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April 26, 2025
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ORANGE COUNTY NEWS
Archive
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• Oaktree Reaches Milestone in the OC
6/28/11
Sabal Financial Group, L.P., formerly Milestone Asset Resolution Company, LLC, a diversified financial services management firm, announced plans to expand its business operation following a corporate investment from Oaktree I...
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• User Buys Newport Beach Office Building For $4 Mil
6/27/11
Michael Hartel, Carter Harrington, and Steve Lane of Voit Real Estate Services’ Irvine office brokered the sale of an 11,684 square-foot office building in Newport Beach, CA for a total consideration of $3.975 million., or $3...
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• San Clemente Office Property Fetches $1.4 Mil
6/21/11
Here’s the scoop on two recent OC sales, brokered by Voit Commercial Real Estate Services. The deals, in San Clemente and Irvine, have a combined value of around $2.3 mil. In the larger of the two sales, a 12k sf office prop...
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• Walker & Dunlop Grows Irvine Office
6/16/11
Walker & Dunlop is expanding its Irvine office by bringing on Charles R. (Chuck) Christensen as senior vice president, of Multifamily Finance. Mr. Christensen will help establish Walker & Dunlop’s Irvine, California office an...
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• Bridgeport Investments has Closed More than $39 Mil in Deals Over the Past Year
6/15/11
Bridgeport Investments, an OC-based real estate investment banking and advisory firm, has successfully secured financing for four SoCal transactions totaling $39.2 mil. Since 2003, Bridgeport has financed over $1.5 billion of...
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• MIG Completes 4th Vegas Buy Since Late Last Year
6/13/11
MIG Real Estate just closed on another Las Vegas buy, with the Newport Beach firm’s latest acquisition being Desert Inn Office Center, a 116k sf business park comprised of four multi-tenant office buildings. This is the firm’...
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• Trident University International Expands into 63k sf Cypress Space
6/08/11
In recent leasing activity from Orange County, we’ve learned that Trident University International (TUI) took 63k sf of space in Cypress formerly occupied by Jacob’s Engineering. OC pros we’ve spoken to estimate the lease wa...
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• MIG Chasing Rainbows in Las Vegas
6/07/11
Rainbow Corporate Center, a 151.7k sf mixed-use center in Las Vegas, was acquired by Newport Beach-based MIG Real Estate in a recent investment deal. The property features two three-story office buildings totaling 147.1k sf ...
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• LoanDepot.com Inks 82k sf OC HQ Lease
6/02/11
In one of the largest HQ leases in Orange County over the past year, LoanDepot.com inked a five-year deal for 82.8k sf at Arden’s Town Centre Plaza III in Foothill Ranch. LoanDepot.com will occupy space in two of the project’...
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• Marshalls and Dollar Tree Lease Remaining Space at OC Retail Property
6/01/11
Two recent leases totaling 37.3k sf at Chapman and Main Center in Orange has brought the retail center to fully occupied. Chapman and Main Center is situated near to Highways 57 and 22, as well as I-5. In the first transac...
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• $8 Mil OC Retail Sale was Smart & Final
5/27/11
A 30.5k sf Smart & Final grocery store in Stanton sold for $8.1 mil, or $266/sf. The buyer was 7050 Katella Ave LLC, an investment group that was spearheaded by David Altemus and Justin Altemus, as managing members of the LLC...
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• Premier Business Centers Opens New Bellevue, WA Center
5/23/11
In their latest move, OC-based Premier Business Centers has leased 16.6k sf on the 10th floor in downtown Bellevue’s Plaza Center, located at 10900 NE 8th St in Bellevue, WA. This will be Premier’s second location in Bellevue...
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• AMCAL Gives City of Westminster the Royale Treatment
5/16/11
Royale Apartments, a 36-unit workforce housing development located in the SoCal city of Westminster, just opened to the public. The project, which features a Mediterranean-inspired design by Withee Malcolm Architects, was dev...
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• Barnhart Balfour Beatty Recognized for John Wayne Airport Work
5/11/11
Barnhart Balfour Beatty has been recognized with a Project Achievement Award from the Construction Management Association of America (CMAA) Southern California Chapter for work on the John Wayne Airport Parking Structure C an...
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• Kennedy Wilson Collects $43 Mil from OC Multifamily Sale
5/10/11
Mariposa Apartments, a 286-unit multifamily asset in Anaheim, was sold by Kennedy Wilson to a private investor for $43 mil ($150k/unit). The unnamed buyer is a long-standing owner / investor in the Orange County multifamily m...
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• Passco Closes Four CVS Purchase/Leaseback Deals
5/10/11
OC-based Passco Companies LLC has purchased four CVS stores in sale-leaseback deals. All four stores are newly constructed and recently opened by CVS, typical of the prototype for newer CVS retail/pharmacy stores. The new s...
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•  Trio of Leases Bring Brea Office Building to Fully Leased
5/09/11
Fairway Center, a 145k sf office building located at 1800 East Imperial Hwy in the city of Brea, is now fully leased, just 90 days after the structure stood at just 29% leased. The jump is a result of three recent transaction...
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• New $31 Mil Cogeneration Plant Completed at John Wayne Airport
5/05/11
Construction of the new Central Utility Plant (CUP) and Cogeneration Facility at John Wayne Airport in Orange County was just completed. The new project, built by Barnhart Balfour Beatty, will provide 95% of the Airport’s pow...
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• CT Realty and WLCM Team Up in SoCal Apartment Investment Venture
5/03/11
CT Realty Investors and WLCM have entered into a joint venture to acquire apartment communities in select coastal submarkets throughout Southern California. The CT joint venture just acquired three communities in Costa Mesa ...
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• L.A. Fitness Leases 47k sf Gym Space in Mission Viejo
5/02/11
L.A. Fitness International LLC just signed off on a 15-year lease for 47k sf of retail space at Kaleidoscope Courtyards in Mission Viejo. L.A. Fitness will use the space for a new gym, slated to open for business in early 201...
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