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Wednesday, Apr 24, 2024

The Valley’s 2001 Commercial Real Estate Winners

The Valley’s 2001 Commercial Real Estate Winners How 2001 Real Estate Award Winners Were Determined With this special report on commercial real estate activity in 2001, the San Fernando Valley Business Journal inaugurates what it anticipates will be an annual ranking of the most active real estate brokers and the most significant transactions in its coverage area. This first listing is limited to office and industrial properties. In coming years, we expect to expand the rankings to include land, multi-housing and retail transactions. All results and rankings are based on information supplied by real estate brokerages. Real estate brokerage offices in the San Fernando Valley region were contacted and asked to supply data on their top performing brokers and on the largest office and industrial transactions they had during 2001. The size of the deal was measured by square footage involved, not the dollar amount. Results were then tabulated to determine the top performing brokers and the largest deals for each of three regions: the San Fernando, Conejo and Santa Clarita valleys. Where two or more brokers were involved in a single transaction, we assigned the total square footage of the deal to each broker. That often resulted in a team of brokers achieving the same ranking. For purposes of defining regions within the coverage area of the San Fernando Valley Business Journal, transactions that involve properties in the San Fernando Valley portion of Los Angeles, Agoura Hills, Burbank, Calabasas and Glendale are considered the San Fernando Valley. Transactions involving properties in Camarillo, Moorpark, Newbury Park, Simi Valley, Thousand Oaks and Westlake Village are considered the Conejo Valley. Transactions involving properties in Acton, Canyon Country, Santa Clarita, Newhall, Saugus and Valencia are considered the Santa Clarita Valley. The top brokers are ranked by the total square footage of deals they completed during 2001. In the case of lease activity, leases had to be signed in 2001, regardless of when the tenant moved into the property. In the case of sales, the deal had to close escrow during 2001. To be considered a new office or retail development, the development had to have opened in 2001.

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