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The Bascom Group Closes 114-Unit Huntington Beach Multifamily Buy 2/11/14 The Bascom Group LLC paid $19 mil for Huntington Villas Apartments, a 114-unit ($166.7k/unit) apartment community in Huntington Beach. Built in 1987, the property is located at 16171 Springdale St, south of Edinger Ave on the...
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Anaheim Industrial Market Gets Intense 2/11/14 Intense Lighting agreed to a seven-year lease for 153.9k sf of industrial space in Anaheim. The property is located at 3340 E. La Palma Ave, east of the 57 Fwy and just north of the 91 Fwy. Intense Lighting will occupy the sp...
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Premier Business Centers Inks Deal for New Location in OC’s John Wayne Airport Area 2/10/14 Irvine-based Premier Business Centers, the nation’s largest privately owned executive suite / alternative workspace operation, recently signed a master-lease agreement to operate an executive suite in Orange County’s John Way...
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Stockbridge Pays $60 Mil for Cypress Industrial Project 2/10/14 Stockbridge purchased Cypress Distribution Center, a 100% leased, 543.4k sf, Class A industrial project in Cypress, for $60 mil, or $111/sf. The property, located at 6550 Katella Ave and 11130 Holder St, was sold by Colony Re...
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Bixby Land Acquires 47k sf Newport Beach Building 2/04/14 Bixby Land Company purchased a two-story building at 1501 Quail St in Newport Beach from The Realty Associates Fund VIII L.P. (TA Associates Realty) with plans to convert the property into creative space. The company will hav...
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Orange County Transportation Authority Renews 137k sf Orange Space 2/03/14 The Orange County Transportation Authority (OCTA) agreed to a 15-year renewal lease for 137.7k sf of space at 530, 550 and 600 South Main St in Orange. The lease value was not disclosed.
The deal provides the OCTA the abili...
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Vestar Finances Recent OC Buy with $45 Mil from Bank of America 1/31/14 Vestar has secured acquisition financing of $45.43 mil for Village at Orange, an 855.7k sf regional mall situated on over 60 acres in the city of Orange. Vestar acquired the asset for cash in September of 2013. Bank of Ameri...
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PRES Buys 192k sf OC Office Building 1/29/14 PRES, a privately-held fully-integrated commercial real estate firm, has acquired 200 Center Street, a 191.6k sf, eight-story Class A office building in Anaheim. The vacant building, at 200 Center St, is situated in the heart...
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Importer Buys 39k sf La Mirada Facility 1/27/14 A 38.9k sf industrial property in La Mirada sold for $3.5 mil ($90/sf). The distribution warehouse building is situated on approximately two acres of land at 16141 Heron Ave, east of Valley View Ave and south of Alondra Blvd,...
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Investor Spends $23 Mil on OC Industrial Facility 1/17/14 A 246.6k sf industrial property in the OC city of Brea was the subject of a two-part purchase/lease deal with a total transaction value of $42.3 mil. The property, located within the Sunset Distribution Center at 200 N. Berry...
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Blackstone Group Closes $82 Mil OC Office Buy 1/15/14 In a big OC office buy, Blackstone Group has purchased 1 and 2 MacArthur Place, two Class A buildings within the MacArthur Place mixed-use campus in the South Coast Metro submarket. They were sold by GLL Real Estate Partners ...
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MIG Real Estate Completes 336-Unit TX Multifamily Buy 1/15/14 Newport Beach-based MIG Real Estate has wrapped a large Texas multifamily buy, having acquired Adagio Swenson Farms, a 336-unit apartment home community in the Far North submarket of Austin, Texas.
Adagio Swenson Farms repr...
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CBRE to Advise Greenlaw Partners in the Repositioning of Costa Mesa Retail Space to Creative Office Use 1/06/14 Greenlaw Partners has retained CBRE to advise on the creative office repositioning of 27k sf at the landmark Triangle retail center in Costa Mesa. The high-profile space, located at 1870 Harbor Blvd, was previously occupied b...
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Brandywine Homes Acquires 51-Unit Townhome Project in Yorba Linda 1/03/14 Brandywine Homes has acquired a 5.1-acre urban infill community currently under development in the Orange County city of Yorba Linda. The property, with 51 townhomes, is located near Yorba Linda Blvd and Blair St, adjacent to...
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Anaheim Industrial Asset Sells for $10.6 Mil 1/02/14 Rexford Industrial closed out 2013 with the acquisition of The Park, a 120k sf, multi-tenant industrial park in Anaheim. The development, located at the corner of La Palma Ave and Gilbert St, sold for $10.6 mil ($88/sf).
S...
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Work to Get Started on New 42k sf OC Medical Office Building 12/18/13 Accretive Realty Advisors Inc has received final approval to begin construction on San Juan Medical Center, a new two-story, 42.6k sf medical office building located at the northwest corner of Rancho Viejo Rd and Golf Club Dr...
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Moss Adams Relocates in Irvine 12/13/13 Moss Adams leased 36.5k sf of office space at 2040 Main Street, 14-story, 307.6k sf Class A office building located in Irvine. Moss Adams is relocating its regional office from 2030 Main Street, also in Irvine. The firm seem...
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Work Started on Mixed-Use Project in San Diego’s Point Loma Area 12/13/13 Veritas Urban Properties has broken ground on The Famosa Townhomes, a mixed-use townhome development at Voltaire and Catalina streets in the Point Loma area of San Diego. The project, which features nine for-sale units and a ...
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OC Industrial Sales Comp Trades at $10.6 Mil 12/11/13 In a recent Anaheim industrial deal, Rexford Industrial purchased The Park, a 120k sf, multi-tenant development located at the corner of La Palma Ave and Gilbert St, bordering the I-5 Fwy. The development offers various spac...
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OC Industrial Facility Becomes a Flexfit Building 12/10/13 In a recent OC industrial buy, Flexfit Inc paid $7.1 mil for a 52.2k sf ($136/sf) industrial building on 4.51 acres of land in Brea. The property is located at 625 Columbia St, north of Lambert Rd and west of Hwy 57. The buil...
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