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September 21, 2023
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ORANGE COUNTY HEADLINES
Orange County Industrial Market Stabilizing
9/21/23
Kidder Mathews provides 3rd quarter update on the region

TruAmerica Multifamily Buys OC Multifamily Community in $103 Mil Deal
9/19/23
Purchase is of 264-unit Nineteen01 in Santa Ana



Terreno Realty Corporation Picks Up Santa Ana Site for Redevelopment
9/19/23
Three office structures to be replaced with a modern industrial project

Aseem Tandon, Kamlesh Patel and Johnny Quan Join Cushman & Wakefield in Orange County
9/14/23
Trio specialize in hospitality properties throughout SoCal



Gelt Venture Partners Buys 125-Unit OC Res Community for $63 Mil
9/12/23
Firm pays just over $500k/unit Union Place

Advanced Real Estate Spends $96 Mil on Huntington Beach Res Community
9/11/23
Firm plans to invest an additional $7 mil on improvements at 264-unit complex, formerly known as Citron House

OC Office Campus Trades in $76 Mil Deal
9/07/23
405k sf Fullerton asset is fully leased to Raytheon

Artisan Ventures and an affiliate of Walton Street Capital Pick Up 160k sf SoCal Portfolio
9/06/23
Purchase consists of light industrial properties in Santa Fe Springs and Brea

CRE Industry Turns Out for Building Block Foundation Fund Charity Event at Newport Dunes
8/31/23
Annual event raised $140,000 for designated charities

Electric Vehicle Firm Leases 165k sf Garden Grove Facility
8/29/23
Harbinger Motors Inc signs deal at recently renovated property

Three CRE Industry Bouts Announced for NAIOP SoCalís Night at the Fights
8/23/23
Popular industry event is set for September 21 in Costa Mesa

Work Started on New Worship Space at Christ Cathedral in Garden Grove
8/17/23
$14.5 mil St. Callistus Chapel and Crypts being built by Driver SPG

MIG Real Estate Closes $61 Mil Res Buy in Orange County
8/17/23
Firm purchases 138-unit Newport Palms in Costa Mesa

KTI Hydraulics Inc Buys OC Hi-Tech Facility in $26.5 Mil Deal
8/11/23
71k sf Tustin property sold by Stos Partners

OC Four-Plex Goes for Nearly $400k/Unit
8/11/23
Property had recently undergone extensive renovations

DMI Real Estate Collects $25.5 Mil from Sales of Two OC Shopping Centers
8/09/23
La Palma and La Habra assets were acquired by separate buyers

Costa Mesa Mixed-Use Investment Trades for $3.2 Mil
8/08/23
Local investor picks res/retail asset

Sunstone Development Acquires Disneyland Adjacent Hotel
8/03/23
24-key property is second part of land assemblage buy for the company

OC Superior Grocers Property Sells for $200/sf
8/02/23
34k sf Buena Park single-tenant asset closes at 4.92% cap rate

Work Started on Retail Center in OCís Little Saigon District
7/27/23
R.D. Olson Construction is the builder for 26k sf Bolsa Row Terrace in Westminster

Investor Exchanges into 37k sf Laguna Hills Industrial Asset
7/24/23
Buyer pays $14 mil for three-building Acalde Business Center

Building Block Foundation Fund Announces White Party 2023 to be Held August 23 at Newport Dunes
7/21/23
Last yearís event raised $150k for its charity partners

IDS Real Estate Pays $126 Mil for 432k sf Industrial Project in the San Gabriel Valley
7/20/23
Azusa Industrial Center was fully leased at time of sale

Rexford Industrial Realty Buys 76k sf OC Industrial Property
7/20/23
Cypress facility sold by Penwood Real Estate Investment Management entity

OC Medical Office Building Trades for $600/sf
7/20/23
Deal is for 3.6k sf Harbor Medical Clinic in Costa Mesa

OC Apartment Trade Comps at $354k/Unit
7/19/23
Deal is for 12-unit property in Anaheim

Wood Investments Companies Spends $7 Mil at 99 Cents Only Store in San Clemente
7/18/23
Firm buys 25k sf retail property at Pico Plaza shopping center

Trio of OC Apartment Trades Total Nearly $5.5 Mil
7/17/23
Deals were all for four-plexes



 
 


 


 
 





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