|
• Spate of New Leases Bring Two Irvine Office Buildings to Fully Leased
9/18/24
Two OC office properties in Irvine are now at 100% leased thanks to a number of recent signings. The properties are located at 7700 Irvine Center Dr and 111 Pacifica. The assets are owned by Camphor Partners and Toda America ...
|
• New 315-Unit Central OC Res Development Completed
9/18/24
Construction of Zia, a five-story, wrap-style apartment development from MBK Rental Living in central Orange County, has been finished and the project is now available for leasing. Offering upscale living with easy access to ...
|
• OC Medical/Office Asset Trades for $191/sf
9/17/24
A private 1031 exchange investor paid $8.51 mil for The Bricks, a 44.6k sf ($191/sf), multi-tenant office and medical building in Tustin. The property is located at 18302 Irvine Blvd, in the heart of Old Town Tustin, between ...
|
• Enso Logistics Leases 45k sf OC Industrial Facility
9/10/24
Enso Logistics has leased a 45k sf freestanding industrial facility located at 1830 Raymer Ave in Fullerton. Enso Logistics offers comprehensive logistics solutions, integrating warehouse services, transportation management, ...
|
• Investor Lands $15.5 Mil Loan on North OC Industrial Asset
8/28/24
A private investor has locked in a $15.5 mil refi loan on Fullerton Brea Business Park, a 111k sf multi-tenant industrial park in north Orange County, following the recent all-cash purchase of the asset. The property, locate...
|
• Turner Healthcare Facilities Funds Lands $35 Mil in Financing for Two SoCal Assets
8/22/24
Turner Healthcare Facilities Funds has obtained $35.83 mil in financing in separate transactions for two SoCal properties. The properties are 1650 Adams Ave, a 12.4k sf medical property in Costa Mesa, and 480 4th Ave., a 64,....
|
• Owner/User Pays $227/sf for Irvine Office Asset
8/21/24
A two-story, 57.3k sf low-rise commercial building in Irvine traded hands in a $13 mil ($227/sf) deal. The property, located at 17101 Armstrong, was purchased by a municipal owner/user.
Built in 1982, the building sits on a ...
|
• South OC Senior Living Community Secures $52 Mil Refi Loan
8/19/24
Atria Newport Beach, a 168-unit senior living community located in Newport Beach, was refinanced with a new loan for $52 mil. The property is owned by a partnership between a national REIT and Atria Senior Living.
Atria New...
|
• OC Multifamily Sale Works Out to $278k/Unit
8/14/24
An eight-unit multifamily property in Garden Grove was purchased by an OC-based private investor for $2.23 mil, or $278.1k/unit. The property features seven one-bedroom units and one two-bedroom unit, all of which were recent...
|
• Intracorp Buys Res Development Site in the City of Orange
8/14/24
Intracorp paid $12.25 mil for a 2.7-acre parcel in the City of Orange. The company plans to build 49 two- and three-story single-family small lot homes on the site, located at 901 E Katella Ave.
The site is situated in a pri...
|
• Downtown Santa Ana Res Project Officially Opens to the Public
7/23/24
Rafferty, a new, eight-story luxury mixed-use apartment community in downtown Santa Ana, is finished and recently celebrated its grand opening. The 218-unit project, a development of Toll Brothers Apartment Living and joint v...
|
• Five-Unit Huntington Beach Multifamily Property Trades for Over $2 Mil
7/11/24
Tec Center Equities LLC paid $2.15 mil for a five-unit multifamily property in Huntington Beach. The Delaware Street property sits on a 16.7k sf street-to-street lot zoned RM (Residential Medium Density) and consists of two d...
|
• Costa Mesa Commercial Building Goes for Over $1,000/sf
7/11/24
A 3k sf industrial building located at 123 Monte Vista Ave in Costa Mesa sold for $3.2 mil, or $1,054/sf. The unnamed buyer plans to utilize the property for personal purposes.
Stefan Rogers with Voit Real Estate Services re...
|
• La Mirada Industrial Building Fetches $420/sf
7/10/24
A 22k sf industrial building in La Mirada recently traded in a $9.25 mil ($420/sf) transaction. It was acquired by an owner/user. Built in 1964, the building offers I-5 Fwy frontage with 24-foot clear height.
The warehouse p...
|
• OC Industrial Asset Goes for $248/sf
7/10/24
A 20.2k sf, multi-tenant manufacturing building in Placentia traded for $5 mil, or about $248/sf. The property is located at 1049 S Melrose St, within a 4.13-acre master-planned industrial park comprising 11 buildings and tot...
|
• Dunleer Spends Over $9 Mil for Two SoCal Industrial Assets
7/09/24
L.A.-based Dunleer acquired two fully occupied, SoCal multi-tenant business parks in deals totaling $9.39 mil. The properties are located in Huntington Beach and Baldwin Park and total 40k sf of space.
In one of the deals, t...
|
• Three OC Multifamily Triplexes Sell in Deals Worth a Combined $7 Mil
7/03/24
Three multifamily triplex properties in Orange County traded hands in recent deals to separate buyers totaling $7.05 mil.
In one of the transactions, a three-unit multifamily property, which included a non-conforming unit, a...
|
• Absolute Ground Lease for a Single-Tenant McDonald’s in Fountain Valley Sold for $3.85 Mil
7/02/24
A single-tenant property occupied by a McDonald’s Drive-Thru in Fountain Valley sold for $3.85 mil for the absolute triple-net ground lease, representing a 3.55% cap rate. Built in 2011 on 1.04 acres, the 3.5k sf McDonald’s i...
|
• Office Property Sells for $18 Mil in Owner-User Deal
7/01/24
Hampton Tedder Electric purchased a 98.9k sf, Class A office building in the city of Orange for $17.9 mil ($181/sf). The buyer plans to occupy the 15.7k sf top floor at the building, located at 999 Town & Country.
The four-s...
|
• AO Wins Multiple Awards at PCBC Gold Nuggets Ceremony
6/21/24
Architecture firm AO was a multiple-award winner at the recent PCBC Gold Nugget Awards ceremony, held at The Westin Resort in Anaheim.
The Gold Nugget Awards, which debuted in 1963, is the oldest and most prestigious desig...
|
Return to the Southern California - Orange County area
