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• Hong Kong Investor Buys Anaheim Plaza Hotel
12/10/14
A Hong Kong-based real estate company with local ties to the Southern California market has purchased the 300-room Anaheim Plaza Hotel. The property is located on 8.5 acres at 1700 S. Harbor Boulevard, across the street from ...
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• Brea Office Complex Trades in $110 Mil Deal
12/09/14
In a major sale out of Orange County, the 637.5k sf Bank of America Campus in the city of Brea recently changed hands in a deal we’re told ranks as the largest sale in Orange County for the year. The corporate complex, 100% n...
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• LA Investor Closes $6 Mil Sale/Leaseback Deal in Irvine
12/04/14
In a recent $6.1 mil sale-leaseback deal in Irvine, Los Angeles-based Everwin Investments Inc acquired a 16.6k sf single-tenant, NNN-leased retail property fully occupied by Kiddie Academy. At the close of escrow, Kiddie Acad...
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• Anaheim Industrial Comp Closes at Over $100/sf
12/01/14
In a recent Anaheim industrial sale comp, a 24.5k sf building sold for $2.58 mil ($105/sf). The property is located at 145 W Santa Ana St and sits on 1.02 acres of land.
The building contains 2.3k sf of office space and fe...
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• Recent Leases Bring Newport Beach Office Property to Nearly Fully Leased
11/24/14
In recent office lease comp activity from Orange County, there are two deals to report at 1401 Dove, a trophy, six-story 75.3k sf building in Newport Beach. Independent Capital Management signed a new 4k sf lease, while Milen...
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• Stifel Nicolas & Company Takes 18k sf of Newport Beach Office Space
11/20/14
Stifel Nicolas & Company Inc agreed to a lease for 17.8k sf of office space in Newport Beach. Stifel, a full-service brokerage and investment banking firm and one of the county’s largest underwriters of tax-exempt municipal b...
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• Google OC HQ Building Certified LEED Platinum
11/10/14
Google’s 140k sf, OC Headquarters, a striking glass structure completing the Impac Center campus and plaza, was recently Certified LEED© Platinum by the USGBC for Core and Shell. The building is located at the intersection o...
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• Upscale OC Res Project Breaks Ground
11/05/14
In the latest residential development news out of Orange County, Vivere Residential II LLC has broken ground on Phase II of Vivere Apartments, a 244-unit, luxury apartment in Anaheim’s Platinum Triangle area. The project is s...
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• Snell & Wilmer Renews 53k sf Office Space in Costa Mesa
10/30/14
In recent OC office leasing news, the law firm of Snell & Wilmer signed a 53k sf renewal deal at Plaza Tower in Costa Mesa. Plaza Tower is a 21-story, Class A office high-rise designed by renowned architect Cesar Pelli. The 4...
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• Glendale Medical Office Building Sells for $29 Mil
10/29/14
Cypress West Partners (CHP) recently completed a sizable LA-area medical office property acquisition, having paid $29 mil for a 76.8k sf ($378/sf) building in Glendale.
The property is located at 1500 E Chevy Chase Dr, wes...
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• Andy Bratt Joins Newmark Realty Capital
10/28/14
Andy Bratt has joined Newmark Realty Capital as Vice President in the firm’s Irvine office. Bratt spent the last ten years at Venture West Funding as a Senior Loan Officer. He was instrumental in multifamily, industrial, reta...
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• Cypress West Realty Partners Completes $7.8 Mil OC Medical Office Buy
10/28/14
Cypress West Realty Partners has purchased a 23.3k sf, two-story medical office building located at 22032 El Paseo in Rancho Santa Margarita. Cypress West acquired the property, known as Mission Health Center, from PNC Bank ...
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• OC Buyer Pays Over $200/sf for Costa Mesa Office Building
10/22/14
A Yorba Linda-based private investment entity has purchased a 32k sf office building in Costa Mesa for $6.8 mil ($213/sf). The property, located at 2755 Bristol St, just west of the intersection of the 55 and 73 freeways, was...
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• The Koll Company Closes $158 Mil Refi of Airport Business Center
10/21/14
The Koll Company has obtained $158 mil in refi money for Airport Business Center, a 1.2 msf office/flex industrial park in Irvine. The new loan was arranged by CBRE Capital Markets’ Debt & Structured Finance team, and funded ...
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• Lake Forest Biz Park Seeing Considerable Activity
10/21/14
In the OC city of Lake Forest, there has been some newsworthy activity at Foothill Business Park, a 59.5k sf industrial park owned by Guthrie Development. This has included two closed unit sales with another three units now i...
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• Private Investor Pays $338k/Unit for Newport Beach Apartment Property
10/15/14
An Orange County-based private investor purchased Fairway Villas, a 32-unit multifamily apartment property in Newport Beach, for $10.8 mil, which equates to $337.5k/unit. Fairway Villas is located at 20122 Santa Ana Ave, dire...
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• NCA Real Estate to Build 110k sf Medical Office Building in Mission Viejo
10/14/14
Newmark Grubb Knight Frank (NGKF) Global Healthcare Services has been appointed exclusive leasing agent for a 110k sf medical office building to be built across from the main entrance to St. Joseph’s-Mission Hospital in Missi...
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• Longust Distributing Inks Lease for 94k sf at Anaheim Concourse
10/10/14
Longust Distributing has signed a 10-year lease for 93.8k sf of industrial space at Anaheim Concourse, a 1.4 msf, master-planned, three-phase industrial project currently under development by a partnership of Panattoni Develo...
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• Pacific Southwest Realty Services Arranges $3.5 Mi in Refi Money for Santa Monica Retail Site
10/07/14
Scott Calder, Vice President in Pacific Southwest Realty Services’ Irvine office, has arranged a $3.5 mil refinance loan in Santa Ana. Pacific Southwest Realty Services is a SoCal-based commercial mortgage banker.
The securi...
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• Office Property in Irvine Business Complex Trades for $26.5 Mil
9/24/14
A 118k sf office property in the Irvine Business Complex sold for $26.5 mil ($225/sf). Located at 17000-17040 Red Hill Ave, east of the 55 Fwy at the intersection with the 55 Fwy, the property was sold by Red Hill Covenant Gr...
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