Orange County Business Journal

REAL ESTATE

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

TRI Pointe Expands Operations Post Weyerhaeuser Close

REAL ESTATE: Builder hires, grows office, as home prices rise

Expect a larger headquarters in Irvine but not much else in the way of local changes at TRI Pointe Homes Inc. following its audacious buy of the homebuilding division of Federal Way, Wash.-based timber conglomerate Weyerhaeuser Co.

Irvine Healthcare REIT Sale Possible

Irvine-based Griffin-American Healthcare REIT II, an owner of healthcare-related real estate properties, could be bought by NorthStar Realty Finance Corp. of New York, according to news reports.

Mid-Counties Industrial Market Activity Up 15%

First-quarter activity in the Mid-Counties industrial market continued to be led by users of 10,000- to 60,000-square-foot properties, which made up 44 of the 51 transactions.

Real Estate Deals

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

The Mayfield Trust sold a multitenant shopping center in Lake Forest to a private China-based buyer for $7.6 million.

Brea Office Fetches $20.8 Million After Upgrade

Zodiac Inflight Building Sells to Ex-Arden CEO

A Brea office largely occupied by Zodiac Inflight Innovations, a maker of portable in-flight entertainment players and related software, has traded hands for more than $20 million.

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NB Real Estate Research Firm Sells Majority Stake

Newport Beach-based commercial real estate research firm Green Street Advisors Inc. has sold a majority stake to Golden Gate Capital, a private equity firm in San Francisco.

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Chapman Sci-Tech Gets $1 Million Boost

Chapman University received a $1 million grant from the Los Angeles-based W.M. Keck Foundation to support its planned Center for Science and Technology.

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Report: Griffin-American Healthcare REIT II in Sales Talks

Irvine’s Griffin-American Healthcare REIT II, an owner of healthcare-related real estate properties, could be bought by New York-based NorthStar Realty Finance Corp., according to reports.

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Fastest-Growing Private Companies Wanted for Annual List

The Business Journal is looking for Orange County-based companies that have seen their yearly sales grow rapidly from mid-2012 to mid-2014 for our annual list of fastest-growing privately held companies.

First Look at Spectrum Tower

Irvine Company Goes With Glass for ‘Iconic’ Plan

The newest office tower planned for the Irvine Spectrum is expected to gain attention for more than its size.

Commercial Plans for Great Park Look Fit For Broadcom Campus

REAL ESTATE: Preliminary plan calls for 8 buildings, 2 million square feet

The developers of the Great Park Neighborhoods in Irvine have filed plans for the first batch of commercial construction at the former El Toro Marine Corps air station, a 2-million-square-foot office park that appears designed to hold the headquarters and expanded operations of Broadcom Corp.

LA Fitness Buyout Plan Calls for $1.6B in Credit

SERVICES: Reports say $1B would go to single stakeholder

A new financing deal in the works for LA Fitness could result in a change in the ownership structure of the Irvine-based fitness chain.

real estate deals

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

A family trust sold an apartment complex in Laguna Beach to another family trust for $4.1 million.

Manufacturing, Warehouse Space Tight in OC

The vacancy rate in the Orange County manufacturing and warehouse sector steadily decreased over the past 12 months from 2.8% to 2.5% at the end of the first quarter.

Chapman Adds to Spectrum Campus With Office Buy

Unisys Building Slated for Health Science Programs

Chapman University in Orange has completed the purchase of a third office in the Irvine Spectrum that it will use to house the school’s new graduate health sciences programs.