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• SVN Equities Wraps Up Dallas Portfolio Buy
3/11/08
Irvine-based SVN Equities recently completed the acquisition of a 12-property flex industrial/office portfolio totaling nearly 770k sf of space in Dallas, TX for approximately $48 mil ($62/sf). The purchase marks the company...
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• CPU2 Processes $10 Mil Industrial Renewal in Foothill Ranch
3/07/08
CPU2, a logistics and telephone services company serving the direct response and television marketplace, has inked a newsworthy industrial lease renewal, agreeing to a 10-year, $10 mil extension for their existing 251.1k sf (...
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• Legacy Park Hotels are Here to Stay
3/06/08
Strong anticipated growth at Legacy Park, the 820-acre mixed-use campus on the former Tustin Marine Corps Air Station in Tustin, has prompted the start of new hotel product to accommodate the growing needs of tenants and visi...
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• Latest San Clemente Deal is just Swell
3/06/08
Here’s a quick look at four recent lease comps from around Orange County, for those of you who find it valuable to follow deal trends around the region. Three of these transactions are for industrial properties, while the fou...
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• Buyer not Bluffing in $478k/Unit Purchase of Newport Beach Complex
2/15/08
An 18-unit apartment community in Newport Beach recently traded in a transaction reported to be one of the highest-priced sales ever in Orange County for an asset of its size. The property, the Eastbluff Townhomes, sold for $...
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• OC Investor Spends $7.8 Mil in Santa Ana’s Civic Center
2/14/08
A 58.6k sf office building in the heart of Santa Ana’s Civic Center was sold in a $7.8 mil ($133/sf) transaction. Located at 900 North Broadway, west of Main St and north of 1st St, the building is occupied primarily by the O...
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• Koll Completes $162 Mil Refi of Airport Business Center
2/12/08
Jay Spurgiasz, Vice President for The Koll Company, said the refinancing enabled Koll to lower the interest rate on the debt for the business complex while providing proceeds to be used “for general business purposes and to i...
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• Newport Beach Office Building Sells for $400/sf
1/29/08
Kicking off investment activity for 2008, a Newport Beach office building traded hands in a deal reportedly worth around $400/sf. Containing 117.4k sf ($400/sf) of space over six floors, the Wells Fargo Bank Building was acqu...
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• Oh Thank Heaven for an $814/sf 7-Eleven
1/23/08
A 7-Eleven-anchored retail strip center in Tustin traded hands at a price of $3.525 mil or $814/sf, a value we’re told represents a record price per square foot for a multi-tenant retail property in the area. The property, kn...
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• Sperry Van Ness Leverages National Presence with Fulcrum
1/18/08
National and regional brokerage firms continue to look to new arrangements with local market specialists as a means to quickly expand their network into previously underserved areas. In the most recent example, Irvine-based S...
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• Orange County Attracts Pack-Rat
1/18/08
Pack rats are known for needing space and a Washington DC-based portable mini-storage company with the name 1-800-Pack-Rat-LLC proves the point, as the growing business recently signed a pair of Orange County leases giving th...
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• Anaheim Industrial Tenants Opt to Remain in the Mile of Tile
1/17/08
Four recent end-of-year renewal leases in Anaheim’s Mile of Tile district (not too far from their Blocks of Blocks district) locked up 106k sf of space in the region for another three to seven years. The transactions, which h...
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• New Construction and Lower Demand Causes OC Office Vacancy to Jump
1/15/08
This is the time of year where many major brokerage firms send us valuable year-end data for the previous year, and a good recent example is this review of the Orange County office market, sent to us by Voit Commercial Broker...
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• Top NAI Capital Brokers are GET IN a New Investment Network
1/14/08
In an effort to provide clients with more specialized investment services, the company has formed the NAI Capital Investment Network, or GET IN. Top brokers from the company’s 16 SoCal offices will be working together in a co...
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• Road & Track Building Hits the Road in $6 Mil Deal
1/09/08
For those of you who follow office sales from Orange County, we’ve got a couple of end-of-year investment comps to let you know about from Newport Beach and the city of Orange.
In Newport Beach, the 16.6k sf HQ facility for ...
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• Anaheim Distribution Facility Fetches $135/sf
1/03/08
The operator of an OC-based home furnishings import business closed out 2007 with a $38 mil purchase of a 281.5k sf ($135/sf) Anaheim industrial building that the company currently occupies. The Class A facility sits on 11.78...
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• OC Deal Duo
1/02/08
Here are a couple of recent sales comps from Orange County, one an office property and the other an industrial deal. A 1031 exchange investor traded into a 22.1k sf medical/office building in the city of Orange in a $7.125 ($...
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• Don’t Bother Me – I’m Building More Office Space
12/14/07
The Orange County office of Holliday Fenoglio Fowler L.P. (HFF) arranged a $31.02 mil construction loan for the development of a 90k sf office building on the campus of Carl Karcher Enterprises Inc in Anaheim. Carl Karcher E...
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• New Development Offers Small Spaces for Industrial Users in Garden Grove
12/11/07
A new industrial development in Garden Grove offering units as small as 2.5k sf has just come online. The project, Monarch Corporate Center, contains four buildings with a total of 68.5k sf of space.
Located on 3.75 acres a...
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• Pro Moves
12/10/07
December 10, 2007 – Pro Moves
Jerry Anderson named President at Sperry Van Ness
Industry veteran Jerry Anderson, CCIM, has been appointed as the new President of Sperry Van Ness, the Irvine-based investment brokerage f...
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