- California Commercial Real Estate | LPC SoCal
Transcription
- California Commercial Real Estate | LPC SoCal
16 LOS ANGELES BUSINESS JOURNAL THE LIST THE PACESETTER: With 14.5 million square feet of commercial real estate space developed since 2000 in Los Angeles County, Watson Land Co. is the largest developer in the area. The Carson-based company completed 62 projects since 2000, including new construction and renovations. Watson Land primarily develops industrial properties and has facilities in Carson and Rancho Dominguez. HOLLYWOOD: J.H. Snyder Co. is currently working on several projects, including 1601 Vine St., an office building which broke ground last year. Construction Boom The end of the recession has led to a steep rise in construction by L.A.’s biggest developers. (millions of sq. ft.) 2010 2011 2012 0.5 0.6 1.8 2013 2014 7 7.5 4 1 0 ’10 ’11 ’12 ’13 Source: Business Journal research ’14 L.A. County Projects Developed Since 2000 Total L.A. County Current L.A. Other L.A. Projects County Projects Projects Profile Top Local Executive • name • headquarters • name • address • square feet • developed • under construction • renovations • year founded • title • website • number of projects • owned • entitled only • fee work • offices (L.A./total) • phone (sq. ft.) (sq. ft.) (sq. ft.) Watson Land Co. 22010 Wilmington Ave. Carson 90745 watsonlandcompany.com 14,525,000 62 20,100,000 18,650,000 1,650,000 4,000,000 2 Sares-Regis Group 18802 Bardeen Ave. Irvine 92612 sares-regis.com 8,250,000 13 8,250,000 1,700,000 140,000 5,000,000 3 Majestic Realty Co. 13191 Crossroads Parkway, Sixth Floor City of Industry 91746 majesticrealty.com 7,946,600 347 48,060,105 38,457,972 166,406 2,222,243 4 Trammell Crow Co. 2221 Rosecrans Ave., Suite 200 El Segundo 90245 trammellcrow.com 7,600,587 29 37,796,604 1,129,000 29,000 373,510 5 NewMark Merrill Cos. 5850 Canoga Ave., Suite 650 Woodland Hills 91367 newmarkmerrill.com 7,115,135 92 7,115,135 1,333,563 0 0 6 M. David Paul Ventures 100 Wilshire Blvd., Suite 1600 Santa Monica 90401 mdpa.com 6,167,117 814 7,634,607 7,478,438 0 2,909,125 718,135 Santa Monica NA 1967 12/12 7 Prologis 17777 Center Court Drive N., Suite 100 Cerritos 90703 prologis.com 6,101,790 15 11,301,790 20,621,822 0 0 0 San Francisco 0 1983 1/33 8 Lincoln Property Co. 915 Wilshire Blvd., Suite 2050 Los Angeles 90017 lpcsocal.com 5,600,000 17 7,800,000 11,622,702 930,000 600,000 685,000 Dallas 100,000 1965 26/60 David S. Binswanger Sr. Executive Vice President, Southern California (213) 538-0900 9 Tishman Speyer 400 S. Hope St., Suite 200 Los Angeles 90071 tishmanspeyer.com 5,495,000 12 5,495,000 2,200,000 625,000 0 600,000 New York 0 1978 1/30 Mark R. Laderman Regional Managing Director (213) 443-5040 10 Overton Moore Properties 19300 S. Hamilton Ave., Suite 200 Gardena 90248 omprop.com 5,211,955 11 28,735,201 500,000 355,000 290,000 NA Gardena 193,000 1972 1/1 Timur Tecimer CEO (310) 323-9100 11 AEG 800 W. Olympic Blvd., Suite 305 Los Angeles 90015 aegworldwide.com 5,200,000 9 6,300,000 6,300,000 0 0 0 Los Angeles 0 1999 NA/NA 12 J.H. Snyder Co. 5757 Wilshire Blvd., Penthouse 30 Los Angeles 90036 jhsnyder.net 5,149,000 16 8,475,000 1,400,000 350,000 NA NA Los Angeles NA 1949 1/1 13 Ratkovich Co. 700 S. Flower St., Suite 2600 Los Angeles 90017 ratkovich.com 5,004,000 7 8,950,000 3,226,260 193,742 NA 1,800,000 Los Angeles NA 1972 4/4 Wayne Ratkovich CEO, President (213) 486-6500 14 Chalmers Equity Group 7901 Crossway Drive Pico Rivera 90660 chalmersequity.com 4,944,578 57 5,001,578 1,648,203 227,045 1,095,655 0 Pico Rivera 769,000 1996 1/1 Trace Chalmers President (562) 948-4850 15 Xebec Realty Partners 3010 Old Ranch Parkway, Suite 470 Seal Beach 90740 xebecrealty.com 4,500,965 30 5,540,479 11,132 433,639 58,611 0 Seal Beach 482,679 1996 1/2 Randy Kendrick CEO (562) 546-0200 16 MJW Investments 1640 Fifth St., Suite 112 Santa Monica 90401 mjwinvestments.com 3,911,000 52 4,330,000 2,340,000 NA NA 17 Carson Estate Trust 100 Bayview Circle Newport Beach 92660 carsoncompanies.com 3,437,000 22 15,550,000 9,235,000 0 0 18 Meta Housing Corp. 1640 S. Sepulveda Blvd., Suite 425 Los Angeles 90025 metahousing.com 3,384,930 33 3,928,260 3,928,260 210,192 407,888 0 Los Angeles 0 1993 1/1 Kasey Burke President (310) 575-3543 19 Rexford Industrial 11620 Wilshire Blvd., Suite 1000 Los Angeles 90025 rexfordindustrial.com 3,264,608 94 3,264,608 2,990,242 0 0 0 Los Angeles 0 2001 1/1 Howard Schwimmer/ Michael Frankel Co-CEOs (310) 966-1680 20 Festival Cos. 9841 Airport Blvd., Suite 700 Los Angeles 90045 festivalcos.com 3,200,000 24 12,980,000 488,618 898,220 NA NA Los Angeles NA 1980 2/3 Mark A. Schurgin/ Rosalind J. Schurgin President/CEO (310) 665-9600 3 2 Ranked by square footage developed in L.A. County since Jan. 1, 2000 1 6 5 Next week The Largest Architecture and Interior Design Firms in L.A. County COMMERCIAL REAL ESTATE DEVELOPERS Rank Company 8 7 January 19, 2015 NA - Not Available Note: The information on this list was provided by representatives of the companies themselves. Several developers may have qualified for this list, but declined to provide information. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions and 500,000 Carson NA 1912 1/2 0 Irvine 0 1993 1/7 85,428 City of Industry 0 1948 1/6 0 Dallas 1,220,000 1948 1/15 0 Woodland Hills 0 1997 3/8 NA Santa Monica NA 1980 2/4 805,000 Newport Beach 0 1914 1/3 Bruce A. Choate CEO, President (310) 952-6400 John S. Hagestad, Managing Director Peter Rooney, President (949) 756-5959 Edward P. Roski Jr. Chairman, President (562) 692-9581 Bradley T. Cox Senior Managing Director (310) 363-4700 Sandy Sigal CEO, President (818) 710-6100 Jeffrey M. Worthe/ M. David Paul President/General Partner (310) 393-9653 Kim Snyder/Scott Irwin President/V.P., Investment Officer (562) 345-9200 Dan Beckerman CEO, President, AEG (213) 763-7700 Jerome Snyder/Michael Wise/ Lewis Geyser Partners (323) 857-5546 Mark Weinstein President (310) 395-3430 James D. Flynn President (949) 725-6500 typographical errors sometimes occur. Please send corrections or additions on company letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, Los Angeles 90036. ©2015 Los Angeles Business Journal. This list may not be reprinted in whole or in part without prior written permission from the editor. Reprints are available from the YGS Group, (800) 290-5460 ext. 100. Researched by David Nusbaum Construction Boom 16-18_CommercialDevelopers_List.16 16 1/15/2015 4:43:21 PM the list January 19, 2015 LOS ANGELES BUSINESS JOURNAL 17 COMMERCIAL REAL ESTATE DEVELOPERS Rank Company 21 22 23 24 25 26 27 28 Built Out The size of office markets, by segment. (millions of sq. ft.) Westside San Fernando Valley Downtown South Bay Tri-Cities Source: Jones Lang LaSalle 29 46.9 38.3 29.8 27.3 23.5 30 L.A. County Projects Developed Since 2000 Total L.A. County Current L.A. Other L.A. Projects County Projects Projects Profile Top Local Executive • name • headquarters • name • address • square feet • developed • under construction • renovations • year founded • title • website • number of projects • owned • entitled only • fee work • offices (L.A./total) • phone (sq. ft.) (sq. ft.) (sq. ft.) Primestor Development Inc. 201 S. Figueroa St. Los Angleles 90013 primestor.com IDS Real Estate Group 515 S. Figueroa St., 16th Floor Los Angeles 90071 idsrealestate.com Lowe Enterprises Inc. 11777 San Vicente Blvd., Suite 900 Los Angeles 90049 loweenterprises.com Seventh Street Development Inc. 3780 Kilroy Airport Way, Suite 520 Long Beach 90806 7thstreetdevelopment.com Continental Development Corp. 2041 Rosecrans Ave., Suite 200 El Segundo 90245 continentaldevelopment.com Caruso Affiliated 101 The Grove Drive Los Angeles 90036 carusoaffiliated.com Vestar Development Co. 7575 Carson Blvd. Long Beach 90808 vestar.com Kearny Real Estate Co. 1900 Avenue of the Stars, Suite 320 Los Angeles 90067 kearny.com Decron Properties Corp. 6222 Wilshire Blvd., Suite 400 Los Angeles 90048 decronproperties.com Watt Cos. 2716 Ocean Park Blvd., Suite 2025 Santa Monica 90405 wattcompanies.com Arturo Sneider CEO (310) 652-1177 3,000,000 15 5,000,000 2,482,119 320,000 0 300,000 Los Angeles 75,000 1999 1/1 2,712,280 15 5,130,280 0 153,278 281,000 0 Los Angeles 0 1986 4/8 2,330,000 10 6,330,000 15,674,600 326,000 NA NA Los Angeles NA 1972 2/8 David G. Mgrublian/ Murad Siam CEOs (213) 362-9300 Robert J. Lowe Chairman, CEO (310) 820-6661 2,030,000 24 2,030,000 494,000 494,000 NA NA Long Beach NA 2003 1/1 Craig Furniss President (562) 427-7771 1,500,000 13 3,600,000 2,877,000 225,000 0 72,000 El Segundo 0 1969 2/2 1,239,191 5 1,403,597 1,403,597 0 0 1,000,000 1 3,800,000 1,855,000 0 0 746,000 2 1,173,200 19,000 0 0 0 Los Angeles 0 1993 2/3 700,000 3 2,000,000 3,235,700 NA NA NA Los Angeles NA 1988 1/1 684,380 6 10,000,000 2,894,123 0 0 NA - Not Available Note: The information on this list was provided by representatives of the companies 0 Los Angeles 0 1980 1/1 300,000 Phoenix 0 1989 1/8 0 Santa Monica 0 1947 2/2 Richard C. Lundquist President (310) 640-1520 Rick J. Caruso CEO, President (323) 900-8100 Jeffrey M. Axtell Executive V.P., Acquisitions and Development (562) 938-1722 Jeff Dritley Managing Partner (310) 203-1840 David J. Nagel/Jack M. Nagel CEO, President/Chairman (323) 556-6600 Nadine Watt President (310) 314-2430 themselves. Several developers may have qualified for this list, but declined to provide information. Researched by David Nusbaum Continued on page 18 NEW YEAR. NEW OPPORTUNITY. Cassidy Turley is now DTZ Welcoming a world of opportunity for our clients and our people in Los Angeles. Experience local market leadership on a global scale. Jonathan Larsen, SIOR Regional Managing Principal [email protected] www.dtz.com Global Commercial Real Estate Services 16-18_CommercialDevelopers_List.17 17 1/15/2015 4:43:28 PM 18 LOS ANGELES BUSINESS JOURNAL the list COMMERCIAL REAL ESTATE DEVELOPERS Rank Company 31 LEASE: Panattoni Development Co. Inc. completed a 330,000square-foot building in Santa Fe Springs last year. 32 32 33 34 35 36 37 Industrial Space Central L.A.’s industrial market is the largest in the region. (millions of sq. ft.) 209 175 139 129 100 Central L.A. South Bay San Gabriel Valley North Los Angeles Mid-Cities 38 39 40 January 19, 2015 Continued from page 17 L.A. County Projects Developed Since 2000 Total L.A. County Current L.A. Other L.A. Projects County Projects Projects Profile Top Local Executive • name • headquarters • name • address • square feet • developed • under construction • renovations • year founded • title • website • number of projects • owned • entitled only • fee work • offices (L.A./total) • phone (sq. ft.) (sq. ft.) (sq. ft.) LaCaze Development Co. 2601 Airport Drive, Suite 300 Torrance 90505 N/A Panattoni Development Co. Inc. 20411 SW Birch St., Suite 200 Newport Beach 92660 panattoni.com Pacific Industrial 6272 Pacific Coast Highway, Suite E Long Beach 90803 pac-industrial.com Samuelson and Fetter 602 E. Huntington Drive, Suite D Monrovia 91016 samuelsonandfetter.com Cohen Bros. Realty Corp. 8687 Melrose Ave. West Hollywood 90069 cohenbrothersrealty.com Held Properties Inc. 1880 Century Park East, Suite 500 Los Angeles 90067 heldproperties.com Johnston Group 5142 Clareton Drive, Suite 240 Agoura Hills 91301 johnston-group.com Agora Realty and Management Inc. 15206 Ventura Blvd., Suite 306 Sherman Oaks 91403 agoraproperty.com Transpacific Development Co. 2377 Crenshaw Blvd., Suite 300 Torrance 90501 transdevco.com Katell Properties 100 Wilshire Blvd., Suite 1830 Santa Monica 90401 katellproperties.com 0 Torrance 0 1978 1/2 Norman R. LaCaze Principal (310) 534-0411 0 50,000 0 Sacramento 0 1986 1/28 Mark D. Payne Partner (949) 474-7830 421,265 421,265 188,570 442,000 0 Long Beach 0 2012 1/1 Dan Floriani/Neil Mishurda Partners (310) 430-4351 408,905 4 3,740,000 2,759,000 0 0 0 Monrovia 0 1948 2/5 Blaine Fetter/Reid Samuelson Principals (626) 305-5530 400,000 1 2,900,000 2,900,000 0 0 0 New York 0 1988 1/4 Charles S. Cohen CEO, President (212) 838-1800 400,000 3 1,800,000 600,000 0 0 200,000 Los Angeles 0 1946 1/1 360,000 4 565,000 310,000 0 0 0 Agoura Hills 0 1959 1/1 Jeffrey A. Johnston President (818) 879-9990 327,000 4 3,086,000 744,500 0 0 0 Sherman Oaks 0 1986 2/2 Cary Lefton CEO, President (818) 985-7100 269,000 2 4,503,000 540,000 0 0 0 Torrance 0 1954 1/3 Thomas G. Irish President (310) 618-3600 250,000 1 4,345,000 434,700 0 0 0 Santa Monica 0 1976 1/1 Gerald L. Katell President (310) 566-5866 541,000 3 3,865,000 2,765,000 0 0 480,000 4 668,187 0 421,265 3 NA - Not Available Note: The information on this list was provided by representatives of the companies Source: Jones Lang LaSalle Robert D. Held President (310) 300-2200 themselves. Several developers may have qualified for this list, but declined to provide information. Researched by David Nusbaum D TE I LIM VP RS G IN ! AT Y SE DA TO Friday, January 30, 2015 8:00 – 10:30AM Omni Hotel Los Angeles $45 per person (Space is limited, includes breakfast) Moderator Matthew Toledo Publisher & CEO Los Angeles Business Journal PRESENTING SPONSORS: 16-18_CommercialDevelopers_List.18 18 Panel of Experts Scott Anderson Senior Vice President and Chief Economist Bank of the West Lisa Detanna Senior Vice President, Investments Managing Director Raymond James, Global Wealth Solutions Group Jim Kruse Senior Managing Director, Investor Services CBRE Dr. Margaret Peterson President Dignity Health-California Hospital Medical Center Jens Weiden Chief Revenue Officer Rose Bowl Stadium Attendance is limited so RSVP today! Register at labusinessjournal.com/bizevents or by contacting Breanne Kamai at 323-549-5225 x203 or [email protected]. 1/15/2015 4:43:35 PM