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• MP Biomedicals LLC Completes $11 Mil Irvine Spectrum Buy
9/21/22
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...
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• BLT Enterprises Closes on $130 Mil of SoCal Industrial and Creative Office Acquisitions
9/16/22
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...
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• Chicago Title Launches New Nationwide Hospitality Group
9/13/22
Chicago Title National Commercial Services California has launched a new nationwide Chicago Title Hospitality Group led by hotel industry veteran Steven L. Senft as Vice President, National Sales. Senft will be based in Chica...
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• Brooklyn Companies Spends $14 Mil on OC Office Property
9/07/22
Brooklyn Companies acquired the Concorde Career College building, a two-story, 45.5k sf office property and the rights to 4.19 acres of land in Garden Grove, for $14 mil. The property was sold by Pacific Development Partners ...
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• Cohen Asset Management Buys 46k sf Irvine Building
9/06/22
Cohen Asset Management purchased a 46k sf, Class A modern industrial distribution building Irvine. The highly sought after and irreplaceably located property is situated along the I-5 Fwy at 9701 Research Drive, near the Irvi...
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• Building Block Foundation Fund Brings White Party Back!
8/26/22
Building Block Foundation Fund will hold its popular White Party industry celebration on September 15 at the Noguchi sculpture garden in Costa Mesa. Event proceeds from sponsorship and ticket sales raise funds for vital local...
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• CBRE Investment Management Picks Up Four-Building Medical Office Portfolio in South OC
8/24/22
CBRE Investment Management, on behalf of a fund it manages, has acquired a four-building medical office portfolio totaling 282.7k sf in the South OC city of Mission Viejo through a joint venture with Healthcare Realty Trust. ...
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• OC Office Market Occupancy Rate Saw an Uptick in the 2nd Qtr 2022
8/22/22
This update provided by real estate services firm NAI Capital
Orange County’s office market gained occupancy as companies persisted in bringing their people back into the office post pandemic. The vacancy rate inched downwar...
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• Panattoni Development Company and Link Logistics Real Estate Ink Prelease Deal for New OC Industrial Facility
8/17/22
A brand new, 219.8k sf, Class A industrial/logistics project nearing completion in Tustin has been fully preleased to an undisclosed tenant. The freestanding single-tenant building, located at 14451 Myford Rd, is owned and be...
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• Eberhard Equipment Spend $8.6 Mil on OC Industrial Facility
8/12/22
Eberhard Equipment picked up a 9.8k sf industrial facility in Santa Ana for $8.6 mil, or $879/sf. The building, located at 2506 S Harbor Blvd within Orange County’s Central industrial submarket, was sold by a trust.
Built in...
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• Guthrie Development Spends $4.3 Mil on OC Industrial Property
8/09/22
Guthrie Development Company has acquired a 13.3k sf, multi-tenant industrial building in Fountain Valley for $4.3 mil ($323/sf). The property is located at 17330 Newhope St, west of Harbor Blvd and south of Warner Ave.
The p...
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• OC Flex Office Facility Sells in $91 Mil Deal
8/04/22
A 120k sf, single-tenant flex office building in the Tustin sold for $91 mil ($758/sf). The facility sits on just under six acres at 1382 Bell.
1382 Bell offers two stories of Class A, flex office space with generous window ...
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• Class B Office Building in Santa Ana Trades for $11.8 Mil
7/14/22
A 10-story, 107.2k sf office building in Santa Ana sold for $11.8 mil ($110/sf). The Broadway Building, located at 1600 N Broadway, is a Class B office building, built in 1970 and renovated in 2007.
In 2007, the structure u...
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• Anaheim Apartment Building Trades for $354/Unit
7/14/22
A newly renovated, 16-unit garden-style multifamily community in Anaheim sold for $5.67 mil, or $354.4k/unit. Located at 2070 S Mountainview Ave, the complex is situated on nearly half an acre and consists of a single two-sto...
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• OC Creative Office Campus Trades in $235 Mil Deal
6/30/22
In a major OC office buy, MetLife Investment Management and PGGM acquired Intersect, a four-building, 454k sf creative office campus in Irvine, for $235.25 mil ($518/sf). The property was sold by Hines. The purchase was finan...
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• World Premier Investments Group Buys 220k sf OC Retail Center
6/24/22
A group led by World Premier Investments has acquired Fullerton Town Center, a 219.9k sf, grocery-anchored neighborhood retail center located at the intersection of Harbor Blvd and Orangethorpe Ave in the Central Orange Count...
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• Dunleer Spends $13 Mil on Two SoCal Industrial Storage Properties
6/20/22
Dunleer has acquired two Industrial Outdoor Storage properties in deals totaling approximately $13 mil. The properties are located at 4404 W 1st Street in Santa Ana and 10027 Artesia Boulevard in Bellflower.
According to BJ ...
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• Rexford Industrial Acquires Fullerton Hotel Asset for Industrial Redevelopment
6/15/22
Rexford Industrial acquired the seven-acre Hotel Fullerton property in Orange County for $45 mil. The property, located at 1500 S Raymond Ave, was sold by Huoyen International Inc.
Rexford Industrial will be demolishing the...
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• Rockwood Capital Affiliate Picks Up 250-Unit Res Community in Costa Mesa
6/01/22
An affiliate of Rockwood Capital LLC has acquired 580 Anton, a five-story, 250-unit luxury apartment community in Costa Mesa. The property was sold by Legacy Partners. A price was immediately disclosed.
580 Anton features a ...
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• Join RENTV and REJournals on July 26 for our 2022 Orange County State of the Market Conference
5/25/22
This in-person event will feature high-powered panels of top local executives and dealmakers discussing the Office, Retail, Industrial, Multifamily and Finance markets throughout the OC.
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