REAL ESTATE

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

Costa Mesa’s Plaza Tower Gets Flurry of Leasing

REAL ESTATE: IBM renewal among largest deals this yearPlaza Tower, one of Costa Mesa’s best-known and swankiest offices, has experienced nearly 100,000 square feet of leasing activity from a variety of tenants over the past few weeks.

OC First On Galaxy’s Edge

Walt Disney Co. said Star Wars: Galaxy’s Edge will open at Disneyland Resort in summer 2019; the Walt Disney World iteration will follow in late fall.

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St Joe’s Walker to City of Hope

Annette Walker has been named president of City of Hope, Orange County, in charge of developing the cancer center planned for the Great Park Neighborhoods in Irvine.

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Rich Uncles Affiliate Gets CFO

A new student housing REIT backed by the Rich Uncles investment group named Raymond Pacini chief financial officer.

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Irvine Architectural Firm Bought

Gkkworks, an Irvine-based architectural firm with 100 employees, has been bought by CannonDesign.

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Disney Growth Plans Extend to Industrial Sites

REAL ESTATE: Largest Q1 lease for Cerritos Ave. building

Walt Disney Co. recently signed a lease for an industrial building in Anaheim, the latest notable real estate move of Orange County’s largest employer and the biggest industrial lease in OC so far this year by square footage.

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State Fines Oil Driller $12.6M

State regulators fined Greka Oil & Gas $12.6 million for safety violations related to the Richfield oil fields northeast of Anaheim.

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Ten-X Unit Adds COO

Auction.com named Min Alexander chief operations officer, replacing Javid Jaberi, who the company said is retiring.

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Simon Will Re-Do Brea Mall Sears

Indianapolis-based Simon Property Group Inc. plans to redevelop the vacant Sears store at Brea Mall.

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FivePoint Plots More Affordable Offerings in Irvine

REAL ESTATE: Market rate condos would start at 654 SF

FivePoint Communities Inc., the real estate firm overseeing development of the former El Toro Marine base in Irvine, has disclosed plans to build some of the city’s smallest and likely most affordable homes in years.

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Sanitation District Expands Fountain Valley Holdings

2-Story Office Next To Site It Has for New HQ

The Orange County Sanitation District has completed the purchase of an office building in Fountain Valley that it intends to use for expanding operations.

OC Architectural Marvels Include Unique Homes

Glass Walls, Bridges Make Appearances

Retractable ceilings that take the concept of high ceilings to limitless heights.

Radisson Blu Planned for Anaheim

A 12-story, 326-room Radisson Blu hotel is planned in Anaheim, about a mile from Disneyland Resort, with an opening scheduled for 2020.

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FivePoint to Bring $200M City of Hope

Five Point Holdings LLC and City of Hope said today they plan to build a $200 million cancer center at the Great Park Neighborhoods in Irvine.

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Screen Printer to Close, Sell 100,000 SF in Brea

Absolute Screenprint Inc. in Brea will lay off 170 people effective March 31, a Worker Adjustment and Retraining Notification (WARN) filed with the California Economic Development Dept. said, and its 100,000 square foot building is on the market for $16.3 million.

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Airport GA Plan Advances

Supervisors approved an initial framework for John Wayne Airport’s general aviation improvement plan on March 13 by a vote of 4 to 0, with one supervisor absent from the afternoon session tally.

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