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September 30, 2023
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SOUTHERN CALIFORNIA NEWS
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• Has the O.C. Industrial Tide Turned?
10/29/01
Back in the spring, it seemed like each week there was a report about yet another multi-building industrial project that was getting started in North Orange County. At the time, the industrial and distribution market was soft...
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• Nothing Weird About this Science Park -- $71 Mil for La Jolla Complex
10/29/01
Investors and developers have not been shy about banking their dollars in San Diego real estate, as evidenced by the recent $70.8 mil acquisition of Torrey Pines Science Park, a 292.2k sf ($242/sf) office/R&D complex in La Jo...
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• TRW Inks Big Renewal Deal at DivcoWest's Manhattan Beach Towers
10/27/01
Following up on a story we first mentioned in early August, we just got word that TRW has finalized a new deal at DivcoWest's Manhattan Beach Towers. The giant aerospace company, which had been getting close to finishing out ...
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• It's an Orange County Lease Jamboree in Irvine!
10/25/01
Since we covered a number of the latest Orange County sales the other day, here's a look at some recent leases from the region. We'll lead off with an office deal in Cypress, as Continental Graphics signed a 10-year, $11.4 mi...
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• Latest Mid-Cities Coverage Includes a Rich Deal in Santa Fe Springs
10/25/01
Let's get you caught up on the most recent activity from LA's Mid-Cities area, as we review three hot new deals from the area. The first transaction is in Compton, as National Retail Systems, a distribution company for the re...
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• Orange County Investors Run for the Hills
10/24/01
Let's catch up on some recent commercial sales from Orange County, starting in Anaheim, where Kaiser Permanente purchased a 220k sf building at 3400 E. La Palma Ave, between Kraemer Blvd and Tustin Ave. The giant hospital gro...
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• Realco to Build Real Big Distribution Complex in Ontario
10/23/01
There have been a couple of major news pieces about big business parks in the Inland Empire to let you know about. In one, Newport Beach-based Western Realco, in conjunction with Time Square Real Estate Investors, has begun c...
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• Investors Set Sale for San Diego
10/23/01
In Carlsbad, CT Realty Corp picked up the former Callaway Golf Company headquarters building, a two-story, 53k sf building at 5931 Priestly Drive, west of El Camino Real and north of Palomar Airport Rd. CT paid $4.85 mil ($91...
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• Steady Demand for San Fernando Valley Industrial Properties
10/22/01
From an investment perspective, industrial property throughout the Los Angeles Basin continues to be one of the more attractive property types in the region. According to Lewis Horne, Senior Managing Director of the Los Angel...
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• San Fernando Valley Lease Comps
10/19/01
Here's a rundown of a few recent San Fernando Valley leases, two of which were at the east end of the region in the Tri-Cities area. We'll start in Pasadena, where Nanostream Inc became the most recent of several biotech tena...
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• RREEF Comes to a $67 Mil Crossroads in Orange County
10/18/01
While the latest major brokerage reports may point to a marked slowdown in the sale of industrial properties in Orange County, there certainly remains significant investor interest for the right opportunities. In recent news ...
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• Mar Gersten Dips into the Honeywell
10/18/01
In Torrance, Mar Canyon Gersten IIc just paid $9.5 mil for a 235k sf ($40.42/sf) industrial facility, with plans to redevelop the property into a Class A office building. Located at 2545 West 190th St, between Van Ness Ave an...
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• San Diego Deal Notes
10/17/01
We've still got a number of recent deals from San Diego that we've yet to post, as we try to get you caught up on all of the activity in this climate-controlled SoCal county. We're going to zip through them with very concise ...
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• Prudential Buys Another $25 Mil Piece of the Rock in the San Fernando Valley
10/16/01
There's been some activity to report in Sylmar, at the north end of the San Fernando Valley, as Prudential Real Estate Investors has acquired three new buildings, totaling 367.3k sf, at Royal-Clark Development's Cascades Busi...
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• Invitrogen Invigorates Carlsbad Market
10/15/01
Leading off our latest coverage of San Diego leasing activity, Invitrogen Corp, a manufacturer and marketer of molecular biology tools, has signed a 10-year, $24 mil deal for 320k sf ($0.63/sf/mo) of R&D space in the Carlsbad...
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• Legacy's Sabre Springs Lookin' Sharp
10/15/01
Legacy Partners has begun construction on Legacy Sabre Springs, a three-building, 423k sf office complex at the corner of Sabre Springs Pkwy and Evening Creek Dr North in Sabre Springs. Phase I, scheduled for occupancy in fal...
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• Westside Notes
10/12/01
We've got a few deal notes to share from West LA, starting off with a deal that isn't a deal, as we hear that Insignia/ESG's purchase of 1888 Century Park East, the 30-year-old, 487.4k sf Century City high-rise, has been call...
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• $17.6 Mil Torrey Pines Sale Leads San Diego Deal Review
10/11/01
Leading off a review of recent sales in San Diego County, we'll go to Torrey Pines, where a private investment group has paid $17.6 mil for a 91k sf ($193.40/sf) property located at 3020 and 3030 Callan Rd, east of Torrey Pin...
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• Here's a Review of Major Space Opportunities in Lake Forest
10/10/01
Hot off the press from our recently posted Orange County SpaceJamz report, here's a review of three major space opportunities in the Pacific Commercentre Business Park in the southern Orange County area of Lake Forest. For th...
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• Expansion Deals at The Alhambra Highlight San Gabriel Valley Update
10/09/01
For those of you who are especially interested in real estate activity from the San Gabriel Valley, we do have a few news tidbits to keep you going. In Azusa, the Laborers Training & Retraining Trust of Southern California, a...
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