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Tuesday, 06 June 2000

West Regional Digest (6/7/00): Juniper wins bid battle for Lockheed parcel

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June 7, 2000

Juniper wins bid battle for Lockheed parcel
The San Jose Mercury News, June 7

SUNNYVALE, Calif. – Juniper Networks has won the bidding to buy 79 acres here containing more than a dozen buildings with 985,000 square feet of office space from aerospace giant Lockheed Martin Corp. The winning bid for the land, located just east of Moffett Field along Mathilda Avenue, was about $200 million, according to a real estate agent for a losing bidder.

Builders place bets on high-rise luxury housing in Vegas
The Wall Street Journal, June 7

LAS VEGAS, Nev. – Turnberry Associates have taken a gamble on its latest development here, a luxury residential tower in a tourist town. The Florida developer is building a $600 million luxury high-rise that will contain 750 luxury condo units, ranging from two- to five-bedroom condos or 1,550 to more than 8,000 sf. Plans also include a $23 million club and spa and 14-foot walls.

Portland tower approaches successful opening
The Wall Street Journal, June 7

PORTLAND, Ore. – Developer Thomas Moyer is on track to lease up most of his Fox Tower by the time the 27-story speculative office tower opens later this year. Salomon Smith Barney Inc. has signed a lease for 24,000 sf in a deal brokered by Cushman & Wakefield.

Spec buildings on the rise in Ontario, Calif.
The Los Angeles Times, June 7

ONTARIO, Calif. – Demand for industrial space around the airport here is so great that Shea Properties, which just filled up three large industrial buildings it recently completed, is planning to develop three more on the site, south of Interstate 10 on Airport Drive. The city offers developers a steady supply of cheap land, a commodity becoming harder to find, and low city fees.

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


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Additional Info

  • Syndicate to Realpoint: No
  • 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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