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June 20, 2024
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ORANGE COUNTY NEWS
Archive
1  | 2  |  3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  95
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• LA Investor Pays $292/sf for OC Biz Park
12/21/23
Harbor Warner Business Center, a 38.6k sf, industrial multi-tenant business park in Santa Ana, was purchased by a private investment fund in an $11.275 mil ($292/sf) transaction. The asset was sold by Rexford Industrial Realt...
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• Garden Grove Office Building Trades for $188/sf
12/15/23
Garden Grove Plaza, a 64.5k sf office building in Garden Grove, sold for $12.12 mil ($188/sf). The buyer was the City of Garden Grove. The five-story glass-and-steel office building is situated on just over two acres at 1296...
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• Tabani Group Spends $16.7 Mil on OC Retail Asset
12/14/23
Tabani Group paid $16.7 mil for Bristol Marketplace, a 107.7k sf retail property in Santa Ana. Bristol Marketplace is comprised of a 99.8k sf, two-story Kohl’s (dark) and adjacent shop space. The offering presented investors ...
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• Sudberry Properties Breaks Ground on Fourth Res Project within 230-Acre Civita Community in Mission Viejo
12/13/23
Sudberry Properties has broken ground on The Brynn, a 200-unit luxury apartment development with extensive amenities on 3.3 acres. The project is the fourth apartment neighborhood within the 230-acre Civita community in Missi...
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• Don't Miss RENTV's 2024 OC State of the Market Conference
12/06/23
RENTV's 2024 Orange County State of the Market Conference will be held on Thursday, March 21st at Irvine Company's Venue event facility, part of the firm's Spectrum Terrace office complex in Irvine.
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• Huntington Beach Multifamily Property Sells for Just Over $7 Mil
12/05/23
Tropicana Apartments, a 21-unit multifamily community in Huntington Beach, was purchased by a private, all-cash buyer in a $7.05 mil ($337.7k/unit) transaction. We’re told this was the largest apartment transaction in downtow...
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• Hanley Investment Group Raises Over $33k for Movember
12/05/23
Hanley Investment Group Real Estate Advisors raised $33,639 for Movember in the month of November. This marks the 13th consecutive year that Hanley Investment Group has joined the global movement to raise awareness and critic...
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• Santa Ana Office Tower Trades
12/04/23
3 Hutton Centre Drive, a 10-story, 200.4k sf office building in Santa Ana, was acquired by an all-cash, high-net-worth investor. The price was not immediately given out. Situated on 2.47 acres within a greater 46-acre master...
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• UCLA Team Wins NAIOP SoCal’s Annual Silver Shovel
11/22/23
Due to its winning presentation “Legacy Ranch,” the five member graduate student team from UCLA took home the silver shovel as the winner of the NAIOP SoCal USC vs. UCLA Real Estate Challenge. This year’s event, held Novemb...
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• Two OC Multifamily Trades Total $7.6 Mil
11/21/23
Here’s an update on two OC multifamily properties totaling 24 units that sold in separate transactions with a combined price of $7.61 mil. In one of the deals, a 16-unit multifamily property located at 1801 and 1809 East Wil...
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• Guardian Litigation Group Leases 15k sf of Office Space in Irvine
11/15/23
Guardian Litigation Group LLP has signed a lease for 15.4k sf of office space at Fitch Technology Center in Irvine. Guardian Litigation Group is an Orange County-based multi-jurisdictional law firm providing estate planning, ...
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• Law Firm Pays $495/sf for Irvine Office Building
11/08/23
A 9.1k sf office building in Irvine sold to a local law firm for $4.5 mil ($495/sf). The one-story building is located at 17631 Fitch, on the northeast corner of Fitch and Cowan. Built in 1980, the property has low-rise feat...
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• Mullen Automotive Leases 121k sf OC Industrial Facility
11/08/23
In a recent OC industrial lease, Mullen Automotive inked a deal for a 121.6k sf facility at 1500 East Walnut Ave, north of the 91 Fwy and west of the 57 Fwy. The Class A industrial building is on 5.41 acres of land in south...
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• Garden Grove Multifamily Property Sells for $287k/Unit
11/07/23
A 10-unit multifamily property in Garden Grove sold for $2.875 mil, or $287.5k/unit. This marks the first time the property was listed for sale in over 60 years. Located at 11821 Stuart Drive, this two-story apartment buildi...
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• MIG Real Estate Pays $30 Mil for 100k sf OC Biz Park
11/07/23
MIG Real Estate has acquired Mission Viejo Business Center, a 100.3k sf industrial business park in Mission Viejo. The price was $30.3 mil, or $302/sf. Mission Viejo Business Center consists of six multi-tenant industrial di...
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• Hanley Investment Group Kicks Off its 13th Year of Movember Fundraising to Support Men's Health
11/06/23
Hanley Investment Group Real Estate Advisors has launched its annual Movember fundraising campaign. This year marks the 13th consecutive year that Hanley Investment Group has joined the global movement to raise awareness and ...
more » 

• Owner/User Pays $363/sf for Industrial Building in Santa Ana
11/02/23
A Santa Ana-based owner/user paid $3.555 mil for a 9.8k sf ($363/sf) industrial warehouse building in Santa Ana. The property is located at 3400 Maywood Ave, north of Warner Ave and east of Harbor Blvd. The buyer, Ben’s Asph...
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• Laguna Beach Apartment Building Sells for $384k/Unit
10/24/23
An eight-unit multifamily community in Laguna Beach was purchased by an Orange County-based private investor for $3.075 mil, representing a sale price of $908 per square foot and $384.4k/unit. The apartment building is locate...
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• Commercial Real Estate Financing Briefs
10/18/23
MARCUS & MILLICHAP CAPITAL CORPORATION - Rick Judge with Marcus & Millichap Capital Corporation arranged $21.8 mil in financing for the purchase of Kaleidoscope Center, a retail shopping mall with office space located at 2774...
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• Two Garden Grove Apartment Properties Generate $3.3 Mil
10/18/23
Two multifamily rental communities located on the same street in Garden Gove traded in recent deals with a combined price of $3.3 mil. The properties, located near the major thoroughfare of Euclid St and Katella Ave, contain ...
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