Orange County Business Journal

REAL ESTATE

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

9 Builders Tapped for 2nd Great Park Home Site

Irvine-based Standard Pacific Corp. is the lone locally-based homebuilder tapped to build homes at Beacon Park, the second community planned for the Great Park Neighborhoods.

By Mark Mueller January 20, 2015 8 a.m.   Share
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Montage LB Sells for $360M

Strategic Hotels & Resorts Inc. has bought the Montage Laguna Beach for $360 million, the Chicago-based hotel investor said on Thursday.

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Auction.com Launches Hotel Division

Irvine-based Auction.com LLC said it has formed a unit focused on selling hotel properties.

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Ketchum Pays $10.3M for Eye Care Digs

Fullerton-based Marshall B. Ketchum University paid $10.3 million for an 88,000 square foot building on La Palma Avenue in Anaheim and will move its University Eye Center there, the school said.

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Opus Buys Escrow Company

Irvine-based Opus Bank has agreed to pay $25 million for Commerce Escrow Co. and its affiliate business RPM Investments Inc.

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Sunstone Gets New CEO

Sunstone Hotel Investors Inc. president John Arabia has been appointed chief executive of the Aliso Viejo-based company.

Lincoln Properties Buys Biggest Office in Los Al

REAL ESTATE: 2 buildings, 150,000 SF on 10 acres

The local office of Dallas-based Lincoln Properties Corp. has bought the largest office property in Los Alamitos.

St. Joseph Hoag, Irvine Company Extend Partnership

HEALTHCARE: 2nd edition of concept at Jamboree Center

St. Joseph Hoag Health has laid another building block for the integrated regional care delivery it is establishing in Orange County.

2014 Sales End on Satisfying Note, 2015 Starts Strong

17 $4M-and-Up Homes Sell in Month on OC Coast

Seventeen homes in coastal Orange County closed for $4 million or more between Dec. 1 and the week ending Jan. 8, according to public records and the Redfin website.

Apparel Brands Unveil 2015 Marketing Agendas

2 Silos for Element as Women’s Line Grows

Several Orange County apparel brands in attendance at the Agenda trade show in Long Beach this month shared news from their marketing departments:

Retail Market Benefits From Improving Economy

The Orange County retail market continued to improve in the third quarter as demand increased.

Times’ Former Parent Seeks Partners on Costa Mesa Plant

21-Acre Site Now Unused, Redevelopment Planned

Development activity could move ahead this year at a former Los Angeles Times printing plant in Costa Mesa that’s long been a source of speculation of a potential sale or redevelopment, according to its owner.

Real Estate Deals

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

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

Auto R&D Plant Bound for Irvine

REAL ESTATE: Self-storage to rise on 10 acres next door

A 14-acre property in Irvine near the Tustin Legacy development site is expected to be converted into a manufacturing center for a Japan-based automotive research and development company, with a self-storage facility slated for next door.

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Lyon Starts Mortgage Arm With Stearns

Newport Beach-based homebuilder William Lyon Homes has partnered with Stearns Lending LLC in Santa Ana to create William Lyon Mortgage LLC.