manufacturer of handcrafted home furnishings, inked a 10-year, $8.6 mil lease for a 143k sf ($0.50/sf/mo) warehouse/distribution facility under construction in the Olivas Business Center on Golf Cou...
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• Mammoth Gets Its Saddleback in $15 Mil Buy
2/03/05
For those of you who like to keep up on office and industrial sale comps from Orange County, here's a review of a number of recent deals from throughout the region. We'll start in Laguna Hills, where Mammoth Equities, out of ...
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• LBA Un-Corks 1968-Vintage Industrial Facility
2/03/05
Irvine-based LBA Realty recently closed on a $16 mil buy in La Mirada, having purchased a 266.9k sf ($60/sf) industrial building at 14501 E. Artesia Blvd. The building, which was originally constructed as a manufacturing and ...
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• Pro Moves
2/02/05
Christopher R. Ludeman has been named President of U.S. Brokerage, where he'll be responsible for the strategic direction and growth of the company's largest business line. Mr. Ludeman was a 22-year veteran of CB Richard Elli...
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• Comerica and Cox Sign Up for DiamondView of Padres Games
2/02/05
Recent activity for office space throughout the San Diego area has been brisk, and with this report we'll try to get you up-to-speed on a number of the latest deals in the region. Some of the biggest news has taken place in d...
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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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