| Rexford Industrial Realty Buys in Huntington Beach
Rexford Industrial Realty Inc closed on an Orange County industrial purchase, paying $17.1 mil for a 114.9k sf ($149/sf) facility in Huntington Beach. The acquisition was completed with cash on hand and borrowings under the C...
| Alhambra Investor Exchanges into OC Retail Property
An Alhambra-based private investor acquired Tustin Village Center, a 15.4k sf retail center, for $3.1 mil ($201/sf) in an all-cash, 1031 exchange transaction. The recently constructed center is located at 15761 Tustin Village...
| Bixby Land Buys 71k sf Mission Viejo Office Building
Bixby Land Company has purchased Mission Heritage Center, a four-story, 71k sf office building in Mission Viejo, for $15.6 mil ($220/sf). The property was sold by New York Life Real Estate Investors.
The acquisition repres...
| Tustin Multifamily Asset Trades for $3.5 Mil
A 23-unit apartment building in Tustin sold for $3.5 mil, or $150k per unit. The property is located at 1431 Nisson Rd, west of Red Hill Ave and adjacent to I-5.
Built in 1961, the 16.4k sf property offers an average unit si...
| Buena Park Land Bought for Nissan Dealership
Industrious Properties spent $2.12 mil for 1.62 acres ($30/sf) of land in Buena Park. Located on Orangethorpe Ave at the Santa Ana (5) Fwy, the property will be used for vehicle parking for a Buena Park Nissan dealership.
| Hanley Investment Group Real Estate Advisors Raises $35,000 for Movember
Hanley Investment Group Real Estate Advisors has raised awareness and critical funds for men’s health in November, one moustache at a time. Hanley Investment Group raised $35,000 for The Movember Foundation, surpassing what t...
| Fullerton Retail Building Sells for $858/sf
A 12.8k sf, absolute-net-leased retail property in Fullerton sold for $10.95 mil, which works out $858/sf. The property is located at 101 North Harbor Blvd, on the northwest corner of North Harbor Blvd and Commonwealth Ave.
| Orange Office Building Sells for Over $3 Mil; Santa Ana Industrial Building Leased in Separate Deals
A 25.9k sf, multi-tenant office building in the city of Orange sold for $3.3 mil ($127/sf). The building sits on 1.15 acres at 2230 W Chapman Ave, north of the 22 Fwy and east of I-5 and the 57 Fwy. National executive suites ...
| Swift Real Estate Partners Buys 110k sf OC Office Complex
A Swift Real Estate Partners entity has purchased McCabe Corporate Center, a three-building, 109.5k sf low-rise office complex in Irvine. The acquisition was funded with $24.2 mil in non-recourse financing arranged by CBRE Ca...
| Santa Ana Retail Center Trades for $31.8 Mil, at a 3.76% Cap Rate
A San Diego-based private real estate investment fund manager purchased McCalla Centre, a 110.6k sf neighborhood shopping center in the city of Santa Ana, for $31.8 mil ($288/sf). The center is anchored by a high-performing N...
| Shopoff Realty Investments and Invesco Real Estate Buy Newport Beach Office Property
Shopoff Realty Investments and Invesco Real Estate have teamed up in the purchase of Bayside Square, a 35k sf office asset, in Newport Beach. The two-building property is situated on 1.5 acres at 1101 and 1111 Bayside Dr, at ...
| Orange County Seeing Strong Industrial Investment Activity
Industrial investment activity in Orange County has been very strong, as evidenced by these nine deals totaling $50 mil that closed in the past eight weeks. The deals took place in Anaheim, Buena Park, Garden Grove, Huntingto...
| MCA Realty Collects $17 Mil from Sales of Three Buildings in Santa Ana
MCA Realty has sold three of the four buildings that make up the Brookhollow Freeway Showroom Center in Santa Ana, in two separate transactions that totaled over $16.8 mil. MCA plans to retain the remaining building, currentl...
| Recent OC Leases Total 65k sf and $8 Mil in Value
The Saywitz Company recently brokered four leases for a combined 65.4k sf and with a total value of $7.9 mil in Orange County. The transactions were with Orange County Urology Associates, Sheffield Manufacturing, Carillon Off...
| Steel Topped Out at $35 Mil Ladera Ranch Multiuse Facility
The final steel beam was lifted into place atop a new, $35 mil solar-powered multiuse facility currently under construction in Ladera Ranch, CA. The 120k sf complex, located at 2 Terrace Rd, south of Oso Pkwy and east of I-5 ...
| Cypress School District Spends Over $26 Mil on Two SoCal Apartment Properties
Cypress School District acquired two SoCal multifamily properties totaling 81 units in a deal valued at $26.7 mil, or about $330k/unit. The revenue from this investment is expected to support local educational programming for...
| OC Food 4 Less Trades in $18.5 Mil Deal
Safco Capital Corporation has purchased an 81k sf retail property in Orange County NNN-leased to Food 4 Less in an $18.5 mil transaction ($228/sf). Located at 7910 Katella Ave, just west of Beach Blvd, the asset was sold by K...
| Radisson Suites Buena Park Trades Hands
Golden Capital Venture LLC, a subsidiary of INVOBAL Corporation, has acquired the 200-room, all-suite Radisson Suites Buena Park located in the heart of the Buena Park Entertainment Zone. The property, at 7762 Beach Blvd, wes...
| OliverMcMillan Awarded Exclusive Negotiation Agreement with City of Tustin
The City of Tustin has now entered into an Exclusive Negotiation Agreement with OliverMcMillan, a San Diego-based real estate firm, to prepare a viable concept and business plan for 123 acres of Tustin Legacy’s Community Core...
| JLL to Acquire OC-Based Martin Potts & Associates Inc
Real estate services firm JLL has entered into an agreement to acquire Martin Potts & Associates Inc (MPA), a project and construction management services firm for retail, hospitality, healthcare and office properties. The tr...