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San Francisco's Transbay Officials Lock in Architect with $105M Contract
May 16, 2008
The board of directors for The Transbay Joint Powers Authority has signed off on an agreement with Pelli Clarke Pelli Architects for the firm's design of the new Transbay Transit Center & Tower, which will feature 1.6 million square feet of office space.
donovan Second, Third-Tier Cities New Hotspots for Corporate Development: Report
May 16, 2008
Second-, and even third-tier cities, should be on corporations’ radar screens. They are good places to locate new manufacturing plants, call centers and IT hubs, a study on corporate development hot spots has concluded.
646,000SF Regional Shopping Center in San Jose Gets All Anchors in Place
May 16, 2008
Developer Westrust has filled up all 10 anchor spots at The Plant, its $142 million, 646,000-square-foot regional shopping center in San Jose.
Macy's Expands in Phoenix Area with Three New Stores
May 16, 2008
Three new Macy's will open their doors in the Phoenix area within the next two years, a move that is part of the chain's goal of making their stores the leading fashion destination in their respective communities.
Hotel-Condo Tower Slated for Downtown Denver
May 15, 2008 - Source: Rocky Mountain News
Hotelier Ranko Mocevic wants to build a 17-story tower on the site of a former Burger King at 15th and Stout streets.
New Studio to Be Built Near Hollywood
May 15, 2008
The United States' largest independent movie studio, a $125 million facility, is slated to break ground in April, 2009, with a projected 18-month construction period, Commonwealth Studios has announced.
Pair of SoCal Hotels Trade for $80M
May 14, 2008
R.D. Olson Development has sold two hotels in Southern California to Apple REIT 8 for a combined $80 million.
Quaker Signs 698,000 SF Lease near San Francisco
May 14, 2008
The Buzz Oates Group of Cos. recently negotiated a lease with Quaker Sales and Distribution Inc. for a 698,000-square-foot distribution facility at 1566 North MacArthur in Tracy, Calif, it has reported.
Biotech Park Development to Headline Conference in June
May 14, 2008
The issue of best practices and emerging trends in maximizing the effectiveness of biotechnology parks will be the theme of a conference, BioParks 2008, to be hosted by the University of California San Diego Science Research Park in La Jolla on June 16.
Work Gets Underway on $200M Portland Seniors Housing Property
May 14, 2008
Construction has commenced on Mirabella, a 30-story continuing care retirement community site on one acre in Portland's South Waterfront submarket.
NorthMarq Arranges $49M Mortgage for Point Niguel
May 13, 2008
Michael Elmore of NorthMarq Capital, Inc.’s Los Angeles Regional office, arranged first mortgage financing of $49 million for Point Niguel, a 324-unit multi-family complex, located in Laguna Niguel, Calif.
85,000SF Lease Signed at Tech Campus in San Jose
May 13, 2008
SVTC Technologies has committed to 85,000 square feet at what will ultimately be the 1.3 million-square-foot Hellyer Oaks Technology complex in San Jose.
William Morris HQ $188M Financing Deal Paves Way for New William Morris HQ in Beverly Hills
May 12, 2008
A joint venture involving New York City-based George Comfort & Sons Inc. and Morgan Stanley Real Estate's Prime Property Fund, have secured $188 million in refinancing for an existing office structure and construction funding for the development of a new office and retail building in Beverly Hills.
Meruelo Maddux Battles Financial Woes
May 12, 2008
Ahead of releasing its first quarter 2008 financial results after the market closes tomorrow, Downtown Los Angeles landlord Meruelo Maddux Properties Inc. has been taking steps to battle debt woes and a depressed stock price.
delsur. San Diego-Area Green Development Recognized by National Building Industry
May 12, 2008
With 20 percent of the mixed use Del Sur community completed, The National Association of Home Builders yesterday named the project its Mixed Use Development of the Year.
CT Takes Fleetwood HQ
May 09, 2008
Newport Beach, Calif.-based CT Realty Corp. has acquired Citrus Park, a 12-building office and industrial park in Riverside, Calif., from Fleetwood Enterprises Inc.
Sares Regis Takes California Industrial Facility, Plans Expansion
May 09, 2008
Sares Regis Group of Northern California has purchased Pinole Point Business Park in Richmond, Calif.
Developer on Board for $115M Stem Cell Research Facility
May 09, 2008
The San Diego Consortium for Regenerative Medicine has chosen local firm Lankford & Associates to build a new $115 million stem cell research facility, the San Diego Business Journal reports. T
Teams Vie for Convention Center Expansion Project
May 09, 2008
Having recently received three proposals for the expansion of the 1.6 million-square-foot Anaheim Convention Center, the Anaheim City Council is now preparing to announce the winning bid at a meeting on June 10, according to an Orange County Register article.
$1.1B Made Available for Development of Stem Cell Research Facilities in California
May 08, 2008
In an effort to accommodate the demand for more stem cell research in California, a group of organizations has committed an aggregate $831 million for the construction of facilities to be designed specifically for stem cell research activities. The funding will allow for a total of $1.1 billion for the projects, which will be located across the state.
Environmentalists OK Conservation Deal for California Development
May 08, 2008
After years of legal battles and negotiations, several major environmental groups and the Tejon Ranch Co. today announced they have reached an agreement that would preserve 90 percent of the 270,000-acre Tejon Ranch in California and enable development of a master-planned community, resort and industrial complex to continue.
San Diego Economy, Real Estate Likely to Remain Unsettled   
May 08, 2008
The San Diego area’s economy will remain beset by job losses in real estate and weak growth in other sectors for at least another two quarters, according to the annual UCLA Anderson Forecast from the University of California–Los Angeles Anderson School of Management. 
Research Shows Growing Pipeline of Datacenter Development
May 08, 2008
According to results from a study commissioned by San Francisco-based internet gateway datacenter owner Digital Realty Trust Inc., the number of datacenter projects on tap for the U.S. over the next 12 months is substantially higher than the anticipated figures from one year ago.
35 Condos at Phoenix-Area Trammell Crow Project to Hit the Auction Block
May 08, 2008
It was only in 2006 that Trammell Crow Residential opened the sales center for the 171 luxury condominiums at The Quarter in Glendale's $1.5 billion mixed-use Westgate City Center, but just two years later, the company has decided to go with the flow of the housing downturn and auction off the remaining 35 units.
Mini Mall in Corona Fetches $548 Per-SF
May 07, 2008
Ownership of Hamner Square, a 12,231-square-foot strip center in Corona, Calif., has changed hands. 
 
Denver
ProLogis to Increase Presence in Fort Worth with New 2MSF Park
May 16, 2008
Later this year, Denver-headquartered ProLogis will commence development of ProLogis Park Fort Worth on a 130-acre site in the North Fort Worth submarket. At full build-out the industrial complex will encompass seven structures containing a total of 2.1 million square feet of distribution space.
Hotel-Condo Tower Slated for Downtown Denver
May 15, 2008 - Source: Rocky Mountain News
Hotelier Ranko Mocevic wants to build a 17-story tower on the site of a former Burger King at 15th and Stout streets.
New-Wave Borders Brings Interactivity to Denver Shopping Center
May 14, 2008 - Source: Rocky Mountain News
The sixth of 14 new concept stores being launched by the bookseller, the Borders at Park Meadows Shopping Center features high-def TV monitors and a suite of high-tech "destinations" to make customized music CDs.
MORE WEST DENVER HEADLINES
 
Los Angeles
New Studio to Be Built Near Hollywood
May 15, 2008
The United States' largest independent movie studio, a $125 million facility, is slated to break ground in April, 2009, with a projected 18-month construction period, Commonwealth Studios has announced.
Pair of SoCal Hotels Trade for $80M
May 14, 2008
R.D. Olson Development has sold two hotels in Southern California to Apple REIT 8 for a combined $80 million.
NorthMarq Arranges $49M Mortgage for Point Niguel
May 13, 2008
Michael Elmore of NorthMarq Capital, Inc.’s Los Angeles Regional office, arranged first mortgage financing of $49 million for Point Niguel, a 324-unit multi-family complex, located in Laguna Niguel, Calif.
MORE WEST LOS ANGELES HEADLINES
 
Orange County
Target, 37 Other Companies Brawl for San Clemente Acreage
May 15, 2008 - Source: Orange County Register
The site, which is located across from a proposed sports complex, is currently the subject of 41 development proposals.
Pair of SoCal Hotels Trade for $80M
May 14, 2008
R.D. Olson Development has sold two hotels in Southern California to Apple REIT 8 for a combined $80 million.
NorthMarq Arranges $49M Mortgage for Point Niguel
May 13, 2008
Michael Elmore of NorthMarq Capital, Inc.’s Los Angeles Regional office, arranged first mortgage financing of $49 million for Point Niguel, a 324-unit multi-family complex, located in Laguna Niguel, Calif.
MORE WEST ORANGE COUNTY HEADLINES
 
San Diego
Financing in Place for Flex Property in Poway
May 16, 2008
With a $21 million loan in hand from Wrightwood Capital, the Emri Group will acquire a 144,000-square-foot flex building in Poway, Calif., about 20 miles outside of San Diego.
Biotech Park Development to Headline Conference in June
May 14, 2008
The issue of best practices and emerging trends in maximizing the effectiveness of biotechnology parks will be the theme of a conference, BioParks 2008, to be hosted by the University of California San Diego Science Research Park in La Jolla on June 16.
delsur. San Diego-Area Green Development Recognized by National Building Industry
May 12, 2008
With 20 percent of the mixed use Del Sur community completed, The National Association of Home Builders yesterday named the project its Mixed Use Development of the Year.
MORE WEST SAN DIEGO HEADLINES
 
San Francisco
San Francisco's Transbay Officials Lock in Architect with $105M Contract
May 16, 2008
The board of directors for The Transbay Joint Powers Authority has signed off on an agreement with Pelli Clarke Pelli Architects for the firm's design of the new Transbay Transit Center & Tower, which will feature 1.6 million square feet of office space.
646,000SF Regional Shopping Center in San Jose Gets All Anchors in Place
May 16, 2008
Developer Westrust has filled up all 10 anchor spots at The Plant, its $142 million, 646,000-square-foot regional shopping center in San Jose.
Quaker Signs 698,000 SF Lease near San Francisco
May 14, 2008
The Buzz Oates Group of Cos. recently negotiated a lease with Quaker Sales and Distribution Inc. for a 698,000-square-foot distribution facility at 1566 North MacArthur in Tracy, Calif, it has reported.
MORE WEST SAN FRANCISCO HEADLINES
 
Seattle/Portland
Work Gets Underway on $200M Portland Seniors Housing Property
May 14, 2008
Construction has commenced on Mirabella, a 30-story continuing care retirement community site on one acre in Portland's South Waterfront submarket.
Rise in Oregon Vineyards Means Expansion for Wine Center
May 13, 2008 - Source: The Oregonian
The increase in the wine country's commercial facilities -- growing from 200 five years ago to more than 350 today -- has prompted a $3.5 million expansion for Oregon Wine Services and Storage.
Bellevue Square Shopping Center Undergoing $40M Renovation
May 06, 2008
Kemper Development Co. is giving the Bellevue Square regional shopping center a long overdue makeover, according to the Seattle Post-Intelligencer.
MORE WEST SEATTLE/PORTLAND HEADLINES
 

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