| Hines and Oaktree Capital Management Buy OC Office Property
Hines and Oaktree Capital Management LP have teamed up in an OC office buy, acquiring the Pacific Sunwear "PacSun" Global Headquarters, a 181k sf, three-story Class A office building in Anaheim. This transaction is the ninth ...
| Class A Newport Beach Office Asset Trades Hands
Hines, through its core plus venture with an affiliate of Goldman Sachs & Co. LLC’s Merchant Banking Division, has acquired 4000 MacArthur, a Class A office project consisting of two, ten-story buildings totaling 376.2k sf in...
| Rexford Industrial Realty Repositions Two SoCal Properties
Rexford Industrial Realty has wrapped up the value-add repositioning and lease-up at two SoCal properties totaling 317k sf of space. The company had previously acquired the assets, located at 3880 W. Valley Blvd in Pomona and...
| OC Retail Bought for $24.5 Mil by LA Investor
A 105.6k sf shopping center in Fullerton was acquired by SCB Inc, a private investment company, for $24.5 mil, or $232/sf. The property, located at 110 – 130 W. Imperial Hwy, is currently leased to Best Buy, 24 Hour Fitness a...
| Chuze Fitness Signs Deal for New OC Location
Chuze Fitness has inked a deal for new 44.8k sf, health club location within a neighborhood shopping center at the bustling intersection of Beach Blvd and Lincoln Ave in southwest Anaheim. Located at 135 Beach Blvd, the expan...
| OC Industrial Asset Traded at $175/sf
Exelon Realty LLC, a privately owned real estate company based out of Encino, paid $7.125 mil for a 40.8k sf ($175/sf) industrial facility in Garden Grove. The property, made up of two connecting locations at 7142 Chapman Ave...
| OC Hotel Trades Hands
A private investor has purchased the Hampton Inn & Suites Santa Ana/Orange County Airport, a 121-room hotel property in Santa Ana. The price was not disclosed.
The four-story hotel, located at 2720 Hotel Terrace, was origina...
| Local Exchange Investor Pays $11.8 Mil for OC Retail Property
A retail property in the heart of downtown Fullerton was acquired by McFadden Place LLC -- a local investor with multiple real estate holdings throughout Orange County -- in a recent 1031 exchange purchase valued at $11.8 mil...
| Olen Properties Spends $75 Mil on Newport Beach Office Building
Olen Properties has purchased 4100 Newport Place Drive, a 190.4k sf, Class A office tower in Newport Beach, for $75.6 mil, or $397/sf. The asset was sold by American Realty Advisors, one of the largest privately-held real est...
| Greenlaw Partners and Westbrook Partners Close $100 Mil OC Investment
Greenlaw Partners and Westbrook Partners have teamed up in a large, institutional-quality OC buy, paying $106.1 mil for Centerpointe La Palma, a 525.6k sf ($202/sf) business park in La Palma. The 10-building property, which w...
| Draftsmen & Craftsmen
Renovation work has been completed at Harbor Medical Center, a three-story, 35.7k sf medical office building in Fullerton. The property is located at 2720 N. Harbor Blvd, near Bastanchury Rd and St. Jude Medical Center.
| Industrial Income Trust Pays $7.3 Mil for OC Manufacturing Facility
Industrial Income Trust closed on an OC industrial acquisition, paying $7.3 mil for a 45.5k sf ($160/sf) facility in Fullerton that is 100% occupied by Chefmaster, a division of Byrnes & Kiefer Company -- a leading manufactur...
| Construction Started on Upscale Res Project in Brea
Western National Group, Anchor Real Estate Capital and Fantasia Holding Group have started construction of a new, luxury multifamily development in Brea. The project, slated to contain 206 units, is to be named Calligraphy.
| Drawbridge Realty Buys OC Office/R&D/HQ Facility
Drawbridge Realty has acquired a fully leased, 144.9k sf, Class A office/R&D building in Lake Forest for $32.4 mil. Located at 26200 Enterprise Way, the single-tenant, net-leased facility was sold by Barings Real Estate Advis...
| Local Developer Spends $13 Mil on Older OC Multifamily Property
Garden Grove Manor Apartments, a C Class, 78-unit multifamily property in Garden Grove, sold for $13.2 mil, or $169.2k/unit. The asset, located at 10642 Bolsa Ave, south of the 22 Fwy and east of I-405, was acquired by a loc...
| Knowlton Communities Lures Fishing Products Biz into 25k sf OC Lease Renewal
Lucky Craft Lure Co, a fishing lure and product manufacturer, agreed to a 10-year, $2.92 mil lease renewal for its 25.3k sf ($0.96/sf/mo) industrial space in Costa Mesa. The facility is located at 380 Clinton St, just east of...
| Experiential Urban Lifestyle Development Planned for Westminster’s Little Saigon
A new residential/mixed-use development is planned for the OC city of Westminster that is expected to serve as the gateway to “Little Saigon,” the largest Vietnamese community in the U.S. Called Bolsa Row, the project is bein...
| OC Retail Center Refinanced with $60 Mil Loan
Plaza de la Paz, a 295k sf shopping center in the OC city of Laguna Niguel, has been refinanced with a new, $60 mil loan. The center, located at 27241 La Paz Rd, is owned by a local, family-based investment entity.
Plaza de ...
| Owner/Users Trade Tustin Industrial Facility
A 33.5k sf industrial property in Tustin sold for $6.65 mil ($199/sf). The property, located at 2961 Dow Ave, west of the intersection of Jamboree Rd and I-5, includes a yard. It was purchased by Dailin Holdings.
| Investment Venture Pays $383/sf for OC Office Asset
A joint venture between Greenlaw Partners and Hilrod paid $59.8 mil for 4400 MacArthur, a nine-story, Class A office building totaling 156.3k sf ($383/sf) of space in Newport Beach The property, which is located within the ma...