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• Pro Moves
6/23/05
Three veteran SoCal brokerage pros – Rick Sherburne, Alex Hayden and Travis Boyd -- have joined up with Cushman & Wakefield, where they will serve as Executive Directors, working out of the company's Irvine office. All three ...
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• It's a New Century at Park Place
6/23/05
LA-based Maguire Properties finalized a pair of leases, totaling 270k sf of space, at a building still to be constructed within the company's huge Park Place office campus in Irvine. The new 600k sf 20-story tower will be loc...
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• Premier Adds New Executive Suites in Santa Monica and Seattle
6/23/05
Premier Business Centers, a division of Irvine-based The Bascom Group, has closed leases for two new executive office centers in Santa Monica and Seattle. The leases, worth a total of $6.6 mil, are for a combined 27.3k sf of ...
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• Carlsbad Owner Gets Total Training
6/22/05
In this report, we'll update you on a number of recent leases from San Diego County, starting in Carlsbad, where Total Training Inc agreed to a 10-year, $3.77 mil lease for 17.2k sf ($1.83/sf/mo) of R&D space at 1920 Palomar ...
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• Centra Pours Some Ranch Dressing Over San Juan Cap
6/22/05
Irvine-based Centra Realty Corporation has announced plans for two new developments in the South Orange County community of San Juan Capistrano. The projects are Ortega Ranch, a 144k sf mixed-use project on 17.8 acres of land...
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• Communications Firm Inks $2.5 Mil Marina Del Rey Renewal
6/21/05
In a Marina del Rey office lease, ARINC, a leading provider of Transportation Communications and Systems Engineering, has agreed to a five-year renewal for 19k sf at Marina Business Center II. The transaction has a total valu...
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• Construction Starts on First Spec Building at Agua Mansa
6/21/05
The first speculative industrial building to be developed as part of the 300-acre master planned Agua Mansa Industrial Center in Riverside is now underway. The slabs have been poured and the 30-foot tall walls have been raise...
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• Davis Partners Gets Underway with Fabulous Forum
6/21/05
Palomar Forum, a new master-planned project in Carlsbad being developed by SoCal-based Davis Partners, is set to begin construction in the second quarter of 2005. Located at the northeast corner of Melrose Dr and Palomar Air...
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• Koll Continues Its Trek Inland
6/20/05
The Koll Company has purchased Riverside Technology & Business Park, a 118-unit, 478.4k sf light industrial property at 1600-2060 Chicago Ave, for $31.8 mil ($66.50/sf). This transaction marks the company's second such buy in...
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• Final Two Buildings at Mission Valley Heights Almost Leased Up
6/20/05
Mission Valley Heights, a 1 msf business community being developed by H.G. Fenton Company in Mission Valley, is approaching close-out, with the project's final two buildings nearly completely leased. Some of the tenants that ...
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• Slough Estates Picks up 41 Acres in Bressi Ranch for New Development
6/17/05
Slough Estates, the London-based international real estate owner/developer, has purchased a 41-acre parcel in Bressi Ranch in Carlsbad for $36 mil ($20/sf). They will be marketing the site to office, life science and R&D ten...
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• BKM Spends $40 Mil on Latest Product from Panasonic
6/17/05
Locally based BKM Development has purchased Panasonic Corp's 540k sf office/distribution complex in Cypress, in what is considered to be one of the biggest OC industrial sales in some time. According to a recent article in th...
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• Majority of New Chino Hills Business Condo Project Pre-Sold
6/16/05
A new industrial condo development geared to small business owners has already sold a majority of the project, prior to completion. The project, called Fairfield Ranch Business Center, is being developed by IDS Real Estate Gr...
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• BlackRock Acquires Burbank Tower for $167 Mil
6/16/05
The largest office tower in Burbank's Media District was just sold for the third time in about three years. The Tower, a 473k sf, 32-story high-rise at 3900 W. Alameda Ave was purchased by NY-based BlackRock Inc in a deal wor...
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• Opus Makes their Point in Carlsbad
6/15/05
Opus West Corporation has begun work on Opus Point, a 43-acre development in Carlsbad that will contain roughly 575k sf of office, R&D and manufacturing product, to be built in two phases.
Located in the Carlsbad Raceway Bus...
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• Prudential Wants Its MTV… in 128k sf
6/15/05
A couple of media-related firms recently inked leases on LA's Westside, one a renewal and another for new space. In the larger deal, MTV agreed to a 10-year, $43 mil expansion/renewal deal for a total of 128k sf ($2.80/sf/mo)...
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• Magellan Explores Tight Industrial Market in Commerce
6/15/05
Industrial property in LA's Mid-Cities remains in great demand, particularly in the City of Commerce, as evidenced by these latest two representative transactions, one a sale and the other a lease. Both deals involved The Mag...
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• DRA Advisors Picks Up 259k sf El Monte Facility
6/14/05
A two-story, 258.6k sf office/warehouse building in El Monte was acquired by DRA Advisors. The property is situated on 7.95 acres at 9320 Telstar Ave, east of Rosemead Blvd and south of I-10 in El Monte. It was sold by Irvine...
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• A Deluxe Expansion Lease in Burbank
6/14/05
Deluxe Digital Studios Inc has signed an expansion lease for an additional 13.5k sf of space in Burbank at Burbank Empire Center, giving the media services firm a total of 78.8k sf of space at the eastern San Fernando Valley ...
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• June 14, 2005 - The Downtown LA Story Gets Deeper
6/14/05
By Steve Bloom
It seems like the caulking isn't even fully cured on such exciting downtown LA projects as the Walt Disney Hall, the Cathedral of Our Lady of the Angel, or the many interesting recent residential projects, and...
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