| BKM Capital Partners Closes on Third of Three Recent Light Industrial Portfolio Buys that Total Over $138 Mil
BKM Capital Partners acquired a two-property portfolio in San Diego for $16.6 mil. For BKM, this purchase is one of three recent light industrial multi-tenant portfolio acquisitions, which encompass more than 769.4k sf for a ...
| High-Profile Medical Office Building in Newport Beach Sells
A 12.5k sf, free-standing medical office property, located at 1601 Avocado Ave in the center of Newport Beach, traded hands. The high-profile, coastal building features high-quality finishes.
The property sits across the st...
| Newport Beach Showroom Property Sells for Over $1,400/sf
A 4.5k sf retail and showroom property in Newport Beach was acquired by a high net worth investor for $6.4 mil, or $1,422/sf.
The property, consisting of two single-story buildings, is located at 2510-2530 West Coast Hwy. I...
| Valore Ventures Acquires Fee Simple Interest in Four Restaurant Properties near Disneyland
Valore Ventures has acquired the fee simple interest in four brand-name restaurants—Oggi’s Pizza & Brewery, Outback Steakhouse, Red Robin, and Joe's Crab Shack (the “property”) in Garden Grove, near Disneyland, for $13.1 mil....
| Walters Wholesale Electric Company Renews Brea Distribution Facility Lease
Walters Wholesale Electric Company has agreed to a long-term renewal of it its existing 246.6k sf distribution facility in Brea in deal worth $24.7 mil. The building is at 200 N Berry St, in a central industrial corridor with...
| Multiple OC Apartment Properties Trade Hands in Deals Totaling $27.6 Mil
We’ve learned of five multifamily properties in Orange County that traded recently in deals totaling $27.6 mil.
Marlon LTD, a private partnership, purchased two newly constructed assets -- a 28-unit property at 184 N Prospe...
| OC Hotel Trades for $199k/room
Pacifica Hotels paid $25.5 mil for Residence Inn by Marriott Anaheim Hills Yorba Linda, a 128-room ($199k/room), select-service extended-stay hotel in the Orange County city of Anaheim.
Residence Inn by Marriott Anaheim Hill...
| Roofing Distributor Leases New 70k sf OC Industrial Building Still Under Construction
An unnamed commercial/residential roofing distributor has agreed to a 10-year, $8.65 mil lease of a 69.9k sf ($1.03/sf/mo) industrial building currently under construction in Placentia. The property, located at 721 S. Van Bur...
| Bertram Partners Secures $72 Mil of Freddie Mac Money on Three OC Affordable Apartment Properties
Bertram Partners Inc recently obtained two Freddie Mac loans totaling $72 mil, secured by three affordable housing assets totaling 536 units in Orange County. One of the loans is for $41.26 mil and is secured by Continental G...
| AmorePacific US Leases 112k sf in Brea
AmorePacific US Inc leased 111.7k sf of space at 3300 East Birch Street in Brea. This deal brings total occupancy of the state-of-the-art 218.6k sf building to 100%.
AmorePacific US, providing beauty and health solutions, wi...
| Draftsmen & Craftsmen
Work was just completed on a new 230k sf, corporate headquarters for Behr Paint Company, one of the nation’s largest suppliers of architectural paint and exterior wood care products. The project was designed by interior archi...
| Pacific Industrial Purchases 151k sf Biz Park in Anaheim’s Platinum Triangle
Pacific Industrial has acquired North Stadium Business Center, a 151k sf, nine-acre multi-tenant business park in Anaheim’s “Platinum Triangle”. The asset, which sits directly adjacent to a property the firm already owns, cos...
| Waterford Residential Spends $30 Mil on Rare Multifamily Asset in the Dover Shores Area of Newport Beach
Waterford Residential purchased Dover Heights Apartment Homes, consisting of 66 residential units in the Dover Shores area of Newport Beach, for $30.55 mil, or $463k/unit. This purchase, along with a previous acquisition betw...
| Santa Ana Retail Property Trades in $9.5 Mil Deal
Sunflower Plaza, a 27k sf shopping center subject to a 30-year ground lease in Santa Ana, sold for $9.54 mil ($353/sf). It was purchased by Sunflower Metro LLC, a company owned by former NBA player, Josh Childress.
| OC Manufacturing Building Sells for $223/sf
A 14.2k sf manufacturing facility in Orange sold for $3.15 mil, or $223/sf. The property is located at 1591 N Main St, within the North Orange County Industrial submarket.
Built in 1987, the two-story manufacturing facility...
| AltaMed Health Services Buys 90k sf Office Property in Anaheim
AltaMed Health Services has acquired a 90.5k sf, three-story office tower in Anaheim. The property, located at 1325 N. Anaheim Blvd, will be used by AltaMed to provide healthcare to more than 300,000 residents across LA and O...
| Santa Ana Site Ground-Leased for Affordable Housing Development
In news of a large affordable housing transaction out of Orange County, a venture consisting of Alexis Gevorgian of AMG & Associates LLC, The Pacific Companies and Jamboree Housing, agreed to a 99-year ground lease for a 6.84...
| Save the Date => January 24 is RENTV's Annual Orange County State of the Market Conference
Hear and network with many of Orange County's leading commercial real estate pros, who will discuss the region's office, industrial, retail and multifamily markets and provide an outlook for the coming year.
| Work Started on Newport Beach Senior Living Project
Atria Senior Living has begun construction on Newport Terrace Senior Living, a 120k sf assisted living complex in Newport Beach. R.D. Olson Construction is the general contractor for the project.
Atria Senior Living will be ...
| Embassy Suites by Hilton Anaheim – South Hotel Refinanced with $71 Mil Loan
Landmark Companies has obtained a $71 mil, fixed-rate loan for the 375-key Embassy Suites by Hilton Anaheim - South hotel. The hotel, at 11767 Harbor Blvd in Garden Grove, is located two blocks from Disneyland Resort.