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Big Players Still Trading San Fernando Valley Buildings 5/01/01 We've got a bit of a scoop on a couple of Valley office properties to let you know about. The first update is about the 60k sf Sanwa Bank Building, at 15165 Ventura Blvd, between Noble Ave and Sepulveda Blvd in Sherman Oaks. ...
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Ontario Soon to Be Home to United States' Biggest Spec Structure 4/30/01 We've got a couple of newsworthy transactions from the Inland Empire to let you know about, courtesy of Grubb & Ellis' Ron Washle. We'll start in San Bernardino, where Santa Ana-based Merritt Investment Company spent $2.65 mi...
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AT&T Dials 611 For Direct Leasing Assistance 4/27/01 The Grubb & Ellis trio of William Atha, T.C. Macker and Joe Faulkner have been appointed as the new leasing team for the 715k sf office tower at 611 W. Sixth St, formerly known as the AT&T Center. The 42-story, 32-year-old hi...
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The Padres May Be Weak But the Market's Still Strong 4/26/01 In La Jolla, the 17-year-old La Jolla Bank Building, located at 888 Prospect St, between Eads Ave and Jenner St, was sold for $21.5 mil, in a deal that worked out to $358/sf. The buyer of the three-story building, which conta...
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Spotlight on North Orange County 4/25/01 We'll start our Orange County sales report in the northern city of Brea, where Bonin Investments has made a $3.1 mil investment in a 42.5k sf ($73/sf) industrial building located at 955 Columbia St, between Puente and Berry S...
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Mid-Year Deals From the Mid-Cities Area 4/25/01 Here is a trio of recent news items from LA's Mid-Cities area, starting in the City of Commerce, where the Cushman & Wakefield trio of David Hess, John McMillan and Bob Griffith has been retained by Pacific Tube Company to ma...
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Industrial Tenants Love Those West Valley Buildings 4/24/01 There were a couple of recent Chatsworth transactions to tell you about, courtesy of Delphi Business Properties' Scott Caswell. In the first deal, speaker manufacturer M&K Sound Corporation heard of a good opportunity in the ...
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Reagan Downsizing in West LA 4/23/01 News of President Reagan's plans to vacate his Fox Plaza penthouse space, at 2121 Avenue of the Stars, sometime before or by the end of the year has been fairly well covered in the LA Times and other local media sources. With...
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April 23, 2001- East Valley Pros Supply the Edge 4/23/01 Here are a trio of recent deals in the Tri-Cities and the East Valley. In the first transaction, SupplyEdge, a supply chain information provider that was formerly known as Cogent Software, has signed a three-year, $1 mil leas...
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San Diego Update 4/20/01 This latest San Diego report includes bits and pieces we picked up from a variety of sources over the past couple of weeks. We'll lead off with a couple of sales we saw in the San Diego Transcript, starting in Carlsbad, where...
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Century City Tenant Feeling Renewed After Killer Watt Deal 4/19/01 It's time to catch up on some recent activity in LA's Westside. Even though the dot-com doldrums has created a substantial downturn for many owners in the area, there are businesses out there taking advantage of this change i...
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Cushman & Cushman & Wakefield Acknowledge Top Pros 4/18/01 Following last week's big story about the pending merger between Cushman Realty Corp and Cushman & Wakefield, which has already been agreed to in principle, we've got some significant broker accomplishments to report from eac...
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San Diego Owners Go Sale-ing 4/17/01 Finding deals in San Diego County of interest to our readers is not in the least bit taxing even at this time of year, as the commercial real estate market has not seemed to lose much of its recent steam. Beginning in North C...
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Orange County Variety Pack 4/16/01 This report features an assortment of diverse transactions indicative of the continuing active commercial real estate market in this vibrant county. We'll begin with a couple of purchase deals, starting in Santa Ana, where W...
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South Bay Takes Off With Northwest Airlines Lease 4/16/01 Since it's been a couple of weeks since we've run an update on the South Bay, here is a review of some of the more recent deals in the region. We'll start in Long Beach, where Northwest Airlines has inked a $3.4 mil, ten-year...
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San Diego Sales Report 4/13/01 The Sabre Springs region will be home to a new major Class A office complex to be built by Foster City-based Legacy Partners Commercial Inc. Legacy Sabre Springs LLC, a partnership between the developer and Lend Lease Real Es...
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Victor Valley Development Energizes the Region 4/12/01 There's a sense of new found energy in the high desert community of Victorville, as an affiliate of Baltimore-based Constellation Energy Group recently began construction here on a $450 mil, 750-megawatt electricity plant, ca...
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Is Downtown Becoming Well Endowed? 4/12/01 We've got a couple of recent deals to tell you about in Downtown LA, but first we want to pass the word about a deal rumored to be in the works over at Catellus' Union Station project. We hear that the California Endowment, w...
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Atlanta Investment Group Wants Their MTV 4/10/01 Recapping some major news around West LA, it appears that the sale of the Water Garden II project did close recently. We, along with many other news sources, reported on its eventual sale a few weeks ago to J.P. Morgan Chase ...
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Transportation Deals Drive Mid-Cities Activity 4/10/01 We've got four transactions worthy of note in the Mid-Cities to report, and we'll begin with an exceptional deal in the City of Commerce. Ernst Paper Products, a distributor of industrial packaging, inked a 10-year lease wor...
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