Unocal's new lease runs for five years at Continental Park,report R. Todd Doney and Grafton Tanquary of CBRE. Doney andTanquary represented the oil company in negotiations with landlordContinental Development Corp., which represented itself. Unocal'sspace is at the class A, 85-acre Continental Park, a mid-rise2.5-million-sf project along the Rosecrans corridor. Unocal is oneof the world's largest independent natural gas and crude oilexploration and production companies.In the Culver City-Fox Hillstransaction, Chris Strickfaden of PM Realty Group reports that theBoard of Equalization is remaining in the same amount of space insigning its deal at 5901 Green Valley Circle, a 120,000-sf buildingat the Promontory, a low-rise complex just off Interstate 405 nearthe Fox Hills Mall. Strickfaden and Jim Bowers of PM Realtyrepresented building owner TIAA CREF in the lease, which keeps theproject 100% occupied. The Board of Equalization was represented byBill Bacon and Jeff Pion of CB Richard Ellis. The Board ofEqualization has been at the Promontory since 1994, when PM Realtyput the state agency into the building it now occupies, which wasbuilt in 1985. The Board administers the state's tax programs,including sales and usage taxes, property tax, and specialtaxes.

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