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Pair of SoCal Retail Properties Fetch over $6 Mil 1/04/10 Los Angeles-based Westwood Financial collected $6.05 mil from the sale of two multi-tenant retail properties in Cypress and North Hollywood. The properties, containing a total of 17.5k sf of space, were purchased by private i...
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McCarthy Completes $153 Mil Facility at Mission Hospital 12/30/09 Newport Beach-based McCarthy Building Companies recently completed construction of the $153 mil patient care tower at Mission Hospital in Mission Viejo. Built next to the existing Mission Hospital tower at the southeast corn...
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Voit Handles Anaheim Industrial Sale with Precision 12/22/09 Pinnacle Precision Sheet Metal purchased a 65k sf industrial building situated on four acres in Anaheim for $4.3 mil ($66/sf). The building is located at 5410 E. La Palma, north of the 91 Fwy and west of Imperial Hwy. The b...
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Cornish & Carey and RiverRock Form New NoCal Property Management Entity 12/10/09 Cornish & Carey Commercial/ONCOR International (C&C) and RiverRock Real Estate Group have teamed up to create a new property management offering that complements C&C’s existing suite of commercial real estate services. The n...
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RiverRock Awarded Management Assignment for Two OC Office Properties 12/08/09 RiverRock Real Estate Group was awarded the management assignment for two Class A OC office properties, 100 Bayview and 3 MacArthur Place, totaling 563.8k sf of space. With these new assignments, RiverRock’s management portf...
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OC Office Building Awarded LEED Gold Certification 12/07/09 2040 Main Street has been awarded Leadership in Energy and Environment Design (LEED®) Gold certification under the U.S. Green Building Council’s (USGBC) LEED for Existing Buildings: Operations and Maintenance (LEED-EB: O&M). ...
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Thompson National Properties and The Dawson Company Team Up in New Venture 12/04/09 In a new commercial real estate venture, Thompson National Properties and The Dawson Company have formed Thompson Dawson Real Estate Services (TDRE) to assist governmental and institutional clients navigate the current challe...
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Met Life Goes Out on a Limb for Foothill Ranch Office Lease 12/03/09 In recent OC leasing activity, Ossur North America, a prosthetic limb manufacturing company, agreed to a six-year, $5 mil lease on a 37.1k sf ($1.87/sf/mo) office building. The property is located at 27051 Towne Centre Dr, n...
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HFF Arranges $24 Mil on 183-Unit OC Multifamily Property 12/02/09 HFF (Holliday Fenoglio Fowler, L.P.) has placed a $24 mil loan with Freddie Mac for City Pointe Apartments, a 183-unit, Class A multi-housing property in Fullerton. The property is located at 130 East Chapman Ave, near the Ri...
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New RENTV Executive Report: Orange County “Tenants in the Market” 12/01/09 Here’s your chance to learn which companies are searching for space in Orange County. RENTV’s just-posted Orange County “Tenants in the Market” Executive report lets you know about over a dozen companies said to be in the hun...
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Latest Leases are Marvell-ous News for Summit Office Campus 12/01/09 Two new tenants have inked deals for office space at 30 Enterprise, a 136.7k sf Class A building situated within the Summit Office Campus in Aliso Viejo. In one of the transactions, Marvell Semiconductors, a world-wide fable...
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OC Medical Office Building Listed at Just Under $11 Mil 11/30/09 Huntington Beach Medical Tower, a four-story, 58.5k sf medical office building in Huntington Beach, was just listed for sale with an asking price of $10.875 mil, or about $186/sf. The property is located at 17822 Beach Blvd, ...
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Brent Carroll Joins KBS realty Advisors 11/18/09 Brent Carroll has been named Senior Vice President and Asset Manager of KBS Realty Advisors’ Southwest Region, where he will be responsible for the performance of KBS assets in SoCal, Southern Nevada, Arizona and New Mexico. ...
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Anaheim Industrial Facility Goes for $137/sf 11/17/09 U.S. Union Tool Inc paid $3.8 mil for a 27.8k sf ($137/sf) industrial building in Anaheim. We’re told that the sale represents the highest price per-square-foot for a sale in North Orange County of more than 20k sf within the...
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Ingham Named Brokerage Leader in JLL’s OC Office 11/16/09 Jones Lang LaSalle has named Jeffrey Ingham as Brokerage Leader in the firm’s OC office. Ingham, a top producer in SoCal for the company for the past 14 years, will be responsible for leading the company’s team of 15 leasing...
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Hybrid Should Help OC Leasing Environment 11/12/09 Here’s the scoop on a sizable OC industrial sublease, as Hybrid Promotions LLC, a screen printing company, agreed to a 45-month deal for 178.9k sf of space in a Huntington Beach facility, which will serve as the firm’s corpor...
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CBRE Lands Leasing Assignment for Bayview Corporate Center 11/11/09 S.K. Hart Properties has awarded the leasing assignment for Bayview Corporate Center, a 320k sf complex in Newport Beach, to CB Richard Ellis. S.K. Hart, an affiliate of S.K. Hart Management, acquired the 320k sf OC office co...
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Cabinet Hardware Distributor Signs Renewal for OC Industrial Property 11/11/09 Louis and Company, an OC-based distributor of cabinet hardware, signed a five-year lease renewal at 895 Columbia, north of Imperial Hwy and west of the 57 Fwy in Brea, keeping the company – and approximately 80 jobs – in the ...
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Coreland’s Galentine Named State Court Receiver for 1.23 msf of SoCal Properties 11/04/09 Coreland Companies' Principal Patrick Galentine has been appointed State Court Receiver in matters involving four assets located in Southern California totaling 1.23 msf of retail, office and industrial space. The company wil...
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CT Realty Changing Up Management as Company Looks to Jump Back into the Market 10/27/09 OC-based CT Realty Corp is looking to become an active investor again, as acquisition opportunities for institutional quality distressed real estate begin to surface. CT is expanding its senior management team as it looks t...
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