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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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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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