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• SoCal's Biggest Industry Networking Event Will be Here Soon
10/09/03
For most people across the country, October means the start of cooler fall weather, the second month of a still young football season, the World Series and Halloween. And for Southern California's commercial real estate pros ...
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• West LA Lease Deals
10/08/03
We've got a few recent lease deals of respectable size from around the Westside of LA to report to you, so we'll start in the downtown of the Westside, Century City where, let's face it, activity is picking up since over 4,00...
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• Simi Valley's Growing Up
10/08/03
What's a SoCal town these days without a retail project which calls itself the Town Center? Whatever it is Simi Valley won't be one of them for long, since the City Council last Monday approved the long awaited $300 Simi Vall...
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• October 7, 2003 - Forty Million is The Going Rate For these Two OC Properties
10/07/03
The most recent Real Estate Alert had two reports of properties in OC that are both in the forty million dollar range. One of the properties has just been put on the block, while the other recently sold. Starting with the rec...
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• Ball is on the Fairway For Santa Clarita Developers
10/07/03
Up in this bucolic (compared to LA anyway) Santa Clarita Valley, we have two deals brokered by Grubb & Ellis to report, one land sale and one office project sale. Starting with the later, which was just sent in to us a few da...
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• Genesis Announces Addition of New Lead Vocalist
10/06/03
Genesis LA Economic Growth Corporation has announced the appointment of Brad Rosenberg as its chief executive officer.
Brad Rosenberg's extensive business background, including as an entrepreneur, developer and non-profit le...
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• Bay West Acquires Temecula Heights Corporate Center
10/06/03
Bay West Equities, a San Francisco-based private real estate investment firm, has acquired Temecula Heights Corporate Center, a 223.1k sf state-of-the-art property at 42301 Zevo Dr in the Riverside County community of Temecul...
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• It's All in the Management
10/03/03
We don't often report on new management assignments, although this very competitive segment of the commercial real estate industry plays a major role in the success and profitability of any project. However, we recently learn...
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• Orange County Seller Gets Blinds-Sided in $2 Mil Deal
10/03/03
How does that saying go? A week without fresh-squeezed Orange County sales comps is like a day without sunshine. Anyways, here's a quick review of some recent bread-and-butter sales from behind the Orange Curtain. We'll lead ...
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• Barker Pacific Picks Up another Downtown LA Building
10/02/03
LA-based Barker Pacific Group has acquired a 148.7k sf office building at 626 Wilshire Blvd in downtown Los Angeles from AEW Realty Advisors, a funds advisory firm out of Boston. The 12-story property, built in 1966, is locat...
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• Development Activity Continues in the Inland Empire
10/02/03
About two years ago, our founder Steve Bloom wrote a Bloom's Fumes that talked about how the City of Riverside had tremendous upside and would provide strong returns for real estate investors there. Here's news of two develop...
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• October 1, 2003- Symantec and State Make Big West LA Land Buys
10/01/03
Symantec, the big computer programming company that years ago bought the Norton brand of computer virus and security products, this month concluded its multi-year analysis of its long-term LA real estate needs by purchasing a...
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• The Good Cook is the New Pride of Rancho Cucamonga
9/30/03
With a November completion scheduled, Bradshaw International, a leading marketer of kitchenware, is well along with the construction of a 450k sf distribution facility next to its current 300k sf HQ building on Buffalo Ave in...
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• Shidler Group Opens $35 Mil Account at Washington Mutual
9/30/03
Another downtown San Diego office tower has traded hands, as The Shidler Group acquired the Washington Mutual Tower, an 18-story high-rise office building located at 707 Broadway in downtown's central business district. The b...
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• Arden Inks Key Deal at Westlake Village Building
9/29/03
For those of you who follow the office market in the Conejo Valley, here are a couple of recent comps from Westlake Village. In the first deal, Shea Homes, one of the country's largest homebuilders, leased 14k sf at Westlake...
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• Birtcher Cracks Open a Corona
9/26/03
Construction has begun on Corona Crossroads, a 41-acre, 768.5k sf master-planned business park located on Sherborn St, at Magnolia Ave in Corona. Developed by Birtcher Commercial Development Group, a division of the Birtcher ...
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• CapitalWerks in Orange County's South Coast Metro Area
9/25/03
Leasing activity in Orange County certainly ain't dead, as we've been getting and clipping an increasing number of notes about leases getting signed. More of these deals, we should note, are of less than five years, and wheth...
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• An Apple a Day Leads to Healthy $4 Mil Buy in West LA
9/25/03
In the Corporate Pointe section of Culver City, up on Fox Hills off Slauson Ave, Amberjack Ltd, a subsidiary of State Farm Insurance, has sold the two office buildings at 200 and 300 Corporate Pointe. The buyer was Praedium G...
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• San Diego Sales Report Centers on Two Centers
9/24/03
September's been an active month for buyers and sellers of mid-size, say $2 - $10 mil, commercial properties in LoCal, with the following deals providing evidence of that fact. Demand still is strong for buyers of office, ind...
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• SCI Properties not Jaded by $22 Mil Office Buy
9/24/03
SCI Properties closed on a San Fernando Valley office buy, as the investment firm paid $22.2 mil for Jade Corporate Plaza, a four-building, 131k sf ($169/sf) complex at 15451-15515 San Fernando Mission Blvd. Located at the ju...
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