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• OC Industrial Tenant Signs Hybrid Deal
6/24/13
Hybrid Promotions LLC signed a five-year, $6 mil relocation lease for 174k sf ($0.57/sf/mo) of industrial space in the city of Cypress in what we’re told is the largest lease in Orange County so far this year, based on square...
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• Investors Spend $13.6 Mil on Three Costa Mesa Apartment Properties Totaling 55 Units
6/18/13
Three Costa Mesa apartment communities located within a mile of each other were acquired by two local private investment entities for a total of $13.6 mil. The properties, totaling 55 units, were sold by CT Realty Investors, ...
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• Parker Properties and RREEF Refi Summit Phase V in Aliso Viejo
6/14/13
A joint venture between Parker Properties and RREEF recently obtained new financing of $33.5 mil for Summit Phase V, two Class A office buildings totaling 250.8k sf in Aliso Viejo. The 2.89 percent, fixed-rate loan was funded...
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• 128k sf OC Biz Complex Trades Hands
6/12/13
Rialto Capital Management LLC and Cypress Office Properties LLC have purchased Freeway Corporate Park, a two-building, 128k sf office project in Orange County’s Irvine Business Complex submarket. The seller was an affiliate ...
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• All Counties Courier Leases 33k sf OC Facility
6/11/13
All Counties Courier (ACC) has a five-year lease for 33k sf of Tustin industrial space in a transaction valued at $1.585 mil ($0.80/sf/mo). The firm’s new space is located at 14811 Myford Rd, west of Jamboree Rd and south of ...
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• IREM OC’s Southern California Real Estate Conference & Tradeshow Was a Hit with Attendees
6/07/13
The Institute of Real Estate Management, Orange County Chapter held its 23rd Southern California Real Estate Conference & Tradeshow (SCREC) on May 30, hosting 505 real estate professionals at the Hyatt Regency Orange County. ...
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• HFF Arranges $11 Mil for 120k sf Medical Office Portfolio
5/31/13
HFF has arranged $11 mil in financing for a two-building medical office portfolio totaling 120.3k sf in Southern California. The properties are owned by a joint venture of Pacific Prime Properties and Hager Pacific.
One of t...
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• Hager Pacific Getting Its Portfolio in Shape with Addition of Two CA Fitness Properties
5/30/13
Hager Pacific Properties recently boosted its real estate portfolio with the addition of two fitness properties in California. In one of the deals, the company purchased a 45k sf former industrial building on a 4.1-acre lot i...
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• CT Realty Investors and Artemis Real Estate Partners Fund I Flip Irvine Corp HQ Property in Three Months
5/29/13
In Irvine, a 123k sf corporate headquarters building was purchased by an owner/user for $11.8 mil ($96/sf). The property, located at 6 Whatney, was sold by a venture of CT Realty Investors and Artemis Real Estate Partners Fun...
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• Beech Street Capital Provides Refi for OC Multifamily Community
5/23/13
Beech Street Capital LLC funded a $9 mil Fannie Mae refi loan on Villa Toscana, a 94-unit multifamily property located at 14189 Springdale St in Westminster. The new fixed-rate loan, originated by BSC’s Doug Taylor, has a 10-...
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• Vintage Real Estate Kicks Off $17 Mil Renovation/Expansion of Laguna Hills Retail Center
5/20/13
Vintage Real Estate has just broken ground on a $17 mil renovation and expansion of The Village at Nellie Gail Ranch, a community retail center located at the intersection of Moulton Pkwy and La Paz Rd in Laguna Hills. A cent...
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• Draftsmen & Craftsmen
5/16/13
C.W. Driver has completed construction of the Civic Center and Park Project for the City of Newport Beach. The 117k sf project is located at 100 Civic Center Dr, next to the Newport Beach Central Library.
The project, which ...
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• Cavotec Dabico Leases 160k sf Cypress Industrial Space
5/08/13
Cavotec Dabico agreed to a 10-year lease for 160k sf of industrial space in Cypress that the firm will use for its regional headquarters and United States west coast manufacturing and distribution. The Cypress facility provi...
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• Asian Investor Picks Up OC Retail Asset
5/06/13
In a recent OC retail buy, N. D. Dinh Tran Trust purchased Saigon Plaza, a 33.1k sf retail center in Garden Grove, for $8.5 mil ($257/sf). The asset is located on 2.41 acres of land at 10320 Westminister Ave, south of the 22 ...
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• Larry K. Sullivan Named President at Passco Companies
5/01/13
Larry K. Sullivan has been named as president of Passco Companies LLC, following the resignation of former president William H. Winn. The appointment is effective as of May 30, 2013.
With more than 30 years of experience di...
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• OC Retail Center Generates 20 Offers and a Non-Refundable Buyer Within Two Weeks
5/01/13
An Orange County-based private investor recently purchased a 40.6k sf retail center in Anaheim for $6.54 mil, or about $161/sf. The property, situated in the heart of the city at 912 – 990 S. Euclid St, is at the northeast co...
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• Irvine Industrial Building Trades for Over $11 Mil
4/30/13
A 94.3k sf industrial property in Irvine recently sold for $11.3 mil ($120/sf). Built in 2000, the property is located within the Irvine Business Complex at 1900 Carnegie, north of the 405 Fwy and east of Jamboree Rd.
“With ...
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• Farmers & Merchants Bank Provides $8.4 Mil in Acq Money for OC Retail Buy
4/19/13
LA-based Sampont Properties bought purchased CVS Plaza, a 31.1k sf, multi-tenant retail center in Huntington Beach, for $13.87 mil ($446/sf), as reported by RENTV last month. We’ve learned that the acquisition was financed wi...
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• La Habra Multifamily Asset Purchased for $19 Mil
4/18/13
Il Pompeii Apartments, a 111-unit luxury apartment complex in La Habra, was recently acquired by a local investor for $19 mil, or about $171k/unit and $204/sf. Situated on five acres and consisting of 11 separate buildings, t...
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• Kulicke & Soffa Leases 67k sf of Office Space in Santa Ana
4/16/13
Kulicke & Soffa inked a new lease for 66.5k sf at Irvine Corporate Center, a two-story 126.6k sf office building in Santa Ana. The firm will occupy the space, located at 1821 E. Dyer Rd, for its regional headquarters. Kulicke...
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