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• Mazda Spends $27 Mil on OC R&D Campus They’ve Occupied for 20 Years
2/09/12
Mazda North American Operations has paid $27.75 mil for a 155.5k sf R&D ($178/sf) facility in Irvine that the company has occupied for more than 20 years. The three-building campus is located at is located at 1421 Reynolds, ...
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• OC Industrial Facility Sells for $5 Mil
2/02/12
A 44.3k sf industrial property in the City of Orange Sold for $5.1 mil, or about $116/sf, in what we’re told was the largest industrial owner/user sale for 2011 within the city. The property is located at 749 N. Poplar St, no...
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• Olen Properties Acquires 185k sf McFadden Center from The Muller Company
2/01/12
Olen Properties Corporation acquired McFadden Center, a 184.7k sf mixed-use project in Santa Ana. OC-based The Muller Company was the seller. The price was not disclosed.
McFadden Center is comprised of eight individual flex...
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• Equipment Rental Firm Leases 125k sf La Mirada Facility
1/27/12
“There were 16 sale offers, but our client preferred to lease because it is so difficult to locate good replacement industrial properties in the greater Los Angeles area with decent cap rates,” said Hubbard. “And we found the...
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• Premier Business Centers Set to Open Another SoCal Executive Suites Location
1/23/12
Premier Business Centers (PBC) has signed a lease for yet another new SoCal executive office suite location. The Irvine-based firm’s latest center is situated within the prestigious Mission Ridge Project in the affluent Missi...
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• Westcore Picks Up $20 Mil in Loan Acquisitions
1/20/12
Westcore Properties completed two commercial real estate loan acquisitions totaling $20 mil in secured debt against a Class A office property in Denver, CO and an industrial building in Garden Grove, CA. According to Westcor...
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• Related Starts Work with City of Santa Ana on New Affordable Housing Project
1/18/12
Work has begun on a new 74-unit apartment home development in Santa Ana for low income families. Located at 600 N. Lacy St in the Lacy Neighborhood of the Santa Ana Station District, the project is being developed by The City...
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• Menlo Equities Closes Out 2011 with Biggest OC Industrial Buy for All of 2011
1/16/12
Menlo Equities has closed out the year with one of the largest OC industrial buys in some time, as the company paid $47 mil for Irvine Crossings, a 420k sf ($112/sf) warehouse and data center. According to Voit Real Estate Se...
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• Premier Business Centers to Open New Location in Foothill Ranch
1/13/12
National executive suites operator Premier Business Centers (PBC) has signed a lease for a new OC location at the prestigious Towne Centre Plaza, located at 26632 Towne Centre Dr in Foothill Ranch. The Class A property is loc...
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• Lender-Owned OC Retail Center Goes for $13 Mil
1/12/12
The Commons at Aliso Viejo, a 30.7k sf lender-owned shopping center in Aliso Viejo, was acquired by and Orange County-based developer for $13 mil. Built in 2009 on 1.7 acres at 26541 Aliso Creek Rd, the center is adjacent to ...
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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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