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• Developers Decide to Develop their Own HQ Building
6/11/03
Residents and businesses in the San Diego County seaside town of Solana Beach can look forward to a stylish new office building adding a few more square feet to the city's rather nominal office space inventory. That's because...
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• June 11, 2003 - American Golf Plays Santa Monica Biz Park Course
6/11/03
We've got some leasing activity going on around the Westside these days, as evidenced by the two leasing deals mentioned below, as well as the recent sizable deals signed by Arden Realty at Howard Hughes Center, which we'll c...
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• Atria West Office Project Sells for Near $17 Mil
6/10/03
Atria West, a unique 171k sf West Los Angeles office project made up of two Class A buildings featuring 50-foot-high, three-story atriums and a collection of four historic French cottages known as the “Grove”, just sold for a...
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• June 10, 2003 - SFV, Tri-Cities & Conejo Valley Activity Keeps Vacancy Rates Respectable
6/10/03
The Tri-Cities and San Fernando Valley markets continue to see enough leasing activity to keep the vacancy rate for most of the submarkets below 15%, with some areas, such as Pasadena, playing with single digits. Rental rates...
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• Chatsworth Investment Buy more than a Pipedream for Buyer
6/10/03
We're going to lead off this report of a few recent San Fernando Valley investment deals in Chatsworth, with news of a 53.7k sf building at 21500 Gledhill St, which traded hands for $5 mil ($93/sf). Gledhill Street LLC, the b...
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• Downtown San Diego Landlord Turns on the Power in 10-Year Industrial Transaction
6/09/03
This report will provide a brief overview of a number of recent San Diego County leases, for those of you who like to keep current on activity in this climate-controlled SoCal region. We'll lead off with an interesting deal a...
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• Morgan Stanley Centers Itself in Irvine
6/09/03
Opus West recently closed another nice lease at their Opus Center Phase II, the 14-story, 308k sf tower at 2040 Main St, as Morgan Stanley inked a 10-year deal for 23k sf at the high-rise. The transaction has an effective rat...
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• Barclay and Company Pays $12 Mil for a Fairview in Santa Ana
6/06/03
A 116.6k sf R&D building at 2700-2722 South Fairview St traded hands for nearly $12 mil ($103/sf). Situated in the airport area of Santa Ana, north of the 405 Fwy between MacArthur Blvd and Segerstrom Ave, the building was 10...
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• Bodies in Motion Puts Leasing Activity in Motion at Westside Media Center
6/05/03
It looks like one of West LA's more recent office projects is about to get quite a bit healthier, as Kilroy Realty has finalized a 15-year, $22 mil lease with Bodies in Motion for a 35k sf ($3.49/sf/mo) ground-floor health cl...
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• Insignia/ESG Entertains Management Contract from Sony Pictures
6/04/03
There have been a few notable SoCal leasing and management assignments awarded in the last couple of weeks, with Insignia/ESG and Coreland Companies being on the receiving end of the assignments. Insignia has been the recipie...
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• Scanlan Kemper Bard Comes to a $20 Mil Crossroads in Kearny Mesa
6/04/03
The Shidler Group made another San Diego buy, paying $13.5 mil for a pair of office buildings, totaling 88.3k sf of space, in Kearny Mesa. The three-story buildings are Chesapeake I, at 9619 Chesapeake Dr, and Chesapeake II, ...
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• Stats for the Jamming S
6/03/03
In light of our recent posting of a San Gabriel Valley Hot Transactions Report, we thought we'd consult one of the experts in the region, Ron Heim, Senior Vice President and Principal at Trammell Crow's Diamond Bar office, to...
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• LBA and TA Associates Snag $42 Mil Worth of Leased Investments in LA's Mid-Cities
6/02/03
Layton-Belling & Associates (LBA) just purchased Kellwood Distribution Center, a 471.3k sf distribution project in the City of Industry. The property consists of three buildings on 28.43 acres of land at 13039- 13087 East Te...
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• Red Sea Group Likes Sara Lee
6/02/03
For those of you who like to keep up-to-speed on industrial deal comps from some of the older sections of LA, closer in to downtown, we've got four recent transactions to report from the city of Vernon, which borders up again...
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• May 30, 2003 - ModernHealth Wraps Up Old Fashioned Lease for Monrovia Facility
5/30/03
There has been a handful of interesting deals from the San Gabriel Valley since we posted our most recent San Gabriel Valley Hot Transactions report a few weeks ago, which we'll review in this update. We'll start in Monrovia,...
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• Dr. Lee Expands His Real Estate Practice
5/29/03
LA-based Jamison Properties, a privately held investment company led by Dr. David Lee, has purchased Royal Beverly Glen Plaza, a 78.5k sf West LA office building at 10390 Santa Monica Blvd, by Beverly Glen Blvd. Jamison paid ...
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• Real Estate Expert Stan Ross Makes $1 Mil Gift to USC's National Minority Program
5/29/03
University of Southern California Lusk Center Chairman Stan Ross and his wife Marilyn have made a $1 mil gift to the school's National Minority Program in Real Estate, to enable the school to offer more programs and expand na...
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• Liberty Bearings Rolls into San Clemente
5/29/03
This report will cover a number of recent leases, mostly industrial, from Orange County. We'll start in Anaheim, where Danros Inc, a wholesale furniture retailer, inked a five-year, $1.6 mil lease for 61.9k sf ($0.43/sf/mo) b...
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• Murphy's Law Says to Sell Otay Mesa Industrial Development
5/28/03
A major San Diego County industrial property has hit the market, as Murphy Development, a local builder in the area, has listed the first, or Central, phase of their Siempre Viva Business Park in Otay Mesa, a short distance n...
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• Draftsmen & Craftsmen
5/27/03
Shea Properties has just completed phase one of their Vantis office project, a $350 mil development planned to contain about 1.5 msf of space in nine buildings. Located on a 40-acre site in Aliso Viejo, off the San Joaquin Hi...
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