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• Hopkins Picks Up the Ball and Runs at 157-Acre Carson Landfill
3/30/04
Newport Beach-based Hopkins Real Estate Group (HREG) has reached an agreement to acquire what is one of the largest undeveloped sites in LA County. The property is a 157-acre former landfill site within the city of Carson, ju...
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• Aerospace Parts Manufacturer Grabs North Hollywood Industrial Property
3/30/04
A private investor purchased three industrial buildings, totaling 39.8k sf, in North Hollywood for $3.8 mil ($95.50/sf). The adjacent single-story buildings are at 7332-7338 Ethel Ave and 13026 Raymer St, just north of Sherma...
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• IDS Adding Crown to Recent Spate of Development Jewels in Pasadena
3/29/04
An exciting new office development is under construction in Pasadena, as Investment Development Services (IDS) has begun work on Crown City Center, a $55 mil Class A office building that is being built on spec. The six-story,...
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• Entertainment Firm Leases Deluxe Accommodations in Burbank
3/29/04
Deluxe Media Services signed a five-year lease for 32.6k sf of office space at Burbank Empire Center, Menlo Equities' Class A office campus on Empire Ave, near the Burbank Airport. The deal, which has a total value of $4.45 m...
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• Quest for Space Ends at Fluor Campus in Aliso Viejo
3/26/04
Quest Software, the application management solutions company, has apparently finalized a solution to its own space needs by agreeing to take 135k sf of space at Fluor Corp's corporate campus in Aliso Viejo. The company will b...
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• CT and Cargill Team Up for $4.8 mil Investment in Riverside Business Park
3/26/04
There's been no let-up to the high level of investment activity in the Inland Empire. In this report we'll review a number of notable deals of late, starting in the city of Riverside, where a partnership of CT Realty and Carg...
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• Triliad Build-to-Suit Project is a Leading Industry Deal
3/25/04
Leading Industry Inc, a leader in the plastic thermoforming parts manufacturing industry and thermoform packaging, has inked $8.7 mil in leases for 195.3k sf of build-to-suit space in Oxnard. The space, which will be the new ...
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• OhioSTRS May Generate $100 Mil from Summit Sale
3/25/04
As part of our just-completed Orange County Hot Transactions report, we dug up about three dozen interesting properties on the market in the county, all of which were included with that Executive Subscriber report. However, w...
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• Castlerock Rolls into another Valencia Business Park
3/24/04
Castlerock Investments recently wrapped up a $21 mil investment in the Santa Clarita area, having purchased the Paragon Business Center, a five-building complex in the Valencia Industrial Center. The center is part of the 4,5...
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• Premier Adds a Pair of Premier Locations to Portfolio
3/24/04
Irvine-based Premier Office Centers, the fast growing executive suites owner/operator, has added another two executive office centers to its portfolio after a pair of recent acquisitions. Both new locations are in very upscal...
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• Hooters Busts into Burbank with New Restaurant at Crown's Media City Center
3/23/04
Crown Realty & Development continues to fill out their Media City Center mall in downtown Burbank, as they recently signed Hooters, the popular, family-oriented restaurant chain, which inked a long-term lease for a 6.5k sf re...
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• Nishimoto Trading Locates US Headquarters in Santa Fe Springs
3/23/04
In a deal from a month or so ago, Nishimoto Trading Company, one of Japan's oldest and largest international distributors of Asian food products, inked a $15 mil lease for a 219k sf industrial building at Golden Springs Busin...
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• Jamison Properties Picks Up Park Mile Office Building
3/22/04
Dr. David Lee's Jamison Properties, the largest property owner in the Mid-Wilshire office market with nearly 9 msf, has acquired a 46.8k sf office building in the Park Mile sub-market for $6.7 mil ($143/sf). Located at 4322 W...
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• Bixby Heads South to San Diego
3/22/04
Long beach-based Bixby Land Company likes what it sees down south in San Diego, having just paid $13.5 mil for its first acquisition in the county, a 69k sf ($196/sf) office building occupied by Hitachi Data Systems. The buil...
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• Bebe Takes Aim at $3.6 Mil Brea Facility
3/19/04
Here's an opportunity to get caught up on even more recent sales comps from Orange County, as we quickly review eight sales from around the county. We'll start in Laguna Niguel, where Crestmark Investment paid $3.84 mil for a...
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• Fenton Takes the High Road
3/19/04
Yesterday marked the official opening of the nearly one-mile-long extension of Camino Santa Fe, as Councilmember Brian Maienschein joined H.G. Fenton Company and Hanson Aggregates executives at the ribbon cutting ceremony for...
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• Royal Mattress Puts Building Search to Rest
3/18/04
Here's a continuation of the flood of OC industrial sales, both for land and buildings, which we've accumulated for our massive Hot Transactions report we posted for Executive Subscribers last week. The activity is certainly ...
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• $7.3 Mil Sounds Good for Former Motorola Facility in Scripps Ranch
3/18/04
The Carroll Canyon Office Park, the 31.7k sf former Motorola facility at 9880 Carroll Canyon Rd was sold for $7.3 mil ($230/sf). The property, which sits on 5.38 acres within the Scripps Ranch Business Park and includes some...
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• Arden Collects $52 Mil from Sale of Univision HQ Building
3/18/04
Giant SoCal office landlord Arden Realty Inc (NYSE: ARI) has just closed a major sale, as Univision Television Group purchased its Headquarters facility, one of the recently developed office properties in Arden's Howard Hughe...
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• Murphy Development Adds another Tenant at Siempre Viva
3/17/04
Murphy Development has inked another big tenant deal at their Siempre Viva Business Park in Otay Mesa, as US Joiner LLC, a wholly owned subsidiary of Gatewick Enterprises, Inc, signed an eight-year lease for 66.5k sf of wareh...
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