| 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...
| Community Preservation Partners Buys 280-Unit Restricted-Rent Asset in Cathedral City
OC-based Community Preservation Partners (CPP) acquired Mountain View Senior Apartments, a 280-unit, rent-restricted apartment complex in Cathedral City. The price was not disclosed.
Built in the early 1980s, the property i...
| Private Investor Collects Over $14 Mil from Sale of Four OC Multifamily Properties
A four-property, 43-unit multifamily portfolio in Orange County has sold for $14.2 mil, or $330k/unit. The investment properties Ė one in Costa Mesa and three in Huntington Beach Ė were listed by a single private investor sel...
| OC Retail Property Trades in $4.6 Mil Deal
Lakeside Plaza, a 36.5k sf, neighborhood retail center in Anaheim, sold for $4.6 mil ($126/sf). The center sits on a 115k sf site at 3440-3492 East Orangethorpe Ave, north of the 91 Fwy at Lakeview Ave.
The center is a singl...
| OC Industrial Building Trades for $133/sf
Euroline Steel Windows & Doors has purchased an 84.4k sf industrial building in Yorba Linda for $11.2 mil, or $133/sf. The building is located at 22600 Savi Ranch Pkwy, east of Yorba Linda Blvd and north of Hwy 91.
Based in ...
| Office Property in Foothill Ranch Trades for $40 Mil
Pinnacle Asset Management Group LLC, a private investor, has purchased a 203.7k sf office building in Foothill Ranch for $40 mil, or around $195/sf.
The property is located at 26632-26642-26672 Towne Centre Dr, just off the ...
| Shopoff Realty Investments Buys In Newport Beach
Shopoff Realty Investments has acquired a three-story, 44.4k sf office building located at 4440 Von Karman Ave, between MacArthur Blvd and Jamboree Rd in Newport Beach, for $15.4 mil ($347/sf). The property was purchased with...
| Community Preservation Partners Purchases 179-Unit Senior Housing Property in Anaheim
Community Preservation Partners (CPP) has acquired the Miracle Terrace Apartments, a 179-unit, seniors affordable housing property in Anaheim, in a $53.5 mil joint venture with nonprofit Jamboree Housing.
CPP purchased the 4...
| Huntington Beach Multifamily Sale Comes in at $327k/Unit
In a recent multifamily sales comp from Huntington Beach, an unnamed investor paid $9.8 mil for the Stark & Aldrich Apartments, a two-property portfolio totaling 30 units ($327k/unit). The deal came in at an in-place cap rat...
| OC Office Campus Trades Hands in $36 Mil Deal
Stillwater Investment Group, in a joint venture partnership with CrossHarbor Capital Partners, purchased a three-building office campus in Aliso Viejo. Located at 26600, 26650, and 26700 Aliso Viejo Pkwy, the 161k sf property...
| Berkeley Partners Finances Yorba Linda Business Park Buy with $10 Mil Acquisition Loan
Berkeley Partners has obtained $10.2 mil in acquisition financing for its purchase of Yorba Linda Business Park, a flex industrial park totaling 115.8k sf in the OC city of Yorba Linda. Berkeley Partners acquired the asset, c...
| SBH Real Estate Group Pays $4.5 Mil for La Habra Retail Asset
L.A.-based SBH Real Estate Group Inc has acquired a 22.3k sf retail property in La Habra for $4.535 mil, or roughly $203/sf.
Located at 250 N. Harbor Blvd, the property is on the northeast corner of the signalized intersect...
| New 174-Room Hotel Completed in the Anaheim Resort District
Construction has been completed on Country Inn & Suites, a five-story, 174-room hotel in Anaheim. The project was built by R.D. Olson Construction on behalf of Carlson Rezidor Hotel Group, as well as hotelier entities SunCoas...
| Berkeley Partners Picks Up 118k sf OC Biz Campus from Rexford Industrial Realty
Berkeley Partners purchased a 117.8k sf OC industrial complex from Rexford Industrial Realty in a recent $17 mil ($144/sf) investment deal. The property, Yorba Linda Business Park, consists of four single-story buildings loca...