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June 16, 2024
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SOUTHERN CALIFORNIA NEWS
Archive
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• Madison's Safai Brokers $57 Mil in West LA Sales
11/06/02
Office leasing may still be a bit sluggish in West LA but the investment market is heating up. Here's the scoop on three major office sales from LA's Westside, with a combined value of over $55 mil. We'll let you know up fron...
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• Company Moves: New Vegas Office is No Gamble for Voit
11/05/02
There's been some interesting company news from a couple of the top regional brokerage firms, in addition to an announcement of a new company that was just formed by a few veterans from another major real estate firm. We'll b...
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• Santa Clarita Developer Relaxes with Softub Deal
11/04/02
Here's a mixed-bag of deals from a couple of the more outlying areas around the LA Basin, those being Santa Clarita and Simi Valley. We'll start with an office lease in Simi Valley, where Financial Title Company inked a 10-ye...
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• Birtcher Venture Completes $24 Mil Office Buy in Mission Valley
11/01/02
An investment venture between Birtcher Properties and NSD Ventures paid $24.16 mil for Valley Corporate Center, a 170k sf ($142/sf) Class A office building at the juncture of I-8 and Hwy 163 in Mission Valley. The 12-story pr...
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• Investors Grab SF Valley Office Properties
10/30/02
There have been a couple of recent notable office property sales from the San Fernando Valley to report, one in Encino and the other from Glendale. In the Encino deal, an investment group shelled out $18.3 mil for Rubio Plaza...
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• Dreamworks Records Hits the Top of the Charts in Beverly Hills
10/29/02
Fall is here, kids are back in school, and businesses are doing deals again at least a few -- for office space in West LA. We've got some of the numbers to share with you about four recent Westside leases. In the first deal...
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• Triple Net Completes $11 Mil Laguna Hills Office Buy
10/28/02
We recently got word of a couple of Orange County office properties that changed hands, one in Laguna Hills and the other in the city of Orange. We'll start with the Laguna Hills deal, as Santa Ana-based Triple Net Properties...
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• October 28, 2002 - $5 Mil Land Sale is a Mega-Deal for City of Colton
10/27/02
Here's a variety of unusually diversified transactions that have been recently completed in the Inland Empire. They include both sales and leases, with principals in the non-profit, government and commercial sectors. The ...
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• Franchisee "Supersizes" New Santa Clarita Texaco Center
10/25/02
Here's a trio of unrelated transactions from in and around the San Fernando Valley, to keep you up-to-speed on the types of deals that are getting done lately. We'll start in Pasadena, where Physicians Associates of the Great...
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• San Fernando Developers Find Perfect Mold for their Refurbished Project
10/24/02
There have been some interesting transactions from the San Fernando Valley in the last couple of weeks that we've yet to cover on the site, so here goes. In Van Nuys, Connex TCT signed a $1.3 mil lease for a pair of buildings...
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• Secured Capital Investments Secures Calabasas Courtyard in $20 Mil Deal
10/24/02
There's been some office investment activity in the West San Fernando Valley/Conejo Valley area, as we've got a couple of notable recent transactions to report. The first deal is in Calabasas, a community that straddles the b...
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• Investor Picks up Vacant Mission Village Building for $6.5 Mil
10/23/02
A vacant 45.6k sf office building in San Diego's Mission Village sold for $6.5 mil ($143/sf). Located at 3990 Ruffin Rd, the property is between Balboa Ave and Aero Dr, on the west side of I-15. CAPL Building LLC is the name ...
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• Robertson Properties Signs the Total Tenant to New Pico Rivera Facility
10/22/02
In a sizable Mid-Cities deal, Total Warehousing committed to a seven-year, $5.9 mil lease for 150k sf ($0.47/sf/mo) of space at Robertson Properties Group's Pacific Gateway Business Park, a recently completed 27-acre, 550k sf...
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• We've got Two More Champions in Del Mar
10/21/02
It looks like people do like to be associated with champions, as we've got two more leases to report at Champion of the West Tower, a recently completed 82.2k sf office building at 12264 El Camino Real in Del Mar. The four-st...
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• American Eagle has Landed in Carlsbad
10/18/02
Bio Hydration Lab, the manufacturer of Penta Water, a purified drinking water enjoyed by celebrities and health conscious consumers, recently agreed to a 10-year lease for a 110.9k sf facility in Carlsbad. The transaction has...
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• The Shidler Group Invests $11 Mil in Science Experiment
10/17/02
The Shidler Group, the active San Diego-based commercial real estate firm, purchased a 90.3k sf office building on 4.5 acres at 15015 Avenue of Science, south of Camino Del Norte and east of I-15 in the Carmel Mountain area o...
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• Fish Distributor Floats Five-Year Industrial Lease in El Segundo
10/16/02
In an effort to keep you up-to-date on the most recent activity in the South Bay, here are a few smaller deal comps that we just learned about from El Segundo, Gardena and Torrance. In the El Segundo deal, Biolink, an importe...
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• Overton Moore and Sares-Regis Each Close $40 Mil SoCal Deals
10/16/02
There's been a lot of excitement in Orange County in the past week or two, and we're not speaking about baseball games at the Big Ed. We've got a just-completed $40 mil real estate lease to report from Orange County, along wi...
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• North Hollywood Office Property Fetches $11.5 Mil
10/15/02
We've got news of a pair of notable office sales from the eastern side of the San Fernando Valley. One of the transactions was in North Hollywood, where Younan Properties bought a 72.7k sf building at 4640 Lankershim Blvd, no...
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• Arden Realty has a Cow
10/14/02
For those of you tracking office lease transactions in LA's Westside, here are a handful of small deals, recently closed by the West LA office of Beitler Commercial Realty Services. Unfortunately, we don't have the terms in a...
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