Orange County Business Journal

REAL ESTATE

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

Hoag Gives $3.7M to Senior Center

Hoag Memorial Hospital said today it donated $3.775 million to the new Huntington Beach Senior Center in the Park.

Stifel Steps Up in Newport Center

REAL ESTATE: Takes full floor at Irvine Company’s newest office

Bill Gross might have the highest profile among the first batch of tenants at Irvine Company’s newest office building in Newport Center, but Stifel, Nicolaus & Co. can claim the highest perch at the 21-story building.

Greenlaw Near Deal on BofA’s Brea Campus

An investment group that includes Irvine-based real estate investor and developer Greenlaw Partners is nearing a deal to buy the massive Bank of America office campus in Brea.

Plenty in Play Around South Coast Metro; Don’t Forget the Vet

A trot around the South Coast Metro district that covers corners of Costa Mesa and Santa Ana reveals several sizeable chunks of property in a state of flux.

Investors Adapt to Changes in Post-Recession Market

‘Opportunistic’ Real Estate Scarce, Competition Stiff

Opportunity is still knocking for many of Orange County’s most active commercial real estate investors of the past five years, but it has required a decided shift in strategy.

Office Market’s Occupancy Levels Improve

The office market continues to experience positive momentum, pushing toward a full recovery. Occupancy levels are steadily improving due to constant demand, moving the market to near prerecession conditions.

Industrial Market Records Busy Q3

Orange County’s industrial market continued to record healthy levels of activity in the third quarter, ending with 2.8 million square feet of gross activity and resulting in 208,021 square feet of positive net absorption.

LED Manufacturer Sets Up in Anaheim

MANUFACTURING: Shifts West Coast center from IE

MaxLite Inc., a lighting products manufacturer in New Jersey, has relocated the base for its West Coast operations to Orange County, where it has expanded its facility space as part of a bid for growth.

Transit Center Lands New Shops, Eateries

The Anaheim Regional Transportation Intermodal Center signed several new retail and restaurant tenants, including grab-and-go grocery store Mission Market; the Hive Bar; brewery and burger restaurant R.A.D. Nano Brewery; vegetarian restaurant Silo; the third Orange County location of steam kettle cookery Ritter’s; and The Oyster Bar.

Medtronic Details Exec Structure Post Covidien Buy

Changes Precede Nearly Doubling Workforce

Medtronic Inc., which has about 700 employees in Orange County, recently detailed a management team and restructured its business segments in the run-up to its proposed $42.9 billion buy of fellow device maker Covidien PLC, which has 670 local workers.

Real Estate Deals

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

Broadcom Near Deal to Buy Great Park Land

Filing Says Talks For New Campus ‘Near Conclusion’

Broadcom Corp. is closing in on its long-awaited deal to buy the land for its new office campus near Orange County Great Park, according to filings with Irvine City Council.

Gerrity Lists Brea, Mission Viejo Retail Centers for Sale

Properties, 12 Others Could Fetch $500 Million

Shopping centers in Mission Viejo and Brea are part of a portfolio of West Coast retail properties that are on the block and could sell for nearly $500 million.

Tease photo

Two Freedom Shareholders Press for Receivership

Two investors who helped Aaron Kushner and Eric Spitz finance the purchase of Freedom Communications in 2012 have asked the Delaware Chancery Court to put the media company’s operations into receivership, claiming “it needs independent oversight because the company is insolvent and in financial distress from mismanagement,” according to the website Law360.

Tease photo

Transit Center Signs Tenants

The Anaheim Regional Transportation Intermodal Center (ARTIC) has signed several new retail and restaurant tenants, the center said.