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Nothing Mild About San Diego's Hot Deal Climate 2/16/01 We're going to start our latest San Diego County deal review down in Chula Vista, as we review a couple of transactions in this very southern city, and then work our way north through the county. In the first transaction, San...
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Downtown Development Supporters Get Prayers Answered 2/16/01 While not our typical commercial real estate story, the new Cathedral of Our Lady of the Angels certainly qualifies as a significant new addition to the Downtown Los Angeles skyline. Currently under construction at 555 West T...
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Skirting the San Fernando Valley 2/15/01 There's been some activity around the northern and western edges of the San Fernando Valley, so here's a quick update, starting with a couple of related owner-user acquisitions in the Santa Clarita community of Valencia. In t...
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Substantial Subleases Add New Energy to Downtown Los Angeles 2/14/01 If premier Class A space in Downtown LA's Bunker Hill was the target, Reliance Steel & Aluminum Company has hit the bullseye, after signing an 11-year sub-lease from Aames Financial Corporation for the top two floors at Two C...
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Is Snyder Adding Some Go to NoHo? 2/13/01 Let's run down some real estate news around the eastern side of the San Fernando Valley, as we first tell you that the CSFB Realty Corp (Credit Suisse First Boston; formerly DLJ Realty Services) team of JD Cook, Jeffrey Strna...
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Pro Moves 2/13/01 A couple of veteran SoCal industry pros have recently moved on to high-level responsibilities with new companies. In Los Angeles, Neil Resnick, a long-time top producer with CB Richard Ellis, has joined Grubb & Ellis as Senio...
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February 12, 2001- Catellus' Santa Fe Place Promises a Dramatic Addition to San Diego Harbor 2/12/01 San Francisco-based Catellus Development Corporation has big plans for a 15-acre site, which surrounds the historic Santa Fe Depot in downtown San Diego. When completed, the site will be comprised of a 3.3 msf mixed-use proj...
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Caribou Running Wild in Santa Ana 2/12/01 Three recent banner acquisitions lead off this Orange County report as we chronicle the transfer of major multi-building developments. The first of these is the purchase of the Waters at Creekside in Costa Mesa, a nine-buildi...
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News of Worthy Projects From Two Veteran SoCal Developers 2/09/01 Two big-time developers with a long history of successful projects in the LA area, Overton Moore Properties and Kilroy Realty Corporation, have a couple of interesting developments in the works that we thought you might want ...
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Big San Diego Deals Become Tech-Oriented 2/08/01 We just got word of a big sale in Sorrento Mesa, as the 11-building San Diego Tech Center, located at 9605-9855 Scranton Rd and 10055-10085 Barnes Rd, sold for $130 mil. The 645.7k sf ($201/sf) development, which sits on a 38...
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Big San Diego Deals Become Tech-Oriented 2/08/01 We just got word of a big sale in Sorrento Mesa, as the 11-building San Diego Tech Center, located at 9605-9855 Scranton Rd and 10055-10085 Barnes Rd, sold for $130 mil. The 645.7k sf ($201/sf) development, which sits on a 38...
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Fidelity Makes Five-Year Investment in SunAmerica 2/07/01 There have been a couple of recent office sales to let you know about in West LA, so we'll begin in Santa Monica, with DA Associates $16.5 mil acquisition of a 115k sf two-building property at the corner of Colorado Ave and 1...
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Update on San Fernando and Conejo Valleys 2/07/01 The San Fernando Valley and its surrounding areas produced a potpourri of sizeable transactions of late, with major retail, office, land and development deals going down in all areas. Moving from west to east in the “Valley”...
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Commerce Business Park Sells for $136 Mil 2/05/01 There have been a few deals in LA's Mid-Cities area we should mention, starting with the sale of Commerce Business Park, at Slauson and Eastern Avenues in the City of Commerce, which was acquired by two different entities. Th...
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Lots of Land Trades Hands in San Diego 2/05/01 Lots of real estate changed hands recently in San Diego County, primarily in the office and retail sectors, however, we'll lead off with three land deals worthy of recognition. The first of these was the $3.6 mil ($44/sf) pu...
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What Slowdown? West LA Still the Place to Be 2/02/01 While there's been some concern by Westside office owners about a market slowdown, it looks like Arden Realty didn't have to worry too long about releasing the 100k sf space that Internet consulting firm iXL gave back only a ...
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Pro Moves: LA Brokerage Vets Move to Insignia/ESG and TrizecHahn 2/02/01 New York-based Insignia/ESG continues with their expansion plans into California's top markets, as they've recently announced the opening of a new brokerage operation in the South Bay, to be led by veteran Cushman & Wakefield...
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Pacific Bell Call Center Rings In Latest Inland Empire Deals 1/31/01 In Riverside, an investment group known as Rustin Avenue Partners has picked up a 150k sf regional call center property located at 2805 Rustin Ave, north of Blaine St and east of Iowa Ave. The property, which sits on a 14.5-a...
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Regency Realty Shopping Retail in Orange County 1/31/01 There have been some major happenings in Orange County of late, including the acquisition of the former Raytheon site in the city of Fullerton, by Florida-based Regency Realty Group, one of the country's leading shopping cent...
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Top Guns on the Move 1/22/01 In the last week or so we got word of a couple of LA's top industry pros in flux, one who's stepping away from a top position, while another is being bumped upstairs to the position of Partner. At Newhall Land & Farming, Chai...
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