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• Two Local Industrial Users Ink Leases for Over 100k sf of OC Space
2/10/10
Here’s the scoop on two sizable OC industrial leases from about a month ago. The transactions took place in Anaheim and Santa Ana, and were each for at least 100k sf.
We’ll start in Anaheim, where Accurate Metal Fabricators ...
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• Pair of Newport Beach Multifamily Properties Fetch $3 Mil
2/05/10
Two Newport Beach multifamily properties with a total of 12 units sold for a combined $2.97 mil ($247.5k/unit). The properties are the six-unit Bedford Apartments, located at 1601 Bedford Lane, which sold for $1.46 mil ($243....
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• 90-Unit Irvine Workforce Housing Project Set to Open in February
2/01/10
The Arbor at Woodbury Apartment Homes, a new workforce housing development in Irvine, is slated to open to the public on February 11, 2010. Developed by Jamboree Housing Corporation and designed by KTGY Group Inc, The Arbor a...
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• Draftsmen & Craftsmen
1/29/10
McCarthy Building Companies, in partnership with Griffin Structures, recently topped out the structural steel on the new Westminster Police Department Headquarters building. Located at 8200 Westminster Blvd in Westminster, th...
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• RiverRock Lands 2.47 msf SoCal Industrial Portfolio
1/26/10
OC-based RiverRock Real Estate Group landed a sizable management assignment as they were awarded the contract for Denver-based DCT Industrial Trust’s SoCal industrial portfolio totaling 2.47 msf and 16 properties. With this ...
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• Investor Spends $17 Mil on OC Industrial Building
1/25/10
A 167.2k sf industrial property in Buena Park was acquired by a private investor for $16.9 mil ($101/sf). Built in 2003, the property is located at 6545 Caballero Blvd, south of Artesia Blvd and east of Valley View St.
The f...
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• City Ventures Acquires 25 Acres in Newport Beach from Conexant Systems
1/22/10
City Ventures LLC has acquired roughly 25 acres of land in Newport Beach from Conexant Systems for $26.1 mil. The land is on Jamboree Rd, adjacent to Conexant’s headquarters, and includes two fully leased buildings.
“The sal...
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• Florida-Based Logistics Company Saddles Up to 626k sf Buena Park Industrial Space
1/21/10
In what we’re told is the largest OC industrial lease in more than five years (based on square footage), Saddle Creek Corporation inked a deal for 626.3k sf of space at 6565 Knott Ave, south of Artesia Blvd and west of I-5 in...
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• SRG to Develop New Huntington Beach Retail/Multifamily Project
1/19/10
Here’s the scoop on plans for an interesting OC project from SARES•REGIS Group (SRG). The company has reached an agreement to lease and redevelop a former furniture showroom site in the city of Huntington Beach. The tentativ...
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• Accurate Update on 135 sf OC Industrial Lease
1/18/10
In a recent OC industrial lease, Accurate Metal Fabricators ("AMF") agreed to a 135-month deal for a 153.3k sf facility in Anaheim. The building is located at 3340 E. La Palma, west of Tustin Ave and north of the 91 Fwy.
Acc...
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• Canyon Johnson Urban Fund Finances Renovation of OC Shopping Center
1/15/10
Brea Plaza, a 150k sf neighborhood shopping center owned by BOSC Equities and located at 835 E. Imperial Hwy in northern Orange County, is about to undergo a major renovation thanks to $28 mil in new financing provided by Can...
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• Pair of SoCal Retail Properties Fetch over $6 Mil
1/04/10
Los Angeles-based Westwood Financial collected $6.05 mil from the sale of two multi-tenant retail properties in Cypress and North Hollywood. The properties, containing a total of 17.5k sf of space, were purchased by private i...
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• McCarthy Completes $153 Mil Facility at Mission Hospital
12/30/09
Newport Beach-based McCarthy Building Companies recently completed construction of the $153 mil patient care tower at Mission Hospital in Mission Viejo. Built next to the existing Mission Hospital tower at the southeast corn...
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• Voit Handles Anaheim Industrial Sale with Precision
12/22/09
Pinnacle Precision Sheet Metal purchased a 65k sf industrial building situated on four acres in Anaheim for $4.3 mil ($66/sf). The building is located at 5410 E. La Palma, north of the 91 Fwy and west of Imperial Hwy. The b...
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• Cornish & Carey and RiverRock Form New NoCal Property Management Entity
12/10/09
Cornish & Carey Commercial/ONCOR International (C&C) and RiverRock Real Estate Group have teamed up to create a new property management offering that complements C&C’s existing suite of commercial real estate services. The n...
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• RiverRock Awarded Management Assignment for Two OC Office Properties
12/08/09
RiverRock Real Estate Group was awarded the management assignment for two Class A OC office properties, 100 Bayview and 3 MacArthur Place, totaling 563.8k sf of space. With these new assignments, RiverRock’s management portf...
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• OC Office Building Awarded LEED Gold Certification
12/07/09
2040 Main Street has been awarded Leadership in Energy and Environment Design (LEED®) Gold certification under the U.S. Green Building Council’s (USGBC) LEED for Existing Buildings: Operations and Maintenance (LEED-EB: O&M). ...
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• Thompson National Properties and The Dawson Company Team Up in New Venture
12/04/09
In a new commercial real estate venture, Thompson National Properties and The Dawson Company have formed Thompson Dawson Real Estate Services (TDRE) to assist governmental and institutional clients navigate the current challe...
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• Met Life Goes Out on a Limb for Foothill Ranch Office Lease
12/03/09
In recent OC leasing activity, Ossur North America, a prosthetic limb manufacturing company, agreed to a six-year, $5 mil lease on a 37.1k sf ($1.87/sf/mo) office building. The property is located at 27051 Towne Centre Dr, n...
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• HFF Arranges $24 Mil on 183-Unit OC Multifamily Property
12/02/09
HFF (Holliday Fenoglio Fowler, L.P.) has placed a $24 mil loan with Freddie Mac for City Pointe Apartments, a 183-unit, Class A multi-housing property in Fullerton. The property is located at 130 East Chapman Ave, near the Ri...
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