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• $6 Mil in OC Deal Comps
3/18/10
Here are three recent OC deal comps brokered by Voit Real Estate Services, one of the most active brokerage firms in the region. These latest transactions are from Santa Ana, Buena Park and Newport Beach.
In the first deal, ...
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• OC’s Griffin Towers Sells for $90 Mil
3/16/10
In a major OC office sale, a venture of Lincoln Property Group and Angelo Gordon have acquired Griffin Towers, a two-building, 547k sf office complex in the South Coast Metro area, for $90 mil in an all-cash transaction. The ...
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• OC Industrial Property Sells for Over $12 Mil
3/11/10
In a newsworthy Orange County industrial buy, South Coast Transportation and Distribution purchased a three-building, 198k sf property in Fullerton for $12.25 mil ($62/sf). The asset covers 14.9 acres and is located at 1424 S...
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• Haigh and Rosenblatt Join The Muller Company
3/10/10
Commercial real estate industry veterans Lori Ann Haigh and Susan G. Rosenblatt have joined The Muller Company, the OC-based real estate owner/developer. Haigh, former Vice President of National Sales at First American Title,...
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• JPMorgan Chase & Co Banking on Irvine after New Lease for 67.5k sf
3/08/10
David Girty and Steven Hogberg of Coreland Companies represented the landlord, The Muller Company of Laguna Hills, in the transaction. Marshal Vogt and George Thomson of Lee & Associates of Orange repped the Phoenix Group, a ...
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• OC Retail Center Trades for over $600/sf
3/03/10
A La Habra-based investor has acquired an 8k sf, three-tenant retail property in Fullerton for $4.98 mil, or about $620/sf. Located adjacent to St. Jude Medical Campus at 1981 Sunnycrest Dr, south of Bastanchury Rd and a bloc...
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• Apartment Internet Marketing Conference Offers New Industry Solutions
2/23/10
This year’s Apartment Internet Marketing (AIM) Conference will be held at the Hyatt Regency Huntington Beach Resort and Spa in Huntington Beach on April 28-30. AIM 2010 features cutting-edge business education designed to hel...
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• New Fullerton Biz Project Sees Five Sales
2/19/10
Offering evidence of ongoing demand for smaller, modern industrial facilities in Orange County, five buildings totaling 31.2k sf at a newly developed Fullerton business park recently sold for a combined $4.5 mil. The building...
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• Mother’s Market & Kitchen Relocating within Costa Mesa
2/18/10
Mother’s Market & Kitchen signed off on a new 10-year lease for a 25k sf building in Costa Mesa. Mother’s is anticipating a spring 2010 grand opening for the new store, located at 1890 Newport Blvd, at the intersection with ...
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• OC Commercial Condos Sell Through Auction Platform
2/17/10
Since August 2009, ten of thirteen available properties at the Von Karman Center in Irvine and the Valencia Business Center in Tustin have sold and closed through AuctionPoint, the online auction platform. The condos, owned b...
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• Far West Develops Newport Beach Office Building
2/12/10
Far West Industries is developing a two-story, 21.7k sf office building in Newport Beach on an existing site that is currently underdeveloped. The Class A, multi-tenant building is located at 1401 Dove St, just east of the 73...
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• Local Investor Group Purchases Fountain Valley Retail Center for $11 Mil
2/11/10
Mile Square Plaza, a three-building, 44k sf retail center in Fountain Valley, was acquired by a group of private investors for $11 mil ($250/sf). The center is located at 16501-16581 Brookhurst St, north of Warner Ave and eas...
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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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