April 17, 1987 |
Southern California Edison, coming off its best financial year, stepped up diversification efforts Thursday by announcing plans to create a holding company to increase its reliance on businesses other than making and selling electricity to the public. Rosemead-based Edison also announced a dip in profit for the first quarter, the result of a $66-million writeoff on two nuclear plants that wasn't quite offset by an accounting change shifting certain revenue from one quarter to another.
CALIFORNIA | LOCAL
September 16, 2001
I would like to thank you for your recent coverage of open space issues. I am a resident of South County and I believe we must preserve the open space that is left to maintain our quality of life. I feel that the proposed Foothill South toll road will jeopardize our open space and the last bit of pristine environment we have left. Phyllis Watson San Juan Capistrano Re "O.C.'s Dilemma: More Housing or Open Space," Aug. 12: In their plan to develop 14,000 homes, Rancho Mission Viejo Land Co. fails to include a single "affordable" or subsidized unit.
CALIFORNIA | LOCAL
June 27, 1993 |
On a vacant stretch of land just off the San Diego Freeway in Hawthorne, a developer and city officials envision a project that could help alleviate the South Bay's economic woes. It is called Fashion City, a $150-million complex that would house one of the nation's largest concentrations of garment wholesalers under one roof.
May 20, 1990 |
More tenants vacated West Los Angeles office space than moved in during the first quarter of 1990, marking the first time in more than five years that the now-overbuilt area has posted a negative absorption rate. Most local developers and brokers thought that the pricey Westside was "immune to troubles like high vacancies, overbuilding and lack of tenants that have plagued other areas," said John Carpenter, a senior vice president at Grubb & Ellis Commercial Real Estate Services.
February 25, 1990 |
Get busy. That's what West Los Angeles office building owners are ordering their leasing agents to do--and fast. Vacancies rates are about to escalate as several new first-class office buildings reach completion, and competition is heating up. Center West at 10877 Wilshire Blvd. in Westwood opens next month with 75% of its 296,000 square feet yet to be leased. The newly renovated Sterling Plaza at Wilshire Boulevard and Beverly Drive in Beverly Hills will be open for business in March too.
September 9, 1990 |
Occupancy rates for office space is several Los Angeles-area communities have actually improved over the last quarter--despite what's been perceived as a serious real estate slump. The numbers don't reflect spectacular gains or a boom of any sort, but they do suggest that the leasing market may not be so bad after all. In the San Fernando Valley, for example, the vacancy rate for office space dipped from 15% in the first quarter of this year to 14% in the second quarter.