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• Guiding Hands Leads Investor to $5.5 Mil Buy in San Diego's Lakeside Area
5/13/04
A 13.7k sf industrial building in Carlsbad traded hands for $2.8 mil ($204/sf). The facility is located within the Carlsbad Research Center, at 1545 Faraday Ave, west of College Blvd and south of El Camino Real. The buyer was...
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• RREEF Pulls $9.2 Mil out of the Clauset
5/13/04
In a Santa Ana industrial buy, the Benedetti Company paid $9.2 mil for three buildings with a combined 103.5k sf ($89/sf) of space. Located within the Clauset Business Park, the buildings are at 3030 S. Shannon, 4011 W. Carri...
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• Investment Firm Spots a Not-So-Wooly Mammoth in Encinitas
5/12/04
Mammoth Equities Capital Group LLC has purchased Mammoth Professional Building – Encinitas West, a 30.7k sf Class A office building at 171 Saxony Rd in Encinitas. The multi-tenant building was constructed in 2003 on 1.55 acre...
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• $14.5 Mil Poway Buy was Foremost Priority for Laguna Beach Firm
5/12/04
There continues to be a steady stream of investment sales deals from San Diego County, with one of the more notable transactions being Foremost Business Parks' recent $14.5 mil purchase of Napoli Business Park, a six-building...
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• Lincoln Properties/Praedium Group Acquires Dreamworks Office Building for $33 Mil
5/11/04
In a recent West LA office sale, a partnership made up of Lincoln Properties and Praedium Group LLC acquired the 80k sf former Dreamworks HQ building in Beverly Hills for $33 mil ($412.50/sf). Built in 2000, the three-story s...
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• Union Bank Building Reportedly about to Sell for $144 Mil
5/11/04
There have been a few deal notes from around downtown LA over the past month or so that we thought we'd get you caught up with in this report. We'll start with the scoop on a big sale, that being the 646k sf Union Bank Buildi...
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• Pinewave Sweeps Ontario
5/10/04
Here's a quick update about a pair of newsworthy new industrial projects in western San Bernardino County. One of the developments, which just broke ground, is Pinewave Development Group's Grove Avenue Business Park, a 23.8-a...
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• Grand Ave Plans Analyzed by Students, Dissed by LA Times
5/07/04
By Steve Bloom
One real estate topic that's become a hot one over the past few months, and rightfully so, has been the plans for several large sites along Grand Avenue in Downtown LA owned by government entities. As the Gran...
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• Arden Signs another Blockbuster at Howard Hughes Center
5/06/04
Here's a trio of recent Westside office comps for those of you who like to keep up on the latest activity from this more upscale part of Los Angeles. In the first transaction, the law firm of Hinshaw & Culbertson agreed to a ...
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• Latest Kearny Mesa Lease is Ultrasigns of the Times
5/05/04
There continues to be significant leasing activity throughout San Diego County, and in this update we'll take a look at a number of recent transactions. We'll start in Kearny Mesa, where a trio of deals, for a combined 89k sf...
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• Kilroy Loses Latest Round in Effort to Prevent Development of El Segundo Campus
5/05/04
Here's an update on a news story that RENTV has been covering extensively for the past couple of years, that being Kilroy Realty's repeated efforts to block Thomas Properties Group from developing its Campus El Segundo projec...
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• Cushman & Wakefield gets a Cheli Reception from L&B Realty Advisors
5/04/04
Dallas-based L&B Realty Advisors Inc has retained Cushman & Wakefield to manage and lease Cheli Distribution Park, a 1.8 msf industrial business park in mid-cities community of Bell. Built from 1978 to 1981, the 74-acre Cheli...
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• Financing Notes
5/04/04
Let's take a quick look at a number of recent California financing deals. We'll start in LA's Miracle Mile area, where George Smith and Joel Simaie of George Smith Partners arranged $17 mil in construction financing for the c...
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• CommonWealth in Need of the Uncommon Costa Mesa Tenant
5/03/04
It was about nine months ago that CommonWealth Partners put out the press release about its plans to develop a new high-rise at its Two Town Center complex in Costa Mesa, unveiling the design by Scott Johnson from Johnson Fai...
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• Black & Decker has the Right Tools to Assemble 543k sf Build-to-Suit Deal in Rialto
4/30/04
The Inland Empire is one of the fastest growing regions in the country, in terms of population and new business, and much of the area's continued success is due to the continued strong demand for warehouse and distribution fa...
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• Lego Land is a Gem of a Deal at Over $5 Mil
4/30/04
Cruzan/Monroe, the 1-1/2-year-old real estate investment and development firm led by Dennis Cruzan and Philip Monroe, just closed on its eighth commercial real estate investment, having paid $5.565 mil for a 56.8k sf ($98/sf)...
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• Overton Moore Gets Lucky in Buena Park
4/29/04
Overton Moore Properties (OMP), the long-time SoCal developer of industrial business parks, has just wrapped up construction on another state-of-the art development, Commerce Centre @ Buena Park Phase II. The 432k sf warehous...
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• Duesenberg Recruits Korn/Ferry at 1900 Avenue of the Stars
4/29/04
Korn/Ferry International, one of the world's leading search/recruitment firms, inked an 11-year, $15 mil lease for 40.2k sf ($2.83/sf/mo) of space on the 26th and 27th floors at 1900 Avenue of the Stars in Century City. Korn/...
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• San Diego Buyers Make $7.6 Mil Investment in Arte
4/29/04
In this report, we've got a trio of notable office sales from San Diego County to review, starting in the Mission Village area, where investors paid $22.2 mil for Olympia Plaza, a 127.8k sf ($174/sf) office campus at 3870, 38...
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• Financing Notes
4/28/04
Newmark Realty Capital, the SF-based full-service commercial real estate mortgage banking firm, has just opened a regional HQ office in LA, to be staffed by five veteran mortgage pros, each averaging over 20 years of experien...
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