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• Developer of West Corona Business Park is Master of Its Domain
4/27/04
Newport Beach-based Master Development Corporation (MDC) has sold all nine buildings at West Corona Business Park, a 230k sf industrial complex located one-mile north of the 91 Fwy at Maple St on 14 acres within a prime manuf...
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• H.G. Fenton Forms New Entity
4/26/04
H.G. Fenton Company, one of San Diego County's largest industrial and multifamily owners and developers, has formed Fenton Investment Company, a new entity that specializes in providing investment equity for new industrial, o...
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• Coreland Wins Assignments for More Land (and Buildings, too)
4/23/04
Tustin-based Coreland Companies has been awarded more than 240k sf in new SoCal management assignments in the last 90 days. These include the assignment for Beverly Hills-based Lambert Smith Hampton's newly acquired nine-stor...
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• What Bebe Wants, Bebe Gets
4/23/04
Voit Commercial Brokerage's Mitch Zehner and Louis Tomaselli have been busy these days, and a lot of that business is selling off properties at two successful Voit Development projects: Voit Brea Business Park and Laguna Nigu...
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• Investors Grab San Gabriel Valley Buildings
4/22/04
Here are a couple of recent sales comps from the San Gabriel Valley, one in Alhambra and the other in Arcadia. We'll lead off with the Alhambra deal, as a private investor paid $2.5 mil for a 25.9k sf ($96.50/sf) multi-tenant...
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• It's Tool Time in Norco
4/22/04
Here's a chance to catch up on some industrial sales comps from the Inland Empire, as we've got three recent deals to review in this report. We'll start in Upland, where BNI, a computer networking company paid $2.6 mil for a ...
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• Morrison & Foerster Inks $30 Mil Del Mar Lease
4/22/04
Morrison & Foerster, the international law firm with 19 offices worldwide, has leased 78.2k sf in a planned office building located north of the I-5 and I-805 merge, at 12531 High Bluff Dr. The 10-year deal has a consideratio...
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• Public City: 1Q04 Quarter Highlight
4/21/04
With the recent end of the first quarter, we've started receiving the standard quarterly news updates from many of the publicly traded real estate companies that we report about. Before putting together a review of many of th...
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• New Thousand Oaks Development getting a Lot of Medical Attention
4/21/04
Buyers have already locked up 55% of Regency Medical Plaza, Ventura County's first medical office condominium project in years, as construction on the new project is just getting underway. According to Tony Principe, executiv...
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• Bryman Leases 42k sf Building at The Alhambra
4/20/04
Bryman College recently inked a lease for a 42.2k sf free-standing building at The Alhambra, the 45-acre, 1 msf urban campus at 1000 Fremont in the city of Alhambra. Bryman, which is part of the Corinthian Colleges network of...
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• Thomas Properties Prepares for a $250 Mil Public Offering
4/20/04
Less than a year after Rob Maguire took his property portfolio public, his former partner at what was once Maguire Thomas Partners, Jim Thomas, is readying to take his own company public in a $250 mil stock offering. As repor...
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• 127k sf Lease is a RREEF Crowd Pleaser
4/19/04
Pleaser USA, a distributor of fashion-trendy shoes, stepped into a new warehouse location, after inking a five-year, $3.8 mil lease for a 127.4k sf ($0.50/sf/mo) industrial building at 679 S. Placentia Ave, north of Orangetho...
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• Private Investors Bank $35 Mil at Washington Mutual Campus
4/19/04
A portfolio of three office buildings in the west San Fernando Valley traded hands for $35 mil, or about $125/sf. The properties, which contain a combined 280k sf of space and are part of the 15-building, 1.1 msf Washington M...
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• UMA Inks 460k sf Industrial Lease in Compton
4/16/04
In one of the biggest industrial leases in LA's South Bay in quite some time, UMA Enterprises inked a 72-month lease for two buildings with a combined 457k sf of space. The properties are located at 660 and 700 W. Artesia Blv...
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• No Sour Grapes at Vineyard at Ninth
4/16/04
Construction is underway on an exciting new industrial development in Rancho Cucamonga, as Investment Development Services Inc (IDS) broke ground on Vineyard at Ninth, a $28 mil business park. Grading has already begun on the...
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• Financing Notes
4/16/04
In this report we'll review a handful of recent SoCal financing deals on a variety of property types. Our first brief is for an Inland Empire apartment complex, as Johnson Capital arranged $5.2 mil in permanent financing for ...
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• YWCA to Build Job Corps Campus in Downtown LA
4/15/04
The YWCA of Greater Los Angeles recently announced plans to build a first-of-its-kind Job Corps urban campus in downtown LA, near the Staples Center. The $40 mil facility will be located on Olive St, between 11th and Olympic,...
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• Piper Rudnick Still Piping Hot
4/15/04
For many SoCal real estate pros, it's been difficult not to notice the rise of the law firm Piper Rudnick here in the LA area, which has just about doubled in size in the past year under the guidance of Jeffrey Rosenfeld, Man...
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• Carson Industrial Facility Sells for $4.8 Mil
4/15/04
Filko International Corp purchased a 65.4k sf industrial building in Carson for $4.8 mil ($73/sf). Located at 17813 S. Main St, between the 91 Fwy and Victoria St, the facility is located near the 5, 405 and 110 Fwys. Origina...
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• April 14, 2004 - Pacific Coast Capital Partners Lifts Off with Former Space Shuttle Site
4/14/04
Pacific Coast Capital Partners, LLC (PCCP) teamed up with Industrial Realty Group (IRG) in a $20 mil equity investment for the acquisition and redevelopment of a portion of Downey Landing, an $80 mil mixed-use project in Down...
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