Orange County Business Journal

REAL ESTATE

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

Luxury Homebuyers Want More Than Just Location

Seek More Amenities, Not To Mention Precious Views

Discerning homebuyers today are looking for more than “location, location, location,” say real estate professionals in Orange County who specialize in the ultra-luxury market.

Auction.com Seeks Chinese Buyers, Sellers With Deal

Partner to Link Native Speakers, Sale Prospects

Auction.com LLC in Irvine, an online real estate marketplace that matches buyers and sellers of commercial and residential properties, signed a co-marketing deal with AREAA Global “to expand real estate ownership opportunities for Chinese investors.”

Greater LA Market Has Strong First Quarter

Greater Los Angeles office market conditions continued to improve across all major metrics in the second quarter.

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Irvine Firm to Open San Pedro Plant

One Source Industries LLC, an Irvine-based provider and developer of point of purchase displays, product packaging, and global promotional programs, plans to open a 25,000-square-foot production facility in San Pedro.

Aliso Viejo Office Sale Estimated Over $100M

REAL ESTATE: Two buildings at Summit combine for 295,000 SF

Two buildings in Aliso Viejo that hold the local operations of homebuilder Lennar Corp. and other tenants has traded hands in what looks to be the priciest office sale in South Orange County so far this year.

Trend Builds as Great Park Project Eyes Own Food Hall

REAL ESTATE: Old warehouse would hold one of a few planned

Add Great Park Neighborhoods in Irvine to the growing list of areas across Orange County looking to add a hip food hall to their developments instead of a more traditional retail center.

OC High-Rise Market Continues Improvement in Q1

The high-rise market in Orange County ended the first quarter with increased demand, resulting in 476,089 square feet of positive net absorption, nearly all of which took place in the Greater Airport Area and Central Orange County.

Vans Has Expansion Plans on Tap for Costa Mesa HQ

City Officials Say 40K SF Planned for New Campus

Comments by Costa Mesa city officials suggest that skate shoe and apparel company Vans Corp. is looking to build a sizeable expansion to the company’s planned new headquarters in the city.

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Five Point Plans for IPO

Aliso Viejo-based Five Point Holdings Inc. said it’s planning an initial public offering.

Medical Device Maker Adds to RSM Presence In Deal Pegged at $37M

REAL ESTATE: Cox affiliate sells building, 24.5 acres near toll road

Rancho Santa Margarita-based medical device maker Applied Medical Resources Corp. has bought the largest office building in its hometown for its growing operations.

June Gloom Absent from Luxury Coastal Home Sales

14 $4M-Plus Sales Close In Month’s First 2 Weeks

June got off to an auspicious start with 14 luxury home sales over $4 million in the first two weeks of the month.

Masimo Gets European Approval of Portable Oximeter

MightySat Rx Device Unavailable in US

Masimo Corp. ended June on a regulatory roll.

West Orange County Industrial Rates Pick Up in Q1

Hardly any development has been in the pipeline in the West Orange County industrial market, and with a dropping vacancy rate, lease rates have steadily ticked up over the past 12 months.

R.D. Olson’s Development Arm to Newport Beach

Relocation from Irvine to 520 Newport Center Tower

Hotel developer R.D. Olson Development is moving its offices to Newport Beach and closer to one of its biggest projects on tap.