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• Continental Keeps Unocal at El Segundo Park
9/09/04
In one of the biggest leases signed so far this year in El Segundo, the South Bay city that hugs the south side of LAX, Unocal Corporation, one of the world's leading independent natural gas and crude oil exploration and prod...
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• Private Investor Pays $7 Mil for New Food Court in Warner Center
9/09/04
A private investor paid $7.15 mil for LNR Warner Center Food Court, a new 10.5k sf ($681/sf) retail center located at 5780 Canoga Ave in the Warner Center area of Woodland Hills. Irvine-based developer Lennar Partners, a div...
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• Construction Started on New 171k sf Facility for John Paul Mitchell Systems
9/09/04
John Paul Mitchell Systems, one of the leading manufacturers and distributors of hair- and skin-care products, has begun construction on a new 171k sf facility in Santa Clarita, which will enable the firm to expand its region...
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• The Price was Right in $6.5 Mil Lease at Watson Industrial Center South
9/08/04
Price Transfer, a logistics/distribution firm based in the South Bay, has inked a five-year, $6.5 mil for an additional 219.6k sf ($0.49/sf/mo) of space in Watson Industrial Center South, more than doubling its space at the c...
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• Japanese Travel Service Firm Plans 10-Year Visit to Gardena
9/08/04
Kintetsu International, a Japanese-owned global travel service network, has leased 18k sf of office space in Pacific Pointe Tower, located at 879 W. 190th St in Gardena, for consolidation of its U. S. headquarters. The 10-yea...
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• September 7, 2004 - Nothing Common About Corona Commons
9/07/04
The Inland Empire continues to experience serious demand for all types of real estate that can be constructed there, and no city is growing up like Corona. Once one gets past the beer name, one learns about the pro business b...
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• Northrop Inks Five-Year Deal for Santa Barbara Space
9/07/04
Northrop Grumman inked a five-year lease for 14k sf of research and development space at the Cabrillo Business Park in Goleta, just north of Santa Barbara. The deal is valued at over $2 mil ($2.38/sf/mo).
Steve Fedde, vice ...
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• Bedrosian Tile Picks Up Vista Retail Building for $10 Mil
9/07/04
Bedrosian Tile, through a related entity called Bedrosian Vista LLC, has purchased a 105k sf retail building in Vista for $10.2 mil ($97/sf). The building, which is located at 1725 Hacienda Dr, south of the 78 Fwy and east of...
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• Real Estate Equity Firm Extends Its Broadreach to Culver City
9/03/04
Broadreach Capital Partners LLC acquired Park Place, a 157k sf office campus in the West Los Angeles market of Culver City. The 16-building complex, which sold for $27.25 mil ($173.50/sf) is located at 6001-6095 Bristol Pkwy...
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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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