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Garden Grove Industrial Building Sells for $24 Mil 10/23/07 An affiliate of Colony Realty Partners purchased a 277k sf industrial facility in the city of Garden Grove for $24 mil ($87/sf). The facility, located on an 11-acre lot at 12752-12822 Monarch St, east of Knott St and north of...
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Koll/PERSI Venture Secures Additional $100 Mil Credit Line 10/19/07 A real estate investment partnership of The Koll Company and the Public Employees Retirement System of Idaho (PERSI) has secured a $100 mil credit line to finance the acquisition of properties to boost its 5.3 msf investment ...
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Fullerton Industrial Facility the Perfect Flexfit for Hat Maker 10/17/07 Looking for some recent sales comps from Orange County? We’ve got three industrial deals and one office condo sale, in the $2 mil to $6 mil range, to share with you in this article.
We’ll lead off with a Fullerton deal, as ...
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Draftsmen & Craftsmen 10/11/07 McCarthy Building Companies, the venerable Newport Beach-based general contracting firm, recently completed construction of the $203 mil (development cost) patient care center at St. Joseph Hospital in Orange. Built on the e...
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OC Sees 15th Consecutive Quarter of Positive Lease Rate Growth 10/08/07 Orange County added 3.5 msf of new development during the first three quarters of 2007, according to the most recent figures from Voit Commercial Brokerage. Most of the development took place in the John Wayne Airport and Ir...
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Walls Tilted at Koll Center Irvine 3 10/05/07 The last panels were tilted at Koll Center Irvine 3, a $57 mil, 188k sf business park currently under construction in the Irvine Spectrum. The project will consist of 56 for-sale office/industrial condo units ranging in size ...
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Annual Industry Beach Competition Raises $570k for Childrens’ Causes 10/04/07 More than 400 SoCal real estate pros went head-to-head in a number of challenging athletic events for Buchanan Street Partners’ 7th Annual Challenge for Children Friday, held September 14 at Newport Dunes in Newport Beach. T...
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Pro Moves 10/02/07 Jones Lang LaSalle has expanded its Orange County operations with the relocation and expansion of its existing brokerage office into a new full-service Orange County regional office in Newport Beach. The company has also anno...
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Birtcher Anderson Closes Big OC Office Buy for GE Asset Management 9/28/07 OC-based Birtcher Anderson Realty has acquired Orange City Square, a 386k sf office/retail property in the City of Orange, on behalf of Stamford, Conn-based GE Asset Management. It was sold by Springfield, Mass-based Massachu...
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Lamborghini Drives OC Investment Market with $9 Mil Buy 9/26/07 Lamborghini Orange County has acquired a two-building, 36.2k sf industrial project at 2441 Pullman St and 1701 Carnegie Ave, south of Warner Ave and on the east side of the 55 Fwy in Santa Ana, for $9 mil ($249/sf). The legen...
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Hanover and JBS Partners Throw a Garden Party 9/24/07 Garden Plaza Partners LLC, a joint venture between Hanover Financial Company and JBS Partners of Newport Beach, has acquired Garden Plaza, a 67k sf eight-building office/medical/retail property at 27001 La Paz Rd, at the corn...
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SASCO Inks $17 Mil Corp HQ Lease in Fullerton 9/14/07 SASCO, the largest privately held electrical and data contractor in the western United States, inked a 10-year, $17 mil lease for a 221.3k sf ($0.64/sf/mo) corporate headquarters facility located at 2750 Moore Ave, within Nor...
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Koll to Redevelop Irvine Building into Office Condos 9/07/07 The Koll Company has acquired a 2.25-acre parcel that includes an existing 63.2k sf office/warehouse building on Fitch Ave in Irvine, which the company plans to redevelop into a LEED-Certified, 40k sf office condo project. Th...
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Yorba Linda Retail Center Trades for $22 Mil 8/31/07 A 1031 exchange buyer has purchased Bryant Ranch Shopping Center, a fully occupied 89.7k sf shopping center located on 9.42 acres at 23621-23741 E. La Palma Ave in Yorba Linda. The center, situated on the northeast corner of ...
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