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• Activision Inks Creative Deal for Woodland Hills Industrial Building
12/14/04
Entertainment software publisher Activision Inc has signed a 10-year lease for a 53k sf industrial building at 6041 Variel Ave in Woodland Hills, which the company will use to relocate its Neversoft video and game studio (we ...
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• American Realty Advisors Acquires Pasadena Office Building for $34 Mil
12/14/04
Glendale-based American Realty Advisors paid just over $34 mil for a 131k sf ($260/sf) office building in Pasadena at 200 S. Los Robles Ave, between Colorado and Del Mar Blvds. The property was sold by Value Enhancement Fund,...
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• Corona Facility to Become Mission Headquarters
12/13/04
Mission Metals paid $4.2 mil for a 55k sf ($76/sf) industrial building at 1255 Railroad St, north of the 91 Fwy and west of Lincoln Ave in Corona. Mission will be relocating from Fontana and will use the larger facility for t...
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• Here are a Few Ripe Orange County Listings for Sale
12/13/04
With interest rates still hovering near some of the lowest levels in decades, investor demand for well-priced properties remains strong. In this update we'll let you know about a half dozen recent for-sale listings in Orange ...
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• Comptree Grows in City of Industry
12/10/04
Apec, a certified supplier of plastic injection molding products to the Fortune 500 medical device community, purchased a 71.6k sf industrial building from Calwest Industrial Properties for $5.6 mil ($78/sf). The concrete ti...
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• Watson Begins Work on Three New Buildings in Carson
12/09/04
Watson Land Company has begun construction on three new buildings, totaling 348k sf, within Dominguez Technology Center in Carson. The buildings are part of the company's popular Legacy BuildingSM series, which offers flexibl...
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• Rancho Bernardo Distribution Facility Sells for $28.5 Mil
12/09/04
A California limited partnership purchased a 394.1k sf warehouse facility at 16960 Mesamint St, in the 4S Ranch section of Rancho Bernardo, for $28.5 mil ($72/sf). The building, one of the largest distribution properties in t...
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• Sempra Energizes Leasing at Downtown San Diego Office Tower
12/08/04
Sempra Energy inked a five-year, $6.9 mil lease in downtown San Diego, taking 50.4k sf ($2.28/sf/mo) of office space at 110 Plaza, located at 110 West A St, about midway between I-5 and Horton Plaza. Sempra, a full-service Fo...
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• GI Partners Ride Off into the Sunset-Gower Studios
12/08/04
A Menlo Park-based private equity group has purchased Sunset-Gower Studios, an historic movie lot in Hollywood that was formerly the Columbia Pictures headquarters. According to a recent article in the LA Times, the buyer, GI...
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• December 7, 2004 -- Hillwood Adds to San Bernardino Development Portfolio
12/07/04
Hillwood Development, the large real estate developer out of Texas run by Ross Perot Jr., is expanding its development activity in San Bernardino with the recent purchase of 144 acres of light industrial-zoned land in this In...
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• Lennar Acquires 43 Acres in Irvine for Mixed-Use Development
12/07/04
Lennar Homes of California Inc has obtained financing of $105 mil for the take-down of the former Parker Hannifin site in the city of Irvine. The company plans to move forward with a mix of new residential, office and retail ...
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• Lowe Picks Up Resort Hotel in Indian Wells
12/06/04
Lowe Enterprises Investment Management (LEIM) has acquired the Miramonte Resort & Spa in Indian Wells from Marcus Hotels and Resorts, a division of The Marcus Corporation (NYSE:MCS), on behalf of an investment client. Destina...
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• Harsch Properties Nails Brown Deer
12/06/04
In a Sorrento Mesa deal from about a month ago, a Harsch Investment Properties entity paid $6.2 mil for Brown Deer Park, a two-building, 47.7k sf ($130/sf) industrial park at 9115 and 9155 Brown Deer Rd, north of Carroll Rd. ...
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• Downtown Deal Duo
12/03/04
Nabih Youssef & Associates has inked an expansion/renewal deal at 800 Wilshire Blvd in downtown Los Angeles for a total of 14.2k sf at the 16-story, 216k sf high-rise. The eight-year deal has a total value of around $3 mil, o...
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• Watson has the Goods in Custom Deal for 367k sf
12/03/04
Watson Land Company has leased another 541.8k sf at its Watson Industrial Center South in LA's South Bay region. The company leased 367.5k sf in three buildings to Custom Goods in a deal valued at more than $10 mil, and also ...
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• Orange County Office Market Displaying Some Specs Appeal
12/02/04
In a sign of good news for Orange County's office market, developers are looking to build new product in the region, as The Irvine Company has announced plans to move forward with development of 270k sf of new office space in...
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• New Chino Hills Office Development gets Underway
12/02/04
Chino Hills Business Park, a new 150k sf Inland Empire office development just broke ground. The four-building office campus, located at the Northeast corner of the 71 Fwy and Central Ave in Chino Hills, will include four tw...
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• UnumProvident Signs $18 Mil Renewal at Glendale Plaza
12/01/04
UnumProvident, the largest provider of disability income protection in the US, has inked a long-term lease renewal in Glendale, restructuring their approximately 89k sf of office space at Glendale Plaza, the 24-story, 520k sf...
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• New Medical Office Building will Help Tight Costa Mesa Market get Better
12/01/04
Brown & Associates, a Tustin-based developer, is about to begin construction on Pacific Medical Plaza, a 75k sf Class A medical office building located at 1626 Newport Blvd, near Hoag Hospital. The four-story facility, which ...
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• Fully Leased 220k sf Long Beach HQ Fetches $13.4 Mil
11/30/04
Here's news of a fairly recent sale of a headquarters property fully leased to a credit tenant. It is the October 15th purchase by a private investor, Randy Kendrick, of 100 W. Victoria St., a 219k sf asset, for $13.375 mil, ...
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