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Wednesday, 19 June 2002

West Regional Digest (6/20/02): Thomas Properties' to Build Corporate Campus in El Segundo, Calif.

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June 20, 2002

Thomas Properties' El Segundo campus receives voters approval

EL SEGUNDO, Calif. – City voters in a referendum held Tuesday approved Thomas Properties Group's 46-acre El Segundo Corporate Campus. According to a company Web site, the complex property on the east side of Sepulveda Boulevard at Mariposa and Nash streets and has been vacant for more than 10 years. Thomas Properties plans a mixed-use businesses complex that will attract businesses to the city.

Oakland to undergo $120 million face-lift Oakland hopes project will lure businesses, tourists
Oakland Tribune

OAKLAND, Calif. – City leaders are banking on the Hegenberger Road and 98th Avenue gateway becoming an attractive destination for offices and tourists. And as importantly, the $120 million project – funded by the city, the Port of Oakland, the state and the federal government – should help make the area leading to the airport much more welcoming. While officials admit that palm trees and tall banners will not cure all of the area's problems, they consider them critical steps in the right direction. According to development plans for the next 10 years, more than a million square feet of office space will be added to what is now a mix of small hotels, warehouses and vacant lots.

Seattle Savings Bank Provides $3.8Mln of financing for Seattle development

SEATTLE – Seattle Savings Bank has provided $3.8 million of financing for the refurbishment of a historic 13-unit Queen Anne development. Barcelona Court condominiums, slated for completion this fall, will be updated with modern conveniences and appliances. The development's exterior will be renovated with a new roof and new windows and doors.

Macy's to anchor Victoria Gardens mall in Calif.

RANCHO CUCAMONGA, Calif. – Macy's has signed a letter of intent to anchor the proposed 1.3 million-sf Victoria Gardens in the heart of the Inland Empire. Robinsons-May and the Rancho Cucamonga Cultural Arts Center will also anchor the open-air center. Each retailer is planning a two-level store, with both Macy's and Robinsons-May at 180,000 sf each. Forest City is concluding negotiations with an additional anchor, which will be announced soon.

Outlet mall developers plan to close escrow
Las Vegas Review Journal

LAS VEGAS –The developers of a high-end outlet mall plan to close on a purchase of a 39-acre parcel of vacant land across the street from the County Government Center. Chelsea Property Group plans to begin construction July 2 on the project.

Commercial Real Estate Direct provides links to full stories where available.


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  • Subject: West Regional Digest (WDIG)
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Data Digest







Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44




cppichart FP



CMBS 2.0 Spreads


Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41





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