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• Bentley Forbes and Tishman Speyer Closing on Major SF Valley Office Buys
4/01/03
A few major office sales are brewing in the San Fernando Valley, a couple of which are in the Warner Center area of Woodland Hills while another is at the other end of the Valley, in Burbank. The bigger of the Warner Center d...
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• Beyond the Valley of the Industrial Deals
4/01/03
Here's a review of three industrial sales, two in Oxnard and one in San Fernando, which we lumped together in this brief report. We'll start with the San Fernando deal, as W. Machine Works paid $2 mil for a 25k sf ($80/sf) bu...
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• No Hanging Chads in this Victory for the Gores
3/31/03
Here's the news of a major property sale that we gave a lot of coverage to when it went into escrow but did not follow up to tell you about the closed sale. The property is the glamorous and ritzy former Global Crossings camp...
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• Overton Moore to Sell Cross Pointe, Start Phase II of CommerceCentre@Buena Park
3/28/03
We just got the scoop on a major sale in the South Bay, as Diagnostic Products Corp has agreed to purchase Cross Pointe, Overton Moore's recently completed 170.5k sf creative/office project at 11855 S. La Cienega Blvd. The tw...
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• Home and Holmes Find New Homes in the Inland Empire
3/27/03
One of the largest buildings in the Inland Empire was just leased by The Holmes Group, a fully-integrated consumer products company based in Massachusetts, which signed a five-year, $14 mil deal for an 827.6k sf ($0.28/sf/mo)...
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• BofA Finds a New Downtown HQ at BP Plaza
3/26/03
Bank of America will be relocating their National Consumer Banking and California HQ offices in downtown LA, after agreeing to a long-term lease for about 163k sf at 333 S. Hope St, the landmark Bunker Hill skyscraper current...
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• Muller and Rockwood Pay Near $70 Mil for a Great Bayview
3/25/03
A trophy Orange County office property traded hands, as a partnership made up of The Muller Company and Rockwood Capital Corporation purchased 100 Bayview, a 316.8k sf office complex in Newport Beach made up of twin six-story...
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• Opus West Goes for a Nice Pair of Chinos
3/24/03
Demand for large, modern distribution facilities in the Inland Empire remains strong, as evidenced by recent announcements of new projects in the region from Opus West and Western Realco.
In Chino, Opus West, the southwest ...
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• St Bernard is Now the Big Dog at Carmel Corporate Plaza
3/24/03
A five-year lease for 54.5k sf of office space at Carmel Corporate Plaza heads up this latest update of recent lease comps from San Diego County. In this first deal, St. Bernard Software, a global provider of security solutio...
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• Opus Joins Forces with Newhall Land in Valencia
3/21/03
Newhall Land, the giant Santa Clarita land owner and developer, has teamed up with Opus West Corp for the master planning and development of several designated office sites within Valencia Gateway. Opus West is part of Minnes...
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• JPMorgan Fleming Makes $150 Mil Investment in Donahue Schriber
3/20/03
Donahue Schriber, the Costa Mesa-based shopping center development and management firm, received a major boost from a long-time partner, as JPMorgan Fleming Asset Management's Strategic Property Fund has invested $150 mil in ...
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• Intense Five-Year Lease Lights Up Anaheim Industrial Market
3/20/03
Real estate activity in Orange County's industrial sector is one of the region's brighter spots, especially in markets catering to the smaller user. The following four lease transactions are indicative of this trend.
Firs...
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• Caribou Off and Running with Two More Santa Ana Acquisitions
3/19/03
By Harvey Moss
hmoss@rentv.com
Caribou Industries Inc has added two more buildings to its extensive holdings in Santa Ana, where it either owns or manages some 2 msf of office space. The real estate construction and propert...
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• Ballpark District Looks Like a Home Run for San Diego
3/18/03
Development of downtown San Diego's Ballpark District is moving forward at a rapid clip, with construction well underway on the new Padres baseball stadium and the adjacent Omni ballpark hotel, as you can see from these cool ...
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• Opportunity Knocks at Arco Plaza
3/17/03
After a rather lengthy and complicated acquisition process (that we reported on the site earlier in the year), Thomas Property Group is the new owner of the twin, charcoal, 2.7 msf, 52-story Arco Plaza towers that had been ow...
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• Pfizer Helps Local Industry Pros Get Excited About Irvine Office Market
3/17/03
It looks like giant pharmaceutical company Pfizer is trying to cure the suffering Orange County office market by more than doubling the amount of space they currently lease at the Irvine Center Towers. According to a recent s...
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• Investor Applies a Little Unileverage in $8.6 Mil San Gabriel Buy
3/14/03
Investment and leasing activity have been a bit slow in the San Gabriel Valley, but there have been a handful of newsworthy deals so far in this first quarter of 2003. Here's a look at a few interesting transactions, starting...
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• Voit Inks Elite Deal in Brea
3/14/03
Here's an account of several sales that closed escrow in Orange County recently, and we'll begin this report in North County, in the city of Brea. Two buildings were sold in Voit Brea Business Park, representing the fourth a...
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• USA Petroleum Inks a Slick Sale/Leaseback Deal in Agoura Hills
3/13/03
Agoura Court Partners, a local investment group, acquired the Village Corporate Center, a 71k sf, two-story office building at 30101 Agoura Ct in Agoura Hills. Known to many people in the area as the former site of the Agoura...
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• RENTV Man About Town Hears of Big Tenants in the Market
3/13/03
By Steve Bloom
Rentadmin@rentv.com
While the majority of our discussions of tenants in the market are usually reserved for our Executive Subscribers, as part of our Hot Transactions Reports, every so often we like to throw t...
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