| South OC Office Campus Trades in $40 Mil Transaction
Kingsbarn Real Estate Capital closed on a South Orange County office buy, paying $40.45 mil for Palm Terrace, a 155.8k sf ($260/sf), Class A office campus in Lake Forest. The asset, consisting of three two-story office buildi...
| Anaheim Res Property Goes for $332k/Unit
A 14-unit multifamily property in Anaheim sold for $4.65 mil ($332k/unit). It was traded between two private investors.
The property, located at 129 S. Olive St, sits in the prime area of Downtown Anaheim and is just steps a...
| Sheraton Park Hotel in Anaheim is Undergoing a Renovation
Taconic Capital Advisors LP has begun work on a remodel of the Sheraton Park Hotel at the Anaheim Resort, a 498-room hotel within walking distance to Disneyland Resort that the firm just recently acquired. The renovation work...
| Anaheim Industrial Building Goes for Over $4 Mil
A 16k sf, freestanding industrial building in Anaheim traded for $4.16 mil ($260/sf). The building is located at 1140 N. Tustin Ave, just north of the 91 Fwy.
The property features include street frontage and monument sign o...
| OC Healthcare Portfolio Lands $58 Mil Refi
Pacific Coast Holdings Investment, a local real estate investment group, has locked in a $58.2 mil refi on a five-property healthcare portfolio in Orange County. The portfolio consists of three acute-care hospitals leased to ...
| BH Properties Buys OC Industrial Complex for $21 Mil
BH Properties has acquired Freeway Corporate Park, a 128.3k sf, multi-building, multi-tenant office complex in Santa Ana. The property, situated in the desirable Orange County Airport Area/Irvine Business Complex, traded for ...
| Investor Trades into $6.8 Mil Los Alamitos Apartment Buy
A 1031 exchange investor paid $6.8 mil for a 20-unit ($340k/unit) multifamily community in Los Alamitos. Located at 3612 Green Ave, east of I-605 and just south of Katella Ave, the 16.8k sf property was originally built in 19...
| Commercial Real Estate Financing Briefs
DAVID B. NORTON - David B. Norton Inc arranged $39.3 mil in ground-up financing for the land acquisition and construction financing of a 314-unit garden style apartment complex outside of San Antonio, TX. The development is l...
| Virtus Real Estate Capital Picks Up OC Medical Office Building
Virtus Real Estate Capital purchased a 21.6k sf, medical office building in Fullerton from Healthcare Property Advisors. The property, 101 Laguna, is located approximately 30 miles southeast of Downtown Los Angeles, adjacent ...
| Avanath Capital Management Closes on Second OC Senior Housing Buy
Avanath Capital Management LLC has acquired its second OC senior housing community in less than 90 days. In this latest deal, the firm purchased Overlook at Anaheim Hills, a 261-unit, mixed-income senior apartment community i...
| OC Industrial Facility Comps at $236/sf
A 12.5k sf industrial building in the City of Santa Ana sold for $2.955 mil ($236/sf). The building is located at 2509 S Broadway within Orange County’s Airport industrial submarket.
The free-standing, single-story manufact...
| Newport Beach Medical Office Building Fetches $1,367/sf
Newport Harbor Medical Plaza, a 30k sf, Class A Medical office building in Newport Beach, was acquired by a private investor in a $41 mil ($1,367/sf) transaction. Completed in 2020, the three-story building is located at 330 ...
| Champion Real Estate Company Closes $44 Mil OC Apartment Buy
Champion Real Estate Company has acquired Oxford North, a 100-unit, 346-bed student housing community in Fullerton, for $44.4 mil ($444k/unit). The property, located at 2000 Oxford Ave, adjacent to California State University...
| Two Laguna Beach Multifamily Sales Generate $9.5 Mil
Two Laguna Beach multifamily properties traded hands in separate deals that totaled $9.5 mil. The assets were sold by the same family partnership entity that was represented by Dan Blackwell and Mike O’Neill with CBRE in both...
| Anaheim Industrial Building Fetches over $13 Mil
A 50.6k sf industrial building at 1480 N. Hancock St in Anaheim sold for $13.1 mil ($259/sf). The buyer was Moriel Real Estate LLC, who also owns an adjacent building.
Situated on two and one-half acres, 1480 N. Hancock Stre...
| Stream Realty Partners Buys 49k sf OC Retail Center
Stream Realty Partners acquired a 49.3k sf, grocery-anchored shopping center in Santa Ana. The property, located at 2360 N Tustin Ave, had previously been owned by two private owners for the past 50 years.
Stream acquired bo...
| Laguna Hills Medical Office Building Trades
The Laguna, a 57.6k sf medical office building in Laguna Hills, was purchased by a publicly traded Real Estate Investment Trust that focuses on owning, managing, acquiring and developing outpatient medical facilities througho...
| 10-Unit OC Res Property Sells for $470k per Unit
In a recent OC multifamily sales comp, a 10-unit asset in Costa Mesa traded for $4.71 mil ($471k/unit). Both parties were private investors.
The community, located in Eastside Costa Mesa at 377 and 381 E. 18th St, is within ...
| Lee & Associates Founder Bill Lee Passes Away
Bill Lee passed away after a long battle with cancer and cancer-related complications last night. He was 78 years old.
Bill Lee founded Lee & Associates Commercial Real Estate Services in 1979 in Orange County, CA. The comp...
| Rexford Industrial Realty Buys Five Assets Totaling 382k sf in Feb and March
In the latest activity by Rexford Industrial Realty, the company acquired five industrial properties representing 382.3k sf of improvements for an aggregate purchase price of $68.8 mil. The company also sold one industrial pr...