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• New Chula Vista Project is Gateway to Redevelopment of City's Historic Third Ave Di
3/12/03
Construction is finished on the first phase of Gateway Chula Vista, an $80 mil office and retail complex located at the corner of Third Ave and H St in downtown Chula Vista. Any tenants interested in this initial phase better...
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• Westcap Renews Their Westside Home at Westwood Gateway
3/12/03
We just received word on a notable lease renewal in West LA, which we'll share with you in this report, along with an update on a recent sale from the Westside. In the lease, Westcap Investors finalized a six-year renewal for...
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• March 11, 2003 - BRE Becomes More AWARE of Downtown San Diego
3/11/03
Mergers and acquisitions are typically associated with corporate America, particularly during periods of economic malaise, however, in these troubled times that strategy is also filtering down to all levels of business. And,...
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• The Irvine Company Heads to the Symphony
3/10/03
Another landmark downtown San Diego high-rise is about to trade hands, as The Irvine Company is reportedly about to close escrow on Symphony Towers, the 570k (gross) sf high-rise owned by Alecta Real Estate, a subsidiary of S...
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• CIP Spends $22 Mil for Sequels in Empire Trilogy
3/07/03
CIP Real Estate has decided to beef up its investment in the Inland Empire office market by purchasing the Empire Towers II & III office buildings in Ontario as an addition to its earlier acquisition of the Empire Towers I bu...
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• Kearny Flips Five Warner Center Properties for $17.55 Mil
3/05/03
Kearny Real Estate has been quick to follow through with their plans for the 15-property low-rise Warner Center portfolio they acquired from AEW/Harvard Endowment Fund last year, as they just sold five of the office/warehouse...
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• Voit Locks Up Record OC Industrial Buy in Steelcase
3/04/03
In what we're being told is the biggest industrial sale in Orange County history, Voit Development Company has acquired the 1 msf former Steelcase facility, the largest building in the Irvine Business complex, which is at 112...
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• British Group Makes Fashionable Investment in Downtown LA
3/03/03
Here's an update on a story we reported about a month ago, which mentioned that a Hertz Group-led investment partnership was shopping their giant 3 msf California Market Center showroom complex in downtown LA. The latest news...
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• Defense Contractor Goes on Offensive in Warner Center
2/28/03
ATK, a leading defense contractor formerly known as Science and Applied Technology, solidified their long-term plans to remain in the San Fernando Valley's Warner Center area by inking a pair of 10-year leases, for a total of...
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• Hagar Pacific Distributes $10 Mil for Giant Hesperia Distribution Facility
2/27/03
Here's a follow-up about a property we've been reporting as “on the market” for some time now, that being the former Heilig-Meyers distribution facility in Hesperia. Hagar Pacific Properties, a SoCal-based real estate investm...
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• TA Associates Shags La Mirada Carpet Distribution Facility
2/26/03
Beaulieu of America, through a limited partnership, has sold a 254.4k sf industrial building at 15300 Desman Road, south of Alondra Blvd in La Mirada, to TA Realty Associates, for $16 mil ($63/sf). The transaction was part of...
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• Santa Monica Landlord has the Midas Touch in Entertainment Industry Lease
2/25/03
New leasing activity continues to percolate in the Westside city of Santa Monica, one of the hardest hit areas during the dot.com meltdown a couple of years ago, and we've got a couple of recent lease examples to share with y...
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• CT Spruces Up Its Portfolio with $5.3 Mil Riverside Office Buy
2/25/03
Here's the latest activity update from the Inland Empire, as we've got a pair of recent deals to report. In one, A & R Packaging and Distribution Services, a leading packaging and redistribution company, has inked a five-year...
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• SoCal Air Conditioning Co Inks Cool Five-Year Deal in Kearny Mesa
2/24/03
Burnham Real Estate Services*ONCOR International has had a busy month down San Diego way, and the company has announced several recent lease transactions around the county. Let's visit these in order of total consideration, ...
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• Investors Take Off From Airport Business Park with Pair of Trophy Buildings
2/21/03
Largent Group, an LA-based investment firm, picked up two industrial buildings at the new Airport Business Park in Van Nuys in a transaction worth over $13 mil ($81/sf). The buildings, a 99k sf structure at 7620 Airport Busin...
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• Santa Ana Office Buy is a Capital Idea
2/21/03
Here's a quick rundown of some recent Orange County sales comps, kicked off by news of an $8.4 mil buy of a 95.9k sf ($88/sf) building at 901 W. Civic Center Dr, west of the 5 Fwy by Flower St in Santa Ana. The buyer, Santa A...
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• Swig Company Un-Earths Major Downtown Long Beach Office Lease
2/20/03
There is a lot going on – real estate-wise -- in Long Beach these days, in addition to Developer Diversified Realty's two exciting new mixed-use projects, CityPlace and The Pike at Rainbow Harbor. As evidence, we've got a pai...
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• Kearny Reaches Zenith at Warner Center Business Park
2/19/03
In business circles these days, the hype is about the country's current economic malaise, led by the struggling stock market and slack in the general business community. And commercial real estate observers also decry the cu...
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• To CB or Not to CB, That Was the Question
2/19/03
Putting an end to what has undoubtedly been the biggest source of industry scuttlebutt over the last couple of weeks or so, CB Richard Ellis and Insignia Financial Group have entered into a definitive agreement in which CB wi...
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• February 18, 2003 - Eastdil Pros Devour French and Fried Listings
2/18/03
The corporate shifting of assets can certainly be good news for the brokerage firms that step in to grease those shifts, making them as frictionless as possible. One of the best positioned at this is Eastdil Realty, the firm ...
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