| Garden Grove Industrial Building Fetches $400/sf
A 22k sf industrial building in Garden Grove traded hands at a price of $8.83 mil ($401/sf). The property is located at 13831 Seaboard Circle, west of Harbor Blvd and just south of the 22 Fwy. Built in 1978, the highly functi...
| Whittier Multifamily Property Goes for $285k/Unit
A private investor paid $7.4 mil for a 26-unit ($285k/unit) res property in the city of Whittier. The property, Governor Apartment Homes, is located on seven acres at 8407 Hydro Dr, west of Whittier Blvd and south of Washingt...
| Buchanan Street Partners Pays $28 Mil for South OC Office Property
Buchanan Street Partners paid $28.1 mil for Oakbrook Plaza, a four-story, 120.4k sf ($233/sf) office property in Laguna Hills. The building was sold by a New York City-based fund manager in an off-market transaction.
| Boardwalk Investments Group Lands $245 Mil Refi on Mixed CA Portfolio
Boardwalk Investments Group has secured $245 mil in refi money on a CA portfolio that includes: an iconic Napa Valley hotel property; three Class A coastal Orange County retail centers; a Class A multi-housing community locat...
| Hanley Investment Group Real Estate Advisors Raises $33k for Movember
Hanley Investment Group Real Estate Advisors raised $33,265 for Movember. The company’s theme this year was “Taking Care of Business to Support Men’s Mental and Physical Health,” and represents Hanley Investment Group’s 12th ...
| Newport Beach Res Community Undergoes Extensive Interior and Exterior Renovations
Interior and exterior renovations have been completed at Vercanta Newport Beach Apartments, a 147-unit, two-story, garden style multifamily community located in Newport Beach. The property is located at 1561 Mesa Dr, just so...
| Advanced Real Estate Buys 90-Unit Res Asset in Orange County
Irvine-based Advanced Real Estate has acquired Foxborough Apartments, a 90-unit multifamily complex in the city of Orange, in a $41.5 mil ($461k/unit) transaction. The property, located at 501 E. Katella Ave, was sold by UDR....
| Hanley Investment Group Real Estate Advisors Kicking Off 12th Year of Movember Charity
Hanley Investment Group Real Estate Advisors is “Taking Care of Business” again by kicking off its 12th year of Movember fundraising to raise awareness and funds for prostate cancer, testicular cancer, mental health and suici...
| Investor Pays $392/sf for Mission Viejo Retail Center
Marguerite Plaza, a 25k sf, multi-tenant retail property in Mission Viejo, was acquired by a SoCal-based private investor in a recent $9.8 mil ($392/sf) transaction. The property sits on 2.07 acres at 28892 Marguerite Pkwy, s...
| OC Industrial Trade Has a Price Tag of $61 Mil
In a recent SoCal industrial trade, Ares Management acquired an 8.38-acre industrial land parcel, including three industrial structures totaling 155k sf, in Fullerton. The assets were sold by B & K Investment Company for $61 ...
| Westminster Res Development Completed
Bolsa Row Apartments, a 234k sf, 200-unit residential mixed-use project in Westminster, has been completed. The development will serve as the gateway to the city’s vibrant and culturally significant Little Saigon District, ho...
| OC Multifamily Property Traded Between Private Investors in $18.5 Mil Deal
A 48-unit multifamily community in Costa Mesa was acquired by a 1031 exchange, private investor in a recent $18.5 mil ($385.4k/unit), all cash transaction. The seller of the low-density, garden-style multifamily asset was als...
| Premier Workspaces Takes Over Former Encore Offices Space in Aliso Viejo
Irvine-based Premier Workspaces, was awarded the management assignment of the former Encore Offices space at 120 Vantis Drive in Aliso Viejo. The 23k sf office space features 86 individual private offices, serviced meeting ro...
| Renovation of the VEA Newport Beach Marriott Hotel & Spa has been Completed
Lyon Living and Eagle Four Partners have completed a remodel of the VEA Newport Beach Marriott Hotel & Spa. The renovation work was done by R.D. Olson Construction and included a fully redesigned lobby, entryway, enclosed atr...
| OC Life Sciences Building Gets New Owner in $11 Mil Sale
MP Biomedicals LLC paid $11 mil for a 28.8k sf ($382/sf) life sciences building in the Irvine Spectrum. The building is situated on an approximate 1.5-acre parcel at 6 Thomas, in close proximity to many other life science com...
| Private Investors Trade OC Apartment Property in $6 Mil Deal
A newly renovated 20-unit garden-style multifamily community in Westminster, CA sold for $5.96 mil, or $298k/unit. The property was recently improved with an exterior renovation completed in 2022.
Located at 8361 15th St, th...
| NAIOP SoCal’s Annual Night at the Fights to be Held October 6 in Costa Mesa
NAIOP SoCal will hold its much anticipated industry event of the year, Night at the Fights, on October 6 at the OC Fair & Event Center, Hangar Building in Costa Mesa. More than 1,000 commercial real estate professionals are e...
| Anaheim Hotel Adjacent to Disneyland Sells for $195k/Room
An OC-based real estate syndication group paid $8.6 mil for a 44-key ($195.4k/unit) Days Inn by Wyndham hotel adjacent to Disneyland in Anaheim.
The hotel is located at 1030 W. Ball Rd at the northwest corner of Disneyland D...
| MP Biomedicals LLC Completes $11 Mil Irvine Spectrum Buy
MP Biomedicals LLC acquired a 29.7k sf, industrial R&D-Flex facility in a recent $11 mil ($371/sf) transaction. The property was sold by Alexandria Real Estate Equities.
The property is located at 6 Thomas within Orange Coun...
| BLT Enterprises Closes on $130 Mil of SoCal Industrial and Creative Office Acquisitions
BLT Enterprises recently acquired seven SoCal industrial and creative office properties for a total of $130 mil. Located throughout Los Angeles County, Orange County, and San Diego County, California, the acquisitions total n...