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• Janez Buys Iowa in Riverside
4/02/04
An affiliate of Janez Properties purchased Iowa Business Park, a five-building, 138k sf office complex in the city of Riverside for $10.9 mil ($79/sf). Located at 2002-2038 Iowa Ave, the property is near the 60, 215 and 91 fr...
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• HG Fenton's Mission Valley Development Reaches New Heights
4/01/04
H.G. Fenton Company is wrapping up development of its 1 msf Mission Valley Heights project with the construction of two speculative office/R&D buildings, totaling 75k sf. The buildings are located on Lot 24, the last availa...
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• CBC WESTMAC Fills its Westside Niche
4/01/04
We've got a few first quarter West LA notes about deals and assignments by brokers at Coldwell Banker Commercial WESTMAC, the firm headed by Tim Macker that added the Coldwell Banker moniker and network affiliation within the...
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• Vista Landlord Shown the Doortech
4/01/04
Fidelity Brokerage Services inked a 10-year, $2.8 mil ($3.83/sf/mo) lease for 6.1k sf of office space in San Diego's Sorrento Hills area, at Diamante Del Mar, located at 11943 El Camino Real, south of the 56 Fwy and just east...
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• Central Coast Makes $6 Mil Acquisition of Beachport Center
3/31/04
Here's a trio of recent sales in Ventura County, starting in Port Hueneme, where Central Coast Investors purchased the 43.2k sf Beachport Center for $5.93 mil ($137/sf). Located at Ventura and Hueneme Roads, the property is a...
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• Massive Bio-Tech Development Promises Much Innovation for San Gabriel Valley
3/31/04
For many people involved in the biotech industry, when asked to think of the major hot spots in the state for biotech campuses, a couple of the cities that typically come to mind are San Diego and San Francisco. But how about...
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• Hopkins Picks Up the Ball and Runs at 157-Acre Carson Landfill
3/30/04
Newport Beach-based Hopkins Real Estate Group (HREG) has reached an agreement to acquire what is one of the largest undeveloped sites in LA County. The property is a 157-acre former landfill site within the city of Carson, ju...
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• Aerospace Parts Manufacturer Grabs North Hollywood Industrial Property
3/30/04
A private investor purchased three industrial buildings, totaling 39.8k sf, in North Hollywood for $3.8 mil ($95.50/sf). The adjacent single-story buildings are at 7332-7338 Ethel Ave and 13026 Raymer St, just north of Sherma...
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• IDS Adding Crown to Recent Spate of Development Jewels in Pasadena
3/29/04
An exciting new office development is under construction in Pasadena, as Investment Development Services (IDS) has begun work on Crown City Center, a $55 mil Class A office building that is being built on spec. The six-story,...
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• Entertainment Firm Leases Deluxe Accommodations in Burbank
3/29/04
Deluxe Media Services signed a five-year lease for 32.6k sf of office space at Burbank Empire Center, Menlo Equities' Class A office campus on Empire Ave, near the Burbank Airport. The deal, which has a total value of $4.45 m...
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• Quest for Space Ends at Fluor Campus in Aliso Viejo
3/26/04
Quest Software, the application management solutions company, has apparently finalized a solution to its own space needs by agreeing to take 135k sf of space at Fluor Corp's corporate campus in Aliso Viejo. The company will b...
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• CT and Cargill Team Up for $4.8 mil Investment in Riverside Business Park
3/26/04
There's been no let-up to the high level of investment activity in the Inland Empire. In this report we'll review a number of notable deals of late, starting in the city of Riverside, where a partnership of CT Realty and Carg...
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• Triliad Build-to-Suit Project is a Leading Industry Deal
3/25/04
Leading Industry Inc, a leader in the plastic thermoforming parts manufacturing industry and thermoform packaging, has inked $8.7 mil in leases for 195.3k sf of build-to-suit space in Oxnard. The space, which will be the new ...
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• OhioSTRS May Generate $100 Mil from Summit Sale
3/25/04
As part of our just-completed Orange County Hot Transactions report, we dug up about three dozen interesting properties on the market in the county, all of which were included with that Executive Subscriber report. However, w...
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• Castlerock Rolls into another Valencia Business Park
3/24/04
Castlerock Investments recently wrapped up a $21 mil investment in the Santa Clarita area, having purchased the Paragon Business Center, a five-building complex in the Valencia Industrial Center. The center is part of the 4,5...
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• Premier Adds a Pair of Premier Locations to Portfolio
3/24/04
Irvine-based Premier Office Centers, the fast growing executive suites owner/operator, has added another two executive office centers to its portfolio after a pair of recent acquisitions. Both new locations are in very upscal...
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• Hooters Busts into Burbank with New Restaurant at Crown's Media City Center
3/23/04
Crown Realty & Development continues to fill out their Media City Center mall in downtown Burbank, as they recently signed Hooters, the popular, family-oriented restaurant chain, which inked a long-term lease for a 6.5k sf re...
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• Nishimoto Trading Locates US Headquarters in Santa Fe Springs
3/23/04
In a deal from a month or so ago, Nishimoto Trading Company, one of Japan's oldest and largest international distributors of Asian food products, inked a $15 mil lease for a 219k sf industrial building at Golden Springs Busin...
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• Jamison Properties Picks Up Park Mile Office Building
3/22/04
Dr. David Lee's Jamison Properties, the largest property owner in the Mid-Wilshire office market with nearly 9 msf, has acquired a 46.8k sf office building in the Park Mile sub-market for $6.7 mil ($143/sf). Located at 4322 W...
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• Bixby Heads South to San Diego
3/22/04
Long beach-based Bixby Land Company likes what it sees down south in San Diego, having just paid $13.5 mil for its first acquisition in the county, a 69k sf ($196/sf) office building occupied by Hitachi Data Systems. The buil...
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