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City of Camarillo Makes $6 Mil Investment of Vacant Parcel in City 9/03/04 In the Ventura County town of Camarillo, a prime 8.47-acre parcel of land was acquired by the City of Camarillo for future development of a hotel and conference center. The property was sold by Las Posas LLC, which collected ...
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Orange County Buyers Make Investments Out of Redhills 9/02/04 The Anaheim Union High School District paid $6.5 mil for a 39k sf ($167/sf) industrial building in, you guessed it, Anaheim! The building is at 525 Muller St, just south of I-5 about midway between Brookhurst and Euclid Stree...
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Investor Group Pays $26 Mil for Playa Vista Office Property 9/02/04 Here's news of a substantial office property sale in the Playa Vista area, as Marina Corporate Center LLC, a Los Angeles-based tenant-in-common buyer, purchased Marina Corporate Centre, an 88.1k sf office building. The transa...
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Sorrento Mesa Deal is Cornerstone of San Diego Sales Review 9/01/04 Investors paid $4.05 mil for a 15k sf ($270/sf) mixed-use building in San Diego's Hillcrest area, located at 401-421 University Ave, at the corner with Fourth Ave. The building has five ground floor retail tenants along with ...
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Sunrider Grabs 848k of New Industrial Facilities at LA's Harbor Gateway 9/01/04 A pair of new industrial buildings with a combined 848k sf of space at the massive Harbor Gateway development were purchased a couple of weeks ago by Sun Life Holdings, the parent company of Sunrider, an international manufac...
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AEW Buys a New Pair of Chinos 8/31/04 Boston-based AEW Capital Management has acquired the South Chino Industrial Center, a newly constructed state-of-the-art industrial development consisting of two buildings totaling
500.6k sf. The investment had a price of $2...
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Barker Pacific Means Business in Pasadena 8/31/04 A Barker Pacific Group-led partnership has acquired 225 East Colorado Blvd in downtown Pasadena from Citizens Business Bank. The seven-story, 55k sf historic building is located on the corner of East Colorado Blvd and Marengo...
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$16 Mil City of Industry Sale is a Classic 8/30/04 Classic Distributing Company has purchased a 253.9k sf distribution center in the City of Industry in a $16.4 mil ($65/sf) deal. The state-of-the-art building is at 120 N. Puente Ave, just north of Valley Blvd in the west Ind...
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Investment Opportunities in LA's Mid-Cities 8/30/04 For those investors interested in LA's Mid-Cities area, we've got the scoop on a couple of notable investment opportunities in the City of Commerce, one an office listing and the other an industrial property.
The office lis...
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Catellus has Cott a Big Tenant for Its New San Bernardino Distribution Center 8/27/04 Catellus Development Corp has signed a big lease at its San Bernardino distribution center, as Cott Corporation, the global supplier of soft drinks for retailers, inked a seven-year, $6.5 mil lease for 278.5k sf ($0.28/sf/mo)...
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Guthrie Closes $11 Mil Industrial Buy in Irvine 8/26/04 In this report we'll take a look at a number of recent industrial sales comps from around Orange County. We'll lead off with a sizable deal, as Guthrie Development picked up a 121.6k sf facility at 2152 Alton Pkwy for $10.9 m...
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WMC Mortgage Corp Signs Lease for 195k sf at Burbank Office Campus 8/26/04 WMC Mortgage Corp, the Woodland Hills-based mortgage lender, will be relocating from one end of the San Fernando Valley to the other, in Burbank, after inking a 10-year lease for 195k sf of office space at Media Studios North...
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Carlsbad Owner Celebrating Latest Lease with Two Jinn 8/25/04 Artes Medical, a pharmaceutical and medical device company, inked an 84-month, $5.4 mil lease for 34.8k sf ($1.85/sf/mo) of R&D space in Pacific Mesa Business Centre. The property is at 5870 Pacific Center Blvd, east of I-5 a...
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RREEF Wraps Up Purchase of Phases I and II at Summit Office Campus 8/25/04 We just got the final word on a major deal that we reported was in the works a couple of weeks or so ago, that being the sale of Phases I and II at the Summit Office Campus in Aliso Viejo. The five, low-rise buildings are par...
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Exchange Investor Buys on Hawaii and Ends Up in El Segundo 8/24/04 In a recent El Segundo office sale, a 50.8k sf building at 601 Hawaii St was purchased by a 1031 exchange investor for $13 mil ($256/sf). The building was constructed in 2003, sits on 3.11 acres and is fully occupied by DaVit...
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Master Development Pays over $11 Mil for Closer View of Angels Games 8/23/04 Master Development Corporation has acquired Stadium Collection, an 11-building, 68.8k sf office complex in the city of Orange, in a transaction valued at $11.7 mil ($170/sf). The property is located at 2019-2211 W. Orangewood...
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Specialty Labs Begins Relocation to New Valencia Facility 8/20/04 Marcus Adams LLC, a Ventura-based investment group, closed on a $5.7 mil acquisition of a 75k sf ($76/sf) industrial building in Valencia. The two-story concrete tilt-up building is located at 29101 The Old Road and was vacan...
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Birtcher Anderson Makes $58 Mil Investment in Santa Ana Civic Center 8/20/04 Laguna Niguel-based Birtcher Anderson Realty LLC recently completed a major acquisition in the region, having paid $58 mil for the Santa Ana Civic Center Portfolio, a 378.7k sf ($153/sf), three-building office portfolio. Loca...
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Ratkovitch Relocates HQ into Recent Downtown Acquisition 8/19/04 The Ratkovich Company, the LA-based investment/development firm led by Wayne Ratkovitch, has relocated from 4525 Wilshire to 800 Wilshire, the 16-story, 213.5k sf office building in downtown LA that the company acquired for $...
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Investor Picks Up 29k sf Carlsbad Office Building 8/19/04 In a Carlsbad sale, an investor acquired Camino Corporate Center, a 28.8k sf office building at 2385 Camino Vida Roble in Carlsbad, for $4.7 mil ($163/sf). The building sits on 1.7 acres midway between McClellan Palomar Airpo...
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