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Who's Been Buying, Selling.


                        Who's Been Buying, Selling
                  The 25 largest real estate acquisitions
                 in Los Angeles County during the past 12
                  months involved properties of virtually
                   every description and in almost every
                               area of town.
                                         Sales Price   Close
Property                                (in millions)   Date
MGM Plaza                                   $360        4/00
2401-2525 Colorado Ave., Santa Monica
Pacific Design Center                        165      10/19/99
8687 Melrose Ave, W. Hollywood
Santa Monica Place                           130      11/1/99
220 Broadway, Santa Monica
1888 Century Park East                       111      8/25/99
Century City
5350-5580 Bandini Blvd.                     98.6      10/18/99
Bell
Fairmont Miramar Hotel                      90.6       9/8/99
101 Wilshire Blvd., Santa Monica
CaliforniaMart                               90         5/00
110 E. Ninth St., Downtown L.A.
Le Meridian (formerly the Hotel Nikko)      82.3      7/22/99
435-465 S. La Cienega Blvd., Beverly
Hills
1801 Century Park East                       81       8/25/99
Century City
The Alhambra                                72.5      11/15/99
1000, 1101 S. Fremont Ave., Alhambra
Central Plaza                                70        7/1/99
3440-3470 Wilshire Blvd., Los Angeles
Metroplex                                    70        7/1/99
3530 Wilshire Blvd., Los Angeles
5813 Drexel Ave. and 6220 W. Third St.      63.8      8/19/99
Miracle Mile District, Los Angeles
2750-2909 Oregon Court                      63.8       9/2/99
Torrance
611 W. 6th St. (formerly AT&T Tower)         60       11/29/99
Downtown L.A.
Studio City Apartments                      58.5       3/7/00
10975 Bluffside Dr., North Hollywood
Wilshire Bundy Plaza                         54       10/26/99
12121 Wilshire Blvd., Los Angeles
Gateway Towers                              53.5      6/29/99
970-990 W. 190th St., Torrance
West Wilshire Center                         45         5/00
11620 Wilshire Blvd., West L.A.
Tennis Club Apartments                       41        9/8/99
22100 Erwin St., Woodland Hills
Wilshire Crescent Building                   37         4/00
9333 Wilshire Blvd., Beverly Hills
Woodland Hills West                          35       9/30/99
22222 Victory Blvd., Woodland Hills
Comerstone Plaza                            32.5       8/5/99
1990 S. Bundy Dr., Los Angeles
Torrance Civic Plaza/Torrance Financial      32       8/11/99
Plaza
3828-3878 W. Carson St., Torrance
20770 Madrona Ave.                           31       12/17/99
Torrance
                                                 Property
Property                                           Type
MGM Plaza                                        Mid-Rise [2]
2401-2525 Colorado Ave., Santa Monica
Pacific Design Center                           High-Rise [1]
8687 Melrose Ave, W. Hollywood
Santa Monica Place                           Regional Center
220 Broadway, Santa Monica
1888 Century Park East                          High-Rise [1]
Century City
5350-5580 Bandini Blvd.                      Industrial Park
Bell
Fairmont Miramar Hotel                            Hotel
101 Wilshire Blvd., Santa Monica
CaliforniaMart                            Wholesale Apparel Mart
110 E. Ninth St., Downtown L.A.
Le Meridian (formerly the Hotel Nikko)            Hotel
435-465 S. La Cienega Blvd., Beverly
Hills
1801 Century Park East                          High-Rise [1]
Century City
The Alhambra                                   Office Park
1000, 1101 S. Fremont Ave., Alhambra
Central Plaza                                  Office Park
3440-3470 Wilshire Blvd., Los Angeles
Metroplex                                       High-Rise [1]
3530 Wilshire Blvd., Los Angeles
5813 Drexel Ave. and 6220 W. Third St.  Multi-Family (1,130 Units)
Miracle Mile District, Los Angeles
2750-2909 Oregon Court                       Industrial Park
Torrance
611 W. 6th St. (formerly AT&T Tower)            High-Rise [1]
Downtown L.A.
Studio City Apartments                   Multi-Family (450 Units)
10975 Bluffside Dr., North Hollywood
Wilshire Bundy Plaza                            High-Rise [1]
12121 Wilshire Blvd., Los Angeles
Gateway Towers                              2 High-Rises+Land
970-990 W. 190th St., Torrance
West Wilshire Center                          Office Complex
11620 Wilshire Blvd., West L.A.
Tennis Club Apartments                   Multi-Family (474 Units)
22100 Erwin St., Woodland Hills
Wilshire Crescent Building                   Office Building
9333 Wilshire Blvd., Beverly Hills
Woodland Hills West                      Multi-Family (446 Units)
22222 Victory Blvd., Woodland Hills
Comerstone Plaza                                 Mid-Rise [2]
1990 S. Bundy Dr., Los Angeles
Torrance Civic Plaza/Torrance Financial        Office Park
Plaza
3828-3878 W. Carson St., Torrance
20770 Madrona Ave.                        Multi-Tenant Low-Rise [3]
Torrance
Property                                Buyer
MGM Plaza                               Tishman Speyer Properties
2401-2525 Colorado Ave., Santa Monica
Pacific Design Center                   Cohen Bros. Realty/Cheslock Bakker
8687 Melrose Ave, W. Hollywood          Opportunity Fund
Santa Monica Place                      Macerich Co.
220 Broadway, Santa Monica
1888 Century Park East                  Bentall US LLC
Century City
5350-5580 Bandini Blvd.                 Clarion Partners
Bell
Fairmont Miramar Hotel                  Maritz, Wolff & Co.
101 Wilshire Blvd., Santa Monica
CaliforniaMart                          Hertz Investment Group
110 E. Ninth St., Downtown L.A.
Le Meridian (formerly the Hotel Nikko)  Le Meridien
435-465 S. La Cienega Blvd., Beverly
Hills
1801 Century Park East                  Douglas Emmett & Co.
Century City
The Alhambra                            Ratkovich Co. and investors
1000, 1101 S. Fremont Ave., Alhambra
Central Plaza                           Dr. David Y. Lee
3440-3470 Wilshire Blvd., Los Angeles
Metroplex                               Dr. David Y. Lee
3530 Wilshire Blvd., Los Angeles
5813 Drexel Ave. and 6220 W. Third St.  Casden Properties
Miracle Mile District, Los Angeles
2750-2909 Oregon Court                  First Industrial Realty Trust/
Torrance                                Carlyle Group
611 W. 6th St. (formerly AT&T Tower)    Jacob Chetrit
Downtown L.A.
Studio City Apartments                  Archstone Communities Trust
10975 Bluffside Dr., North Hollywood
Wilshire Bundy Plaza                    Lowe Enterprises
12121 Wilshire Blvd., Los Angeles
Gateway Towers                          Carlyle Realty
970-990 W. 190th St., Torrance
West Wilshire Center                    Lowe Enterprises Investment
11620 Wilshire Blvd., West L.A.         Management
Tennis Club Apartments                  The Bascom Group
22100 Erwin St., Woodland Hills
Wilshire Crescent Building              Clarity Realty partners
9333 Wilshire Blvd., Beverly Hills
Woodland Hills West                     Essex Property Trust
22222 Victory Blvd., Woodland Hills
Comerstone Plaza                        Granite Advisory LLC
1990 S. Bundy Dr., Los Angeles
Torrance Civic Plaza/Torrance Financial Muller Co.
Plaza
3828-3878 W. Carson St., Torrance
20770 Madrona Ave.                      Southwest Value Partners
Torrance
Property                                Seller
MGM Plaza                               Maguire Partners
2401-2525 Colorado Ave., Santa Monica
Pacific Design Center                   Techers Insurance & Annuity Assoc.
8687 Melrose Ave, W. Hollywood
Santa Monica Place                      The Rouse Co.
220 Broadway, Santa Monica
1888 Century Park East                  Walton Street Capital
Century City
5350-5580 Bandini Blvd.                 NewCrow III
Bell
Fairmont Miramar Hotel                  Fujita Corp. USA
101 Wilshire Blvd., Santa Monica
CaliforniaMart                          Equitable Life Assurance Society of
110 E. Ninth St., Downtown L.A.         the U.S.
Le Meridian (formerly the Hotel Nikko)  Beverly Park Associates
435-465 S. La Cienega Blvd., Beverly
Hills
1801 Century Park East                  JMB Group Trust III
Century City
The Alhambra                            Santa Fe (U.S. Holdings) Inc.
1000, 1101 S. Fremont Ave., Alhambra
Central Plaza
3440-3470 Wilshire Blvd., Los Angles   Teachers Insurance & Annuity Assoc.
Metroplex                               Teachers Insurance & Annuity Assoc.
3530 Wilshire Blvd., Los Angeles
5813 Drexel Ave. and 6220 W. Third St.  Prime Property Capital
Miracle Mile District, Los Angeles
2750-2909 Oregon Court                  Pacifica Capital Group VI LC
Torrance
611 W. 6th St. (formerly AT&T Tower)    Mitsui Fudosan (USA) Inc.
Downtown L.A.
Studio City Apartments                  Forest City Development
10975 Bluffside Dr., North Hollywood
Wilshire Bundy Plaza                    TIAA Realty Inc.
12121 Wilshire Blvd., Los Angeles
Gateway Towers                          Nissan-Real Estate Corp. USA
970-990 W. 190th St., Torrance
West Wilshire Center                    A Wilson Comerstone subsidiary
11620 Wilshire Blvd., West L.A.
Tennis Club Apartments                  Warner Center Group LC
22100 Erwin St., Woodland Hills
Wilshire Crescent Building              J.P. Morgan & Co.
9333 Wilshire Blvd., Beverly Hills
Woodland Hills West                     Oakwood Corporate Housing
22222 Victory Blvd., Woodland Hills
Comerstone Plaza                        RREEF Funds
1990 S. Bundy Dr., Los Angeles
Torrance Civic Plaza/Torrance Financial John Hancock Mutual Life Insurance
Plaza
3828-3878 W. Carson St., Torrance
20770 Madrona Ave.                      Epson Madrona Headquarters
Torrance                                Partnership
Notes
(1.)Nine stories or higher
(2.)Four-eight stories
(3.)One-three stories
Sources: Grubb & Ellis Co., Business Journal Research
COPYRIGHT 2000 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:financial activity in Los Angeles County real estate market
Comment:Who's Been Buying, Selling.(financial activity in Los Angeles County real estate market)
Publication:Los Angeles Business Journal
Article Type:Statistical Data Included
Geographic Code:1U9CA
Date:Jun 12, 2000
Words:1178
Previous Article:Biggest Buys in Past Year Targeted Diverse Properties.(Brief Article)(Statistical Data Included)
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