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Orange County’s high-rise market ended the fourth quarter with increased demand, resulting in 436,778 square feet of positive net absorption.
Menlo Equities Plans To Reconfigure Warehouse
Menlo Equities LLC hasn’t found too much success leasing out its Quintana office campus near John Wayne Airport. But the Palo Alto-based company appears to be seeing strong user interest at an industrial complex it owns next door, thanks to tenants of a different type.
Irvine-based travel-technology company BookingPal Inc. got $5 million in a venture capital round.
Bank of Manhattan, which is in the process of merging with Irvine-based Plaza Bank, has agreed to sell its mortgage business to Wilshire Bancorp Inc. in Los Angeles.
OC-Based Charter Services Catch Recovery’s Tailwind
Charter air service is finding friendly skies over Orange County, where demand for private flights has gained altitude in recent months.
REAL ESTATE: Eyes lifescience tenants for 884,000-SF project
A recently returned corporate citizen of Orange County has gotten started on one of the largest office developments under way in California—an 884,000-square-foot project that will mix a hotel and retail space into an office development intended for lifescience companies in the Bay Area.
FINANCE: Nonbank enterprises claim ground in recession’s wake
A number of mortgage lenders in Orange County have readied themselves for what’s expected to be a strong year for home loans.
Here are a couple of big OC names that make a natural marketing match: Pacific Life and filmmaker MacGillivray Freeman.
REAL ESTATE: $1.4M-per-room sale of Montage an OC record
The Chicago-based investor that was reportedly exploring a sale of its lone Orange County property just 18 months ago has instead added to its local resort holdings.
RESTAURANTS: Bucks trend of fast-casual, eyes Westminster
John’s Incredible Pizza Co. is in talks to open a restaurant in Westminster Mall as it doubles down on its long-standing family-oriented approach amid the recent popularity of fast-casual restaurants that appeal to food afficianados.
REIT Buys New Center For Estimated $111 Million
Add Donahue Schriber Realty Group to the growing list of Orange County commercial real estate companies spending big dollars in Silicon Valley.
Executives were honored in five categories last night at the Orange County Business Journal CFO of the Year awards, which drew a crowd of about 600 to the Hotel Irvine.
AAC Holdings Inc., a publicly traded operator of inpatient substance abuse treatment centers, is buying a hospital with a license for 84 beds in Aliso Viejo for $13.5 million, according to a news release.
Chipmaker Puts Price on Plans for Great Park Campus
Irvine-based Broadcom Corp. is investing nearly $800 million for its new headquarters next to Orange County Great Park, according to regulatory filings.