Stories for July 1999

Monday, July 26

Econowatch

The much-anticipated opening of "Terminator 2: 3D" at Universal Studios Hollywood has done little to lift the park's sagging attendance, according to industry watchers.

Warehouse

While searching for real estate opportunities a few years back, Vicky Schiff went beyond the obvious.

Latino

Developers have seized upon the idea of turning shopping malls into open-air town centers as a way of attracting upscale, suburban shoppers who have grown tired of spending their spare time at a traditional enclosed mall.

List

Unemployment has reached record lows in Southern California, but you'd never know it by looking at the biggest companies in the San Fernando Valley.

Letter Hudson

After reading your article in the July 12 edition ("A New Wave of Space"), I was disappointed to see the negative quote attributed to me when in fact I was one of the brokers stating that there is less call for concern (about a glut of office space in the

Fast Track

Anyone who has spent time in front of a television set has undoubtedly heard the music of Megatrax not that the tunes are likely to be noticed.

Spotlight

Origins: Was part of a Spanish land grant in the late 1700s that was later sold to David Burbank, a dentist and one of the city's founders. Lockheed Corp. came to town in 1928, putting the city on the map as a major aerospace center.

RE Column

After languishing for six months, the San Fernando Valley office market showed definite signs of life in the second quarter.

Internet

Tisno Onggara ruefully recalls the time three years ago when he had a chance to make an early-stage investment in Stamps.com, an L.A.-based company that allows users to download postage via the Internet.

Digest

Homes: Tejon Ranch Co. announced it will join with Pardee Construction Co., Lewis Investment Co. LLC and W.L. Homes LLC to develop a 4,000-acre master-planned community in north Los Angeles County. The project site is east of Interstate 5, north of Highwa

Commentary

The United Chambers of Commerce of the San Fernando Valley supported the new charter for the city of Los Angeles that passed on June 8. We supported it because it represented an improvement, in some cases minor and in others major, over the old charter. W

Redevelopment

The last major redevelopment site in downtown Burbank is about to be transformed, bringing to a conclusion an area-wide redevelopment effort that began nearly 20 years ago.

Profile

A cat named Molly greets visitors to the management office of the Panorama Mall. The calico showed up one day a few months ago and has lived in the office ever since, her wicker bed tucked discretely under one of the desks.

Elsuper

The new 49,000-square-foot El Super supermarket on Parthenia Street in Panorama City looks a lot like a Costco, except the signs are in Spanish, and pig's butt or lamb's head aren't available at Costco.

Brilliant

Brilliant Digital Entertainment bought a London-based auction channel with plans to launch it as a cable network in the U.S., only with a twist: customers will watch auctions on television and make their bids over the Internet.

Valley Talk

DreamWorks SKG fever seems to have hit all parts of the San Fernando Valley, with cities from Burbank to L.A. falling all over themselves to woo the entertainment company following its decision to pull out of the proposed Playa Vista development.

Monday, July 12

Digest

City Councilman Joel Wachs of Studio City announced he will run for mayor of Los Angeles in 2001, the first Valley politician to do so. Wachs became the third person to file an intent to run, which allows him to start fund raising. So far, Wachs will be u

Profile

At one end of Mee H. Lee's desk in her office at the Sherman Oaks Galleria is a collection of beanie babies. Two hard hats are stacked at the other.

Valley Talk

For 10 years, Shaunna Nash has publicized her residential real estate business by buying bus bench space in the Sun Valley neighborhood where she specializes.

Commentary

In the business world, information is power. In the proposed secession of the San Fernando Valley from the city of Los Angeles, information will also be power. It will be the raw material which fuels the feasibility study being performed by the Local Agen

Fast Track

Goal: To grow the business until Moulton can retire and turn it over to the employees

Office

Last year at this time, brokers and property managers looked out over the horizon of business parks in the West San Fernando Valley and thought that the sky was the limit.

Econowatch

Industrial vacancy rates rose in most areas of the San Fernando Valley during the 12 months ended June 30, according to Grubb & Ellis Co.

Letter Katz

The business community, having played a major role in the passage of the new city charter, must continue its participation in the process. The job of making city charter reform work has just begun.

RE Column

The debate over the future of high-definition television has not stopped one local company from gearing up for the new technology.

DreamWorks

News that DreamWorks SKG had abandoned plans for its Playa Vista studio complex had Los Angeles political leaders giddy over the prospect of attracting the studio to North Hollywood.

FX

Everybody wants to be a producer even the folks at L.A.'s digital special-effects houses.

Tower

As the once-popular Sherman Oaks Galleria tries to reinvent itself, it's perhaps appropriate that its anchor tenant will be a retailer that is attempting to do much the same thing.

List

The Valley's largest public companies turned in a fairly mediocre performance last year. Though nine of the top 15 reported better earnings than in 1997, the biggest company in the Valley, Walt Disney Co., turned in its worst performance in years, and two

Sport Chalet

Considering recent history, it seems an odd time for a sporting-goods chain to go on an expansion drive in Southern California. But that isn't stopping Sport Chalet.

Airport

Officials from Burbank Airport and the city of Burbank are quietly negotiating behind the scenes to resolve a key sticking point that threatens to kill plans for a new air terminal, sources close to the process said.