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• BentleyForbes Spreads the Cash Around on Fertilizer Facility
4/02/02
In a major Temecula transaction, BentleyForbes has purchased a 412.6k sf industrial facility, built and occupied as the manufacturing and distribution headquarters for The Scotts Company, a producer of seed and fertilizer spr...
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• The RENTV Real Estate Man about Town
4/01/02
We'll end the month of April with a review of some of the events you may have seen us at over the past month, around SoCal. We'll start close to home, in El Segundo, about a month ago, when about 60 top brokers from around th...
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• No April Fool's, Green Office Building at Santa Monica/405 Leased & Sold
4/01/02
We thought hell must have frozen over when we heard it was happening, and you know what, we still didn't believe it until we saw the news item in the LABJ this weekend. And what rocked our world was the fact that the 78k sf o...
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• Red Sea Parts With Over $40 Million for Hawthorne Facility
3/30/02
Red Sea Group, an Israeli real estate firm (no relation to Blue Man Group) with a U.S. office in Dallas, picked up the former Northrop Grumman Corporation building in Hawthorne currently leased to AT&T Corporation. The 288k s...
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• Everyone's a Winner after Alexion Results in Sorrento Valley
3/29/02
We'll open this San Diego County lease review in Sorrento Valley, where Alexion Pharmaceuticals took 25k sf, in a 10-year, $7.84 mil ($2.61/sf/mo) transaction at 3985 Sorrento Valley Blvd, just east of the intersection of the...
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• Here's a Chance to Fall into the Gap
3/27/02
We've got more news to report from some of the areas a bit further on the outskirts of the L.A. Basin, those being the Ventura County communities of Simi Valley, Newbury Park, Oxnard and Ventura. We'll begin with an industri...
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• Investor Pays $4.3 Mil for West Covina Office Park
3/26/02
Here's an update on a couple of acquisitions from the San Gabriel Valley. Our first deal is in West Covina, where a West LA-based private investor paid $4.3 mil for Cameron Office Park, a 44.9k sf ($96/sf) office complex at 1...
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• Cardiovascular Group Pumps Up Beverly Hills Building
3/25/02
In Beverly Hills, the Cardiovascular Medical Group of Southern California signed a seven-year, $4.1 mil renewal lease for the 12.3k sf ($3.97/sf/mo) they've been occupying at 414 N. Camden Drive. The 12-story, 63.8k sf buildi...
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• Shoppers not Allowed at Kohl's New 652k sf Fontana Building
3/22/02
Continued strong demand for distribution parks in the Inland Empire has prompted Newport Beach-based Western Realco to announce plans for a new 227-acre business park in Redlands, which reportedly will be one of the largest p...
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• Voit Development Breaks Ground on Brea Business Park
3/22/02
Voit Development Company has broken ground on Voit Brea Business Park, a 530k sf spec industrial business park, reported to be the largest project of its kind in Orange County in more than a decade. The project, which sits on...
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• Mid-Valley Deal Duo
3/21/02
We've got a pair of recent leases from the heart of the San Fernando Valley. The first deal is in Reseda, where Dialog Foundation has inked a five-year, $1.7 mil lease for a 27k sf ($1.05/sf/mo) building at 18238 Sherman Way,...
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• Milgard Windows Finds the Perfect Fit With Bugle Boy
3/20/02
Here's an update on a building we've mentioned previously as being available, that being the former Bugle Boy Jeans facility in Simi Valley. The 237k sf building, located at 355 E. Easy St, is no longer available as it was le...
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• MetLife to Test Downtown LA Investment Market
3/20/02
For those of you still undecided about whether the investment market in downtown L.A. has picked up, it looks like there's a major new listing on the block that may provide a better gauge as to the health of the market. Accor...
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• Pharmaceutical Company Has Carlsbad Landlord Feeling Better
3/19/02
We've got a couple of significant deals at Rio San Diego Plaza in Mission Valley to lead off our latest San Diego lease review, starting with Washington Mutual's five-year, $4.8 mil deal for 33k sf ($2.42/sf/mo) of office spa...
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• Newport Beach Investors Storm the Citadel
3/18/02
There's a big sale brewing in the City of Commerce, as Newport Beach-based Craig Realty Group (CRG) is in the process of acquiring the Citadel Factory, at a price reported to be around $50 mil. The property consists of a 147k...
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• Equity Rings up $41 Mil Law Firm Lease at 550 S. Hope
3/16/02
Chalk up another big law firm deal in downtown Los Angeles, as the firm of Howrey Simon Arnold & White signed a 14-year extension on its existing lease, which increases the firm's office space from 63k sf to 100.5k sf. The la...
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• Long Beach Office Towers seem to be a Hot Commodity
3/15/02
Real Estate activity in the South Bay has been showing signs of heating up a bit so far this year. Not only has there been a consistent flow of distribution deals in the Carson/Rancho Dominguez area, but investors seem to be ...
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• Oxnard Landlord Enjoys a Nice Sunwize Deal
3/14/02
It's been a while since we've visited the Conejo Valley, so let's update you on some recent activity in this happening SoCal region. We'll begin in Thousand Oaks, where Sima Management Corporation, a Santa Barbara-based inves...
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• Shidler Collects $13 Mil from Sale of Rio Vista Building
3/13/02
The Shidler Group, the San Diego-based investment and management company, recently sold one of their office properties, that being Rio Vista Plaza, one of two buildings that make up Mission Valley's Rio Vista office complex. ...
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• Voit Duo Brokers $10.5 Mil City of Industry Sale
3/12/02
We've got a big industrial sale to report from the City of Industry, as a private investor paid $10.5 mil for Industry Business Center, a 152.4k sf ($69/sf) multi-tenant business park at 15302-15364 Valley Blvd, between Turnb...
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