Orange County Business Journal

REAL ESTATE

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

Flooring Distributor Inks 1st Anaheim Concourse Lease

Longust to Move From Nearby, Takes 93,818 SF

Longust Distributing Inc., a wholesale flooring supplier that’s had an Anaheim location since 2001, is the first company to announce a lease at the new batch of industrial buildings being constructed at Panattoni Development Co.’s massive Anaheim Concourse project.

Real Estate Deals

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

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Irvine Commercial RE Lender in Sale to Walker & Dunlop

Johnson Capital, an Irvine-based commercial property mortgage lender, has sold its loan origination and servicing platform to Walker & Dunlop Inc., a commercial real estate financial services company in Bethesda, Md.

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Gross to Open Janus Office at 520 Newport Center Tower

Bill Gross will be setting up shop for Janus Capital Group Inc. at the 520 Newport Center office tower in Newport Beach, according to real estate sources.

Register’s New Landlord Eyes More

Envisions 2 Towers Next to Daily’s HQ in Santa Ana

A commercial and residential development with the potential for a couple of high-rise towers could be built on land surrounding the Santa Ana headquarters of the Orange County Register, according to the high-profile building’s new owner.

Rebranding Puts Consulting Firm on Path of Growth

Says Unique Identity Makes It Stand Out From Crowd

Stantec Consulting Services Inc. was able to put its best foot forward when competing for business this year, thanks to a major rebranding effort initiated by its parent, Stantec Inc. in Edmonton, Canada.

Focus on Wireless Networks Looks Like Good Call

Rome & Associates Built On Telecommunications Work

Jeffrey Rome never thought when he got his degree in architecture that he’d spend most of his time designing wireless networks. Now, some 24 years later, 90% of billings at his Jeffrey Rome & Associates Inc. firm come from projects for major telecommunications companies such as AT&T, Crown Castle International Corp. and Verizon.

Architecture Firms’ Billings Up, Jobs About Flat

Combine For 1% Jump To $417 Million Locally

Orange County’s architecture firms combined for a 1.6% increase in local billings, modest growth after last year’s 13% surge.

Engineering Firms’ Revenues Drop After 3-Year Jump

39 Bring in $2.8 Billion In OC-Generated Billings

The top engineering firms with headquarters or significant operations in Orange County ended a three-year streak of gains with a 1.5% drop in local billings during the 12-month period ending June 30.

Newport Center in Line for Net Gain on Gross Move

The Insider has no dog in any fight between Bill Gross and whoever—but it now looks clear from this vantage point that a cadre of critics coordinated their condemnations of the cofounder and now ex-boss of Pimco in recent months.

Yokohama Tire Takes 57,624 SF in Santa Ana

REAL ESTATE: Distribution hub shifts from Fullerton to IE

Yokohama Tire Corp. has signed a deal to move its U.S. headquarters to Santa Ana in a shift that comes a few months after the company sold its longtime home in Fullerton.

Anton & Chia in San Diego on Latest Buy

Newport Beach-based accounting firm Anton & Chia LLP has acquired W. Michael Corson & Co. in San Diego on undisclosed terms, its second buy in recent months.

Retail Market Taps Brakes in Q2, Absorption Still Positive

The Orange County retail market slowed slightly in the second quarter, but there was continued positive net absorption going into the third quarter totaling 345 square feet.

Lehman Lists Stalled SJC Home Development for Sale

Pacifica San Juan Could Fetch $150M or More

Pacifica San Juan, a stalled new home development just off the San Diego (I-5) Freeway in San Juan Capistrano, is on the market for sale and could fetch a big price.

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China-Based Athletic Brand Picks Irvine for U.S. Headquarters

361 Degrees International Ltd., which bills itself as second-largest athletic brand in China, has chosen Irvine for its North American headquarters.