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June 13, 2024
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SOUTHERN CALIFORNIA NEWS
Archive
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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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• Birtcher and Guthrie Add to Their Orange County Investments
4/09/01
The ongoing energy crisis in California hasn't slowed down Orange County brokers, as they continue to power up some major deals in the region. We'll lead off this latest update at the north end of the county, in Buena Park, w...
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• Dirt Deal in Downtown
4/06/01
In Downtown LA, we've got another law firm deal to report, as Weston, Benshoof, Rochefort, Rubalcava & MacCuish LLP has inked a sublease from British Petroleum (formerly Arco) for 60k sf at Arco Center, the 1.36 msf tower at ...
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• Cabot Sells 663k sf Industrial Center
4/05/01
A major Ontario industrial property has changed hands, as a partnership consisting of financial services giant USAA and San Francisco-based Newcastle Partners has purchased Jurupa Industrial Center. The partnership paid $20.5...
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• Orange County Keeps Ringing Up the Sales
4/04/01
Recent property transfers in the Orange County commercial real estate market are indicative of the continued confidence that savvy buyers have in that community. An upcoming transaction that will impact the market is Equity ...
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• Downtown Deal Diary
4/03/01
In Downtown Los Angeles, Lockton Insurance Brokers Inc just signed a 10-year lease agreement with WHTC Realty LLC to extend and expand their offices at Ernst & Young Plaza, the 16-year-old, 895k sf office tower at 725 S. Figu...
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• Deep LowCal Office and Industrial Action
4/02/01
Property continues to change hands at a fast pace in San Diego County with most of the recent transactions taking place in the city of San Diego. A four level 20k sf (net rentable) office building, located at 1495 Pacific Co...
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• Military Properties Could Be a Coup for Developers
3/30/01
A considerable amount of El Segundo and Hawthorne land, owned by the US Air Force, will soon be made available as part of a unique development opportunity. The Los Angeles Air Force Base (LA AFB) is the home of the Space and ...
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• Westside Review
3/29/01
We'll lead off this brief report on West LA with a renewal deal, as the law firm of Gilchrist & Rutter has signed a 10-year extension for 16.1k sf at 1299 Ocean Ave in Santa Monica. The 20-year-old, 186.3k sf office tower, si...
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• California Investors Shop for Deals Behind the Orange Curtain
3/28/01
There was madness in March as investors took their best shots at acquiring leased commercial properties in Orange County. We're going to run down a few recent deals, leading off with the biggest sale and continuing in dollar ...
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• News of a Couple of Big Personnel Announcements
3/28/01
We've got a couple of big personnel announcements in the region. First, in Orange County, Koll Development Company has announced that Steve Van Amburgh has been named Chief Executive Officer, as part of their plans to shift t...
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• San Diego Deal Review Makes a Run For the Border
3/27/01
Leasing deals in San Diego County have been going strong and in this account we report on a number of the most recent transactions. Starting in Carlsbad, Mardx Diagnostics leased 21.4k sf of space for R&D uses at 5919 Farnsw...
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• Transwestern Commercial Lands 700k SF Account
3/27/01
Transwestern Commercial Services, one of the largest privately-held full-service commercial real estate companies in the country, was awarded a 700k sf property management contract in Ventura County. The assignment covers a d...
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• Industrial and R&D Deals Prevail in Orange County
3/26/01
Continued leasing activity is the focus of this latest Orange County report, as we chronicle several significant deals that have recently closed. In the largest of these, Delphi Automotive Systems Corp has renewed its lease ...
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• Major Office Sales Activity Around LA
3/23/01
We've got word of some big projects in the LA area that are on the market, but first we'll update you on a recent completed sale, which is in Santa Monica. WA-based Commonwealth Atlantic Properties, an affiliate of Lazard Fre...
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• Transaction Highlights From the San Gabriel Valley
3/23/01
Here are a few recent deals around the eastern side of the San Gabriel Valley, to keep you up-to-date on activity in the region. The first transaction is in Diamond Bar, sort of at the border of the San Gabriel Valley, Orange...
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• Inland Empire Lease Update
3/22/01
We've got some info on a few recent leases in the region to let you know about. First, in Ontario, Competition Parts Warehouse signed a five-year, $2.45 mil renewal for 143.5k sf ($0.28/sf/mo) at 11680 Dayton St, within the 4...
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• Activity Review From Glendale to Camarillo
3/21/01
In this latest Valley review, we've got mostly sales to tell you about, starting in Glendale, where the Self Realization Fellowship Church realized they needed some office space, and purchased a 33k sf building. The property,...
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• There's No Deal Blackout in Orange County
3/20/01
March was an active month for commercial real estate brokerage house Grubb & Ellis in Orange County, as the company took part in several impressive transactions that we've yet to mention in earlier reports. In one of these, ...
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