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July 12, 2024
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ORANGE COUNTY NEWS
Archive
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• Cypress Biz Park Tackles New Tenant
6/30/10
Daiwa Corporation, one of the world’s largest fishing tackle and related product companies, has leased a modern 61.4k sf industrial building in the master-planned Warland Cypress Business Park in the city of Cypress. The sev...
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• 135k sf Irvine Industrial Sale a Tankless Deal
6/28/10
A 135.8k sf industrial building in Irvine traded hands at a price of $11.6 mil, which works out to $85/sf. The property, located at 20 Goodyear, southwest of Irvine Blvd off of Bake Pkwy, was acquired by Navien America Inc. ...
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• Huntington Beach Flip-Flop Store Completed
6/28/10
Tenant improvement work has been completed on the first U.S. store for Havaianas, the popular Brazilian manufacturer of stylish and comfortable flip-flops. Inland Empire-based Hodgdon-Miank Construction handled the T.I. work ...
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• KBS REIT Picks Up 82k sf Office Building in Denver Area
6/11/10
Newport Beach-based KBS REIT II has boosted its CO portfolio with the recent acquisition of an 82.3k sf office building in the Denver area for $12.5 mil ($152/sf). The asset, the Crescent VIII building in the Denver Technolo...
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• Tesla Buy Electrifies Irvine Office Market
6/10/10
Unication USA paid $3.1 mil for 15.7k sf ($197/sf) of office space within the Tesla Business Center in Irvine. The acquisition consists of two suites located at 34 Tesla, west of Irvine Center Dr and I-5, and south of Bake P...
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• Expansion Work Underway at Fullerton Continuing Care Retirement Community
6/04/10
Morningside, an award-winning continuing care retirement community in Fullerton, is expanding its Lakeview Hall and Wellness and Fitness Center as well as renovating the community’s lake and surrounding courtyard features. Mo...
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• Recent OC Industrial Sales Tally Up Near $30 Mil
6/03/10
Three OC industrial properties, located in Anaheim and Fullerton, were purchased by owner/users in recent deals that totaled up to $28.6 mil. The transactions suggest a growing trend in small businesses taking advantage of lo...
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• OC Water District Purchases 112k sf Anaheim Industrial Facility
5/26/10
Here’s a quick look at three recent OC industrial sales, in Anaheim, Huntington Beach and Orange. Together, the buildings contain over 140k sf of space. We’ll start in Anaheim, where the Orange County Water District acquired...
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• Passco Completes $23 Mil Alabama Apt Buy
5/24/10
OC-based Passco Companies LLC recently completed a notable, 240-unit multifamily acquisition. Although the property is in Montgomery, Alabama, a region of the country that we typically don’t cover, we thought you might be int...
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• Continental Exchange Solutions Signs Relocation/Expansion Deal in Buena Park
5/21/10
Here’s the scoop on a notable OC lease, as Continental Exchange Solutions Inc agreed to a 10-year transaction for a 44.3k sf call center space in Buena Park. The building is located at 6565 Knott Ave, south of Artesia Blvd an...
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• Muller Company Closes $41 Mil in Recent Leases at Two Properties
5/19/10
The Muller Company recently locked up nearly 180k sf in new leases and lease renewals at Torrey Pines Court in La Jolla and Main Street Town Center in Santa Ana. The total value of the leases is nearly $41 mil, while the sign...
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• Yorba Linda Retail Property Sells for $338/sf
5/18/10
An 8k sf retail property in Yorba Linda has sold for $2.7 mil ($338/sf). The property is located at 18501-18521 Yorba Linda Blvd, a couple of blocks east of Imperial Hwy. Built in 1975, the six-tenant shop-building is a po...
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• CBRE Deals Pace North OC Industrial Leasing Activity in First Quarter
5/12/10
Industrial leasing activity in North Orange County has picked up significantly in the first quarter of 2010 according to national real estate services firm CB Richard Ellis, one of the leading brokerage companies in the regio...
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• The Crossing Offers Anaheim Residents an Amenity-Rich, Eco-Friendly Res Development
4/23/10
The Crossing, a new luxury, transit-oriented apartment community in Anaheim, just opened to the public. Developed by SARES•REGIS Group, The Crossing provides amenity-rich, pet and eco-friendly living adjacent the Metrolink An...
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• Buyer Works $11 Mil Anaheim Building Purchase to Its Advantage
4/20/10
A 154.2k sf office/warehouse building in Anaheim was purchased by Advantage Mailing Inc for $11.2 mil ($73/sf). The building, located at 1600 North Kraemer Blvd, east of the 57 Fwy and north of the 91 Fwy, offers easy access...
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• JPMorgan Chases Down Five-Year Renewal for 128k sf of Irvine Office Space
4/15/10
In a big OC office leasing deal, JPMorgan Chase agreed to a five-year renewal for 128k sf of space at 1833 Alton Pkwy, north of the 405 Fwy and east of the 55 Fwy in Irvine. The financial services firm utilizes the facility f...
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• Clear Channel Inks $2.8 Mil Lease Renewal in Aliso Viejo
4/13/10
In a recent OC lease, Clear Channel Broadcasting, the global media and entertainment company, has signed an 80-month, $2.8 mil renewal on a 19.6k sf ($1/79/sf/mo) office building in Aliso Viejo. The property is located at 270...
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• Garden Grove Becomes More Aero Dynamic
4/05/10
In a notable OC industrial sales comp, Aero Dynamic Machining Inc, a manufacturer of aerospace parts, purchased a 50.6k sf Garden Grove facility for $4.05 mil ($80/sf). The building is located at 7472 Chapman Ave, about midwa...
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• Commercial Real Estate Gets Bar Code Technology
4/02/10
National investment brokerage firm Sperry Van Ness has implemented a new mobile marketing platform using Qonnect.mobi for its commercial property listings. Sperry Van Ness is the first commercial real estate brokerage firm t...
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• New LEED Industrial Project Underway in Anaheim
4/01/10
“Although 2009 was a challenging year for North Orange County’s industrial real estate market, conditions are improving as tenants and user buyers are back in the market and are looking for ways to become more efficient,” sai...
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Executive Subscriber Price: Free
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