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• Edison Mission Energy Inks Deal for 85k sf of HQ Space in Santa Ana
8/10/10
In a positive sign for Orange County’s office market, Edison Mission Energy agreed to a new 10-year lease for 85.3k sf of space at 3 MacArthur Place in Santa Ana, in what we’re told is the second largest new office transactio...
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• OC Office Building Sells for Near $3 Mil
8/09/10
A 38.3k sf office building in Orange County traded hands at a price of $2.9 mil or about $76/sf. Located at 1570 E. Warner Ave in Santa Ana, the property is within Brookhollow Office Park, and is just minutes away from the Jo...
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• Premier Business Centers Opens New Center in Newport Beach
8/06/10
Premier Business Centers, the big Irvine-based executive office suites firm, recently inked a deal for a new center in Newport Beach after signing a long-term lease at the Conexant Building. Premier took the entire 18.6k sf 9...
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• $25 Mil Purchase of Disneyland Courtyard by Marriott Part of Chesapeake’s Big Checkers Game
8/05/10
By Allen Wolfsheimer
Chesapeake Lodging Trust has acquired the Courtyard by Marriott Anaheim Hotel at Disneyland for $25 mil, in a transaction that concludes their purchase of a two-property portfolio from Tarsidia Hotels. T...
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• Watt Properties Inks 28 Retail Deals in First Half of 2010
8/03/10
SoCal-based Watt Commercial Properties saw considerable leasing activity within their retail portfolio over the first half of 2010. All told, the shopping center firm executed seven new leases and renewed 21 existing lease co...
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• La Habra Apartment Property Sells for Over $8.5 Mil
7/26/10
North Pointe, a 61-unit apartment complex in La Habra, was purchased by a local investor for $8.59 mil ($140.8k/unit). Located at 1001 North Harbor Blvd, just north of Whittier Blvd, the property was sold by a personal trust ...
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• Eurocar and Leabo Foods Sign SoCal Industrial Leases
7/23/10
Western States Technologies Inc has signed two new tenants at a couple of its Southland properties in Orange County and the Inland Empire. The transactions have a combined value of $4.2 mil.
In the larger of the two, Euroc...
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• James Camp Named Executive Vice President at Greenlaw Partners
7/22/10
James V. Camp has been named Executive Vice President at Greenlaw Partners, a Newport Beach-based real estate investment management and development company. Camp will be involved with managing the firm’s portfolio of commerci...
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• Kilroy’s Buying Spree Includes 99k sf OC Office Property
7/19/10
Kilroy Realty acquired a 98.6k sf office building in Orange County for $22.25 mil ($226/sf). The building, located at 999 Town and Country Rd, south of the 22 Fwy and east of Main St in the city of Orange, is a 100 percent l...
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• Tustin Retail Center Sells for $4 Mil
7/16/10
A 7.3k sf multi-tenant retail property in Tustin was acquired by a Pasadena-based investor for $4.05 mil ($552/sf). Built in 2006, the property is located at 14001 Newport Ave, at the northwest corner of Newport and El Camin...
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• Packaging Products Company Spends $22 Mil on OC Industrial Property
7/12/10
We’ve got a large OC industrial sale to report, as Frick Family Properties LLC, doing business as Paper Mart, purchased a 246.7k sf facility in the city of Orange for $22.2 mil ($90/sf). The headquarters/distribution building...
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• OC Sales Review Covers Recent San Juan Capistrano, Aliso Viejo and Santa Ana Deals
7/09/10
In recent sales activity from Orange County, a 16.8k sf office building at Valle Ranch Business Park in San Juan Capistrano was purchased by a private investor for $2.52 mil ($150/sf). The building, visible off I-5 next to th...
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• Kaleidoscope Fetches $22 Mil
7/01/10
Westport Capital Partners LLC has purchased Kaleidoscope Retail Center, a 220k sf retail center in Mission Viejo, for $22 mil in an all-cash transaction. The asset, formerly known as Centerline, was sold by C-III Asset Manag...
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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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