| Harbor Associates Buys 175k sf OC Office Asset
Long Beach-based Harbor Associates has acquired Crown Cabot Financial Center, a six-story, 175.3k sf office building in Laguna Niguel. The multi-tenant building is located at 28202 Cabot Rd and is 87% occupied by 26 tenants i...
| OC Building Leased to Outback Steakhouse Sells for Over $1,000/sf
A 6.2k sf restaurant property net-leased to Outback Steakhouse in Garden Grove sold for $6.625 mil, or $1,068/sf. The property, built in 2001, is located at 12001 Harbor Blvd, north of the 22 Fwy at Chapman Ave, just three b...
| Res Development Site in Orange Goes for $5.5 Mil
A 65k sf, senior housing redevelopment site in the city of Orange sold for $5.5 mil, or $84.62 per square foot. The property is located at 1249 E Katella Ave, just west of the 55 Fwy.
The site included a two-story multi-tena...
| Harbor Associates Completes $80 Mil OC Office Buy
Harbor Associates LLC has acquired a two-property, Class A Orange County office portfolio totaling more than 365k sf in a transaction worth $80 mil ($219/sf). The new acquisitions include: Anaheim City Centre, a 10-story 195k...
| Meridian Spends $20 Mil on OC Medical Office Building
Meridian has acquired a two-story, 53.5k sf medical office building in Santa Ana for $20.35 mil ($380/sf). The company plans to invest an additional $5 mil in improvements to the building, situated on a 4.8-acre parcel at 360...
| Owner/User Pays $8 Mil for Newport Beach Office Building
A three-story, 21.7k sf office building in Newport Beach was purchased for $8.07 mil ($372/sf) by a local orthopedic and pain management practice. The buyer, Regenerative Institute of Newport Beach, plans to renovate and occu...
| Drawbridge Realty Acquires 169k sf of Aliso Viejo Office Space
Drawbridge Realty has purchased two corporate headquarters office buildings in Aliso Viejo. The Class A buildings, known as 4 and 5 Polaris, serve as the corporate headquarters for Quest Software and UST Global, respectively....
| OC Office Asset Trades at $282/sf
A three-story, 50.4k sf multi-tenant office building in downtown Anaheim sold for $14.2 mil, which works out to $282/sf. The asset is fully leased to nine tenants including MemorialCare, Guggenheim Partners, Arbor E&T (ResCar...
| Crowne Pointe Equity Picks Up OC Office Asset for $17 Mil
Crowne Pointe Equity acquired a 45.2k sf office building in Brea for $17 mil, or $376/sf. The two-story, newly renovated office property is located at 130 S. State College Blvd in North Orange County.
The campus features on...
| GF Capital Buys Irvine Office Building from Swinerton Builders
GF Capital purchased a 20.7k sf office building in Irvine for $6 mil, or $290/sf. The property, located at 17731 Mitchell North, was sold by Swinerton Builders.
17731 Mitchell North was developed in 1983 and renovated in 201...
| Mitchell Company Closes $29 Mil OC Industrial Buy
In a recent OC industrial buy, Mitchell Company paid $28.9 mil for a fully occupied, single-tenant light industrial/R&D building in Tustin. The 117.8k sf ($245/sf) facility, located at 2441 Michelle Dr, is leased to Canon Med...
| Class A Office Asset in South Orange County Trades for Over $500/sf
One Enterprise, a Class A, 111.4k sf office building, has sold in a $59 mil ($530/sf) transaction. The four-story property is situated on 7.27 acres at 1 Enterprise in Aliso Viejo, a master-planned city located in south Orang...
| Excelsior Partners Acquires 50k sf OC Creative Office Asset
In a recent OC office buy, Excelsior Partners paid $16.8 mil for Create Tustin, a 50.8k sf ($331/sf), creative office building in Tustin. The building, located at 2642 Michelle Dr, is fully leased to three tenants – Avid Bios...
| New Raising Cane’s Ground Lease in Orange County Acquired for $5 Mil
An LA-based private investor paid $5 mil for a 3.2k sf, new-construction, single-tenant Raising Cane’s Chicken Fingers quick-service restaurant with a drive-thru in Anaheim. The deal for the absolute NNN ground lease came in ...
| Multifamily Property Sale in San Diego Comes in at $284.5k/Unit
In a recent multifamily comp from San Diego, an 11-unit multifamily complex in the city’s Golden Hill neighborhood sold for $3.13 mil ($284.5k/unit). The 5.8k sf property sits on a 7.2k sf lot at 3087 A Street.
The property ...
| Space Investment Partners Spends $18.4 Mil on OC Retail Center
Space Investment Partners has purchased Westport Plaza & Square, a 39k sf, leasehold retail center in Costa Mesa, for $18.4 mil ($472/sf). The asset is located at 369 E. 17th St, in the heart of the city’s E. 17th Street reta...
| Investor Nabs 122k sf Portion of OC Regional Retail Center
A private investment entity purchased a 121.9k sf portion of Foothill Ranch Towne Center, a 1 msf master-planned regional retail center anchored by Walmart and Target in Lake Forest. The center, located at 36532 Towne Center ...
| Draftsmen & Craftsmen
A landmark, single-user building in Newport Beach’s Marina Lido Village has been completely redesigned for its occupant, business software company SAP, who will use the new space for its Southern California-based Innovation C...
| Stanton Road Capital Buys OC Office Tower
TriCentre, a 211.9k sf, office tower in the city of Orange, was acquired by Stanton Road Capital, a Los Angeles-based investment management firm. The price was not disclosed, although we’ve heard investor estimates of around ...
| Prologis Buys OC Retail Building on 12 Acres
Prologis purchased a 144k sf retail building in Anaheim. The building, which sits on a 12-acre lot, is occupied by Fry’s Electronics. The price was not disclosed.
Located at 3370 E. La Palma Ave, the property has been since ...