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June 22, 2024
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SOUTHERN CALIFORNIA NEWS
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• San Diego Deal Review Covers the County
9/20/01
It's been a couple of weeks since our last San Diego report, so here's a review of some recent activity since then. We'll start with a sizable lease in Kearny Mesa, as San Diego/Imperial Counties Developmental Services signed...
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• A Lompoc Deal
9/19/01
We recently got word of a sizable deal in Lompoc, a California city that we've not really covered on the site before. For those of you not familiar with this SoCal community of around 40,000 people, you'll find it situated in...
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• Trillium Fetches $134 Millium
9/19/01
Another major SoCal office property was just sold, as Beacon Capital Partners has closed escrow on the 578k sf Trillium towers complex in the Warner Center area of the west San Fernando Valley. The development, located at 630...
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• Allianz Spends $29 Mil in Big Walmart Sale
9/18/01
Investors continue to show strong interest in well-located distribution properties, as evidenced by the recent sale of another 700k+ sf industrial facility in the Inland Empire. In this latest deal, Westport, CT-based Allianz...
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• Legacy and Whitehall Sell Second Westside Office Property in the Last Month
9/18/01
Legacy Partners has completed the sale of a second office property in the Playa Vista area over the last few weeks, as they just sold Marina Corporate Centre, a six-story, 88.2k sf building, to El Segundo-based Summit Commerc...
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• West LA Tenants on the Move
9/17/01
There has been some recent tenant activity on LA's Westside to let you know about, starting with First Union Securities' five-year deal for 11.4k sf at 1901 Avenue of the Stars. The 480k sf tower was purchased a couple of yea...
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• West LA Stories
9/14/01
There have been a number of interesting deals on LA's Westside over the last week or two for us to report, starting with a couple of notable sales. In one, the Peg Yorkin Trust purchased a 10.5k sf single-story office buildin...
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• In and Around the San Fernando Valley
9/13/01
It's been a little while since we've reported on the San Fernando Valley and areas beyond, so we'll begin this report out west, in the Conejo Valley, and then proceed into the San Fernando Valley and even up to Valencia, for ...
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• Santa Fe Springs Owner Stylin' After Latest Signing
9/12/01
In recent news from LA's Mid-Cities area, Styles for Less, a California-based clothes retailer, has leased a new 77.6k sf industrial building at the Golden Springs Business Park, a multi-tenant complex in Santa Fe Springs. Th...
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• CIP Makes $10 Mil Inland Empire Buy
9/10/01
Here's an update on a few recent sales from the Inland Empire, starting in Ontario, where CIP Real Estate purchased the 12-building Milliken Business Center, located at the corner of Milliken Ave and Lowell St. The 157.7k sf ...
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• Industrial Deals Keep Rolling Along in Orange County
9/07/01
Here's a rundown of a few recent deals in Orange County, starting with a fairly significant sale transaction, as L&B Realty Advisors, the big institutional owner out of Dallas Texas, last week acquired the two-building, 245.5...
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• RREEF Acquisition in Carlsbad Leads San Diego Activity Review
9/07/01
For those of you interested in keeping up-to-date on as much activity as possible in San Diego County, here's a number of newsworthy transactions from the last month or two that we've not yet reported on the site. First, we'l...
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• New Industrial Buildings in La Puente and Irwindale are Going Fast
9/06/01
There has been quite a bit of activity at the eastern edge of the San Gabriel Valley, in the communities of La Puente and Irwindale. We mentioned a number of big Irwindale transactions in a couple of recent articles, so we'll...
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• L&T, R&D, and F&B Invest in LA's Mid-Cities Area
9/05/01
There have been a few sales over the last month or so from LA's Mid-Cities area that we need to report, but first we'll mention a lease that we just learned about. International Paper signed a three-year, $1.1 mil deal for 5...
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• Equity Planning 1.1 msf Orange County Office Development
9/04/01
Two of the nation's biggest commercial real estate companies feel confident enough about Orange County's office market that they're pushing forward plans for major new developments. Or at least they feel hopeful enough that t...
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• That's Intertainment in West Hollywood!
8/31/01
Here's a trio of recent West LA lease comps to check out before heading off for your big Labor Day weekend. In the first deal, two entertainment industry businesses, Intertainment AG and Kopelson Entertainment, leased 22k sf ...
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• Shidler Not Shy About San Diego Deal Opportunities
8/30/01
Although pure office market leasing seems to have slowed significantly so far this year, there's still a lot of life left in other segments of the industry in San Diego County. As evidence, here's a compilation of a number of...
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• Transportation and Insurance Drives Downtown LA
8/29/01
Aon Corporation, the Fortune 500 insurance brokerage company whose name connotes oneness and unity, has decided to unify their LA presence by fulfilling their additional space needs at the same Class A building they've been i...
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• A Big Glass of Orange News Juice
8/28/01
While much of the media's focus has been on the activity slowdown throughout Orange County, there are still a lot of deals being done around the region, especially in the sub $5 mil range. Here's a rundown of some recent tran...
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• Rancho Pacific Decides to Try Athalon Centre
8/28/01
In one of the bigger Inland Empire office deals so far this year, Rancho Pacific Development has acquired a 79.6k sf two-building complex, known as The Athalon Centre, for approximately $9.85 mil ($124/sf). The property consi...
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