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REAL ESTATE
September 29, 1985
Plans to develop a $150-million, 32-story office tower immediately west of the Harbor Freeway at 7th Street have been announced. The area has been called "the apex of the newly emerging nucleus of downtown Los Angeles." A project of Torrance-based Transpacific Development Co., the 680,000-square-foot building will be known as Transpacific Center when it is completed in late 1987. Ground breaking is scheduled for early 1986.
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REAL ESTATE
September 29, 1985
Plans to develop a $150-million, 32-story office tower immediately west of the Harbor Freeway at 7th Street have been announced. The area has been called "the apex of the newly emerging nucleus of downtown Los Angeles." A project of Torrance-based Transpacific Development Co., the 680,000-square-foot building will be known as Transpacific Center when it is completed in late 1987. Ground breaking is scheduled for early 1986.
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BUSINESS
May 24, 1991
This Irvine high-rise office building, also known as the Citicorp Tower, features a granite exterior and a two-story lobby. Completed in 1986 at the corner of Michelson Drive and Teller Avenue, the 16-story tower ranks as one of the largest office buildings in Orange County. FACTS AND FIGURES Address: 2600 Michelson Drive, Irvine Developer: Transpacific Development Co.
REAL ESTATE
August 9, 1987
Marriott Corp. has purchased 3.74 acres in Park Del Amo, Torrance, for a $10-million, 149-room Courtyard hotel, according to Transpacific Development Co., which is developing the 184-acre office park. Ground breaking for the hotel is scheduled for September, with completion set for July.
REAL ESTATE
July 28, 1985
The first of six towers planned for South Coast Metro Center in Costa Mesa is more than 30% pre-leased with leases valued in excess of $10 million, according to Transpacific Development Co., developer of the project. The $190-million, granite-clad project at 575 Anton Boulevard was designed by Gin Wong Associates.
REAL ESTATE
February 14, 1988
Absorption of major office space in the Irvine Business Complex has risen to 86%, representing a 4% increase in the past six months, according to the Irvine Business Complex consortium. The consortium consists of 11 developers, according to Jay Carnahan, vice president for marketing for Transpacific Development Co., one of the 11. About 6.5 million square feet of the available 7.6 million square feet in major projects had been leased as of Oct. 31.
REAL ESTATE
August 18, 1985
The city of Irvine's tallest structure--the 16-story 2600 Michelson office building--has been topped out ahead of schedule. Completion of the $70-million, 327,000-square-foot building at the northwest corner of Michelson Drive and Teller Avenue is scheduled for next May, according to a spokesman for Transpacific Development Co., the Torrance-based developer. Gin Wong Associates/Architects, designed the six-sided, granite-clad tower and C.L. Peck Contractors is the general contractor.
REAL ESTATE
March 24, 1985
The $70-million Marina Business Center in Marina del Rey has been completed. A project of Transpacific Development Co., the 400,000-square-foot office park has opened its final phase adjacent to the Marina Freeway at Mindanao Way and Glencoe Avenue. Designed by Herbert Nadel AIA & Partners of Los Angeles, the three three-story office buildings and three two-story high-tech/office buildings were built by Jones Brothers Construction Corp. of Beverly Hills. Coldwell Banker is handling leasing.
REAL ESTATE
September 24, 1989
More than 32,250 square feet of office space has been leased at an estimated value of $2.5 million at Santa Monica Business Park, bringing occupancy of the 1.1 million-square-foot project to about 96%. Among the new tenants are Judicial Arbitration and Mediation Services; Murray Hill Center West, a product marketing and research firm; Jaycor, a high-tech firm, and American Educational Computer Inc., a software design firm. In addition, the U.S.
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