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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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• Job Market Starting to Look Up for SoCal Real Estate Grads
8/20/10
Job opportunities within the real estate industry are on the rise for recent graduates, according to the University of California, Irvine’s Center for Real Estate. The Center, which is part of the University’s Paul Merage Sch...
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• New RENTV Executive Report: Orange County Hot Transactions
8/19/10
Here’s a great way to keep up with all of the transaction activity throughout Orange County over the past year. RENTV’s latest executive report -- a compilation of closed sale and lease comps from the region over the past 12 ...
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• OC Office Property Trades for $6.5 Mil
8/19/10
In a recent OC office buy, CIT College of InfoMedical Technology, a full-service provider of training in the allied medical and technical fields, acquired a 39.7k sf building in Anaheim for $6.5 mil ($164/sf). Situated on fou...
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• RiverRocks Lands 1.6 msf AZ Assignment
8/11/10
Newport Beach-based RiverRock Real Estate Group was awarded the management assignment for a 1.6 msf industrial portfolio in Phoenix, AZ. The portfolio includes 14 large box manufacturing and distribution warehouse buildings. ...
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