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HFF Arranges $19 Mil for Recent Acquisition of Anaheim Mixed-Use Property 2/21/17 HFF has arranged $19 mil in acquisition financing for the purchase of two buildings totaling 130.2k sf at Pacific Center, a four-building, 143k sf mixed-use property in Anaheim that was just acquired by a venture between Hine...
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Wells Fargo Office Tower in Santa Ana to Be Transformed into a Live/Work/Play Urban Village 2/17/17 Professional Real Estate Services (PRES) has announced plans to redevelop the existing Wells Fargo office tower property at 2700 Main Street in Santa Ana into a sustainable live-work-play environment whose centerpiece will be...
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Savills Studley Buys Cresa Orange County 2/14/17 Savills Studley has acquired Cresa Orange County, a move that enables Savills Studley to increase its presence in the region and expand its platform across North America.
Savills Studley has had an office in Orange County s...
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Small Office Condos in Newport Beach Being Offered for Sale 2/14/17 The Jetty, a creative office campus overlooking the Newport Beach Golf Course that was recently repositioned into office condominiums ranging from 1k sf to 10k sf, has been put on the market.
Formerly Workscapes, The Jetty ...
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Hines and Oaktree Capital Management Acquire Pacific Center Mixed-Use Property in Anaheim 2/10/17 A venture between Hines and Oaktree Capital Management has acquired Pacific Center, a four-building, mixed-use campus totaling 143k sf on 15.5 acres in Anaheim. The deal value was not disclosed.
Pacific Center, completed bet...
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Shopoff Realty Investments and Argosy Real Estate Partners Pick Up Anaheim Property for Res Redevelopment Project 2/10/17 Shopoff Realty Investments, in a venture with an Argosy Real Estate Partners-managed fund, have acquired a 20.5-acre property in Anaheim for redevelopment to residential use. This is the third land development opportunity tha...
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BKM Capital Partners Launches Second Industrial Fund 2/06/17 BKM Capital Partners has launched its second institutional fund, BKM Industrial Value Fund II, L.P., which will target $300 mil in equity commitments, delivering $850 mil in buying power. The firm is an institutional fund man...
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S&A Management LLC Buys Industrial Asset in Anaheim 2/01/17 Costa Mesa-based S&A Management LLC has purchased an industrial property in Anaheim from Taylor-Dunn, a leading manufacturer of commercial and industrial vehicles. Situated on a seven-acre industrial site within the North Ora...
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Zephyr Starts Work on 168-Unit Res Project in Dana Point 1/30/17 San Diego-based Zephyr has broken ground on South Cove, a condominium community featuring 168 luxury residences at Del Obispo and Pacific Coast Highway in the heart of Dana Point, directly across the street from Doheny State ...
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Kelemen Caamano Investments Spends $27 Mil on Four OC Office Properties 1/27/17 Four multi-tenant, low-rise office buildings in Irvine traded hands in a recent $27 mil transaction. The buildings, located at the corner of Jamboree Blvd and MacArthur Blvd, were acquired by Kelemen Caamano Investments as pa...
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Lew Horne Appointed President of CBRE Group’s Newly Formed SoCal-Hawaii Division 1/26/17 Lewis C. Horne has been appointed president of CBRE Group Inc’s newly formed Southern California-Hawaii Division. In this expanded role, Horne will now have executive oversight for the San Diego and Hawaii markets, in additio...
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Community Preservation Partners Buys 280-Unit Restricted-Rent Asset in Cathedral City 1/23/17 OC-based Community Preservation Partners (CPP) acquired Mountain View Senior Apartments, a 280-unit, rent-restricted apartment complex in Cathedral City. The price was not disclosed.
Built in the early 1980s, the property i...
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Private Investor Collects Over $14 Mil from Sale of Four OC Multifamily Properties 1/23/17 A four-property, 43-unit multifamily portfolio in Orange County has sold for $14.2 mil, or $330k/unit. The investment properties – one in Costa Mesa and three in Huntington Beach – were listed by a single private investor sel...
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OC Retail Property Trades in $4.6 Mil Deal 1/20/17 Lakeside Plaza, a 36.5k sf, neighborhood retail center in Anaheim, sold for $4.6 mil ($126/sf). The center sits on a 115k sf site at 3440-3492 East Orangethorpe Ave, north of the 91 Fwy at Lakeview Ave.
The center is a singl...
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OC Industrial Building Trades for $133/sf 1/19/17 Euroline Steel Windows & Doors has purchased an 84.4k sf industrial building in Yorba Linda for $11.2 mil, or $133/sf. The building is located at 22600 Savi Ranch Pkwy, east of Yorba Linda Blvd and north of Hwy 91.
Based in ...
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Office Property in Foothill Ranch Trades for $40 Mil 1/19/17 Pinnacle Asset Management Group LLC, a private investor, has purchased a 203.7k sf office building in Foothill Ranch for $40 mil, or around $195/sf.
The property is located at 26632-26642-26672 Towne Centre Dr, just off the ...
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Shopoff Realty Investments Buys In Newport Beach 1/17/17 Shopoff Realty Investments has acquired a three-story, 44.4k sf office building located at 4440 Von Karman Ave, between MacArthur Blvd and Jamboree Rd in Newport Beach, for $15.4 mil ($347/sf). The property was purchased with...
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Community Preservation Partners Purchases 179-Unit Senior Housing Property in Anaheim 1/16/17 Community Preservation Partners (CPP) has acquired the Miracle Terrace Apartments, a 179-unit, seniors affordable housing property in Anaheim, in a $53.5 mil joint venture with nonprofit Jamboree Housing.
CPP purchased the 4...
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Huntington Beach Multifamily Sale Comes in at $327k/Unit 1/13/17 In a recent multifamily sales comp from Huntington Beach, an unnamed investor paid $9.8 mil for the Stark & Aldrich Apartments, a two-property portfolio totaling 30 units ($327k/unit). The deal came in at an in-place cap rat...
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OC Office Campus Trades Hands in $36 Mil Deal 1/10/17 Stillwater Investment Group, in a joint venture partnership with CrossHarbor Capital Partners, purchased a three-building office campus in Aliso Viejo. Located at 26600, 26650, and 26700 Aliso Viejo Pkwy, the 161k sf property...
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