Orange County Business Journal

REAL ESTATE

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

Price of Chinese Developer’s Platinum Plan: $450M

1.7 Million SF Near Angel Stadium Would Include Luxe Hotel, Condo Tower, Surf ParkA Chinese developer has proposed a mixed-use project next to Angel Stadium that could rival L.A. Live in downtown Los Angeles in terms of scope and variety of uses.

By Mark Mueller March 16, 2015 midnight   $$ Share

Will Times Lien in on Register? Picture This on Pimco

The $4.2 million lien slapped on Freedom Communications and its flagship Register seems to carry extra significance since it came at the request of the L.A. Times, which has a claim pending on bills for past work distributing the OC daily.

Environmental Firms’ Work Rose 8% Last Year

Grow on Economy, Buys, Expanding Services, Goats

The largest environmental consultants with offices in Orange County billed $602 million in 2014, an 8% jump over last year’s $556 million.

First American Gets NY Title Company

Santa Ana-based First American Financial Corp. said its title subsidiary bought TitleVest Holdings Group LLC in New York City on undisclosed terms.

Tight R&D Market Fuels Off-Market, Non-OC Deals

The research and development market in Orange County had 70,240 square feet of negative absorption in the fourth quarter, but it remained tight with a vacancy rate of 3%.

Law Firm Makes Short Trip to New HQ at 1900 Main

Palmieri, Tyler to Move From Century Centre

Palmieri, Tyler, Wiener, Wilhelm & Waldron LLP is the latest local law firm that’s figuring out how to use less space for its operations.

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Times Gets $4.2M Lien on Register

The Los Angeles Times has been granted a $4.2 million “writ of attachment” against the Orange County Register in Superior Court, according to a news report.

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Self-Storage REITS in $145M Deal

Two real estate investment trusts affiliated with Ladera Ranch-based SmartStop Self Storage have bought 27 self-storage facilities and agreed to acquire five others for a total of $145 million from Long Beach-based DSI Properties Inc.

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First American Buys NY Title Co.

Santa Ana-based First American Financial Corp. said that its title subsidiary bought TitleVest Holdings Group LLC in New York City on undisclosed terms.

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Manhattan’s MetLife Building in Irvine Company Portfolio

Donald Bren’s Irvine Company owns 97% of the 58-story MetLife building in Manhattan, one of New York City’s best-known skyscrapers, accord to a Bloomberg report.

Country Club Teed Up for Sale?

127 Acres Along 55 Freeway Could Fetch Up to $250M

A handful of real estate developers have teed up big-dollar bids to gauge members’ interest in selling the Santa Ana Country Club.

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Auction.com Buys Software Company

Auction.com LLC, an Irvine-based online real estate auction company, has acquired Channel LLC in Newport Beach on undisclosed terms.

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How Henry Did It

Local Infrastructure, Global Vision Behind OC Legend

Henry Segerstrom was renowned, of course, as creator of South Coast Plaza and a patron of art and music.

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Dog Sleds to Dior: Slice of Legend’s Life

It Took an Impresario to Get Global Traction in Costa Mesa

Add one more entry next to Henry Segerstrom’s name in the history books: retail impresario who saw Tiffany jewels where lima beans once grew.

Apartments Draw Premium in IBC

REAL ESTATE: $112 million would be highest price since 2013

A spate of apartment development going up on Jamboree Road in Irvine doesn’t appear to be scaring off investors looking for existing complexes in the same area.