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• Corinthian Colleges Renews 164k sf OC Space
9/07/12
In a large OC office lease, Corinthian Colleges Inc signed a renewal for 163.7k sf of space in Griffin Towers, located at 5 & 6 Hutton Centre Dr in Santa Ana. Corinthian Colleges will continue to occupy the space for its cor...
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• HVAC Engineering Company Relocates to 54k sf HQ Space in Orange County
9/07/12
DMG Corporation, a Whittier-based HVAC engineering and manufacturing company, will be relocating to Orange County after signing a new lease for 54.6k sf of space within a 66.8k sf building at 1110 West Taft Ave, east of the 5...
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• Manufacturing Company Closes Irvine Industrial Buy
9/05/12
FMH Investors, a manufacturing company from Irvine, purchased two industrial buildings totaling 75.5k sf in Irvine for $7.8 mil, or $103/sf. The buildings are located at 17152 and 17192 Daimler, east of the 55 Fwy and north o...
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• Hines and Oaktree Fund Purchase OC Office Property
8/28/12
Hines and a subsidiary of a real estate fund managed by Oaktree Capital Management L.P. acquired Bay Technology Center in Irvine from Arden Realty, a GE Capital Real Estate Company. The two-building, 114.1k sf office complex ...
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• Positive Investments Purchases 95k sf of SoCal Medical Office Buildings
8/27/12
Positive Investments closed on the purchase of a two-property, three-building, medical office building portfolio in Bellflower and La Palma. The properties are Bellwood General Hospital Medical Center, a 36.8k sf off-campus m...
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• High Demand Driving Leasing of New OC Res Project Prior to Opening
8/17/12
A new res development still under construction in Placentia has already leased 45 percent of the project’s first 80 units prior to its scheduled opening. The project, Union Place, is a 125-residence community located at 1500 ...
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• Beech Street Capital Arranges $28 Mil on OC Apt Portfolio
8/17/12
A local real estate investor has refinanced a portfolio of three apartment complexes in Orange County with $28 mil in Freddie Mac loans that were arranged by Beech Street Capital LLC. The 238-unit portfolio consists of Rancho...
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• OC Investor Acquires OC Retail Center Through $35 Mil Catellus Stock Purchase
8/16/12
RENTV has learned that an OC investor has acquired The Landing, a Vons Pavilions-anchored shopping center located in Newport Beach, by purchasing the stock in Catellus, the company that owned the property. The asset traded i...
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• $60 Mil Development to Bring First Hotels to City of Tustin in Over 15 Years
8/14/12
R.D. Olson Development has broken ground on Tustin Pacific Center, a $60 mil, 196k sf, mixed-use hotel and retail development that will bring the first new hotels to the city of Tustin in more than 15 years. The project will ...
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• Koll Venture Picks Up 121k sf Brea Ind Campus
8/14/12
A Koll Company-led partnership purchased Saturn Business Park, a 121.1k sf business park in Brea, for $10.8 mil, or $89 per square foot. Located at 2929 East Imperial Hwy, near the Orange (57) and Riverside (91) freeways, the...
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• Irvine Retail Center Gets $10 Mil Makeover
8/10/12
Construction has been completed on a $10 mil renovation of Heritage Plaza, a 230k sf retail center in Irvine. The property, owned by Regency Centers, was originally designed in the 1970s and is one of the oldest shopping cent...
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• Johnson Capital Arranges $6.2 Mil on OC Ind/R&D Building
8/09/12
Kevin Burkhalter, Senior Vice President in Johnson Capital’s Los Angeles office, has arranged $6.2 mil in permanent financing secured by a 71.7k sf industrial/research & development building in Lake Forest. The recent buyer o...
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• OC Industrial Building Trades for Over $7 Mil
8/07/12
In a recent OC industrial sales comp, Absolute Technologies has purchased an 82.5k sf facility in Anaheim for $7.25 mil, or roughly $88/sf. Absolute is a manufacturer of precision products for aerospace, transportation and me...
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• Donahue Schriber Picks Up Three Grocery-Anchored Shopping Centers
8/06/12
Costa Mesa-based Donahue Schriber closed on the purchase of three grocery-anchored shopping centers, including their first acquisition in the state of Washington. The company most recently closed escrow on Del Mar Heights Vil...
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• NorthMarq Arranges Acquisition Money for OC Single-Tenant Buy
8/01/12
NorthMarq arranged $6.9 mil in acquisition financing for a 36k sf, single-tenant retail property in Huntington Beach leased to 24 Hour Fitness. The property is located at 7887 Center Ave, north of Edinger Ave and adjacent to ...
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• KBS REIT Closes $79 Mil WA Office Buy
8/01/12
Newport Beach-based KBS Strategic Opportunity REIT closed on a large Washington State office buy, paying $78.7 mil for the QBE/Corporate Campus, formerly Unigard Park, a nine-building, 326.4k sf ($241/sf) office property in B...
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• Jones Lang LaSalle Merges with 360 Commercial Partners
7/30/12
Jones Lang LaSalle has merged operations with 360 Commercial Partners, one of Orange County, California’s leading real estate services firms. The newly merged firm will be able to more fully deliver strategic, integrated serv...
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• New Pacific Set to Move Forward with Irvine Res Project Abandoned by Previous Developer
7/27/12
Beverly Hills-based New Pacific Realty Corporation is preparing to move forward with construction of Carlyle at Colton Plaza, a multi-million dollar res community in Irvine. New Pacific, who acquired the project in 2009 from ...
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• Lowe Enterprises Selected to Oversee Development of 100-Acre Irvine Site
7/26/12
The County of Orange Board of Supervisors yesterday approved the selection of Lowe Enterprises to provide master planning, pre-development and property management services for the development of a 100-acre parcel at the forme...
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• Passco Wraps Up 260-Unit Alabama Res Buy
7/23/12
Irvine-based Passco Companies LLC recently closed on a large multifamily buy, having acquired Stonegate, a 260-unit, luxury apartment community in Birmingham, AL. This acquisition is in line with Passco’s growth plan for 201...
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