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Downtown Los Angeles Lease Duo 12/10/01 Here's an update on a couple of recent leases from downtown LA. In the first deal, the Bank of China, one of four major state-owned commercial banks in China, has signed a seven-year, $3 mil renewal and expansion for 14.6k sf...
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North Orange County Sales Review 12/10/01 In this report, we're going to head to northern Orange County, where there's been continued investment activity in the $2 mil to $7 mil range for smaller office and industrial properties. We'll begin our review in Westminster...
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Oxnard Lease is Solar-Powered 12/07/01 We've got a handful of meat and potato leases from in and around the San Fernando Valley to report, so let's start smack in the center of the Valley, where USA Wireless Technologies just signed a five-year, $3.7 mil deal for ...
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Countrywide Search Leads to Simi Valley 12/05/01 There have been a few significant sales in some of the areas around the northern and western edges of the Greater L.A. basin to report. We'll start in Simi Valley, where Countrywide Home Loans, the big national residential mo...
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Mitchell Stokes the Leasing Fire in West LA 12/04/01 Although times have been a bit tougher for landlords on LA's Westside, there have been some more modest leases to report, a few of which we'll mention here. Mitchell Stokes, a broker at Brentwood-based Madison Partners gets c...
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NewMark Merrill & Rubin Pachulski Team Up on Big Ventura County Retail Buy 12/03/01 NewMark Merrill Companies, LLC, the Tarzana-based firm headed by CEO Sandy Sigal and Prez David Frank, and Rubin Pachulski Properties, the West LA-based firm headed by Stuart Rubin, have teamed up to buy the 455.5k sf Janss M...
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Orange County Investor Pays $21.5 Mil for Northpointe Office Park 11/30/01 We'll lead off this Orange County sales review with a couple of office acquisitions, as a Newport Beach private investor has purchased Northpointe Office Park, a 138.6k sf office park located at 15621-15661 Red Hill Ave, just...
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Guidant "Lite" Comes to Temecula 11/29/01 We'll lead off this review of recent lease comps from San Diego County with a deal just north of the county border, in Temecula, where Advanced Cardiovascular Systems, a wholly owned subsidiary of Indianapolis-based Guidant C...
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Investment Group Makes a Run for the Hills in Orange County 11/28/01 In Laguna Hills, an investment venture between Birtcher Realty and a GMAC Commercial Mortgage affiliate called P.O.P Lake Hills LP has sold Lake Hills Plaza, a 44.8k sf office building located at 23141 Moulton Pkwy. The buyer...
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Carson is a Good Place to Sit ‘N Sleep 11/28/01 There have been a number of recent industrial leases in the South Bay to report, including a few more deals from logistics firms. We'll begin in Hawthorne, where Evergreen Aviation Ground Logistics Enterprises (EAGLE) has exp...
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Guthrie Likes the "Sold Out" View of Lakeview 11/27/01 We have an opportunity to update you about one of the new Orange County industrial projects that we reviewed in a special piece on Rentv about a month ago. The development is Guthrie Development's 165k sf six-building Lakevie...
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Hazard Center in San Diego's Mission Valley Goes for $71 Mil 11/27/01 In one of this year's largest office sales in San Diego County, a partnership made up of WCB Properties and Starwood Capital Group has paid $71 mil for Hazard Center, a 12-year-old 399k sf ($178/sf) mixed-use development in M...
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Westcore Makes $18 Mil Grab of San Gabriel Valley Industrial Park 11/26/01 It's time to turn our attention to the San Gabriel Valley, where there have been a few noteworthy transactions of late. We'll start in the City of Industry, where Westcore Gale LLC has purchased Pacific Gulf Distribution Cent...
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No Gener8xion Gap in this Hollywood Deal 11/24/01 For those of you itching for some new lease comps to round out your Thanksgiving weekend, here are a couple of recent deals from Hollywood and Universal City. In one, Cahuenga Investors, LLC, an LA-based private investment fi...
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Major Leasing Activity in North LA County 11/21/01 Despite all the doom and gloom, activity in the northern parts of LA County, namely Valencia, the San Fernando Valley and the Conejo Valley, is still strong. We have a few major leases to report below, and pros in the know te...
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Infonet to Cast Its Net Across Grand Ave 11/20/01 The big news this week comes out of El Segundo, where it appears one of the five new empty developments in this South Bay town is about to be sold to a user. We had heard the rumors that Infonet was buying Opus West's 2171 E....
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Structures on the Green Tees Off With $8 Mil Carlsbad Acquisition 11/19/01 We'll lead off this review of recent San Diego County sales activity in Carlsbad, where Structures on the Green LLC, a California limited liability company, acquired Carlsbad Crest Corporate Center, a 66k sf office/R&D projec...
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Big Century City Sublease Deals Keep West LA Brokers Hopping 11/16/01 In West Los Angeles, pros from Julien J. Studley were involved in a couple of recent Century City sublease transactions, with a total value of over $30 mil. In one deal, Cook-Inlet Energy Supply has expanded their presence at...
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Sylmar Business Park a Hit as L.A. Records Leases Final Building 11/16/01 In Sylmar, World Oil Corporation has leased up their Valley Gateway Business Center, after having just signed LA Records to the final, 108.2k sf building in the complex. LA Records leased the facility for 10 years, in a deal ...
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Pro Moves 11/15/01 Julien J. Studley, one of the top national brokerage firms, has announced some major management changes at their Southern California offices in Downtown LA, West LA and Orange County. Top executives Howard Sadowsky, the compa...
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