| 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...
| 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...