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• Engineering Model Associates Spends $6.5 Mil on North OC Single-Tenant Property
12/28/20
Engineering Model Associates Inc paid $6.5 mil for a 22.3k sf ($291/sf), single-tenant retail building in La Habra. The property, located at 250 N. Harbor Blvd, is NNN-leased on a long-term basis to Harbor Freight Tools, a na...
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• Investors Trade 17-Unit Res Asset in Laguna Beach
12/18/20
Twin Palms, a 17-unit apartment property in Laguna Beach, has traded for $9.8 mil, or $576.5k/unit. The property was purchased by a Long Beach-based private investor.
Built in 1956, the two-building trophy property is locate...
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• Parkview Financial Provides $80 Mil Loan for Construction of Newport Beach Luxury Condo Project
12/14/20
One Newport Development LLC is slated to start vertical construction in early 2021 on Uptown Newport, a residential project consisting of 66 for-sale luxury condominiums in Newport Beach, thanks to an $80 mil construction loa...
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• Advanced Real Estate Services Pays $265k per Unit for Santa Ana Res Community
12/11/20
Advanced Real Estate Services purchased Solare Apartments, a 240-unit multifamily asset in Santa Ana, for $63.75 mil, which works out to $265.6k per unit. The property, located at 2111 W 17th St, was sold by a private investo...
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• Huntington Beach Retail Center Sells for Over $800/sf
12/01/20
Village Plaza at Huntington Harbour, a 20.3k sf, multi-tenant retail center with over 270 feet of prime Pacific Coast Hwy frontage in Huntington Beach, was acquired by an L.A.-based private partnership. According to an indust...
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• OC Starbucks Sells for Over $2,000/sf
11/23/20
A 3k sf, single-tenant retail building NNN-leased to Starbucks in Fullerton traded for $6.2 mil, or $2066/sf. We’re told the buyer is a private, high-net-worth buyer based in Los Angeles.
Constructed in 2020, the property ha...
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• Local Investors Trade 32-Unit Res Property in Orange for $11.5 Mil
11/23/20
Batavia Gardens, a 32-unit multifamily community in the city of Orange, was purchased for $11.5 mil ($359.4k/unit) by a local 1031-exchange investor. The seller was also a local investor.
The multifamily property sits on 1.8...
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• Work Moving Forward on Largest Adaptive Office Re-Use Project in Orange County
11/18/20
Base build for Phase I of The Press in Costa Mesa has been completed. Once a thriving newsroom, printing press and distribution facility for the LA Times, dating back to the 1960’s, the property has been reimagined as a state...
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• OC Last Mile Distribution Facility Trades
11/16/20
A newly developed, last mile transloading eCommerce distribution facility situated on 11 acres in La Habra was acquired by an unnamed institutional investor. The property is 100% leased to a national credit tenant.
Located a...
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• New 88k sf Athletics Center Completed at Orange Coast College
11/13/20
The new Kinesiology and Aquatics Pavilion at Orange Coast College (OCC) in Costa Mesa has been completed. The 88k sf athletics center features expanded and modernized space for a variety of OCC programs, including physical ed...
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• Eagle Four Partners and Lyon Living Buy Newport Beach Marriott Hotel & Spa
11/10/20
Newport Beach-based Eagle Four Partners and Lyon Living have teamed up in the purchase of Newport Beach Marriott Hotel & Spa, a 532-key hotel in Newport Beach. The resort was sold by Host Hotels & Resorts for approximately $2...
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• Creative Office Asset in Irvine Gets New Owner
11/09/20
Airport Professional Center, a 39.9k sf creative office campus in Irvine, was acquired by a private investor. The two-building property, 65% leased at time of sale, was sold by KP Airport Professional Center LLC.
Airport Pro...
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• Inari Medical Inc Leases 120k sf of Irvine Space
10/29/20
Inari Medical Inc signed a lease for 120.6k sf of space in Irvine. The firm, a commercial-stage medical device company focused on developing products to treat and transform the lives of patients suffering from venous diseases...
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• Orange County Industrial Sales Comp Comes in at $215/sf
10/28/20
In a recent industrial sales comp out of Orange County, a 24.6k sf industrial building in Placentia sold for $5.28 mil ($215/sf). The property is located at 625 S. Fee Ana St, north of the 91 Fwy and just east of Richfield Rd...
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• Acquisition of Two SoCal Properties Financed with $28.3 Mil Loan
10/20/20
An unnamed, high-net-worth investor has obtained $28.3 mil in financing for the purchase of two SoCal properties, one a medical office building in Tustin, and the other an industrial property in San Diego. The assets had a co...
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• Healthcare Realty Trust Wraps Up $14 Mil MOB Buy in Orange County
10/15/20
Healthcare Realty Trust has purchased Trico Sycamore Plaza, a 22.6k sf, multi-tenant medical office building in the city of Orange, for $14 mil ($619/sf) in an off-market deal. The seller was Trico Sycamore Plaza L.P., the or...
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• KDF Communities Acquires Seniors Multifamily Property in Huntington Beach for $49 Mil
10/08/20
KDF Communities has purchased Five Points Senior Apartments, a 166-unit multifamily community in Huntington Beach, for $49 mil, or $295k/unit. The property was sold by a private seller who originally developed the project in ...
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• The Source H20 is a New, 70k sf Office Community Just Completed in Irvine
10/07/20
Construction has been completed at The Source H20, a new, 70k sf modern office community in Irvine. The project, developed by Irvine Ranch Water District, fronts on Odyssey and is situated at the intersection of Waterworks Wa...
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• Four Restaurants Take Space at South OC Community Shopping Center
10/05/20
Four restaurants have inked new leases at The Center at Rancho Niguel, a 360k sf, community shopping center located at Crown Valley Pkwy and Greenfield Dr in Laguna Niguel. The restaurants are Calo Kitchen + Tequila, Snooze E...
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• Mission Viejo Land Purchased for 60-Unit Res Development
9/28/20
A 4.11-acre site in Mission Viejo was acquired in a $9.94 mil deal for a planned residential development. The site, located at 28719 Los Alisos Blvd, offers 2.75 buildable acres that can be used for the new project, City Lane...
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