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• Alberto-Culver Makes a Dash for Chatsworth Facility
9/10/03
Alberto-Culver, the big consumer products firm, signed a sizable industrial deal in the west San Fernando Valley, as they agreed to a 10-year lease for 212.6k sf of space at a Chatsworth building. The two-story facility conta...
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• $22 Mil Worth of San Gabriel Corporate Centers Trade Hands
9/10/03
The Grubb & Ellis trio of Kevin Shannon, Scott Schumacher and Mike Moore has recently closed a pair of newsworthy San Gabriel Valley office investment sales, which have a combined transaction value of about $22 mil. One of th...
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• What is The Value of Land under Hotels and Offices?
9/09/03
Transactions for land under major properties are few and far between, as most properties are not subject to ground leases. So to get three major transactions such as the ones below, all occurring within months of each other i...
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• Corona Industrial Buy is a Titan of a Deal
9/09/03
Long Beach-based Bixby Land Company recently acquired two buildings, occupied by nationally recognized companies, in Riverside's Hunter Technology Park. The properties, a 20.2k sf industrial/R&D facility at 879 Marlborough St...
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• New Project Pulls into Union Station
9/09/03
RENTV's man on the street has learned that there is a new building in the works over at Catellus Development's Union Station development in downtown Los Angeles. From what we understand, Catellus has inked a deal with the org...
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• Church Banks on Former Fidelity Federal HQ Building for New LA Facility
9/08/03
The former Fidelity Federal Bank corporate headquarters building at 4565 Colorado Blvd, just west of Glendale between San Fernando Rd and I-5 in Los Angeles, has been sold for $10.5 mil. The 132k sf ($79.50/sf) complex is com...
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• Bascom is Basking in the Limelight
9/05/03
The Bascom Group, out of Irvine, has been making quite a bit of news in the real estate industry of late, and we've got some of the major items to share with you in this report. About a month ago Bascom announced that they've...
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• RREEF to Host Royalty in Santa Ana
9/05/03
RREEF, the San Francisco-based funds advisory service, rolled out the red carpet for a major industrial lease in Santa Ana. The tenant, Royalty Carpet Mills, agreed to a 12-year deal for 268.5k sf of space at 515 E. Dyer Rd, ...
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• Lowe Collects $75 Mil from Sale of Wilshire Bundy Plaza
9/04/03
Wilshire Bundy Plaza, one of the few recent Westside high-rises on the market just sold, as Brentwood-based Namco Capital paid $75 mil for the 14-story, 290k sf property at 12121 Wilshire Blvd, on the northwest corner of Bund...
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• September 4, 2003 - $22 Mil Deal Brings Port Los Angeles Distribution Center to Fully Leased
9/04/03
The 1.8 msf Port Los Angeles Distribution Center (PLADC) in San Pedro is now one hundred percent leased, with the recent announcement that FMI International, a leading third party logistics provider, has inked a deal to expan...
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• Bomel about to Grab another Development Site on La Brea Blvd
9/03/03
A West LA property that we mentioned as “On the Market” in our West Los Angeles Hot transactions report a few weeks ago is about to trade hands. The property, at 915 N. La Brea, includes 60k sf of space in three buildings on ...
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• Mani Brothers Closes Record-Setting Downtown LA Office Buy
9/03/03
A new price per square foot record for office property sales in downtown Los Angeles was just set with the sale of 801 Tower, a 435k sf Class A high-rise at 801 S. Figueroa, which sold for $105 mil, or about $240 per square f...
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• Wells Invests $38 Mil in Pasadena Office Property
9/02/03
There were a couple of $35 mil+ office sales from the San Fernando Valley/Tri-Cities area over the past couple of weeks to let you know about. One of the buildings is Koll Pasadena Center, a 176k sf, five-story building at 10...
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• Leasing Deals in the Wild Wild West SF Valley
8/29/03
While we've been pretty good at getting to the big SF Valley and Conejo Valley deals in a timely manner, we recognize that a lot more leasing has been going on in this fairly active area. So in this piece we'll give you a rec...
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• Overton Moore Purchases $10 Mil Compton Building from the Howard Organization
8/29/03
A recently constructed 30k sf distribution facility in Carson has been sold, as E. G. Plastics Inc, a multi-national distributor of plastics, has paid $2.7 mil ($90/sf) for the building, located in the newly constructed Carso...
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• Burbank Office Project gets some RENTV Media Attention
8/28/03
Santa Monica-based M. David Paul Development has completed much of their Media Studios North office project, a 2.1 msf business campus in Burbank that boasts a host of great amenities, such as a health-club facility, a full-s...
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• CIM Still Shopping in Downtown Los Angeles
8/28/03
It looks like a couple of big downtown office properties that we mentioned in our “Properties on the Market” section in April's Downtown Los Angeles Hot Transactions report may be getting closer to trading. One of the propert...
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• Buchanan Bucks Buckle Up Financing Deal
8/27/03
Buchanan Street Partners (BSP), the Newport Beach capital source led by Robert Brunswick, recently closed three good-sized transactions, which comes right after the firm reported strong first half 2003 numbers. We'll start wi...
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• Sales Deals Keep Flowing in Orange County
8/27/03
The summer sales velocity in Orange County is staying strong, and we've got more than a half dozen recent closed purchases to let you know about.
Starting in Santa Ana, Lend Lease Real Estate Investments sold the 192.3k sf C...
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• Anaheim Gets Another Building!!!
8/27/03
Tejas Partners, an Orange, CA-based developer, last week broke ground on a 50k sf office build-to-suit at 1551 Douglass Rd for Westwood College. Westwood, repped by John Harty and Greg Holm from Trammell Crow, signed a long-t...
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