| 2,400-Student Irvine School Campus Completed for $126 Mil
Construction was recently completed on Irvine Unified School Districtís Portola High School, a 237k sf facility designed to provide a state-of-the-art, energy efficient education experience for 2,400 students. The project, wh...
| Leasehold Interest in South OC Retail Center Sells for $9 Mil
A private investor has paid $9 mil for the leasehold interest in Lake Forest Marketplace shopping center, a 110.3k sf neighborhood retail center in Lake Forest. It was sold by The Kutzer Company and OPC Acquisition 2 LLC.
| Recent Purchase of Fairmont Newport Beach Hotel Financed with $81 Mil Loan
HFF arranged $81.3 mil in acquisition/bridge financing for the recent purchase of Fairmont Newport Beach, a 444-room, full-service, AAAA-Diamond award-winning hotel in Newport Beach. The asset was acquired about a month ago f...
| Exchange Investor Spends Over $4 Mil on Anaheim Res Property
Olive Street Apartments, a 14-unit multifamily property in Anaheim, was purchased by a private investor for $4.19 mil, or $299k per unit. The buyer made the acquisition as part of a 1031 exchange.
The building, located at 12...
| Anaheim Industrial Asset Trades for $115/sf
A 144k sf industrial building in Anaheim was acquired by American Technologies for $16.6 mil, or $115/sf. Weíre told this transaction represents the largest industrial sale in the city of Anaheim since 2015.
The property, lo...
| Pendulum Property Partners Closes $41.7 Mil Purchase
Pendulum Property Partners purchased a 156.3k sf office building in Irvine for $41.675 mil, or $267/sf. The deal marks the firmís first acquisition since its inception seven months earlier.
Located at 5 Peters Canyon, the th...
| Lyon Living Lands Loans of $388 Mil on CA and CO Res Portfolio
Lyon Living has obtained $388.421 mil in combined financing for a seven-property multi-housing portfolio totaling 2,152 units in Orange County, CA and Colorado. The seven separate loans were arranged by HFF and funded through...
| Kidder Mathews Acquires OC Property Manager Alden Management Group
Kidder Mathews has acquired Costa Mesa-based Alden Management Group, a commercial property management firm with a large portfolio of office, industrial, and retail properties located throughout the greater Southern California...
| Senior Housing Complex in Orange Traded in $13.5 Mil Deal
Reiner Communities purchased Triangle Terrace, a 75-unit senior living apartment building in the city of Orange. The property, located at 555 S. Shaffer, was sold by Orange Senior Housing Inc in a deal worth $13.5 mil, or $18...
| HFF Arranges $19 Mil for Recent Acquisition of Anaheim Mixed-Use Property
HFF has arranged $19 mil in acquisition financing for the purchase of two buildings totaling 130.2k sf at Pacific Center, a four-building, 143k sf mixed-use property in Anaheim that was just acquired by a venture between Hine...
| Wells Fargo Office Tower in Santa Ana to Be Transformed into a Live/Work/Play Urban Village
Professional Real Estate Services (PRES) has announced plans to redevelop the existing Wells Fargo office tower property at 2700 Main Street in Santa Ana into a sustainable live-work-play environment whose centerpiece will be...
| Savills Studley Buys Cresa Orange County
Savills Studley has acquired Cresa Orange County, a move that enables Savills Studley to increase its presence in the region and expand its platform across North America.
Savills Studley has had an office in Orange County s...
| Small Office Condos in Newport Beach Being Offered for Sale
The Jetty, a creative office campus overlooking the Newport Beach Golf Course that was recently repositioned into office condominiums ranging from 1k sf to 10k sf, has been put on the market.
Formerly Workscapes, The Jetty ...
| Hines and Oaktree Capital Management Acquire Pacific Center Mixed-Use Property in Anaheim
A venture between Hines and Oaktree Capital Management has acquired Pacific Center, a four-building, mixed-use campus totaling 143k sf on 15.5 acres in Anaheim. The deal value was not disclosed.
Pacific Center, completed bet...
| Shopoff Realty Investments and Argosy Real Estate Partners Pick Up Anaheim Property for Res Redevelopment Project
Shopoff Realty Investments, in a venture with an Argosy Real Estate Partners-managed fund, have acquired a 20.5-acre property in Anaheim for redevelopment to residential use. This is the third land development opportunity tha...
| BKM Capital Partners Launches Second Industrial Fund
BKM Capital Partners has launched its second institutional fund, BKM Industrial Value Fund II, L.P., which will target $300 mil in equity commitments, delivering $850 mil in buying power. The firm is an institutional fund man...
| S&A Management LLC Buys Industrial Asset in Anaheim
Costa Mesa-based S&A Management LLC has purchased an industrial property in Anaheim from Taylor-Dunn, a leading manufacturer of commercial and industrial vehicles. Situated on a seven-acre industrial site within the North Ora...
| Zephyr Starts Work on 168-Unit Res Project in Dana Point
San Diego-based Zephyr has broken ground on South Cove, a condominium community featuring 168 luxury residences at Del Obispo and Pacific Coast Highway in the heart of Dana Point, directly across the street from Doheny State ...
| Kelemen Caamano Investments Spends $27 Mil on Four OC Office Properties
Four multi-tenant, low-rise office buildings in Irvine traded hands in a recent $27 mil transaction. The buildings, located at the corner of Jamboree Blvd and MacArthur Blvd, were acquired by Kelemen Caamano Investments as pa...
| Lew Horne Appointed President of CBRE Groupís Newly Formed SoCal-Hawaii Division
Lewis C. Horne has been appointed president of CBRE Group Incís newly formed Southern California-Hawaii Division. In this expanded role, Horne will now have executive oversight for the San Diego and Hawaii markets, in additio...