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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...
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• OC Office Construction Slows With Increasing Vacancy Rates
7/10/08
Development of new office space in Orange County has slowed dramatically as the region adjusts to a significant amount of space coming back on the market following the meltdown in the financial markets and, in particular, to ...
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• Draftsmen & Craftsmen
7/08/08
McCarthy Building Companies recently topped out the new Mission Hospital Patient Care Tower in Mission Viejo when steel workers from Schuff Steel placed the final structural steel I-beam on the braced-frame steel structure. ...
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• Tenants and Visitors Will Want to Get Stranded at New Huntington Beach Project
7/07/08
A unique oceanfront development, currently under construction in Huntington Beach, will consist of 68k sf of retail space and 30k sf of office space, along with a 157-room boutique hotel called Shorebreak and two levels of be...
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• KBS Realty Advisors Acquires OC’s Dupont Centre
7/02/08
Adam Edwards of Eastdil Secured Capital represented the seller in the transaction, while KBS represented itself. Founded by Peter Bren and Chuck Schreiber in 1992 as a private equity real estate company, KBS Realty Advisors ...
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• KBS REIT Closes Offering with $1.67 Bil in Proceeds
6/27/08
KBS Real Estate Investment Trust Inc (KBS REIT), a non-traded real estate investment trust, closed its offering period as of May 30, 2008, having raised $1.67 bil aggregate gross offering proceeds since the first shares were ...
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• Move Over Disneyland – La Mirada May Be the Happiest Place on Earth
6/26/08
Unhappy with life where you live? Move to La Mirada! According to recent survey results, local residents view La Mirada as a great place to live and are overwhelmingly satisfied with local government (maybe LA Mayor Villaraig...
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