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San Diego Dealmakers 7/05/01 We've got more sales to report from San Diego County, as we lead off in Sorrento Mesa, where M.J. Trust paid $3.1 mil for a 24.5k sf ($126/sf) building at 6134 Nancy Ridge Dr, south of Mira Mesa Blvd. The 14-year-old building...
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Investors See Continued Opportunity in Inland Empire 7/05/01 Inland Empire industrial buildings continue to attract investor money, as we've got a few more recent deals to mention. We'll start in Corona, where Marshall Vinyl Windows has picked up a 127.8k sf structure, at 235 Radio Rd,...
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Seems Like Old Times, After West LA Renewal By New Times 7/03/01 Arden Realty, the West LA-based REIT, keeps ringing up the deals. We've got a couple of recent mid-size leases in two of their Westside properties to report. We'll start at 1919 Santa Monica Blvd, where State Farm Insurance l...
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DMJM Engineers Big Downtown LA Lease 7/02/01 Here's an update on a couple of ongoing Downtown LA stories that have been in the news quite a bit and that we've mentioned in previous articles on the site. First up is the big DMJM (Daniel Mann Johnson & Mendenhall) lease a...
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Deal for San Gabriel Valley Facility is Magical 7/02/01 Here's an update on a couple of recent leases in the San Gabriel Valley. In one, the Keck School of Medicine, of the University of Southern California, has elected to take more space at The Alhambra, the historic 1 msf office...
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San Diego Office, Industrial and Land Comps 6/28/01 We've got a number of recent sales to report from California's southernmost county, so we'll lead off in Otay Mesa, where Kavendish Ltd, a California limited partnership paid $8.4 mil for the 132.8k sf ($63.25/sf) first phase...
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Immigration Firm Migrates to Sherman Oaks 6/28/01 In a recent Valley lease, the immigration/naturalization law firm of Korenberg, Abramowitz & Feldun has signed a 10-year, $3 mil transaction for 11.5k sf ($2.17/sf/mo) at Washington Mutual Plaza, a 45k sf garden office buildi...
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Imagine All the Orders You Can Fulfill With a 117k sf Facility 6/27/01 Imagine Fulfillment Services has signed a 10-year, $8.2 mil ($0.58/sf/mo) lease for a 117.2k sf industrial property at 20100 S. Vermont Ave, west of the 110 Fwy and south of the 405 Fwy in Torrance. The transaction included a...
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June 26, 2001 - Notes on People and Properties Around the Greater LA Real Estate Scene 6/26/01 We'll start off our news review by mentioning the sea of office space that is now vacant in OC. Have you seen all the press lately about the exploding vacancy rate there? The Times had it on the cover of their recent Tuesday ...
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Pair of BOMA-LA Building of the Year Winners Receive Additional Honors 6/25/01 Two winners from last year's BOMA-LA Building of the Year Awards advanced to earn top honors at the international level. The properties just received awards at the Building Owners and Managers Association International's Annu...
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Shea, Parker, Essex and LNR/Werdin Lead Busy Orange County Deal Review 6/22/01 We're going to run down a number of recent Orange County deals in this report, starting with some sales activity. Our first transaction is in Santa Ana, where a partnership made up of LNR Property Corp and Werdin Corp sold th...
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Bits and Pieces From the Westside 6/21/01 Here are a few West LA deal tidbits that we've picked up from various sources over the last couple of weeks or so. To start, when is a little deal a big deal? When it is at Santa Monica Gateway, the 76k sf high-rise at 11175 ...
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RPM Investments Acquires Plaza Continental 6/20/01 Investment interest in Ontario still remains strong, as evidenced by the recent sale of Plaza Continental, a 119.9k sf office/retail complex that closed escrow at the end of last month. The buyer, RPM Investments, paid $14.15...
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San Diego Area Leasing Veterans Maintain Steady Pace 6/19/01 This latest review of activity in San Diego will focus on leases, beginning with a couple of law firm deals. The first transaction is in Torrey Hills, as the firm of Foley and Gardner signed a seven-year, $4.2 mil lease for 1...
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Inland Empire Tenants Race to Thoroughbred Business Park 6/19/01 We've got a few transactions in the warm and dry Inland Empire region to tell you about, starting with a follow-up to the Bausch & Lomb lease we mentioned last week. In this latest transaction, Keck Graduate Institute of Appl...
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One El Monte Building - $56 Mil Worth of Transactions 6/18/01 A team of Colliers Seeley and Trammell Crow pros brokered a series of transactions, worth a total of roughly $56 mil, involving a 258.6k sf building at 9320 Telstar Ave, east of Rosemead Blvd and south of the 10 Fwy in El Mon...
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$18.7 Optical Deal in the Valley is No Illusion 6/18/01 Here's news of a sizable acquisition in the West San Fernando Valley, as Optical Communication Products Inc (OCP) has purchased a 142k sf office/R&D facility at 6101 Variel Ave, between Oxnard and Erwin Streets in the Warner ...
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CT Sitting Pretty With Profit From Chatsworth Sale 6/15/01 CT Realty has sold Chatsworth Business Park, the two-building office campus at 21415 and 21615 Plummer St, between Canoga and Owensmouth Aves in Chatsworth, for $32 mil ($139/sf). The 230k sf complex sits on eight acres and i...
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San Diego Sales Report 6/14/01 Here's a rundown of a number of significant sales from San Diego County. We'll lead off in Carlsbad, where the H.G. Fenton Company paid $16 mil for the Carlsbad Crossroads industrial complex, which is located at 2720-2738 Lok...
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LA's Central City Maintains Robust Leasing Activity 6/13/01 We've got more leasing activity in Downtown LA to report, starting with another big deal at 660 S. Figueroa, the classy 24-story office tower recently acquired by Mani Brothers Real Estate Investment. In the latest lease at t...
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