State: California - CA
Pacific Property Co. Buys Calif. Apartment Community
February 6, 2001 SHERMAN OAKS, Calif. – Pacific Property Co. has purchased a 168-unit apartment community for $9.9 million.The company expects to invest another $1.6 million in the Valley Country Club apartments to renovate the property, which will be renamed ...
Eastdil Hired to Market San Francisco’s 601 California St.
CalPERS/Hines has given Eastdil Realty the nod to market the latest downtown San Francisco office building to hit the block. Area brokers say, and recent deals suggest, that 601 California St. could fetch up to $400/sf.
Warehouse Owners Snag Lease, Sale
February 2, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterThe owners of new warehouse buildings within the 72-acre Plantation mixed-use development in City of Industry, Calif., have completed sale and lease transactions totaling about $20 million.APW Enclosure Systems ...
Glendale, Calif., Company Buys Burbank Building
February 2, 2001 Glendale, Calif., Developer Buys Burbank BuildingBy Brad Berton, Commercial Real Estate Direct Contributing WriterExecutive Software of Glendale, Calif., has purchased 7590 N. Glenoaks Blvd. in Burbank for $10.68 million and will relocate its corporate headquarters.Executive Software purchased ...
Lehman Receives $118 Mln-plus from DaimlerChrysler Capital Services
February 2, 2001 Lehman Brothers and its partners have received more than $118 million in financing from DaimlerChrysler Capital Services to buy 1,610 apartment units in Riverside, San Dimas and West Covina, Calif.Lehman Brothers and developer General William Lyon received ...
2300-2330 Raymer Ave.
Buyer of the 8 buildings is a JV of Hanover Financial Co. and Clifford Co. of Newport Beach
San Jose R&D Building
RREEF likely paid $150-$200/sf ???? or $12 Mln-$16 Mln for the R&D property, which is fully leased to Olympus America.
RREEF Buys Silicon Valley R&D Property
February 1, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterRREEF Funds has purchased an 80,000-square-foot R&D building in the scalding San Jose market in the heart of Silicon Valley – where such properties often lease for more than ...
Building in Irvine Business Complex
The venture plans to invest $10 Mln-plus to rehabilitate property and convert it into a carrier hotel.
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