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• Premier Business Centers and Gateway One Lending Fill 50k sf in Anaheim Hills
11/16/10
In positive office leasing news from Orange County, we’ve got two leases for 25k sf each to report at Anaheim Hills Plaza, a 75k sf Class A building located at 160 N. Riverview Dr in Anaheim. The transactions were with Premie...
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• G&E Team Brokers Four OC User Sales Totaling Over $12 Mil
11/15/10
Here’s a quick look at four recent owner/user sale transactions in Orange County with an aggregate sales total of $12.7 mil. The sales were all brokered by Wade Tift, Nick Carey and Byron Foss of Grubb & Ellis Company.
“User...
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• 200k sf Placentia Sale is a Knott Berry Typical Deal
11/10/10
A venture of Newport Beach-based Western Realco LLC and Connecticut-based Penwood Real Estate Investment Management acquired a 200k sf Placentia industrial building previously used as the Knott’s Berry Farm HQ facility. The ...
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• Freestanding Mission Viejo Facility Trades for $250/sf
11/08/10
A free-standing, 11.5k sf commercial building in Mission Viejo recently traded hands in a transaction valued at $2.9 mil, or about $252/sf. The property is situated on a 2.46-acre parcel at 27856 Center Dr, east of I-5 and so...
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• Not Much Change for OC Office Market During 3Q 2010
11/05/10
Here’s a brief overview of the Orange County office and industrial markets during the third quarter of 2010 which has been provide to us by national real estate services firm Grubb & Ellis.
OFFICE
• The Orange County offi...
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• Sig Trust Spends $4 Mil on Tustin Medical Office Property
11/04/10
St. Joseph's Heritage Medical Group, a two-building, 10.1k sf medical outpatient facility in Tustin, was acquired for $4 mil ($396/sf) by OC-based Sig Trust, who was completing a 1033 tax deferred exchange. The property close...
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• Tile Company Takes 144k sf in Big North OC Industrial Deal
11/03/10
Eleganza Tile Inc signed a lease for 144k sf of industrial space in Anaheim, in what we’re told is one of the largest new leases in North Orange County for 2010. The deal, which represents an expansion of roughly 50 percent f...
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• Group of OC Airport Area Office Buildings Sold For $9.1 Mil
11/01/10
Five office buildings comprising 82.9k sf at Copper Tree Business Park located at 151 Kalmus Drive in Costa Mesa was bought by the PRES Companies for $9.1 mil, or about $109/sf. PRES is an active buyer in Southern California ...
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• Orange County Pro Moves
11/01/10
In this article, we’ll report about two companies hiring and one that has promoted two.
Starting with the new hires, NAI Capital announced the expansion of its Newport Beach team and the formation of a new owner/user group l...
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• Walmart to Greet Anaheim Market
10/27/10
The Anaheim retail market is getting a shot in the arm with the leasing of a vacant 100.3k sf retail space to Walmart, the giant retailer, at 88 E. Orangethorpe Ave. At the intersection with Lemon St, the property is just eas...
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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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