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• Sunset Blvd Building to Wear the Union Label
5/07/03
Here's a trio of recent $3 mil sales from LA's Westside, in Hollywood, Santa Monica and West LA. To start, we'll take a look at the Hollywood deal, as the International Cinematographers Guild (ICG) inked a $3 mil purchase of ...
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• Has the CCDC Killed the East Village Square Project?
5/06/03
As construction on the new Padre ballpark moves closer to completion, it seems that one of the key uses in the mixed-use mix, office space, may be in jeopardy after a recent decision by the Centre City Development Corp's boar...
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• Proficiency to Redevelop Santa Fe Springs Site
5/05/03
Demand for industrial space in the eastern L.A. city of Santa Fe Springs remains strong, despite the limited opportunities for new development, which has led developers to seek redevelopment projects for well-located infill s...
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• Barker Pacific Enters San Diego with Loaded Chamber Building
5/05/03
Hamilton Capital Partners, an LA-based affiliate of Barker Pacific Group, acquired The Chamber Building, an award-winning 173.7k sf office building in downtown San Diego, for about $20 mil ($115/sf). Located at the corner of ...
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• Principal Hits a $52.5 Mil Home Run at the Stadium
5/02/03
Here's the info on a hefty Orange County office buy from a couple of weeks ago, as Principal Real Estate Investors picked up Stadium Gateway, a 273k sf Anaheim development completed in October of 2001 by a JV of Summit Commer...
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• There's a Fine Arts to Selling Classic Office Buildings in Downtown LA
5/01/03
Here's the scoop on some office properties for sale that may be a bit off the beaten path when compared to the newer Class A high-rises on the market that we discussed in yesterday's news. The following buildings, soon to tra...
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• Investors Hear Clear Signal that MCI Center is Back on the Market
4/30/03
The sales market continues to remain pretty active in Downtown LA, especially among the B class buildings and some of the older historic buildings. In fact, there is too much activity to cover in one article, so below is the ...
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• Here's the Scoop on Half a Dozen Firms Searching for Space in Downtown LA
4/30/03
Researching our just-posted downtown L.A. Hot Transactions report, RENTV unearthed a number of leads about some tenants said to be looking for new digs in the Central City. To pique your interest, we'll pass on a few of thos...
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• Older San Fernando Valley Building Gets a Nukote
4/30/03
There have been a couple of notable leases recently around the periphery of the San Fernando Valley, with one deal in Chatsworth and the other just north of the Valley, in Valencia. To start, we'll tell you about the Valencia...
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• Automotive Parts Distributor Gets Its Bearings in City of Industry
4/29/03
Principals of ABI Automotive Bearings, a warehouser and distributor of automotive bearings, paid $2.1 mil for a 28k sf ($75/sf) industrial building at 1361 Marion Ct, between Gale Ave and the 60 Fwy in the City of Industry. A...
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• Carmel Valley and Del Mar Heights Going from Valley to New Heights
4/28/03
Boy what swings some small, but highly desirable, submarkets can go through. Such is the case with the Del Mar / Carmel Valley submarket. Situated north of UTC in an absolutely picturesque section of San Diego County (what ar...
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• ALT Wheels Rolls into $2.7 Mil Voit Brea Biz Park
4/28/03
One of the hot spots in the somewhat slow commercial real estate market these days has been the Orange County industrial sector, which continues its robust activity, most notably in sales to both investors and users. Another...
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• Stonebridge to Take Great Care in Development of 750k sf Westside Medical Park
4/25/03
Here's a follow-up to a news item about a possible big Westside development that we mentioned a few months ago. Stonebridge Holdings, Inc, the Century City-based medical office developer, has closed on their purchase of 12 ac...
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• Union Bank Plaza Signs Elite New Tenant
4/25/03
There's been recent activity in downtown LA to let you know about, including Elite Business Centers' just signed $7+ mil lease for 32k sf in Union Bank Plaza, the 35-year-old, class B office tower at 445 S. Figueroa St — one ...
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• Golf for Health
4/25/03
Here's a great opportunity to spend a sunny (hopefully) SoCal spring day out on the links, while helping out a really great cause. The annual Real Estate Industry Breath of Life Golf Classic is being held this Monday, April 2...
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• Maxxam Takes a Janss on Upscale Santa Monica Project
4/24/03
Janss Court, a high-end Santa Monica mixed-use project was sold by Equity Office Properties, as part of a series of recent dispositions that generated a total of $67.6 mil in gross proceeds. The upscale development, which con...
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• Computer Associates Agrees to a $10 Mil Deal for a Nice Seaview
4/24/03
We'll kick off this San Diego lease review with a Sorrento Mesa deal, that being Computer Associates' $10 mil, 121-month lease for 38.3k sf ($2.16/sf/mo) of office space at Seaview Corporate Center, a four-building, 370k sf c...
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• Parker Hansen Reaches Summit in Valencia
4/23/03
Aliso Viejo-based Parker Hansen has joined forces with Pacific Coast Capital Partners in the purchase of the three-building Valencia Corporate Pointe office project in Valencia Gateway Corridor. The partnership plans to boos...
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• 13-Building PS Business Parks Portfolio Fetches $28 Mil
4/23/03
PS Business Parks has sold a 13-building portfolio, containing a total of 385k sf of space, through nine separate sales with a combined price of $28 mil ($73/sf). Eight of the properties were sold on an individual basis to ow...
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• Colliers Seeley Selected to Market El Toro Marine Station Site
4/22/03
The U.S. General Services Administration (GSA) has selected Colliers Seeley International to provide real estate marketing and disposition services for the planned near-term sale of the former Marine Corps Air Station (MCAS) ...
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