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M & M Brokers Make Fast Work of Fast Foods 10/25/10 We’ve got two sales of fast food properties to report, both completed by Michael R. Woolbright, Vice President Investments, and Nathan D. Holthouser, Associate in Marcus & Millichap’s Newport Beach office.
In Yorba Linda, Wo...
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Rundown of Recent Orange County Industrial Sales 10/25/10 In this article, we’ll inform you of several recent industrial sales that have closed in Orange County.
In Costa Mesa, VA Property Group, part of Lee & Associates, completed the $3.8 million sale of a 32,805 square foot indu...
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SARES•REGIS Sells Two Anaheim LEED Industrial Buildings For $11.9 Mil 10/21/10 SARES•REGIS Group sold two new high-end, LEED certified industrial buildings at its recently completed 120,000sf Canyon Point development in Anaheim. The two buildings, which total more than 90,000 sf, sold for $11.9 million...
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Rexford Boosts Industrial Portfolio with 100k sf Santa Ana Buy 10/14/10 In a notable OC industrial buy, Rexford Industrial paid $7.8 mil for Grand Commerce Center, a 101.2k sf ($77/sf), multi-tenant industrial complex located at 600 South Grand Ave, west of the 55 Fwy and south of 1st St in Santa...
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Tile Distributor Purchases 57k sf Facility at Canyon Point in Anaheim 10/07/10 A national cabinet and tile distribution firm paid $7.4 mil for a 57.6k sf ($128/sf) warehouse facility in Anaheim. The building is part of Sares-Regis’ Canyon Point business park and is located at 3400 E. Miraloma Ave, east ...
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Anaheim Multifamily Complex Sells for Over $21 Mil 10/01/10 In a large OC multifamily buy, Lake Forest-based Advanced Real Estate Services purchased the 149-unit Pacific Palms Apartments in Anaheim for $21.19 mil ($142.2k/unit). The 48-year-old community was sold by UDR, the Colorado-...
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Bascom Closes on 312-Unit Atlanta Acquisition 9/24/10 The Bascom Group, the OC-based multifamily investment/management firm, closed on a large out-of-state buy, paying $10 mil for The Parc at Dunwoody Apartments, a 312-unit ($32k/unit) Class B complex in the Sandy Springs area o...
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Irvine Expansion/Renewal Lease is a Quality Deal 9/22/10 In a newsworthy OC office lease from about a month ago, Quality Systems Inc signed a six-year expansion/renewal for deal for 39k sf of space at the Class A Lakeshore Towers in Irvine.
Named one of Fortune’s 100 Fastest Grow...
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Mountain Mike’s Looking to Grow on the West Coast 9/17/10 Mountain Mike’s Pizza has selected Ian Brown and Vanessa Brown of Grubb & Ellis’ Retail Group to represent the company in the site selection and lease of its first locations in Orange County.
The pizza company currently has ...
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OC Buyer Spends $4.8 Mil on Nevada Biz Park 9/17/10 An OC-based investment entity has purchased Sunset Pointe Industrial Center, a 104k sf business park in Henderson, NV, for $4.8 mil ($46/sf). Located at 505-585 W. Sunset Rd, midway between I-515 and Builder Hwy, the property...
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Modular Wind Energy Blows into Huntington Beach Facility 9/16/10 Modular Wind Energy Inc. (MWE), a Huntington Beach-based manufacturer of blades for wind turbines, recently signed off on a large OC industrial lease, agreeing to a five-year, $4.9 mil deal for a 167.8k sf ($0.49/sf/mo) facil...
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Businesses Finding Office Space Opportunities in Irvine 9/15/10 In recent leasing activity from Irvine, Semtech Corporation agreed to an expansion deal for 20.1k sf of office space within University Research Park, giving the company a total of 35.3k sf of space at the 185-acre campus busi...
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Investors See Value in OC Apartment Buys 9/10/10 In recent Orange County multifamily investment buys, two properties traded hands in separate deals totaling over $5 mil. In one of the transactions, a Newport Beach-based private investor acquired a three-building, nine-unit ...
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Premier Business Centers Adds 19th OC Location 9/09/10 Premier Business Centers, the big Irvine-based executive suites provider, has inked a lease for its 12th new location in the past 18 months and now leases in excess of 1 msf nationwide. The new location is at Griffin Towers’ ...
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Steel topped out at John Wayne Airport’s new Terminal C 9/07/10 McCarthy Building Companies topped out structural steel on the new Terminal C at John Wayne Airport in August, when construction workers from W&W Steel Company lifted and secured the final steel beam to the top of the structu...
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Data Processing Firm to Take Over 52k sf Anaheim Facility 9/07/10 A 52k sf industrial building in Anaheim sold for $5.1 mil ($98/sf). Located at 4240 E. La Palma, north of the 91 Fwy and just east of Richfield Rd, the building will be used as the corporate headquarters for InfoSend Inc, a d...
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OC-Based Bascom Closes 360-Unit San Antonio Buy 9/01/10 The Bascom Group LLC has acquired The Retreat at Canyon Springs Apartments, a 360-unit luxury Class A property in San Antonio, TX. Constructed in 2001, the apartment community is located in the city’s exclusive Stone Oak subd...
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CA Retail Deal Update 8/31/10 TEMECULA (Riverside County) -- A private investor purchased Temecula Creek Plaza, a 69k sf retail center located at 31021 – 31141 Temecula Pkwy. Built in 2007, the property is located within close proximity to Temecula Creek ...
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600-Unit OC Apartment Buy Ranks as One of the Largest CA Multifamily Sales for 2010 8/25/10 By Allen Wolfsheimer
In what ranks as one of the largest California multifamily apartment sales so far in 2010, AvalonBay Communities, the Washington, DC-based apartment REIT, has acquired Creekside Meadows, a 628-unit compl...
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Grubb & Ellis Lands leasing Assignment for 1 msf OC Retail Center 8/24/10 Pacific Development Group has awarded the leasing assignment for Foothill Ranch Centre, a 1 msf, four-property retail center in the south OC city of Foothill Ranch, to Eric Lambiase, Walter Pagel and Tom Carpenter of Grubb & ...
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