| Guthrie Development Company Collects $61 Mil from Sales 63 Industrial Units in Orange County
In recent OC industrial activity, Guthrie Development Company has sold 63 individual units across three industrial properties for a combined total of $61.5 mil.
“The industrial sector overall is thriving, and the Orange Cou...
| Tustin Rehabilitation Hospital Trades for $18 Mil
Tustin Rehabilitation Hospital, a 73.2k sf medical property comprising two buildings in Tustin, was purchased by an unnamed healthcare investor/operator for $18 mil ($246/sf). We’re told it is currently the only freestanding ...
| Products Engineering Corporation Leases 72k sf of Distribution Space in Brea
Products Engineering Corporation has leased 72.3k sf of space at Sunset Distribution Center in Brea. Terms of the deal were not disclosed.
The 101.3k sf industrial facility, located at 566 Vanguard Way, features 26-foot clea...
| Newport Beach Office Building Puchased by Ocean West Capital Partners and Rockwood Capital in $64 Mil Transaction
A 214.9k sf, Class A office building traded for $64 mil, or $298/sf, in an off-market transaction. The 10-story building, located at 1301 Dove St, was acquired by a joint venture between Ocean West Capital Partners and Rockwo...
| OC Office Campus Trades for $50 Mil
The Campus at South County, a 210k sf, two-building, Class A office campus in Foothill Ranch, traded hands in an off-market, $50 mil ($238/sf) deal.
Located at 27051 and 27121 Towne Centre Drive, The Campus at South County i...
| Waterford Property Company and California Statewide Community Development Authority Close $127 Mil Anaheim Multifamily Buy
In a major multifamily buy out of Orange County, Waterford Property Company and California Statewide Community Development Authority have purchased 1818 Platinum Triangle, a 265-unit apartment community in Anaheim’s Platinum ...
| Amp Research Takes 105k sf OC Industrial Space
Amp Research, a leading automotive parts manufacturer, signed a new lease for 104.9k sf of industrial space in Brea. Amp Research will use the space, located at 3172 Nasa St, for its west coast distribution center which it is...
| Two SoCal Single-Tenant Pharmacy Properties Trade in Deals Totaling Near $20 Mil
Here’s the scoop on two recent SoCal single-tenant retail sales totaling just under $20 mil. The buildings traded are NNN-leased to Rite Aid and Walgreens, demonstrating investor appetite for durable, well-located assets with...
| Huntington Beach Walgreens Sells for $950/sf
An 11.8k sf, single-tenant retail building triple net leased to Walgreens on a long-term basis in the coastal Orange County market of Huntington Beach traded for $11.29 mil ($957/sf). The property was sold by Stanford Hotels ...
| New $61 Mil Language Arts and Social Science Building Completed at Orange Coast College
A new, 107.8k sf Language Arts and Social Science Building at Orange Coast College (OCC) has been completed. The three-story facility cost $61.5 mil and was built by C.W. Driver Companies.
The facility houses classrooms, off...
| Santa Ana Medical Office Building Gets New Owner in $30 Mil Deal
A newly renovated, 53.6k sf medical office building in Santa Ana was purchased by a large SoCal healthcare provider in a $29.9 mil ($558/sf) transaction. The building, sold by Meridian, is located at 3601 W. Sunflower Ave, wi...
| MCA Realty Closes on $71 Mil in Industrial Acquisitions
MCA Realty recently completed five industrial acquisitions in deals totaling just over $71 mil. The assets include two in Washington, two in Las Vegas and one in the City of Orange.
The five properties were acquired through ...
| Intracorp Breaks Ground on New Class A Apartment Development in the Irvine Business Complex
Intracorp has broken ground on a new 178-unit Class A apartment development at 2055 Main Street in the heart of the Irvine Business Complex (IBC) in Irvine. The project, located at 2055 Main, on the corner of Main St and Gill...
| Waterford Property Company and California Statewide Community Development Authority Spend Over $200 Mil on Two Res Communities in the City of Orange
Waterford Property Company has teamed up with California Statewide Community Development Authority (CSCDA) in the acquisition of two multifamily properties in the City of Orange, totaling 356 units.
The Orange acquisitions ...
| Khoshbin Company Buys 67k sf Office Building in Costa Mesa
Khoshbin Company paid $22 mil for a 66.7k sf ($330/sf) office property in Costa Mesa. Constructed in 1978, the property is located on just over six acres at 3150 Bear St.
The building was renovated in 1996 after it was purch...
| NAIOP SoCal’s Night at the Fights is Back -- on October 7!
Anticipation has been high for the return of NAIOP SoCal’s Night at the Fights black tie gala. As the largest and most prominent commercial real estate event in Southern California, Night at the Fights is back, set for Octobe...
| Gelt Inc Buys 312-Unit OC Res Property in $146 Mil Deal
Gelt Inc has acquired The Oasis Anaheim, a 312-unit, transit-oriented apartment property in the northeast area of Anaheim, for $146.5 mil ($469.6k/unit). The property, located at 3530 E. La Palma Ave, was sold by Redhill Real...
| Rexford Industrial Realty Wraps Up $250 Mil in SoCal Industrial Buys
SoCal-based Rexford Industrial Realty has completed four industrial property acquisitions totaling 837.5k sf of improvements, for an aggregate purchase price of $250.5 mil. The purchases were funded using cash on hand and pro...
| Balboa Fun Zone Lands in Chartwell Real Estate Development’s Acquisition Zone
In the sale of a unique SoCal property, Chartwell Real Estate Development has acquired the Balboa Fun Zone mixed-use entertainment development in Newport Beach. The asset was sold by Discovery Cube, the SoCal-based children's...
| Work Completed on New Facility at Chapman University in Orange
Chapman University has completed construction of its Sandi Simon Center for Dance, a cutting-edge two-story facility designed to propel the university’s dance program to new levels of excellence. The 70k sf project was built ...