| OC Medical/R&D/Office Building Trades for $330/sf
An investment buyer that included multiple Sherry Family Trusts acquired a 41.5k sf medical R&D/office asset in Aliso Viejo for $13.7 mil ($330/sf). The building is fully-leased to Ambry Genetics, a leading provider of clini...
| Huntington Beach Retail Asset Sells for $482/sf
CVS Beach Garfield Center, a 31.1k sf neighborhood retail property anchored by CVS/pharmacy in Huntington Beach, has sold for $15 mil ($482/sf) in an off-market transaction. The asset, located at 18872 to 18922 Beach Blvd, wa...
| IEC Buys 400-Unit Multifamily Asset in Orange County
In a recent OC multifamily buy, Interstate Equities Corporation (IEC) has purchased Surf at 39, a 400-unit value-add multifamily asset in Huntington Beach, for $134 mil, or $335k per unit. The acquisition was on behalf of the...
| Welltower Inc Acquires Developerís Interest in OC MOB Project
In recent development financing activity out of Orange County, HFF closed the partial interest forward sale and arranged the full capital stack of joint venture equity and financing for the construction of the ground up devel...
| Kort & Scott Financial Group Acquires Leasehold Interest in Brea Manufactured Housing Community
Kort & Scott Financial Group has landed a $30 mil Fannie Mae adjustable-rate loan for the acquisition of a leasehold interest in Crestmont Mobile Estates, a 289-space manufactured housing community (MHC) located 33 miles sout...
| CB Global Investors Spends $120 Mil on OC Office Tower
CB Global Investors completed a $120 mil office acquisition, picking up 2600 Michelson, a 16-story, 311k sf ($386/sf) tower in Irvine. The Class A trophy property is 99% occupied with major tenants including Loan Depot, Jaco...
| Hines Completes $25 Mil Redevelopment of Irvine Campus
Hines recently wrapped up work on a $25 mil redevelopment project at Intersect, the four-building, 436k sf office campus situated in the heart of Irvine's Airport Area. The extensive capital renovation, designed by IA Interio...
| New Industrial Facility in North OC Sells for $180/sf
Brad Rambo and Associates paid $32.5 mil for a new, 181k sf ($180/sf) industrial building in Fullerton. The property was sold by Western Realco.
Built in 2017, the Class A building is located at 4150 West Palm St, east of Ha...
| Rexford Industrial Realty Closes Out 2017 with a $63 Mil SoCal Portfolio Buy
Rexford Industrial Realty purchased a four-property, 416.8k sf industrial portfolio for approximately $62.7 mil. The acquisitions were completed during the fourth quarter of 2017 and were funded using cash on hand, draws on t...
| City of Orange Approves Latest Developments at Chapman University
Chapman Universityís latest development project has been approved by the City of Orange. The project includes a new 402-bed student apartment building for upperclassmen alongside the adaptive reuse of one of the most valuable...
| Mixed-User in Anaheim Picked up in $46 Mil Deal
A partnership between Pendulum Property Partners and Long Wharf Capital LLC has acquired Stadium Crossings, a 165k sf, mixed-use property in Anaheim. The property, located at 2005-2105 East Katella Ave, at the intersection wi...
| SAVE the DATE => January 24 is RENTV's Orange County State of the Market Conference
Here's your chance to hear and mingle with some of Orange County's leading dealmakers as they share their insight on the office, industrial, retail and multifamily markets at RENTV's upcoming State of the Market conference f...
| OC Office Campus Lands $34 Mil in Financing
Stillwater Investment Group and their investment partner CrossHarbor Capital Partners LLC have obtained $34 mil in financing for Element, a Class A office campus totaling 165k sf in Aliso Viejo.
Formerly the QLogic Campus, ...
| Huntington Beach Industrial Facility Picked Up by Family-Owned Vaping Biz
A 40.5k sf industrial facility in Huntington Beach traded hands in a recent $7.2 mil ($178/sf) transaction. The buyer is a family-owned electronic vaping business, will occupy 100 percent of the property as a product manufact...
| SteelWave and Invesco Real Estate Team Up in Purchase of Former LA Times Facility in Costa Mesa
SteelWave and Invesco Real Estate have acquired the former Los Angeles Times printing facility in Costa Mesa. The purchase consists of a 249k sf printing press warehouse with an attached 112.4k sf office building (the former ...
| Laurus Corporation Buys OC Medical Office Building
Saddleback Financial Center, a four-story, 73k sf medical office tower in Laguna Hills, was purchased by an affiliate of Laurus Corporation. The price was not immediately given out.
The four-story building, which was renova...
| OC Investor Exchanges into La Habra Rental Cottage Property
A multifamily property in La Habra consisting of 18 single-family rental cottages was purchased by a local 1031 exchange investor for $5.3 mil ($294k/unit).
The property, located at 141-237 Monte Vista, contains 18 two-bedr...
| OC Retail Center Traded in $55 Mil Deal
The Triangle, a 204.5k sf coastal dining and entertainment lifestyle center in Costa Mesa, was purchased by a Los Angeles-based family office syndicate in a $55.7 mil ($272/sf) transaction. The center is anchored by an impres...
| New Anaheim Res Development Lands $136 Mil in Financing
JPI has obtained a $136 mil loan on Jefferson Platinum Triangle, a new 400-unit multifamily property located in Anaheim. The financing, which was originated by Square Mile Capital Management LLC, will repay JPIís existing co...
| Shaoulian Properties Breaks Ground on Newport Beach Medical Office Project
Shaoulian Properties has broken ground on Newport Harbor Medical Plaza, a 26.5k sf, Class A medical facility in Newport Beach. The project, located at 330 Old Newport Blvd, was designed by Bundy-Finkel Architects and is being...