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• Investor Spends $6.5 Mil on Mission Viejo Office Property
1/11/12
Providence Mission Foothills has acquired Mission Foothills Professional Building, a 52.1k sf office property located at 20532 El Toro Rd, on the southwest side of the 241 Toll Road in Mission Viejo. The three-story, Class A ...
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• Westcore Spends $15 Mil on Irvine Office/Industrial Property
1/10/12
San Diego-based Westcore Properties recently wrapped up the acquisition of a two-building, 166k sf industrial and office property located at 1601 and 1621 Alton Pkwy in Irvine for $15.1 mil ($91/sf). The buildings are fully l...
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• DJM Capital Partners Obtains $16 Mil for Construction of New Costco Pad in Orange County
1/09/12
DJM Capital Partners Inc has obtained $16 mil in construction financing for Bella Terra Shopping Center in Huntington Beach. The construction loan will allow DJM to create a big box retail pad for new tenant Costco Wholesale ...
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• Dal-Tile Inks OC Industrial Renewals for 114k sf
1/05/12
Dal-Tile inked three Orange County lease renewals for a total of 114.2k sf of industrial and showroom space at 2051-2091 E. Howell St., 1600 S. Page Court and 1541 S. Page Court in Anaheim. The three locations serve as a reg...
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• Draftsmen & Craftsmen
12/27/11
Soka University of America’s new Soka Performing Arts Center and Academic Building project, which opened in September 2011, recently received Leadership in Energy & Environmental Design (LEED) Gold Certification from the Unit...
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• Beech Street Provides $30 Mil on OC Multifamily Property
12/22/11
Beech Street Capital LLC has provided a $30 mil Freddie Mac loan to refinance Amberway Apartments, a 272-unit multifamily property in Anaheim. The property is owned by Patrick Cadigan, an experienced investor who owns 10 apar...
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• AEW Acquires Irvine High-Rise for $108 Mil
12/21/11
An affiliate of AEW Capital Management of Boston has purchased the 314k sf office tower at 2050 Main St in Irvine for about $108.5 mil ($345/sf). It was sold by a partnership of Greenlaw Partners, out of Newport Beach, New Yo...
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• Huntington Beach Industrial Property Purchased in $12 Mil Deal
12/20/11
In an OC industrial buy from a few weeks ago, CenterPoint Properties purchased a 121.3k sf property located at 7391 Heil Ave in Huntington Beach for $12.1 mil ($100/sf). It was sold by Morgan Holdings LLC.
The facility is oc...
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• OC Medical Office Property Fetches $7.76 Mil
12/19/11
In a recent OC office buy, Trabuco Hills Professional Center, a 35.2k sf medical office property in Mission Viejo, sold for $7.76 mil. The property is located at 27725 Santa Margarita Pkwy, just off Los Alisos Blvd. Situated ...
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• CT Realty Co-Founder Robert M. Campbell Passes Away
12/17/11
Robert M. “Bob” Campbell, one of the most influential leaders in the California commercial real estate industry for more than four decades, passed away on Dec. 15, 2011, in Newport Beach, Calif. He passed peacefully at home s...
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• Pacific Trust Bank Takes 41k sf of Office Space in Irvine
12/13/11
Pacific Trust Bank in a lease inked a lease for 41.4k sf of office space in Irvine for its new corporate headquarters. The bank, a wholly-owned subsidiary of First PacTrust Bancorp Inc will occupy floors 10 and 11 at 18500 Vo...
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• Orange County Multifamily Market Looking at Rapid Recovery
12/09/11
Here’s a summary of Marcus &Millichap’s 4th quarter 2011 Apartment Research Market Report for Orange County, provided to us by the national real estate investment services firm.
A broadening jobs recovery will support operat...
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• OC Office Complex Sells for $7.6 Mil
12/08/11
In recent office activity from Orange County, a 107k sf office complex in the City of Orange sold for $7.6 mil. The three-building property is on a ground lease and is located at 1835, 1845 and 1915 Orangewood Ave, east of th...
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• Greenlaw Partners Closes $7.5 Mil AZ Office Buy
12/01/11
Newport Beach-based Greenlaw Partners of Newport Beach recently wrapped up a significant Arizona officel buy, having paid $7.5 mil for 2929 Camelback, a 76.3k sf ($98/sf) building at 2929 E. Camelback Rd in Phoenix. The Class...
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• $20 Mil Renovation Underway on Huntington Beach Retail Center
11/30/11
Watt Commercial Properties is investing $20 mil on a complete renovation of Edinger Plaza in Huntington Beach. Plans for the redevelopment include converting an existing CVS building into a larger retail space for Dick’s Spor...
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• Recent OC Industrial Sales Comps from Tustin and Fountain Valley
11/30/11
Here are a couple of recent Orange County industrial comps, in Tustin and Fountain Valley. In the Tustin deal, a 54k sf facility at 15601 Mosher Ave sold for over $5.77 mil ($107/sf).
Dave Desper & Nick Spatafore of CBRE rep...
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• Grubb & Ellis Lands Lease/Sale Assignment for OC Medical Office Properties
11/21/11
Accretive Realty Advisors Inc has selected Grubb & Ellis’ Healthcare Properties Group to lease two buildings totaling more than 111k sf of medical office space in Aliso Viejo and Fullerton, as well as sell three medical offic...
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• Laguna Beach Festival Center Building Offered for Sale
11/07/11
A local private investor has decided to sell the Laguna Beach Festival Center building, a 19.8k sf property fronting Laguna Canyon Rd, California State Route 133 in Laguna Beach. The asking price of $10.7 mil equates to $541 ...
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• Trio of Recent OC Industrial Sales Comps
11/01/11
A 99.6k sf industrial warehouse in Brea was acquired by an owner/user who intends to use the facility to operate their printing business. The property is located at 333 Cliffwood Park St, south of Lambert Rd and west of the 5...
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• Johnson Capital Arranges Financing on OC Medical Office Building
10/27/11
Greg Richardson, Managing Director, and Scott Watson, Vice President, of Johnson Capital’s Irvine office have arranged a $6 mil loan secured by a 30.8k sf medical office building in Fullerton. The debt, which was provided by ...
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