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• 2019 Senior Rental Housing Community in Westminster Trades for $71 Mil
8/21/19
HW Senior Living Apartments, a 310-unit independent living community in Westminster, CA, traded hands in a recent $71 mil ($229k/unit) transaction. The asset, located at 13920 Hoover St, was purchased by an experienced senior...
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• OC Jack in the Box Trades for Record $1,374/sf
8/15/19
A 2.8k sf, single-tenant retail property fully occupied by Jack in the Box in Mission Viejo has sold for $3.79 mil, which works out to $1,374/sf, the highest price per square foot for a Jack in the Box-occupied asset in South...
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• Two Apartment Buildings in Laguna Beach Fetch $6.6 Mil
8/13/19
Two apartment buildings in Laguna Beach were purchased by separate investors in deals totaling $6.62 mil. The properties have a combined 13 units.
The first property, located on a corner lot at 460 Cypress Dr, features nine ...
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• Drawbridge Realty Spends $97 Mil on OC Office Campus
8/12/19
Drawbridge Realty has purchased Pacific Center, a 390.6k sf, two-building corporate office campus in Santa Ana, for $97.5 mil ($250/sf).
Located at 1600-1610 East Saint Andrew Place, west of the 55 Fwy and south of Edinger A...
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• Freestanding Retail Building in Anaheim Goes for S127/sf
8/09/19
A 15k sf, freestanding retail building in Anaheim was purchased by a private investor for $1.9 mil, or $127/sf.
Built in 1961, the property sits on a 27.9k sf lot at 1672 W Lincoln Ave, within the North Orange County submark...
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• Landmark Capital Advisors Recapitalized and Rebranded as Landmark Real Estate
8/08/19
Newport Beach-based Landmark Real Estate has recapitalized and rebranded the company, formerly known as Landmark Capital Advisors. The recapitalization includes a majority investment from Kraemer Land Company, a multi-generat...
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• Optima Tax Relief Signs Renewal/Extension Lease in Santa Ana
7/26/19
Optima Tax Relief has agreed to a long-term lease renewal and expansion at Elevate@Harbor, an eight-acre office campus in the South Coast Metro submarket of Santa Ana. Optima, a tenant since 2012, will take an additional 2k s...
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• Los Angeles and Orange County Rank as Two of the Top Markets for U.S. Net-Lease Investment in 2018
7/24/19
This report was provided by global real estate services firm CBRE
Los Angeles ranked 4th and Orange County ranked 13th among the top 20 markets in U.S. net-lease investment in 2018, according to a recent report from CBRE. I...
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• SoCal Industrial Complex Trades in $128 Mil Transaction
7/22/19
Alere, a pension fund advisor, purchased Los Alamitos Corporate Center, a 686.6k sf industrial complex in Los Alamitos, from Northwestern Mutual for $128.5 mil.
Located at 4332-4478 Cerritos Ave, 10541-10681 Calle Lee and 4...
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• Buyer Spends $5.5 Mil on Los Alamitos Medical Office Building
7/22/19
A 7.3k sf medical office building in Los Alamitos sold for $5.5 mil, or $759/sf. The three-story, medical office building is located at 10921 Cherry St, across the street from Los Alamitos Medical Center in a prime area for h...
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• Multi-Tenant Retail Building in Huntington Beach Goes for Near $500/sf
7/19/19
An 8.6k sf, multi-tenant retail building shadow-anchored by Sprouts Farmers Market in Huntington Beach sold for $4.1 mil, or $477/sf. The deal came in at a cap rate of 4.94%.
Located at 6946-6968 Warner Ave, at the signalize...
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• OC Office Campus Refinanced with $56 Mil Loan
7/18/19
HERE, a five-building, 224k sf office campus in Laguna Hills, has been refinanced with a new $55.9 mil loan that was arranged by CBRE and funded through ARES. The multi-tenant complex, located at 23332, 23382 and 23422 Mill C...
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• Onni Group Buys Ocean Plaza in Huntington Beach for $97 Mil
7/16/19
Onni Group, out of Vancouver, Canada, has acquired Ocean Plaza, an 8.6-acre mixed-use office and retail complex in Huntington Beach, for $97.25 mil. It was sold by Decron Properties.
Located at 17011 Beach Blvd, the property...
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• Lake Forest Industrial Building Trades in $9.4 Mil Deal
7/09/19
A 33.8k sf industrial building in Lake Forest sold for $9.4 mil, or $278/sf. Built in 1997, the property is located at 25871 Atlantic Ocean Dr, west of the 241 Toll Road off Bake Pkwy.
The concrete tilt-up structure sits on ...
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• Pacific Athletic Wear Expands into Larger OC Facility
7/05/19
Pacific Athletic Wear recently inked an 84-month lease for a 76.1k sf industrial building in Garden Gove. The transaction has a total value of $3.2 mil, which works out to an average rate of around $0.50/sf/mo.
The facility ...
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• Placentia Multifamily Community Goes for $258k/Unit
7/03/19
A 12-unit multifamily community in Placentia sold for $2.9 mil, or about $258k per unit. Located at 911 Cypress Ave, the 9.2k sf property consists of 12 single-story cottages on a lot just under one-acre in size.
Each unit ...
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• Prologis Acquires 265k sf Industrial Asset in Westminster
7/02/19
Prologis has acquired a 10-building, 264.8k sf industrial park in Westminster. The 12-acre property was sold by CMSS Ventures LP.
Developed in the mid to late 1970s, the campus is located at 7100, 7105, 7101-7115, 7125; 713...
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• Rakuten Super Logistics Leases 60k sf in Anaheim
7/01/19
Rakuten Super Logistics (RSL) signed a five-year lease for a 60.8k sf industrial building in Anaheim. The building, located at 1365 S. Van Buren St, is part of a newly completed, Class A industrial development, Orange County ...
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• Commercial Real Estate Financing Briefs
6/21/19
NORTHMARQ CAPITAL - Michael T. Elmore with NorthMarq Capital secured $56 mil in refi money on Highland Pinetree Apartments, a 320-unit multifamily property located at 1501 South Highland Ave in Fullerton. The property is oper...
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• Exchange Investor Buys and Sells Res Properties in Costa Mesa
6/12/19
Two apartment buildings with a combined 11 units in Costa Mesa have sold for a total of $4.9 mil. The transactions were both part of a single investor’s 1031 exchange, one being the sale and the other the purchase side. Dan B...
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