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Cypress Landlord Signs a Winter Olympus Deal 1/24/02 For those of you following lease comps throughout the heart of Orange County, here are four more to add to your files, starting in Foothill Ranch, where International Color Posters (ICP), a large-format printing company, has ...
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January 23, 2002 - Major Market News Comes From Belgum 1/23/02 Before we get to our piece, how about a moment of silence for K-Mart.
In our quest to provide the best in commercial real estate coverage of California to our national fan base, we feel obligated to let you know what some of...
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Border Real Estate Community Electrified by Panasonic Building Sale 1/23/02 We just can't keep up with the sales activity in San Diego County, as we've got a bunch of new deals to tell you about. To begin, we'll go to Otay Mesa, to report the sale of a 107.7k sf industrial building, at 7625 Panasonic...
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Escondido Lease Requires a Lot of Community Involvement 1/21/02 Here are a handful of recent leases from San Diego County, to beef up your comp sheets from the region. We'll being in Escondido, where Community National Bank signed a 10-year, $7 mil lease for the Blackstone Building, a 34....
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J. Galt Nails Down Mid-Wilshire Acquisition of Carpenters Office Campus 1/18/02 Since we just released our exciting video news report on downtown Los Angeles, we thought we would also let you know about a significant lease that was recently signed in the area, as Salomon Smith Barney inked a 10-year, $8....
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Prudential Composes Opus Acquisition in Irvine 1/18/02 In a recent sale, reported to be the largest Orange County office deal completed in 2001, Prudential Real Estate Investments acquired Opus Center Irvine I, the 12-story, 267k sf tower located at 2020 Main St, just east of Mac...
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Bright Lights in Century City Bring Out Industry's Brightest in Big 2002 Conf. 1/17/02 A big-name roster of top real estate professionals addressed a packed crowd of over 1,000 people yesterday in Century City, at Real Estate Conference Group's Real Estate Outlook 2002 Conference, run by Marty “no commercials!”...
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UCLA Disposes of Its Unwanted Laundry (Facility) 1/16/02 We've got some recent leasing activity on LA's Westside to review, but before we do, here's the scoop on a sale in Marina Del Rey that closed in December. The property is a 50k sf laundry facility on a 3.5-acre parcel of land...
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Furniture Manufacturer Sitting Pretty After $5 Mil Carson Lease 1/15/02 Here's news of a couple of recent South Bay transactions, one a lease and the other a sale. We'll start with the lease, as FDL Inc, an office furniture manufacturer/distributor, has taken 127k sf of warehouse space in a five-...
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Countrywide Scores Big at Stadium Gateway in Anaheim 1/15/02 Although the pace has slowed a bit, there still are some interesting leases happening in Orange County, a few of which we'll share with you in this report. The first transaction is in Westminster, as Komex H2O Science, a lead...
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UCLA Film Archives Finds Celluloid Heaven in Valencia 1/14/02 A NoCal-based private investment company, along with a partner in Southern California, has completed a major acquisition in the Conejo Valley, having just purchased the 165k sf former Litton Information System Group campus at...
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Arden Realty's $18.5 Mil Temecula Sale Leads Inland Empire Review 1/10/02 In a significant sale from the southwestern Inland Empire city of Temecula, Arden Realty, the successful West LA-based REIT, sold an office/industrial property portfolio for $18.5 mil. The portfolio contains a total of 172k s...
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$10 Mil Lease by Advanced Tissue Sciences is Nothing to Sneeze at 1/10/02 Here's the scoop on a recent lease at a new Sorrento Mesa office/biotech project, which we just reviewed in our monster-sized San Diego Development Site report, posted on the site a couple of weeks ago. In this latest deal, A...
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Santa Monica College Puts $30 Mil in Orbit for New Satellite 1/09/02 In a major sale, Santa Monica Community College just closed on their acquisition of the 10.4-acre BAE Systems West L.A. complex, a $30 mil transaction that is considered to be one of the larger sales on the Westside in the pa...
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Big West Coast RREEFer Buys are Smokin! 1/08/02 In a major transaction concluded at the end of last year, two Chicago-based real estate institutions were involved in the sale of an 18-property industrial portfolio, located in Oregon and Northern California, in a deal value...
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Mission Valley Boasts Lowest Office Vacancy Rate in San Diego County 1/08/02 Even after adding its first new speculative space in 11 years, Mission Valley reports the lowest office vacancy rate of all major San Diego County submarkets. The area's 7.9 percent vacancy rate compares to an overall county...
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Lubricant Distributor ProLongs Stay in Irvine After Signing Slick Sale/Leaseback 1/07/02 We'll kick off our first Orange County report for 2002 with a trio of recent acquisitions, starting in Newport Beach, where a San Francisco-based pension fund advisor has picked up an 86.7k sf office building at 1500 Quail St...
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Lennar Partners Offers an Entire Spectrum of Development in Kearny Mesa 1/05/02 San Diego Spectrum, Lennar Partners mega-project in Kearny Mesa, which has included subdividing, selling and leasing the massive 232-acre ex-General Dynamics site, is almost sold out to corporate HQ, office, restaurant, retai...
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City Council Gives Thomas Properties Okay for El Segundo Corporate Campus 1/04/02 Thomas Properties Group has moved one step closer to starting development of a major mixed-use project at the former Rockwell site just south of the 105 Fwy, as the El Segundo City Council yesterday approved 4-0 the company's...
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Catellus Gloves $8 Mil Deal in San Gabriel Valley 1/03/02 We've got a couple of leases to report from the City of Industry, thanks in part to Steve Bellitti of Colliers Seeley International. In the first deal, Lee Kum Kee, a manufacturer of Oriental sauces and condiments, took a 110...
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