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OC Corp HQ Renewal Lease is a Quality Deal 2/17/12 Cal Quality Electronics inked a 10-year renewal lease for its 57k sf corporate HQ space at 2700 South Fairview St, south of Warner Ave and east of Harbor Blvd in in Santa Ana. The transaction has a total value of $5.5 mil, or...
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Travelers Elects to Stay in 131k sf La Palma for 10 Years 2/16/12 Travelers Club Luggage Inc (TCL) agreed to a 63-month lease for 131.3k sf of industrial space in La Palma. The space is within a 292k sf warehouse/distribution facility owned by DEXUS Property Group and located at the corner ...
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Investor Picks Up Stalled Dana Point Res Project 2/16/12 Mare Altura Villas, a partially completed, ten-lot residential development located at 35200 Del Rey St in Dana Point, was purchased by a private investor for $2.85 mil. The property consists of three partially finished homes...
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Western Realco Acquires 10-Acre Anaheim Site for Spec Industrial Project 2/15/12 Newport Beach-based Western Realco LLC in a partnership with Connecticut-based Penwood Real Estate Investment Management has purchased 10.5-acre land site located at 2201 E. Cerritos Ave in Anaheim. The sale price was not dis...
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Glidewell Laboratories Inks 20k sf Lease in Irvine 2/14/12 Glidewell Laboratories signed a long-term lease for 20k sf of space at Dupont Centre, a 250.9k sf office complex in Irvine’s John Wayne/Orange County Airport submarket. The property is owned by KBS Realty Advisors, who acquir...
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Passco Obtains $25 Mil Refi for T-I-C Owners on 483k sf CA Mall 2/14/12 Passco Companies LLC, negotiating on behalf of select Tenant-in-Common (“TIC”) owners, has obtained a $25.5 mil refi on Hanford Mall, a 483.2k sf regional mall in Hanford, a California city located 85 miles northwest of Baker...
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Taylor Morrison Acquires 143 Lots at Yorba Linda’s Vista Del Verde Community 2/13/12 Homebuilder Taylor Morrison recently acquired 143 townhome lots within the +1,700-unit Vista Del Verde master-planned community in Yorba Linda. The community is within the city’s Planning Area “T” and is a part of Village IV,...
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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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