|
• 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...
|
• Skyline Group International Buys 273k sf Irvine Spectrum Asset
8/31/21
Glen Bell Way, a Class A, 273.2k sf office/R&D campus in downtown Orange County’s Irvine Spectrum, was acquired by Skyline Group International, a Taiwan-based multi family investment entity. The price was not given out.
The ...
|
• Construction Completed on New OC Memory Care Facility
8/26/21
C.W. Driver Companies has completed construction of Grace Gardens, a 50.6k sf, two-story memory care facility for Town & Country in Santa Ana that enables the non-profit senior living community to expand its levels of care fo...
|
• Anaheim Apartment Sale Comps at $278k/Unit
8/24/21
A 56-unit apartment property in Anaheim was purchased for $15.6 mil ($278.5k/unit) by a private investor. It was sold by a local private investor
Built in 1973, the property sits on 2.35 acres at 1251 N. Placentia Ave. The t...
|
• Staley Point Capital Buys OC Industrial Asset for $15 Mil
8/19/21
Staley Point Capital paid $15 mil for a 58k sf ($259/sf) industrial property in the north Orange County city of Placentia. Built in 1988, the property is located at 888 W. Crowther Ave, adjacent to the 57 Fwy and north of the...
|
• Irvine Mixed-Use Campus Signs a Life Time Tenant
8/17/21
Life Time has inked a 90k sf, full building lease at Lakeshore, a modern 900k sf Class A mixed-use office and retail campus in Irvine. The deal, at 18007 Von Karman Ave, also includes 24k sf of exclusive outdoor space.
Lif...
|
• Rexford Industrial Realty Spends $115 Mil on Trio of SoCal Properties
8/13/21
Rexford Industrial Realty Inc recently closed on the purchase of three SoCal industrial properties comprised of a 5.8-acre redevelopment site, a 107k sf industrial building and a 22.3-acre industrial outdoor storage site, for...
|
• Stos Partners Buys San Clemente Restaurant Property and Leases It During Escrow to The Alchemists
8/13/21
In a recent OC retail buy, Stos Partners purchased a 4.1k sf retail/restaurant asset in San Clemente in a $1.9 mil ($463/sf) off-market transaction. The property is located at 425 N. El Camino Real, on the west side of I-5 at...
|
• Single-Tenant Michaels Store in South OC Sells for $194/sf
8/12/21
A 25k sf, single-tenant net-leased property occupied by Michaels in South Orange County sold for $4.85 mil ($194/sf). The building, shadow-anchored by Target, is located within the Foothill Ranch Towne Centre in Foothill Ranc...
|
• Alere Property Group Buys 35k sf Irvine Warehouse Property
8/05/21
Alere Property Group has acquired a 35.5k sf, Class A industrial warehouse within the Irvine Spectrum submarket of Irvine. The price was not disclosed.
The divisible building, located at 8710-8750 Research Dr, features 26-fo...
|
Return to the Southern California - Orange County area
