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BUSINESS
June 15, 1999 | Daryl Strickland
In what is believed to be one of the biggest commercial leasing deals in Orange County this year, Fireman's Fund Insurance Co. signed a 10-year lease on 150,000 square feet of space in Irvine for $22 million, the leasing company said Monday. The build-to-suit structure, under construction at a 9.5-acre site at Jamboree Road and Walnut Avenue, is expected to open next June. Fireman's Fund will move 400 employees from its regional office in Tustin, a building it has occupied for 20 years.
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BUSINESS
June 15, 1999 | Daryl Strickland
In what is believed to be one of the biggest commercial leasing deals in Orange County this year, Fireman's Fund Insurance Co. signed a 10-year lease on 150,000 square feet of space in Irvine for $22 million, the leasing company said Monday. The build-to-suit structure, under construction at a 9.5-acre site at Jamboree Road and Walnut Avenue, is expected to open next June. Fireman's Fund will move 400 employees from its regional office in Tustin, a building it has occupied for 20 years.
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BUSINESS
August 13, 1997 | MELINDA FULMER, SPECIAL TO THE TIMES
Prompted by shrinking office vacancy rates and spiraling rents, a Phoenix-based developer plans to build a speculative high-rise office building near John Wayne Airport, the first such project in Orange County in seven years. Opus Southwest Corp. said Tuesday that it had formed a joint venture with SPI/Irvine Holdings, the owner of the last remaining acres in Koll Center Irvine North, to build a 12-story office building of about 250,000 square feet.
BUSINESS
August 13, 1997 | MELINDA FULMER, SPECIAL TO THE TIMES
Prompted by shrinking office vacancy rates and spiraling rents, a Phoenix-based developer plans to build a speculative high-rise office building near John Wayne Airport, the first such project in Orange County in seven years. Opus Southwest Corp. said Tuesday that it had formed a joint venture with SPI/Irvine Holdings, the owner of the last remaining acres in Koll Center Irvine North, to build a 12-story office building of about 250,000 square feet.
REAL ESTATE
June 7, 1987
Metropolis, a 21-story, mixed-use high-rise apartment building is being planned in the Marina Redevelopment Area of downtown San Diego as a project of Los Angeles developers Neil Senturia, Arthur Pastel and Michael Moers. The partners have entered into an exclusive agreement with the San Diego Centre City Development Corp. to build the $36-million, 440,000-square-foot development. The structure will include commercial space, offices and 214 apartments. Opus Southwest Corp.
BUSINESS
November 26, 1997 | MELINDA FULMER, SPECIAL TO THE TIMES
Howard-Platz Group of Glendale has revived its long-dormant plans to build a nine-story office building and a 362-car garage on North Brand Boulevard in Glendale. The developer has already begun demolishing several small buildings on the site to make way for the 170,000-square-foot office building. Construction could begin in the next month or two, said Derrill Quaschnick, assistant director of the Glendale Redevelopment Agency. The $16.3-million construction contract was recently awarded to St.
BUSINESS
June 22, 1999
* The Salvation Army acquired a 12-story, 200,000-square-foot office building at 180 E. Ocean Blvd. in downtown Long Beach from Lowe Enterprises for $27 million. The seller was represented by Lowe's Darren Bell and Robert Garey of Matlow Kennedy. The buyer was represented by Jim Binns of Collins Commercial. The building will serve as the new Western regional headquarters for the Salvation Army. * Fireman's Fund Insurance Co.
BUSINESS
July 13, 1999
A look at recent commercial leasing and sales activity in Orange County. LEASES Office * Fireman's Fund Insurance Co. Business: casualty insurance Address: Southeast corner of Walnut Avenue and Jamboree Road, Irvine Space: 150,000 sf Term: 10 years Value: $22 million Landlord: Opus Southwest Corp. Lessee broker: Lee & Associates Landlord broker: Lee & Associates * Hunter Barth Business: advertising agency Address: 333 W. Bay St., Costa Mesa Space: 9,800 sf Value: $1.
BUSINESS
May 6, 1997 | MELINDA FULMER, SPECIAL TO THE TIMES
Signaling what may be a new wave of hotel development, two companies have purchased land for three new hotels with a total of more than 250 rooms in and around this planned community in South County. Denver-based Stonebridge Companies, which operates 16 hotels in the Western U.S., has purchased four acres fronting the Foothill Transportation Corridor near Lake Forest Drive for $1.84 million.
REAL ESTATE
June 28, 1987 | DAVID M. KINCHEN, Times Staff Writer
From the "Golden Triangle" to the "Platinum Corridor" there is a metallic ring to commercial development in San Diego's North County. "Platinum Corridor" is developer Dean Greenberg's nickname for the concentration of commercial development around Carlsbad's Palomar Airport, at Palomar Airport Road and El Camino Real, where a total of 21 million square feet of space is expected to be constructed when all the lots are sold.
BUSINESS
August 13, 1997 | MELINDA FULMER, SPECIAL TO THE TIMES
Prompted by shrinking office-vacancy rates and spiraling rents, a Phoenix-based developer plans to build a speculative high-rise office building near John Wayne Airport, the first such project in Orange County in seven years and another sign that new commercial real estate development is beginning to come back in Southern California. Opus Southwest Corp.
BUSINESS
September 6, 1996
Elizabeth A. Gorbett-Frost has been appointed vice president of finance and administration for Techniclone International Corp., a Tustin biotechnology company engaged in the research and development of drug delivery systems. She will oversee human resources and financial management. Gorbett-Frost joined the company from Deloitte & Touche LLP, where she was partner-in-charge of the Life Sciences Industry Group in the Costa Mesa office.
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