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November 29, 2022
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ORANGE COUNTY NEWS
Archive
1  | 2  | 3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  86
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• Guthrie Development Spends $4.3 Mil on OC Industrial Property
8/09/22
Guthrie Development Company has acquired a 13.3k sf, multi-tenant industrial building in Fountain Valley for $4.3 mil ($323/sf). The property is located at 17330 Newhope St, west of Harbor Blvd and south of Warner Ave. The p...
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• OC Flex Office Facility Sells in $91 Mil Deal
8/04/22
A 120k sf, single-tenant flex office building in the Tustin sold for $91 mil ($758/sf). The facility sits on just under six acres at 1382 Bell. 1382 Bell offers two stories of Class A, flex office space with generous window ...
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• Class B Office Building in Santa Ana Trades for $11.8 Mil
7/14/22
A 10-story, 107.2k sf office building in Santa Ana sold for $11.8 mil ($110/sf). The Broadway Building, located at 1600 N Broadway, is a Class B office building, built in 1970 and renovated in 2007. In 2007, the structure u...
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• Anaheim Apartment Building Trades for $354/Unit
7/14/22
A newly renovated, 16-unit garden-style multifamily community in Anaheim sold for $5.67 mil, or $354.4k/unit. Located at 2070 S Mountainview Ave, the complex is situated on nearly half an acre and consists of a single two-sto...
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• OC Creative Office Campus Trades in $235 Mil Deal
6/30/22
In a major OC office buy, MetLife Investment Management and PGGM acquired Intersect, a four-building, 454k sf creative office campus in Irvine, for $235.25 mil ($518/sf). The property was sold by Hines. The purchase was finan...
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• World Premier Investments Group Buys 220k sf OC Retail Center
6/24/22
A group led by World Premier Investments has acquired Fullerton Town Center, a 219.9k sf, grocery-anchored neighborhood retail center located at the intersection of Harbor Blvd and Orangethorpe Ave in the Central Orange Count...
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• Dunleer Spends $13 Mil on Two SoCal Industrial Storage Properties
6/20/22
Dunleer has acquired two Industrial Outdoor Storage properties in deals totaling approximately $13 mil. The properties are located at 4404 W 1st Street in Santa Ana and 10027 Artesia Boulevard in Bellflower. According to BJ ...
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• Rexford Industrial Acquires Fullerton Hotel Asset for Industrial Redevelopment
6/15/22
Rexford Industrial acquired the seven-acre Hotel Fullerton property in Orange County for $45 mil. The property, located at 1500 S Raymond Ave, was sold by Huoyen International Inc. Rexford Industrial will be demolishing the...
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• Rockwood Capital Affiliate Picks Up 250-Unit Res Community in Costa Mesa
6/01/22
An affiliate of Rockwood Capital LLC has acquired 580 Anton, a five-story, 250-unit luxury apartment community in Costa Mesa. The property was sold by Legacy Partners. A price was immediately disclosed. 580 Anton features a ...
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• Join RENTV and REJournals on July 26 for our 2022 Orange County State of the Market Conference
5/25/22
This in-person event will feature high-powered panels of top local executives and dealmakers discussing the Office, Retail, Industrial, Multifamily and Finance markets throughout the OC.
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• South OC Industrial Asset Sells for Over $700/sf
5/20/22
Laguna Canyon Industrial, a two-building, 29.8k sf light industrial property in south Orange County, traded for $21.6 mil, or $724/sf. The buyer was an international high net worth investor. The property is located at 2133-2...
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• Chapman University Defeats UCI in NAIOP SoCal’s Inaugural OC Real Estate Challenge
5/10/22
Students from the George L. Argyros School of Business & Economics at Chapman University successfully competed against a team from the University of California, Irvine to develop a winning land use proposal for a site in Anah...
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• South OC Retail Center Trades for Over $400/sf
5/09/22
La Paz Village, a 54.6k sf neighborhood shopping center in Laguna Hills, traded for $23.5 mil, or $430/sf. The center opened in 1974 and was refurbished in 2012. The tenant roster reflects the everyday living needs of the com...
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• OC Industrial Trade Closes at $193/sf
5/09/22
In a recent OC industrial comp, Dunleer paid $4.71 mil for a 20-unit, 24.4k sf ($193/sf) property in Santa Ana. The asset is located at 2222 to 2308 W. 2nd St, east of Fairview St and north of 1st St. Built in 1965, the asse...
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• Two OC Apartment Comps Total Over $11 Mil
5/05/22
We’ve got two OC apartment sales to report, in separate deals totaling $11.1 mil. In one of the transactions, Palm Court Apartments, a 24-unit property in Buena Park, sold for $6.05 mil, or $252k/unit. In the other deal, Drif...
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• MG Properties Buys 215-Unit OC Res Property
4/27/22
MG Properties has purchased The Herald Apartments, a 215-unit, Class A multifamily property in Placentia. The price was not given out. Built in 2021, The Herald Apartments is located at 150 E. Crowther Ave. The strong demog...
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• Anchor Health Properties Spends $27.6 Mil on Irvine Medical Office Property
4/26/22
Anchor Health Properties has purchased Woodbridge Square Medical, a two-story,36.1k sf multi-tenant medical office building in Irvine, for $27.6 mil, or $765/sf. Located at 4980 Barranca Pkwy, the building was sold by Bourest...
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• Chapman University and UC Irvine Graduate Real Estate Teams to Face Off in First Ever NAIOP SoCal OC Real Estate Challenge
4/21/22
For the first time ever, NAIOP SoCal will hold an OC Real Estate Challenge between graduate student teams from the Chapman University Argyros School of Business & Economics and the University of California, Irvine Paul Merage...
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• South OC Flex Building Sells for $280/sf
4/21/22
In a recent flex sale comp out of south Orange County, a 40k sf flex building in Aliso Viejo sold for $11.2 mil ($280/sf). The building is located at 81-91 Columbia, adjacent to Aliso Viejo Pkwy and Aliso Creek Rd. For 30 y...
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• SoCal Office Markets Seeing Flight to Low-Mid-Rise Buildings
4/19/22
This report provided by NAI Capital Commercial As tenants renewing leases question what type of space and how much they’ll truly need, a flight to low-mid-rise office building space is playing out in Southern California mark...
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