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Clear Channel Inks $2.8 Mil Lease Renewal in Aliso Viejo 4/13/10 In a recent OC lease, Clear Channel Broadcasting, the global media and entertainment company, has signed an 80-month, $2.8 mil renewal on a 19.6k sf ($1/79/sf/mo) office building in Aliso Viejo. The property is located at 270...
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Garden Grove Becomes More Aero Dynamic 4/05/10 In a notable OC industrial sales comp, Aero Dynamic Machining Inc, a manufacturer of aerospace parts, purchased a 50.6k sf Garden Grove facility for $4.05 mil ($80/sf). The building is located at 7472 Chapman Ave, about midwa...
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Commercial Real Estate Gets Bar Code Technology 4/02/10 National investment brokerage firm Sperry Van Ness has implemented a new mobile marketing platform using Qonnect.mobi for its commercial property listings. Sperry Van Ness is the first commercial real estate brokerage firm t...
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New LEED Industrial Project Underway in Anaheim 4/01/10 “Although 2009 was a challenging year for North Orange County’s industrial real estate market, conditions are improving as tenants and user buyers are back in the market and are looking for ways to become more efficient,” sai...
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Muller Company Awarded Management Contract for Phoenix Office Building 4/01/10 The Muller Company was also awarded a contract to manage a 19-story, 255.5k sf office building located in Phoenix. They will be responsible for leasing and maintaining the property. Since the management contract was acquired...
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The Muller Company Picks Up Almost 2 msf of New Management Contracts 3/26/10 The Muller Company has been awarded three new management contracts totaling over 1.9 msf. DCT Industrial Trust Inc selected The Muller Company to manage its Phoenix, AZ portfolio of 14 industrial buildings totaling over 1.6 m...
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OC’s KBS REIT II Closes on Another Sizable Texas Buy 3/24/10 OC-based KBS REIT II, a public, non-traded real estate investment trust, has purchased three buildings totaling 283.6k sf of Class A industrial/flex space at Plano Business Park in Plano, TX, roughly 20 miles north of downtow...
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New RENTV Executive Report: Orange County “Tenants in the Market” 3/19/10 Want to know the latest information on which companies are searching for space in Orange County? RENTV’s just-posted Orange County “Tenants in the Market” Executive report updates you on over a dozen companies said to be in t...
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$6 Mil in OC Deal Comps 3/18/10 Here are three recent OC deal comps brokered by Voit Real Estate Services, one of the most active brokerage firms in the region. These latest transactions are from Santa Ana, Buena Park and Newport Beach.
In the first deal, ...
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OC’s Griffin Towers Sells for $90 Mil 3/16/10 In a major OC office sale, a venture of Lincoln Property Group and Angelo Gordon have acquired Griffin Towers, a two-building, 547k sf office complex in the South Coast Metro area, for $90 mil in an all-cash transaction. The ...
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OC Industrial Property Sells for Over $12 Mil 3/11/10 In a newsworthy Orange County industrial buy, South Coast Transportation and Distribution purchased a three-building, 198k sf property in Fullerton for $12.25 mil ($62/sf). The asset covers 14.9 acres and is located at 1424 S...
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Haigh and Rosenblatt Join The Muller Company 3/10/10 Commercial real estate industry veterans Lori Ann Haigh and Susan G. Rosenblatt have joined The Muller Company, the OC-based real estate owner/developer. Haigh, former Vice President of National Sales at First American Title,...
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JPMorgan Chase & Co Banking on Irvine after New Lease for 67.5k sf 3/08/10 David Girty and Steven Hogberg of Coreland Companies represented the landlord, The Muller Company of Laguna Hills, in the transaction. Marshal Vogt and George Thomson of Lee & Associates of Orange repped the Phoenix Group, a ...
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OC Retail Center Trades for over $600/sf 3/03/10 A La Habra-based investor has acquired an 8k sf, three-tenant retail property in Fullerton for $4.98 mil, or about $620/sf. Located adjacent to St. Jude Medical Campus at 1981 Sunnycrest Dr, south of Bastanchury Rd and a bloc...
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Apartment Internet Marketing Conference Offers New Industry Solutions 2/23/10 This year’s Apartment Internet Marketing (AIM) Conference will be held at the Hyatt Regency Huntington Beach Resort and Spa in Huntington Beach on April 28-30. AIM 2010 features cutting-edge business education designed to hel...
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New Fullerton Biz Project Sees Five Sales 2/19/10 Offering evidence of ongoing demand for smaller, modern industrial facilities in Orange County, five buildings totaling 31.2k sf at a newly developed Fullerton business park recently sold for a combined $4.5 mil. The building...
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Mother’s Market & Kitchen Relocating within Costa Mesa 2/18/10 Mother’s Market & Kitchen signed off on a new 10-year lease for a 25k sf building in Costa Mesa. Mother’s is anticipating a spring 2010 grand opening for the new store, located at 1890 Newport Blvd, at the intersection with ...
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OC Commercial Condos Sell Through Auction Platform 2/17/10 Since August 2009, ten of thirteen available properties at the Von Karman Center in Irvine and the Valencia Business Center in Tustin have sold and closed through AuctionPoint, the online auction platform. The condos, owned b...
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Far West Develops Newport Beach Office Building 2/12/10 Far West Industries is developing a two-story, 21.7k sf office building in Newport Beach on an existing site that is currently underdeveloped. The Class A, multi-tenant building is located at 1401 Dove St, just east of the 73...
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Local Investor Group Purchases Fountain Valley Retail Center for $11 Mil 2/11/10 Mile Square Plaza, a three-building, 44k sf retail center in Fountain Valley, was acquired by a group of private investors for $11 mil ($250/sf). The center is located at 16501-16581 Brookhurst St, north of Warner Ave and eas...
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