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July 16, 2024
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SOUTHERN CALIFORNIA NEWS
Archive
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• Muller and Rockwood Pay Near $70 Mil for a Great Bayview
3/25/03
A trophy Orange County office property traded hands, as a partnership made up of The Muller Company and Rockwood Capital Corporation purchased 100 Bayview, a 316.8k sf office complex in Newport Beach made up of twin six-story...
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• Opus West Goes for a Nice Pair of Chinos
3/24/03
Demand for large, modern distribution facilities in the Inland Empire remains strong, as evidenced by recent announcements of new projects in the region from Opus West and Western Realco. In Chino, Opus West, the southwest ...
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• St Bernard is Now the Big Dog at Carmel Corporate Plaza
3/24/03
A five-year lease for 54.5k sf of office space at Carmel Corporate Plaza heads up this latest update of recent lease comps from San Diego County. In this first deal, St. Bernard Software, a global provider of security solutio...
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• Opus Joins Forces with Newhall Land in Valencia
3/21/03
Newhall Land, the giant Santa Clarita land owner and developer, has teamed up with Opus West Corp for the master planning and development of several designated office sites within Valencia Gateway. Opus West is part of Minnes...
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• JPMorgan Fleming Makes $150 Mil Investment in Donahue Schriber
3/20/03
Donahue Schriber, the Costa Mesa-based shopping center development and management firm, received a major boost from a long-time partner, as JPMorgan Fleming Asset Management's Strategic Property Fund has invested $150 mil in ...
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• Intense Five-Year Lease Lights Up Anaheim Industrial Market
3/20/03
Real estate activity in Orange County's industrial sector is one of the region's brighter spots, especially in markets catering to the smaller user. The following four lease transactions are indicative of this trend. Firs...
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• Caribou Off and Running with Two More Santa Ana Acquisitions
3/19/03
By Harvey Moss hmoss@rentv.com Caribou Industries Inc has added two more buildings to its extensive holdings in Santa Ana, where it either owns or manages some 2 msf of office space. The real estate construction and propert...
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• Ballpark District Looks Like a Home Run for San Diego
3/18/03
Development of downtown San Diego's Ballpark District is moving forward at a rapid clip, with construction well underway on the new Padres baseball stadium and the adjacent Omni ballpark hotel, as you can see from these cool ...
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• Opportunity Knocks at Arco Plaza
3/17/03
After a rather lengthy and complicated acquisition process (that we reported on the site earlier in the year), Thomas Property Group is the new owner of the twin, charcoal, 2.7 msf, 52-story Arco Plaza towers that had been ow...
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• Pfizer Helps Local Industry Pros Get Excited About Irvine Office Market
3/17/03
It looks like giant pharmaceutical company Pfizer is trying to cure the suffering Orange County office market by more than doubling the amount of space they currently lease at the Irvine Center Towers. According to a recent s...
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• Investor Applies a Little Unileverage in $8.6 Mil San Gabriel Buy
3/14/03
Investment and leasing activity have been a bit slow in the San Gabriel Valley, but there have been a handful of newsworthy deals so far in this first quarter of 2003. Here's a look at a few interesting transactions, starting...
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• Voit Inks Elite Deal in Brea
3/14/03
Here's an account of several sales that closed escrow in Orange County recently, and we'll begin this report in North County, in the city of Brea. Two buildings were sold in Voit Brea Business Park, representing the fourth a...
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• USA Petroleum Inks a Slick Sale/Leaseback Deal in Agoura Hills
3/13/03
Agoura Court Partners, a local investment group, acquired the Village Corporate Center, a 71k sf, two-story office building at 30101 Agoura Ct in Agoura Hills. Known to many people in the area as the former site of the Agoura...
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• RENTV Man About Town Hears of Big Tenants in the Market
3/13/03
By Steve Bloom Rentadmin@rentv.com While the majority of our discussions of tenants in the market are usually reserved for our Executive Subscribers, as part of our Hot Transactions Reports, every so often we like to throw t...
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• New Chula Vista Project is Gateway to Redevelopment of City's Historic Third Ave Di
3/12/03
Construction is finished on the first phase of Gateway Chula Vista, an $80 mil office and retail complex located at the corner of Third Ave and H St in downtown Chula Vista. Any tenants interested in this initial phase better...
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• Westcap Renews Their Westside Home at Westwood Gateway
3/12/03
We just received word on a notable lease renewal in West LA, which we'll share with you in this report, along with an update on a recent sale from the Westside. In the lease, Westcap Investors finalized a six-year renewal for...
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• March 11, 2003 - BRE Becomes More AWARE of Downtown San Diego
3/11/03
Mergers and acquisitions are typically associated with corporate America, particularly during periods of economic malaise, however, in these troubled times that strategy is also filtering down to all levels of business. And,...
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• The Irvine Company Heads to the Symphony
3/10/03
Another landmark downtown San Diego high-rise is about to trade hands, as The Irvine Company is reportedly about to close escrow on Symphony Towers, the 570k (gross) sf high-rise owned by Alecta Real Estate, a subsidiary of S...
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• CIP Spends $22 Mil for Sequels in Empire Trilogy
3/07/03
CIP Real Estate has decided to beef up its investment in the Inland Empire office market by purchasing the Empire Towers II & III office buildings in Ontario as an addition to its earlier acquisition of the Empire Towers I bu...
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• Kearny Flips Five Warner Center Properties for $17.55 Mil
3/05/03
Kearny Real Estate has been quick to follow through with their plans for the 15-property low-rise Warner Center portfolio they acquired from AEW/Harvard Endowment Fund last year, as they just sold five of the office/warehouse...
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