|
• Two SoCal Single-Tenant Pharmacy Properties Trade in Deals Totaling Near $20 Mil
10/18/21
Here’s the scoop on two recent SoCal single-tenant retail sales totaling just under $20 mil. The buildings traded are NNN-leased to Rite Aid and Walgreens, demonstrating investor appetite for durable, well-located assets with...
|
• Huntington Beach Walgreens Sells for $950/sf
10/14/21
An 11.8k sf, single-tenant retail building triple net leased to Walgreens on a long-term basis in the coastal Orange County market of Huntington Beach traded for $11.29 mil ($957/sf). The property was sold by Stanford Hotels ...
|
• New $61 Mil Language Arts and Social Science Building Completed at Orange Coast College
10/13/21
A new, 107.8k sf Language Arts and Social Science Building at Orange Coast College (OCC) has been completed. The three-story facility cost $61.5 mil and was built by C.W. Driver Companies.
The facility houses classrooms, off...
|
• Santa Ana Medical Office Building Gets New Owner in $30 Mil Deal
10/12/21
A newly renovated, 53.6k sf medical office building in Santa Ana was purchased by a large SoCal healthcare provider in a $29.9 mil ($558/sf) transaction. The building, sold by Meridian, is located at 3601 W. Sunflower Ave, wi...
|
• MCA Realty Closes on $71 Mil in Industrial Acquisitions
10/08/21
MCA Realty recently completed five industrial acquisitions in deals totaling just over $71 mil. The assets include two in Washington, two in Las Vegas and one in the City of Orange.
The five properties were acquired through ...
|
• Intracorp Breaks Ground on New Class A Apartment Development in the Irvine Business Complex
10/06/21
Intracorp has broken ground on a new 178-unit Class A apartment development at 2055 Main Street in the heart of the Irvine Business Complex (IBC) in Irvine. The project, located at 2055 Main, on the corner of Main St and Gill...
|
• Waterford Property Company and California Statewide Community Development Authority Spend Over $200 Mil on Two Res Communities in the City of Orange
9/28/21
Waterford Property Company has teamed up with California Statewide Community Development Authority (CSCDA) in the acquisition of two multifamily properties in the City of Orange, totaling 356 units.
The Orange acquisitions ...
|
• Khoshbin Company Buys 67k sf Office Building in Costa Mesa
9/22/21
Khoshbin Company paid $22 mil for a 66.7k sf ($330/sf) office property in Costa Mesa. Constructed in 1978, the property is located on just over six acres at 3150 Bear St.
The building was renovated in 1996 after it was purch...
|
• NAIOP SoCal’s Night at the Fights is Back -- on October 7!
9/21/21
Anticipation has been high for the return of NAIOP SoCal’s Night at the Fights black tie gala. As the largest and most prominent commercial real estate event in Southern California, Night at the Fights is back, set for Octobe...
|
• Gelt Inc Buys 312-Unit OC Res Property in $146 Mil Deal
9/17/21
Gelt Inc has acquired The Oasis Anaheim, a 312-unit, transit-oriented apartment property in the northeast area of Anaheim, for $146.5 mil ($469.6k/unit). The property, located at 3530 E. La Palma Ave, was sold by Redhill Real...
|
• Rexford Industrial Realty Wraps Up $250 Mil in SoCal Industrial Buys
9/17/21
SoCal-based Rexford Industrial Realty has completed four industrial property acquisitions totaling 837.5k sf of improvements, for an aggregate purchase price of $250.5 mil. The purchases were funded using cash on hand and pro...
|
• Balboa Fun Zone Lands in Chartwell Real Estate Development’s Acquisition Zone
9/16/21
In the sale of a unique SoCal property, Chartwell Real Estate Development has acquired the Balboa Fun Zone mixed-use entertainment development in Newport Beach. The asset was sold by Discovery Cube, the SoCal-based children's...
|
• Work Completed on New Facility at Chapman University in Orange
9/13/21
Chapman University has completed construction of its Sandi Simon Center for Dance, a cutting-edge two-story facility designed to propel the university’s dance program to new levels of excellence. The 70k sf project was built ...
|
• Integrated Capital Management Launches Fourth Investor Offering
9/13/21
Integrated Capital Management (ICM) has launched Integrated Realty Capital II LP, its fourth investor offering and latest diversified commercial real estate private equity fund. The new fund targets light value-add to opportu...
|
• Shopping Center in South Orange County Sells for $5.7 Mil
9/09/21
Lake Forest Center, a 17.2k sf shopping center in Lake Forest, sold for $5.7 mil, or $330/sf. The buyer was a private investor based out of the state of Maryland.
Lake Forest Center is located 20761 Lake Forest Dr, surrounde...
|
• Cambro Manufacturing Leases New Huntington Beach Facility in $65 Mil Deal
9/08/21
Cambro Manufacturing has agreed to lease Building 2 at Huntington Gateway, a new 433.9k sf industrial develelopment in Huntington Beach. The total lease consideration was in excess of $65 mil.
The new Cambro building, expect...
|
• Local Investor Nabs Laguna Beach Mixed-Use Property
9/03/21
The Gallery, a 10-unit mixed-use property in Laguna Beach, was acquired by a local investor. The property, located at 326-336 North Coast Highway, consists of seven apartments units and three commercial spaces. Two of the com...
|
• Glidewell Dental Ceramics Leases 40k sf Irvine Facility
9/02/21
Glidewell Dental Ceramics Inc agreed to a 10-year, $6 mil lease of a 40.6k sf industrial building in Irvine ($1.23/sf/mo). The property, which is situated in close proximity to John Wayne airport, is located at 17466 Daimler ...
|
• Huntington Beach Mobile Home Community Trades for $58 Mil
9/01/21
Skandia Mobile Country Club, a 167-unit mobile home complex in Huntington Beach, recently sold for $58 mil, or $347.3k per space. The five-star manufactured housing community consists primarily of double-wide spaces, which ar...
|
• Single-Tenant OC Valvoline Oil Change Property Trades for Over $3,400/sf
8/31/21
A 902 sf, single-tenant, freestanding retail property occupied by a Valvoline oil change store in Costa Mesa has sold for $3.109 mil. The transaction works out of $3,454/sf in a deal we’re told marks the highest recorded pric...
|
Return to the Southern California - Orange County area
