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November 17, 2019
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ORANGE COUNTY NEWS
Archive
1  ...  8  | 9  | 10  | 11  | 12  |  13  | 14  | 15  | 16  | 17  ...  71
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• Anaheim Industrial Property Sells for $12 Mil
6/30/17
An 81.8k sf industrial property in Anaheim has sold for $12.2 mil, or $149/sf. It was sold by Makena Properties. The building is located at 5065 East Hunter Ave, north of the 91 Fwy and west of Imperial Hwy. The property is...
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• Brandywine Homes Breaks ground on Buena Park Multifamily Project
6/30/17
Brandywine Homes has broken ground on Corsica, a 1.66-acre community offering 17 two-story townhomes. The development, located at 8572 Stanton Ave in Buena Park, is scheduled to open for sale in the fall. The 1.8k sf to 2.1k...
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• Crown Acquisitions Buys OC Apartment Property with $29 Mil Loan
6/28/17
Crown Acquisitions Inc has obtained a $29 mil loan for the purchase of Fullerton University Village, a student housing community located in Fullerton. The borrower plans to renovate the property and create a more dynamic livi...
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• Savills Studley Takes Full Floor of Newport Beach Office Space
6/27/17
Savills Studley has signed a long-term lease for a 17.7k sf, full floor at 520 Newport Center Dr in Newport Beach. The firm will occupy the building’s eighth floor, the last available space in the prestigious office tower, in...
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• Costa Mesa FedEx Facility Sells for $300/sf
6/27/17
A 112k sf, FedEx-occupied building in Costa Mesa has been acquired by Santa Monica-based BLT Enterprises Inc for $33.4 mil, or $298/sf. As part of the transaction, FedEx will remain in the building, located at 1650 Sunflower,...
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• OC Office Complex Goes for $32.8 Mil
6/23/17
Benchmark Holdings paid $32.83 mil for Alton Deere Plaza, a 185.2k sf ($177/sf), multi-tenant office park located in the Irvine Business Complex in the city of Santa Ana. The property, located at 1920-1940 Deere Ave, consist...
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• Rexford Industrial Realty Pays $36 Mil for Two SoCal Properties
6/23/17
Rexford Industrial Realty recently completed the acquisition of two industrial properties in deal totaling $35.9 mil. The acquisitions were funded with cash on hand. In one of the transactions, Rexford acquired 4175 E. Cona...
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• Raintree Partners Underway with CA Mixed-Use Projects Valued at Over $500 Mil
6/20/17
OC-based Raintree Partners is currently under construction on three mixed-use projects in California totaling more than $500 mil in value. The projects include: a 465-unit apartment and co-working property in Sunnyvale; a 109...
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• Hotel Near Disneyland Lands $20 Mil Refi Loan
6/20/17
Continental Partners has secured $20.5 mil in fixed-rate, non-recourse refinancing for the Sheraton Garden Grove-Anaheim South Hotel, a 285-room hotel near the Disneyland theme park. The property consists of a 186k sf, seven-...
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• Doyle Properties Spends $20 Mil on OC HQ Property
6/14/17
An 84.9k sf industrial property in Anaheim was acquired by Doyle Properties LLC for $19.81 mil ($233/sf) as part of a 1031exchange transaction. The asset was sold by Blackstone Group. The property will be occupied by the Eco...
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• OC Office High-Rise Sells for $59 Mil
6/08/17
A SoCal-based 1031 exchange investor paid $58.9 mil for 200 Center, a 191.6k sf, Class A high-rise office building located in Downtown Anaheim. The asset is occupied entirely by St. Joseph Health System, which has a long-term...
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• CenterPoint Properties Pays $131 Mil for OC Cross-Dock Facility
6/02/17
A 1.084 msf industrial cross-dock facility in Buena Park has sold for $131.5 mil ($123/sf), in what we’re told is the largest contiguous, single-tenant transaction in Orange County over the last 25 years. The property, locate...
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• Private Investor Buys 70-Unit OC Apartment Asset
6/02/17
In a recent OC multifamily sale comp, a local private investor paid $13.8 mil for The Regent, a 70-unit property located at 1111 West Santa Ana Blvd, north of 1st St and west of I-5 in Santa Ana. The asset was sold by an in...
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• Private Investor Pays $242k/Unit for Santa Ana Residential Building
5/23/17
NNC Apartment Ventures LLC has acquired Broadway Apartments, a 21-unit multifamily property in Santa Ana, for $5.075 mil ($242k/unit). This is the first time the building has been sold since it was built in 1987. The propert...
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• OmniDuct Pays $15 Mil for Buena Park Industrial Property
5/19/17
OmniDuct paid $15 mil all-cash for a 103.4k sf ($145/sf) industrial property in Buena Park. The company, a manufacturer of HVAV ductwork, is relocating from Anaheim to this new location at 6388-6400 Artesia Blvd, on the south...
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• OC Net-Leased Fiat/Chrysler Dealership Property Sells for Over $9 Mil
5/17/17
A 26.2k sf, net-leased Fiat Chrysler car dealership in San Juan Capistrano sold for $9.1 mil, or $348/sf. The property, located at 32881 Camino Capistrano, was purchased by a private local buyer in a 1031 exchange. The deal c...
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• Terra Universal Leases 45k sf of Industrial Space in Brea
5/17/17
Terra Universal has inked a lease for 45.2k sf of high-class industrial space at the Brea Business Park in the OC city of Brea. The project is owned by Brea Endeavor Holdings LLC. Terra Universal leased the entire building ...
more » 

• Sterling Organization Picks Up Vacant, 76k sf Retail Asset in Garden Grove
5/16/17
Sterling Organization has acquired Pavilion Plaza West, a 75.9k sf, vacant retail building in Garden Grove, for $11 mil ($145/sf). The property, which was once a Vons Supermarket (Safeway), was purchased from a group of five...
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• OC Office Renewal Takes Care of Payne & Fears
5/11/17
The law firm Payne & Fears LLP signed a seven-year lease renewal for 25.8k sf of office space at Jamboree Center in Irvine. The company, an Orange County-based labor & employment, business and insurance litigation firm, sign...
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• Costa Mesa Residential Property Trades for $366k/Unit
5/10/17
The Courtyards, a 28-unit multifamily property in Costa Mesa, sold for $10.25 mil ($366k/unit). The property, situated on 1.2 acres at 324 East 20th St, midway between the 55 Fwy and Irvine Ave, was 100% occupied at the time ...
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