Orange County Business Journal

REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

Bixby Invests Nearly $100M in Office, Industrial Buys

REAL ESTATE: Deals in SD, Inland Empire, Central ValleyThe purchase of four offices in San Diego has capped off nearly $100 million in buys and investments in California properties for Irvine-based Bixby Land Co. over the past quarter.

By Mark Mueller October 6, 2014 midnight   $$ Share
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Four OC Schools in Great Park Solar Project

Two universities and two community colleges in Orange County are working together on next year’s entry for the Solar Decathlon at the Orange County Great Park in Irvine.

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Allergan Laying Off 40 in Carlsbad

Irvine-based drug maker Allergan Inc. filed papers with state officials saying it will lay off 40 workers in Carlsbad, effective Nov. 28, according to a Worker Adjustment and Retraining Notification notice filed with the state Employment Development Department.

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Sabra Spends $59.1M for Properties

Sabra Healthcare REIT Inc., which is based in Irvine, said today that it bought eight properties in three states for $59.1 million.

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NB Council to Vote on Airport Deal

The Newport Beach City Council is set tonight to vote on a new amendment to an agreement that governs operations at John Wayne Airport.

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Island Hotel Opens Foodie Space

The Island Hotel Newport Beach plans to open Market Place, its retail craft food and drink offering inside the hotel, this week.

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Freedom Communications Lists Santa Ana Land for Sale

The owners of the Orange County Register have relisted for sale 14.3 acres of land that surrounds the company’s headquarters in Santa Ana.

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MemorialCare Takes Full Ownership of Imaging Centers

Fountain Valley-based MemorialCare Health System said today that its MemorialCare Medical Foundation is now the sole owner of eight imaging centers located in Orange County and Long Beach.

Home Appliance Brand Gets Creative in Costa Mesa

REAL ESTATE: Moves U.S. HQ From Huntington Beach

The creative-office design trend is making its way to the glitzy buildings next to South Coast Plaza.

CoreLogic’s Patent Play

Tabaddor Took Reins of IP, Turned Department Into Profit Center

Moving from defense to offense has paid dividends for the intellectual property legal team at Irvine-based CoreLogic Inc.

Irvine Cove, Emerald Bay Warm Up Coastal Market

Slow Streak Over as 2 Sales Top $10 Million

The communities of Emerald Bay and Irvine Cove in Laguna Beach capture the character and charm of the California Riviera and command some of the highest sale prices for homes in Orange County.

Manufacturing and Warehouse Vacancies Remain Tight in Q2

The vacancy rate in the manufacturing and warehouse sector has been on a downward trend over the past 12 months, decreasing from 2.5% in the first quarter to 2.4% at the end of the second.

Flooring Distributor Inks 1st Anaheim Concourse Lease

Longust to Move From Nearby, Takes 93,818 SF

Longust Distributing Inc., a wholesale flooring supplier that’s had an Anaheim location since 2001, is the first company to announce a lease at the new batch of industrial buildings being constructed at Panattoni Development Co.’s massive Anaheim Concourse project.

Real Estate Deals

Sales and leases of offices, industrial buildings, retail space and apartments

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Irvine Commercial RE Lender in Sale to Walker & Dunlop

Johnson Capital, an Irvine-based commercial property mortgage lender, has sold its loan origination and servicing platform to Walker & Dunlop Inc., a commercial real estate financial services company in Bethesda, Md.