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• SteelWave and Invesco Real Estate Team Up in Purchase of Former LA Times Facility in Costa Mesa
11/28/17
SteelWave and Invesco Real Estate have acquired the former Los Angeles Times printing facility in Costa Mesa. The purchase consists of a 249k sf printing press warehouse with an attached 112.4k sf office building (the former ...
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• Laurus Corporation Buys OC Medical Office Building
11/22/17
Saddleback Financial Center, a four-story, 73k sf medical office tower in Laguna Hills, was purchased by an affiliate of Laurus Corporation. The price was not immediately given out.
The four-story building, which was renova...
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• OC Investor Exchanges into La Habra Rental Cottage Property
11/15/17
A multifamily property in La Habra consisting of 18 single-family rental cottages was purchased by a local 1031 exchange investor for $5.3 mil ($294k/unit).
The property, located at 141-237 Monte Vista, contains 18 two-bedr...
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• OC Retail Center Traded in $55 Mil Deal
11/14/17
The Triangle, a 204.5k sf coastal dining and entertainment lifestyle center in Costa Mesa, was purchased by a Los Angeles-based family office syndicate in a $55.7 mil ($272/sf) transaction. The center is anchored by an impres...
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• New Anaheim Res Development Lands $136 Mil in Financing
11/13/17
JPI has obtained a $136 mil loan on Jefferson Platinum Triangle, a new 400-unit multifamily property located in Anaheim. The financing, which was originated by Square Mile Capital Management LLC, will repay JPI’s existing co...
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• Shaoulian Properties Breaks Ground on Newport Beach Medical Office Project
11/13/17
Shaoulian Properties has broken ground on Newport Harbor Medical Plaza, a 26.5k sf, Class A medical facility in Newport Beach. The project, located at 330 Old Newport Blvd, was designed by Bundy-Finkel Architects and is being...
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• Prime Development Land in Anaheim’s Platinum Triangle Trades
11/13/17
Pacific Industrial has acquired an 8.5-acre land site in Anaheim for $14.57 mil. The property is located at 2222 East Howell Ave, north of Katella Ave and west of the 57 Fwy.
The site, which lies within the boundaries of Ana...
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• Nutraceutical Company Buys OC Facility in $8.4 Mil Deal
11/07/17
Dongyu OC Properties, a nutraceutical company, purchased a 37.3k sf industrial building in Tustin for $8.39 mil, or about $225/sf. Dongyu OC Properties is relocating from Irvine to this building, located at 14831 Franklin Av...
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• NewMark Merrill Companies Buys 117k sf OC Shopping Center
11/07/17
NewMark Merrill Companies recently completed a retail acquisition in northern Orange County, having purchased Placentia Town Center, a 116.8k sf shopping center located at 110-198 East Yorba Linda Blvd in Placentia. From what...
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• OC Sales Review Includes Eight Recent Office and Industrial Deals
11/06/17
The Orange County office of Lee & Associates recently completed eight office and industrial sales transactions in SoCal, totaling 118.8k sf of space with a combined value of $18.6 mil. The deals include the following:
• Cali...
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• Capital One Arranges $43 Mil Refi on OC Apartment Community
11/03/17
Capital One has arranged a $43.5 mil, Fannie Mae fixed-rate loan to refinance Amberway Apartments, a 272-unit, garden-style community in Anaheim. Constructed in 1983, Amberway Apartments is located at 489 South Chatham Circle...
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• OC Biz Campus Financed with $39 Mil Loan from Wells Fargo Bank
11/03/17
In a recent OC financing deal, Menlo Equities LLC has secured a new $39 mil loan on Towne Centre, a 292.3k sf, three-building, Class A office campus located in Foothill Ranch. The five-year, floating-rate loan was arranged by...
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• Brooke Birtcher Gustafson to Participate in Leadership of Birtcher Development LLC's Next Iteration
11/02/17
Birtcher Development LLC is launching the next iteration of the venerable, OC-based real estate company. Brooke Birtcher Gustafson represents the fifth generation of the family involved with the leadership of the firm. The re...
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• Investor Buys 40 Res Units in Anaheim
10/31/17
The Palms Apartments, a 40-unit multifamily property in Anaheim, was purchased by a local investor for $7.6 mil ($190k/unit). The buyer plans to continue the existing renovation plan to add more value to the property.
The pr...
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• SC Development Refis OC Res Community
10/30/17
SC Development has obtained a $9.5 mil Freddie Mac fixed-rate loan to refinance Midway Meadows, a 92-unit apartment community in OC’s Midway City.
SC Development developed Midway Meadows in 1987 under a 30-year ground lease...
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• OC Medical Office Property Trades Hands
10/25/17
Meridian has purchased The Laguna, a 57.1k sf, medical office building in the OC city of Laguna Hills. Situated on 0.75 acres at 24022 Calle de la Plata, just west of I-5 off El Toro Rd, the building is on the campus of and a...
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• Hines and Oaktree Capital Management Buy OC Office Property
10/24/17
Hines and Oaktree Capital Management LP have teamed up in an OC office buy, acquiring the Pacific Sunwear "PacSun" Global Headquarters, a 181k sf, three-story Class A office building in Anaheim. This transaction is the ninth ...
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• Class A Newport Beach Office Asset Trades Hands
10/23/17
Hines, through its core plus venture with an affiliate of Goldman Sachs & Co. LLC’s Merchant Banking Division, has acquired 4000 MacArthur, a Class A office project consisting of two, ten-story buildings totaling 376.2k sf in...
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• Rexford Industrial Realty Repositions Two SoCal Properties
10/18/17
Rexford Industrial Realty has wrapped up the value-add repositioning and lease-up at two SoCal properties totaling 317k sf of space. The company had previously acquired the assets, located at 3880 W. Valley Blvd in Pomona and...
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• OC Retail Bought for $24.5 Mil by LA Investor
10/17/17
A 105.6k sf shopping center in Fullerton was acquired by SCB Inc, a private investment company, for $24.5 mil, or $232/sf. The property, located at 110 – 130 W. Imperial Hwy, is currently leased to Best Buy, 24 Hour Fitness a...
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