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April 18, 2024
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ORANGE COUNTY NEWS
Archive
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• Draftsmen & Craftsmen
1/16/19
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...
more » 

• Pacific Industrial Purchases 151k sf Biz Park in Anaheim’s Platinum Triangle
1/15/19
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...
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• Waterford Residential Spends $30 Mil on Rare Multifamily Asset in the Dover Shores Area of Newport Beach
1/09/19
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...
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• Santa Ana Retail Property Trades in $9.5 Mil Deal
1/04/19
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. Sunflower...
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• OC Manufacturing Building Sells for $223/sf
12/28/18
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...
more » 

• AltaMed Health Services Buys 90k sf Office Property in Anaheim
12/18/18
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...
more » 

• Santa Ana Site Ground-Leased for Affordable Housing Development
12/14/18
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...
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• Save the Date => January 24 is RENTV's Annual Orange County State of the Market Conference
12/12/18
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.
more » 

• Work Started on Newport Beach Senior Living Project
12/10/18
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 ...
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• Embassy Suites by Hilton Anaheim – South Hotel Refinanced with $71 Mil Loan
12/07/18
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. Marc ...
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• Rexford Industrial Realty Spends $43.5 Mil for Two SoCal Industrial Assets
12/05/18
Rexford Industrial Realty recently acquired two SoCal industrial properties – in Chatsworth and La Palma -- for $43.5 mil. The acquisitions were funded using available cash on hand. In one of the purchases, Rexford acquired ...
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• BPM Real Estate Group Lands $115 Mil in Construction Money for New 326-Room Radisson Blu Hotel in Anaheim
11/29/18
BPM Real Estate Group has obtained a $115 mil, non-recourse senior construction loan for the ground-up development of a 326-key, four-star Radisson Blu hotel in Anaheim. The hotel, located at 1601 S. Anaheim Blvd and situated...
more » 

• Irvine Residential Community Trades in $118 Mil Transaction
11/29/18
In one of the largest multifamily sales in Orange County for 2018, Texas-based Olympus Property purchased Fusion Apartments, a 280-unit residential community in Irvine. The asset was sold by Georgia-based 360 Residential in a...
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• Stanton Road Capital Completes 141k sf OC Office Buy
11/28/18
Stanton Road Capital has purchased The Offices @ Village Business Park, a two-building 141.4k sf office property in Buena Park. The price was not disclosed. Built in 1980 and 1987 and renovated in 2017, the property is situa...
more » 

• Investment Concepts Makes Zen Res Buy in Phoenix
11/27/18
Zen Senior Living, a 99-unit, two-story, garden-style complex in Phoenix, traded hands for $11.95 mil ($120.7k/unit). The property, located at 11645 N. 25th Place, was purchased by Investment Concepts Inc, of Orange County. ...
more » 

• Bolour Associates Secures Refi Loan on Recently Renovated OC Office Building
11/19/18
Bolour Associates Inc has refinanced a four-story, 72k sf office building in Mission Viejo they acquired in April 2018 for $21.5 mil. The building, situated on 3.9 acres at 27410 Los Altos, was sold by Bixby Land Company. B...
more » 

• Draftsmen & Craftsmen
11/12/18
Work has started on a new $23 mil, student union at Vanguard University in Costa Mesa. The 35k sf building, which will serve the immediate needs of the university’s current enrollment and provide additional space to accommoda...
more » 

• TA Realty Acquires 368-Unit Multifamily Community in San Clemente in One of the Largest OC Res Sales in 2018
11/06/18
TA Realty has purchased Seacrest Apartment Homes, an upscale, 368-unit multifamily community in San Clemente, in one of the largest multifamily sales in Orange County so far in 2018. The property was sold by Western National ...
more » 

• OC Apartment Building Sells for $375k/Unit
11/05/18
A newly constructed, 12-unit apartment building in the City of Orange was purchased by a 1031 exchange investor for $4.5 mil, or $375k/unit. The property, Encore at Hewes, a luxury senior apartment community (55+), was built ...
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• Construction Completed on $130 Mil Development at Chapman University in Orange
11/01/18
C.W. Driver Companies has completed construction of Chapman University’s Keck Center for Science and Engineering in Orange. The 149.7k sf, state-of-the-art education and research facility is the largest, most expensive and mo...
more » 



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