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• Draftsmen & Craftsmen
11/16/12
Nadel Architects has completed the design for The Village at Nellie Gail Ranch, an existing shopping center in Laguna Hills that is about to undergo an exciting renovation and expansion. The project has recently received enti...
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• Aerospace Firm Leases Fullerton Ind Facility
11/15/12
Wellington, Fl-based B/E Aerospace Inc leased a 91.1k sf Fullerton industrial building in a 10-year deal worth $5.01 mil, or about $0.46/sf/mo. The property is located at 1400 S. Manhattan Ave, north of the 91 Fwy and west of...
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• OC Ford Dealership Fetches $16.2 Mil
11/14/12
A 35.1k sf auto dealership Property in Huntington Beach traded hands at a price of $16.2 mil, or $462/sf. The property, located at 18255 Beach Blvd, covers 6.3 acres and is currently being used as a Ford dealership. It includ...
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• Investor Pays $2.4 Mil for OC Office Building
11/12/12
An 18.1k sf, two-story office building in Tustin sold for $2.44 mil, or $135/sf. The building, located at 111 Fashion Lane, north of I-5 and east of the 55 Fwy, was sold by Chu Family Trust.
Chuck Wilson and Blake Garrett o...
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• Garden Grove Industrial Building Trades for $12.75 Mil
11/06/12
Rangar West purchased a 125k sf industrial building in Orange County for $12.75 mil ($102/sf). The building is situated on a 6.24-acre site at 12101 Western Ave, north of the 22 Fwy and west of Beach Blvd in Garden Grove.
T...
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• Georgia Investors Trade La Mirada Industrial Facility in $27.5 Mil Deal
11/01/12
Atlanta-based Invesco Advisors paid $27.5 mil for a 278k sf ($99/sf) industrial building in La Mirada. The building is located at 16400 Knott Ave, on the northeast side of I-5 at the intersection with Desman Rd.
The building...
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• CapRock Partners Completes 75k sf OC Industrial Buy
10/31/12
CapRock Partners, a commercial real estate investment company, recently completed the acquisition of a high-image industrial complex in Santa Ana called the South Coast Metro Business Center, which consists of 75.3k sf of spa...
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• CapRock Partners Completes 238k sf East Bay HQ/Ind Property Buy
10/23/12
CapRock Partners has completed the acquisition of a newly constructed, Class A headquarters and manufacturing property containing 237.8k sf in Newark, CA. Irvine-based CapRock acquired the asset by buying the non-performing ...
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• Watt Properties Completes Redevelopment of Huntington Beach Retail Center
10/22/12
Watt Properties recently wrapped up a $20 mil redevelopment of Edinger Plaza, a 25-acre, 155k sf retail center located at 7490-7664 Edinger Ave in Huntington Beach. The redevelopment, which began in late 2011, included:
• A ...
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• Bixby Land Closes another Silicon Valley Office Campus Buy
10/22/12
Bixby Land Company has purchased Trimble Technology Park, a 234.1k sf office campus in San Jose, for $29.5 mil, or $126 per square foot. Bixby’s acquisition of the four-building office property in San Jose’s Golden Triangle s...
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• The Alison Company Arranges New Financing on Pair of SoCal Office Properties
10/19/12
Shaun Moothart of The Alison Company arranged approximately $8 mil in permanent financing in separate deals on two SoCal office buildings.
The larger of the transactions was for a 69.6k sf multi-tenant office building locat...
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• City of Anaheim and OCTA Start Work on $184 Mil Transportation Facility
10/16/12
The City of Anaheim and the Orange County Transportation Authority (OCTA) just broke ground in September of this year on the Anaheim Regional Transportation Intermodal Center (ARTIC). ARTIC is a $184 mil multimodal transporta...
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• HomeGoods Leases 24k sf Huntington Beach Retail Space
10/12/12
HomeGoods locked up a 10-year lease for 24.2k sf of retail space at the Sher Lane Shops in Huntington Beach. The 45k sf community center is located at the southeast corner of Edinger Ave and Sher Lane, across the street from ...
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• 114-Unit OC Seniors Community Listed for Sale
10/11/12
Huntington Villas, a 114-unit active seniors housing community in Huntington Beach, has been put on the market. Located at 16171 Springdale St, the 103k sf asset is listed for $19.5 mil, which works out to $171k/unit.
Devel...
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• Iconic SoCal Religious Campus Offered for Sale
10/11/12
One of the most iconic religious campuses in Southern California has come on the market, as the Catholic Diocese of Orange County plans to vacate the Marywood Pastoral Center campus, which it has occupied since 1978, when it ...
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• OC Retail / Res Property Draws Multiple Offers
10/10/12
A 9.1k sf retail/apartment property in the OC city of Anaheim sold for $1.6 mil. The property, located at 2922 W. Lincoln Ave, south of the 91 Fwy and just east of Beach Blvd, was purchased by Cedar Mountain LLC.
Built in ...
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• Garment Industry Firms Ink SoCal Deals with Western States Technologies
10/10/12
Western States Technologies Inc recently signed new leases worth $4.56 mil with two companies in the Southern California garment industry. The tenants, Ultimate Off Price Inc and Benecci Corp, took a combined 63.8k sf of spa...
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• OC Single-Tenant McDonald’s Site Sells at 4.25% Cap Rate
10/09/12
A SoCal-based family trust has acquired the fee-simple ownership in the land leased to a single-tenant NNN McDonald’s in Santa Ana. The purchase price was $2.825 mil, representing a 4.25% cap rate.
Located at 1100 S. Grand ...
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• OC Investor Picks Up 271-Room Sacramento Hotel
10/09/12
Orange County-based BA Hotel LLC has acquired the Hawthorn Suites by Wyndham in Sacramento for $5.625 mil. The lender-owned asset was sold by an affiliate of Miami-based special servicer LNR Partners Inc.
The 271-room all-su...
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• Shorenstein Awarded LEED Gold for 614k sf OC Office Complex
10/08/12
Shorenstein Properties LLC has received LEED certification at the Gold level, Existing Building Operations and Maintenance (EBOM), for Main Plaza, a 614k sf Class A office complex at 1920/2010 Main Street in Irvine.
This br...
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