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March 29, 2024
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ORANGE COUNTY NEWS
Archive
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• Johnson Capital Arranges Over $13 Mil in Financing on Two OC Multifamily Properties
10/03/11
Johnson Capital has arranged loans for two multifamily properties in Orange County totaling over $13 mil. In Orange, Ryan Chapman, Vice President, and Amos Smith, Senior Vice President, of the firm’s Irvine office, arranged $...
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• New RENTV Executive Report: Orange County Tenants in the Market
9/30/11
Want to know the latest information on which companies are searching for space in Orange County? RENTV’s just-posted Orange County “Tenants in the Market” Executive report updates you on about two dozen companies said to be i...
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•  Hager Pacific Picks up Second SoCal Industrial Property in Last 15 Days
9/27/11
Hager Pacific Properties has acquired a 46.2k sf industrial building in Garden Grove for $3 mil ($65/sf). The property was purchased from IndustryGrove LLC, an affiliate of Farmers & Merchants Bank. It marks Hager Pacific’s s...
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•  Investor Spends $243/sf on Aliso Viejo Strip Center
9/22/11
A Newport Beach-based investor has closed on a $3.7 mil OC retail buy, picking up The Shops at Pacific Park, a 15.2k sf ($243/sf) multi-tenant retail and office strip center in Aliso Viejo. Built in 1999 and situated on 1.18 ...
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• Sabal Financial Acquires $158 Mil of Loans and Credit Facilities
9/15/11
Sabal Financial Group has acquired a $158 mil portfolio of performing and non-performing commercial real estate loans and commercial acquisition, development and construction loans and credit facilities. The acquisition repre...
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•  CBRE Investors Gets Access to Over 30k sf of Office Space in Orange
9/12/11
In recent office leasing activity from Orange County, Access Insurance Company inked a five-year deal for 31k sf of space at Orange City Square, located at 770 The City Drive in Orange. The transaction value was not released....
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• GSP Overcomes Significant Challenges to Arrange Refis on Two Retail Centers
9/06/11
George Smith Partners (GSP) recently arranged more than $34 mil of debt to refinance two challenging retail centers, one in Santa Ana and the other in Henderson, NV. GSP’s Gary E. Mozer, Principal and Managing Director, work...
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• Recent Deals Bring Latest Phase at Summit to 94% Occupied
9/01/11
In leasing activity news out of Aliso Viejo, Summit’s 20 and 30 Enterprise are now at 94 percent occupied thanks to a number of signings over the last six months. The transactions have included six leases totaling 140.6k sf w...
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• Continental Funding Arranges $11.8 Mil Refi on a La Mirada Residence Inn
8/26/11
In a notable SoCal financing deal, Mitch Paskover from Continental Funding Group arranged an $11.8 mil refi of a CMBS loan, secured by a 147-room Residence Inn in La Mirada. The property also offers suites and meeting space, ...
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• Rexford Completes $8.5 Mil Santa Ana Industrial Buy
8/24/11
In a recent OC industrial buy, SoCal-based Rexford Industrial acquired a fully leased 122k sf building in Santa Ana for $8.5 mil ($70/sf) on an all-cash basis through the firm’s Rexford Industrial Fund V REIT (“RIF V”). The ...
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• Candle Manufacturer Lights Up Irvine Industrial Market
8/22/11
Voluspa, a candle and home fragrance manufacturer, outbid three other potential tenants in order to lease an 84.6k sf Irvine industrial facility. The company signed off on five-year, $2.96 mil transaction that averages out to...
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• Watt Wraps Up $6 Mil Renovation of Alicia Towne Plaza
8/18/11
Watt Commercial Properties has completed a $6 mil renovation of Alicia Towne Plaza, located at 24391-24491 Alicia Pkwy, at the intersection with the I-5 in Mission Viejo. The redevelopment included converting an existing Merv...
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• G&E Lands Marketing Assignment for Proposed Irvine Medical Office Development
8/17/11
Pacific Medical Buildings has selected Grubb & Ellis’ Healthcare Properties group to lease the future Shady Creek Medical Center in Irvine. Scheduled for completion in 2013, the center is a four-building Class A development ...
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• Sabal Financial Acquires $212 Mil Loan Portfolio
8/17/11
Sabal Financial Group, a Newport Beach-based financial services management firm, recently acquired a $212 mil portfolio from a major Midwest retail bank. The portfolio includes more than 100 loans, both performing and non-per...
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• 84-Unit OC Apartment Complex Refinanced Under HUD’s Section 223(f) Program
8/16/11
Capital Foresight has refinanced Tustin View, an 84-unit, garden-style apartment complex in Santa Ana. The mortgage for the property was funded through HUD’s Section 223(f) program and carries a 35-year fully-amortizing perma...
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• $54 Mil Sale of 3 MacArthur Place is Latest Big OC Office Deal
8/16/11
In the major office sales news from Orange County, TA Associates has acquired 3 MacArthur Place from Highridge Partners for near $54 mil. Built in 1991 and situated on over three acres, the Class A office tower contains 246.8...
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• RENTV Releases Video Program on Irvine Sales Activity
8/16/11
Get the scoop on the latest major office building sales activity in the city of Irvine, CA with RENTV's latest video news program. The show takes a look at three major Irvine office properties that just sold, or are expected ...
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• Brandywine Acquires Buena Park Site for Res Development
8/15/11
Brandywine Homes has purchased a 2.2-acre site at 8901 Holder St in Buena Park from Bethel Lutheran Church, which will use the sale’s proceeds to expand its facilities. Brandywine intends to use the land to build an 18-home c...
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• Cypress Office Properties Awards Leasing Assignment for Recent OC Buy to CBRE
8/08/11
San Diego-based Cypress Office Properties has selected CB Richard Ellis to handle the leasing of Anaheim Crossroads (formerly Orangethorpe Plaza), following Cypress’ recent off-market, “loan to own” acquisition of the propert...
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• MPG Office Trust Completes $33.75 Mil in Financing on Pasadena Office Property
8/04/11
In the latest news from MPG Office Trust, the LA-based office REIT, the company has completed a $33.75 mil financing on Plaza Las Fuentes in Pasadena. The net proceeds from the financing will be used for general corporate pur...
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