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June 24, 2024
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ORANGE COUNTY NEWS
Archive
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• OC Industrial Asset Sells for $28 Mil
9/12/08
Tustin Business Center, a 157k sf multi-tenant industrial business park situated on 10.18 acres in Tustin, sold for $28 mil, or $178/sf. It consists of 11 buildings located at 14712 to 14662 Franklin Ave, east of the 55 Fwy ...
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• Maguire Sells Off Two Prize OC Office Properties
9/11/08
Maguire Properties recently completed two major Orange County office property dispositions as part of sweeping changes at the big LA-based office REIT since Nelson Rising took over in June as President and CEO. The sales were...
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• Draftsmen & Craftsmen
9/09/08
McCarthy Building Companies Inc recently completed three new design/build projects at the St. Joseph Hospital campus in Orange. Built on a tight site adjacent to the 22 Fwy in Orange on La Veta Ave, the projects include a ne...
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• OC Multifamily Market in Slowdown Phase
9/09/08
Hendricks & Company, one of the leading multifamily investment brokerage firms in the country, forwarded us their Second Quarter 2008 Hendricks & Partners Apartment Update for the Southern California region. We’ve reprinted t...
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• Garden Grove Industrial Building Sells for $8 Mil
9/03/08
A 59.9k sf industrial building in Garden Grove recently traded hands in a transaction valued at $8 mil ($134/sf). The building is situated on 2.58 acres at 14271 Corporate Dr, west of Euclid St and south of Westminster Ave. I...
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• Dental Manufacturing Co Sinks Its Teeth into Fountain Valley Facility
8/29/08
In this report, we’ll update you on four recent Orange County investment sales ranging in price from $1.8 mil up to $3.3 mil. All of the transactions were brokered, at least in part, by Voit Commercial Brokerage. In the larg...
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• PNC ARCS Arranges $6.6 Mil on Trio of OC Apartment Properties
8/20/08
PNC ARCS has arranged financing of $6.6 mil for three Orange County apartment properties with a combined total of 216 units. The properties -- Highland Meadows, Park Meadows and Robin Meadows Apartments – are located in Fulle...
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• Premier Renews Four SoCal Executive Centers
8/12/08
Irvine-based Premier Business Centers just renewed four of its SoCal centers in deals valued at a combined $11 mil. Three of the transactions were in Orange County while the fourth was in Woodland Hills. “Given the current ...
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• Aliso Viejo Industrial Facility Sold in Astronic-al Deal
8/07/08
In an owner/user purchase in south Orange County, Astronic Inc, a full-service electronic manufacturing service provider for military, medical and commercial clients, paid $13.2 mil for a 73.7k sf ($179/sf) industrial facilit...
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• Guardian to Watch Over Sperry Van Ness’ SoCal, AZ and OR Offices
8/04/08
Guardian Management LLC (Guardian), the Pacific Northwest-based real estate investment and management firm, has formed a new corporation that will acquire the Southern California and Arizona offices of Sperry Van Ness, the na...
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• Bascom Group Closes $60 Mil Colorado Apartment Buy
7/31/08
The Bascom Group, the Irvine-based real estate firm that specializes in value-add apartment buys, recently closed on a large Colorado acquisition, paying $60.8 mil for Gleneagles Apartments, a 562-unit ($108.8k/unit) Class A ...
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• OC Deal Review
7/30/08
For those of you who like to keep on top of the latest deal comps from Orange County, we have five transactions from the past month or so to share with you in this report. The update includes two office leases, two land purch...
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• Anaheim Apartment Property Listed at $56.5 Mil
7/29/08
A 286-unit Anaheim apartment property has come on the market with a listing price of $56.5 mil, which works out to about $197.6k/unit. The asset, Mariposa, is located at on an 11.5-acre lot at 175-211 South Rio Vista St, sout...
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• New RENTV Executive Report: Orange County Hot Transactions
7/28/08
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 office, industrial and retail sale and lease comps fro...
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• OC Firm Has “Georgia on Its Mind”
7/28/08
OC-based KBS REIT just closed on a sizable asset acquisition in Georgia, having paid $34.75 mil for Great Oaks Center, a 235.2k sf ($148/sf) business campus in Alpharetta, GA, a prime North Fulton/Forsyth County submarket of ...
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• Voit Closes OC Office and Industrial Sales
7/25/08
The pros at Voit Commercial Brokerage tend to handle a large number of the transactions around Orange County. Here’s a look at five recent office and industrial sales, totaling $8.9 mil, which were brokered by Voit. The trans...
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• Transwestern Acquires Pair of Culver City Office Towers from Arden Realty
7/24/08
Madison Partners, the West LA-based brokerage firm founded by Bob Safai, was involved in three recent office deals, totaling more than 650k sf of space, which just closed escrow. The properties, located in Culver City, Centur...
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• Aliso Viejo’s Summit is the Right Space for TechSpace
7/23/08
In a sizable Aliso Viejo office deal, TechSpace agreed to a nine-year renewal lease for 86.4k sf of office space within the master-planned 1.7 msf Summit Office Campus, enabling the company to continuing offering its flexible...
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• Magellan Discovers Strong Demand for New Fullerton Biz Park
7/18/08
Magellan Group, a Los Angeles-based real estate investment and development firm, has sold 11 industrial buildings totaling 115.5k sf at its newly developed Valencia Business Center in Fullerton for a total of $21.3 mil ($184/...
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• New Fitness Resort Leads to Renaissance in Aliso Viejo
7/17/08
The new Renaissance ClubSport Aliso Viejo Hotel & Fitness Resort – the first full-service hotel in the city – has just opened its doors to the public. The project is located within Summit Office Campus, a Class A, 1.7 msf, mi...
Price: $3.99
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