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Foods Company Fantis-izes about Santa Fe Springs Building 4/30/02 We've got a trio of recent deals to report from LA's Mid-Cities area, starting in Norwalk, where WLA Investments purchased Imperial Business park, a five-building, 111k sf business park at Carmenita and Pumice Streets. WLA, w...
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We Alert You to some Major Office Listing Activity in the LA Area 4/29/02 There's quite a bit of talk about some major LA-area office properties that may be changing hands before too long. Thanks to a couple of recent pieces from Real Estate Alert, we're going to share some of this news with you. W...
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El Monte Office Development Has a Flair for County Tenants 4/29/02 Here's an update on a new development in the San Gabriel city of El Monte, as Sonnenblick-Del Rio Development, out of Brentwood, has broken ground (top photo) on the second phase of its Flair Office Plaza. The project is a $4...
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ATC Finds El Segundo Promised Land after Exodus' Exodus 4/26/02 A San Francisco-based development firm is in the process of purchasing a 111k sf industrial building at 202 Nash St, between El Segundo Blvd and Grand Ave in El Segundo, which they intend to renovate, in a $14 mil investment ...
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Shidler Sees a View in Sorrento Mesa They Have to Buy 4/25/02 The Shidler Group, in partnership with Angelo, Gordon & Co, has purchased Seaview Corporate Center in Sorrento Mesa for $62.5 mil. The 353.1k sf, four-building office and biotechnology complex is located at 10180-10196 Telesi...
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Kearny Inks High-Tech Lease in Pasadena 4/24/02 In a major Pasadena office lease, the environmental engineering firm Tetra Tech inked a 12-year, $25 mil deal at Kearny Real Estate's Pasadena Corporate Park, a 260k sf low-rise suburban office campus that was awarded the Sou...
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April 23, 2002 - New North Building Offers Amenity-Rich Office Opportunity at Farmers Market 4/23/02 With all of the hoopla about Caruso Affiliated Holding's just-opened The Grove at Farmers Market, the 550k sf retail masterpiece immediately adjacent to the historic Farmers Market at Third and Fairfax in West Los Angeles, an...
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Anaheim Activity Remains Strong after $40 Mil Lease at Arena Corporate Center 4/22/02 The Syndicated Office Systems subsidiary of Tenet Healthcare Corp has inked a 10-year lease for 150k sf of space at Arena Corporate Center, Trammell Crow Company's just commencing 383k sf office development adjacent to the Ar...
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Long Beach Lease Calls for Urgent Care 4/19/02 Harriman Jones Medical Group, a Long Beach-based medical group, signed a renewal lease at their existing building that called for a reduction of about one third of their space. In this new deal, the tenant agreed to an eight-...
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An Airline Deal for Howard Hughes 4/19/02 Qantas Airways, the world's second oldest airline, relocated their Americas/Pacific headquarters office after signing a seven-year, $3 mil lease for 12k sf ($2.98/sf/mo) at 6080 Center Drive in Westchester. The 12-story, 287k...
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Businesses Love those Carlsbad Office Buildings 4/18/02 We'll start off our latest San Diego lease review in Carlsbad, where D.R. Horton San Diego Holding Company inked a five-year, $2.15 mil deal for 20k sf ($1.79/sf/mo) of office space at Crivello Commerce Center. The building i...
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US Airways Takes Off from Scripps Ranch 4/17/02 It's time to update you on a number of recent San Diego County sales, starting in Scripps Ranch, where The Shidler Group, in partnership with Angelo, Gordon & Company, paid $7.9 mil for a 78.3k sf ($101/sf) two-building compl...
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Windsor Door Slams Shut Lease for 25k sf Ontario Building 4/16/02 We haven't visited the Inland Empire in a little while, and there's been some interesting activity going on in the region. We've got a couple of leases and a pair of sales to review. Let's first head out to Fontana, which is ...
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Triple Net Pays $23.6 Mil for Pacific Corporate Park in Lake Forest 4/15/02 Pacific Corporate Park, a 167.6k sf suburban office park in southern Orange County was just bought by Triple Net Properties LLC for $23.6 mil ($141/sf). Located at 25341-25391 Commercentre Dr, within the 286-acre master-plann...
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A Towering Transaction in Burbank 4/12/02 Rentv's man on the street has heard that a major Tri-Cities office sale is about to close in the next week or so, with Beacon Capital Partners, the East Coast-based real estate investment company, as the buyer. The building i...
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Church Finds their Way to Vacant Building in Downtown LA 4/11/02 Downtown L.A. is one of the hotter sub-markets in the Southland, and we've got a trio of recent deals from the city's central core to tell you about. We'll start with a couple of leases and wrap up with a smaller acquisition ...
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Office Property Investor Wings It in Lakewood 4/10/02 Investors continue to display newfound interest in office properties throughout the Southland, and in the most recent example, Santa Barbara based-Pacifica Real Estate Group, acting as agent for a limited partnership, just pu...
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RENTV Man About Town Hits Some Open Houses 4/09/02 We'll start this column in Beverly Hills, at Wilshire Blvd and La Cienega, where a couple of weeks ago a few dozen brokers gathered at the top floor publishing love palace of Larry Flynt to check out the man, and the building...
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Investors Grab San Fernando Industrial Property in Hopes of Owning Piece of Camelot 4/08/02 Here's the scoop on a couple of recent deals in the San Fernando Valley, or is it still to early to call it Camelot? In the first transaction, Union Bank of California inked a 5k sf office lease in Northridge, after signing a...
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Irwindale Landlord Sees Red after Engineering Firm Lease 4/05/02 In West Covina, a private investor paid $4.3 mil for Cameron Office Park, a 44.9k sf ($96/sf) office complex at 1700-1760 West Cameron Ave, south of the I-10 and west of Sunset Ave in West Covina. The seven-building property ...
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