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Montclair Gets a Carbo Boost 11/13/01 While many of the leases we report from the Inland Empire are for huge warehouse/distribution facilities, here's a trio of smaller deals from the region. The first transaction is in Montclair, where Carboline Company, a St. L...
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Fountain Valley School District Leases From Jesus 11/12/01 We've got a handful of Orange County leases to review, starting in Fountain Valley, where the Fountain Valley School District has signed a 20-year ground lease for a 2.15-acre chunk of dirt at 17350 Mt. Hermann, just north of...
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Hooray for Hollywood & Highland 11/09/01 By Allen Wolfsheimer
In true Hollywood fashion, today's grand opening ceremony for TrizecHahn's $615 mil Hollywood & Highland retail development included all of the pomp and circumstance one would expect from a production of...
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South Bay UPS Facility Goes on the Fritz 11/08/01 No sooner than the ink had dried on TRW's big $30+ mil renewal deal for 155k sf at DivcoWest's Manhattan Beach Towers, which we reported last week, than we get word that they've signed another big lease a few blocks away, in ...
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San Fernando Valley Diagnostic Firm's Quest Takes Them to Northridge 11/07/01 We travel through the San Fernando Valley and into Ventura County to check out some up-to-date and newsworthy happenings in those commercial real estate markets. Starting in the East Valley city of Burbank, The Bassett Famil...
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Equity Ups their Equity in Maguire's Playa Vista Efforts 11/06/01 Rob Maguire just got a major boost in his efforts to close escrow on the remaining land at Playa Vista designated for construction of the project's 2.2 msf office campus, which will make up the commercial portion of the huge ...
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Arden Scores a TD in Beverly Hills 11/05/01 As part of our efforts to keep you caught up on newsworthy activity from the Westside, here are a few transactions from the last month or so that we've not yet reported. We'll start with a couple of recent deals at two of Ard...
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$19 Mil Irvine Buy Leads Orange County Sales Update 11/02/01 El Segundo-based Kilroy Realty continues to sell off properties, as we begin this review of recent sales activity in Orange County with news of the company's sale of Kilroy Technology Center, a 157.5k sf multi-building office...
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Agents West Spies a Good Opportunity in La Mirada 10/31/01 In LA's Mid-Cities area, we've got a couple of recent manufacturing and distribution leases to report. In one, Tissurama & Green Orange Design Inc has leased 129k sf of space in the Western Distribution Center, at 2800, 2850,...
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Investors Make $10.6 Mil Buy in San Gabriel Valley 10/30/01 In this quick update on the San Gabriel Valley, we've got news of a sale, a lease, and a new office project that just broke ground. We'll start in Monterey Park, as a Temple City-based private investment group paid $10.6 mil ...
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Forest City Goes For the Beach 10/30/01 Forest City Enterprises, the big Cleveland-based developer/owner, has bought a 50% interest in the Galleria at South Bay, a successful 1.1 msf regional shopping mall at Hawthorne and Artesia Blvds in Redondo Beach. According ...
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Has the O.C. Industrial Tide Turned? 10/29/01 Back in the spring, it seemed like each week there was a report about yet another multi-building industrial project that was getting started in North Orange County. At the time, the industrial and distribution market was soft...
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Nothing Weird About this Science Park -- $71 Mil for La Jolla Complex 10/29/01 Investors and developers have not been shy about banking their dollars in San Diego real estate, as evidenced by the recent $70.8 mil acquisition of Torrey Pines Science Park, a 292.2k sf ($242/sf) office/R&D complex in La Jo...
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TRW Inks Big Renewal Deal at DivcoWest's Manhattan Beach Towers 10/27/01 Following up on a story we first mentioned in early August, we just got word that TRW has finalized a new deal at DivcoWest's Manhattan Beach Towers. The giant aerospace company, which had been getting close to finishing out ...
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It's an Orange County Lease Jamboree in Irvine! 10/25/01 Since we covered a number of the latest Orange County sales the other day, here's a look at some recent leases from the region. We'll lead off with an office deal in Cypress, as Continental Graphics signed a 10-year, $11.4 mi...
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Latest Mid-Cities Coverage Includes a Rich Deal in Santa Fe Springs 10/25/01 Let's get you caught up on the most recent activity from LA's Mid-Cities area, as we review three hot new deals from the area. The first transaction is in Compton, as National Retail Systems, a distribution company for the re...
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Orange County Investors Run for the Hills 10/24/01 Let's catch up on some recent commercial sales from Orange County, starting in Anaheim, where Kaiser Permanente purchased a 220k sf building at 3400 E. La Palma Ave, between Kraemer Blvd and Tustin Ave. The giant hospital gro...
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Realco to Build Real Big Distribution Complex in Ontario 10/23/01 There have been a couple of major news pieces about big business parks in the Inland Empire to let you know about. In one, Newport Beach-based Western Realco, in conjunction with Time Square Real Estate Investors, has begun c...
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Investors Set Sale for San Diego 10/23/01 In Carlsbad, CT Realty Corp picked up the former Callaway Golf Company headquarters building, a two-story, 53k sf building at 5931 Priestly Drive, west of El Camino Real and north of Palomar Airport Rd. CT paid $4.85 mil ($91...
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Steady Demand for San Fernando Valley Industrial Properties 10/22/01 From an investment perspective, industrial property throughout the Los Angeles Basin continues to be one of the more attractive property types in the region. According to Lewis Horne, Senior Managing Director of the Los Angel...
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