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June 15, 2026
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SOUTHERN CALIFORNIA NEWS
Archive
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• Westcore Picks Up Kearny Mesa Research Complex
1/14/03
Westcore Commercial Properties, one of San Diego's more active investors, closed out a newsworthy end-of-year buy in Kearny Mesa. They paid about $7.2 mil for a three-building complex known as CP Kelco Corporate Campus. The o...
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• One 500k sf Tower Sold, Two More to Go in San Diego
1/13/03
On the heels of the recent sale of San Diego's landmark 34-story One America Plaza, two more of the city's major downtown office towers may be close to trading hands. From what we understand, the owners of both Symphony Tower...
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• San Diego Firm Sales into a Newport
1/09/03
Newport National Corporation sold a recently completed 31.6k sf Class A office building, called Atrium II, at 2710 Loker Avenue West, north of Palomar Airport Rd and east of El Camino Real in Carlsbad, for 5.9 mil, or about $...
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• Vast Resources Acquires Vast Resource in Chatsworth
1/08/03
The San Fernando Valley recently became the new corporate headquarters for two companies. In the first of these, a major industrial sale took place in the west Valley as Vast Resources Inc closed escrow on Specialty Merchand...
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• Chino Cavalry Displaced by Living Waters
1/08/03
The new year is only a week old but we've already heard of two interesting transactions from the Inland Empire, although for deals that actually closed before the end of last year. The first bit of news is for a sizable offic...
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• Local Investor Peps Up after $2.7 Mil Santa Monica Buy
1/07/03
Here's news of an interesting sale on the Westside, as Altemus-Warner acquired the South Division Jefferson Industrial Center, a 28k sf creative live/work complex at 1201-1291 Electric Ave, north of Venice Blvd and west of Li...
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• HeyAnita Inks Five-Year Lease with Arden in Burbank
1/06/03
Here are a couple of end-of-year office transactions from the Tri-Cities area, with a sale in Pasadena and a lease in Burbank. We'll lead off with the sale, as private investors paid $3.84 mil for a 20.9k sf ($184/sf) buildin...
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• Dan Donahue Passes Away
1/03/03
Daniel W. Donahue, Chairman of Donahue Schriber and one of the industry's most respected leaders, passed away unexpectedly on December 31, reportedly due to complications from recent heart surgery. He was 60 years old. Donahu...
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• Good Morning Garden Grove!
1/02/03
Morning Shirt Company, an Orange County-based t-shirt manufacturer, acquired a 53.8k sf industrial building at 12300 Monarch, south of Chapman Ave and east of Knott St in Garden Grove. Morning, which plans on expanding and co...
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• CIM Gets Approval for Supermarket-Anchored Project in Downtown L.A.
12/31/02
The drive towards the revitalization of downtown Los Angeles took a major leap forward with the announcement by CIM Group, one of the leading investor/developers of urban infill mixed-use projects, that it received approval f...
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• Glendale Office Tower Sells for $157 Mil
12/30/02
Here's news of a major office sale in the Tri-Cities area to close out the year, as Wells Real Estate Trust paid $157 mil for 800 N. Brand Blvd, a 12-year-old Class A high-rise just off the 134 Fwy, at the northern end of Gle...
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• December 27, 2002 - Financing Notes
12/27/02
Here's a quick review of a few of the more recent commercial financings placed around the Southland: In Playa Del Rey, the George Smith Partners team of George Smith and Joel Simaie arranged $14.97 mil in financing for five ...
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• Watson Leggs Out another Big Lease in Carson
12/26/02
Watson Land completed another major lease at their Watson Industrial Center South in Carson. In the latest deal, Leggett & Platt, a fortune 500 manufacturing firm, has agreed to a 7.5-year, $8.3 mil lease for 219.1k sf ($0.42...
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• Financial Planner Plans Sharp Deal in Sabre Springs
12/24/02
Here's news of a recent lease in the Sabre Springs area, as the Raymond J. Lucia Companies Inc, a financial planning firm, committed to a seven-year, $2.48 mil lease for 11k sf ($2.68/sf/mo) of office space at Legacy Sabre Sp...
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• Westside Office Landlord Enjoys Sizable Advance from $20 Mil Deal
12/23/02
Advance Publications, the parent company of Conde Nast Publications, inked a sizable renewal/expansion lease in West LA, after signing a 10-year, $20 mil deal for 71.2k sf ($2.34/sf/mo) of space at 6300 Wilshire Blvd. The 30-...
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• Opus Development Likes Its Projects on Rye
12/19/02
Opus West Corp, the Western U.S. arm of Minnesota-based Opus Corp, has acquired two parcels of land totaling 12 acres in the Rye Canyon area of Santa Clarita for development of a new industrial complex, called Opus Rye Canyon...
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• Carson Logistics Lease Based on a Master-Plan
12/18/02
Watson Land Company has signed another sizable deal at their master-planned Watson Industrial Center South complex in the city of Carson. The new $4 mil, seven-year deal, estimated to bring an additional 200 jobs to the city,...
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• Tennis Materials Firm Aces Five-Year Lease in Chino
12/17/02
Here's an update on a pair of recent leases from the Inland Empire, one of which is a medical office transaction while the other is an industrial deal. We'll start with the medical lease, as the County of Riverside, looking ...
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• Quinn Emanuel Expands to 120k sf in Downtown LA
12/17/02
Chalk up another big law firm lease for downtown Los Angeles, as the law offices of Quinn Emanuel Urquhart Oliver & Hedges LLP has signed a 121k sf lease that increases the firm's office space by about 40k sf, from 80k, to oc...
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• Kearny Renews County in $10.5 Mil Santa Fe Springs Deal
12/16/02
The County of Los Angeles renewed its lease for an entire 65.6k sf Santa Fe Springs office building, occupied by the County's Department of Children's Services agency, after agreeing to a new 10-year, $10.5 mil ($1.33/sf/mo) ...
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