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• SARES-REGIS Group to Build Spec OC Industrial Project
8/21/09
Irvine-based SARES-REGIS Group (SRG) plans to break ground this fall on a new 120k sf project in Anaheim that will consist of three Class A industrial buildings. The buildings are registered with the United States Green Build...
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• Incipio Technologies Inks Lease for 25k sf of Irvine Space
8/20/09
Incipio Technologies has signed a seven-year lease valued at $2.2 mil for 25k sf ($1.05/sf/mo) at 1842 Barranca Pkwy, midway between the 55 Fwy and Jamboree Rd in Irvine. Incipio Technologies, which designs and manufactures ...
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• KBS Capital Markets Group Recruits Two Execs
8/14/09
KBS Capital Markets Group (KBS-CMG) has brought on board two senior-level executives to help the company accommodate future growth and product offerings. Monica Brock has joined the KBS sales and distribution entity as Direct...
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• OC Office Vacancy Rate Increases to Just Under 19% at Mid-Year
8/13/09
Higher unemployment and unsteady consumer confidence are continuing to depress demand for Orange County office space. According to a just-released study from Cushman & Wakefield, the Orange County overall office vacancy inc...
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• Maguire Properties Completes Deed in Lieu on Park Place I Property
8/12/09
Magure Properties, the LA-based office REIT that has been struggling to get out from under too much debt, has completed a deed in lieu of foreclosure transaction on the 1.7 msf Park Place I office property in Irvine. The tran...
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• NAIOP SoCal and UC Irvine Paul Merage School of Business Create Industry Fellowship
7/29/09
NAIOP SoCal and the Center for Real Estate at the UC Irvine Paul Merage School of Business have joined together to help build the industry’s future leadership through creation of a fellowship. The CRE-NAIOP Fellowship will pr...
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• Owner/User Snags Upgraded Irvine Office Property
7/27/09
A 10.6k sf office property in Irvine traded hands in a recent $3.45 mil ($325/sf) deal. The building, located at 17772 Cowan, is situated in close proximity to the John Wayne Airport and offers excellent access to the 405, 55...
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• Anaheim RV Village Trades for $10 Mil
7/23/09
Anaheim RV Village, a 293-site, three-star RV resort not far from Disneyland in the city of Anaheim, sold in a recent $10 mil transaction that included the 1.66-acre commercial corner site at the intersection of Ball Rd and H...
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• Irvine Gets a Passionate Tenant
7/21/09
Passionate Pet, a pet products and services company, inked a lease for 23.6k sf of flex space at 18871 Teller Ave, west of Jamboree Rd and south of the 405 Fwy in Irvine. The 10-year deal has a total value of $3.4 mil, or abo...
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• Voit Continues to Rack Up OC Deals
7/17/09
Voit Real Estate Services’ Commercial Brokerage division is one of the most active brokerage outfits in Orange County. To give you a better sense of some of the typical deals they handle, we’ve got five recent office and indu...
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• John D. Strockis and Jeff P. Doan Join Voit Real Estate Services
7/16/09
In an effort to better serve the growing needs of owners of distressed commercial real estate assets, Voit Real Estate Services has hired two new key executives to boost the firm’s real estate asset advisory services througho...
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• Expectations of OC Buyers and Sellers Starting to Come Closer
7/13/09
The gap between the asking price and bidding prices between buyers and sellers in the Orange County office and industrial markets showed signs of shrinking in the second quarter in 2009, according to the latest data from Voit...
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• Local Developer Picks Up Laguna Beach Office Property
7/02/09
We have a couple of recent office transactions from Orange County to report. One is a purchase in Laguna Beach while the other is a lease in Anaheim.
In the sale, a local investor/developer purchased an 18k sf office buildin...
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• Keystone Pacific Lands Big OC Management Contract
7/01/09
In news of a significant multifamily management assignment just handed out in southern Orange County, Keystone Pacific Property Management Inc has been awarded the management contract for Colinas de Capistrano, a master-plann...
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• Turner Development Closes Opportunity Fund
6/24/09
Newport Beach-based Turner Development Corporation has just closed its Turner Opportunity Fund I L.P, which will be used to acquire distressed commercial real estate assets and pools of performing and non-performing loans. Th...
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• Bacchus Sells Seven Buildings at Irvine Spectrum Development
6/22/09
Seven buildings, totaling 45.6k sf, have sold in the last 30 days at BaccHus Signature Series, a 265.8k sf office park located in Irvine Spectrum, with prices averaging $225 per square foot. The project, developed by locally ...
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• It’s Prime Time for Big OC Apartment Buy
6/17/09
In what is reported to be one of the largest investment sales of the year in Orange County, the 349-unit Adagio at South Coast apartment complex in Santa Ana sold for $43.1 mil ($123.5k/unit). The property, located at 3124 So...
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• Western National Property Management Kicks Off Expansion Program
6/16/09
In an effort to grow its third-party fee management portfolio, OC-based Western National Property Management has initiated an expansion program in the Western US. The firm has opened an office in Phoenix, AZ, led by 20-year i...
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• Keystone Hires Three New Team Members
6/15/09
Irvine-based Keystone Pacific Property Management has hired three new team members at the OC property management company. Joining the Irvine office as community association managers are Tracie Manriquez and Pam Poliakoff, a r...
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• OC Investors Still Willing to Pay Top Dollar for the Right Property
6/12/09
Two properties in Orange County sold at or near record comps recently, demonstrating that unique properties are still coveted by buyers and able to command high prices per square foot, even in today’s challenging investment m...
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