Orange County Business Journal

REAL ESTATE

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

Pizza Chain Sticks to Recipe on Expansion

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.

Donahue Schriber Latest OC Buyer in Silicon Valley

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.

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5 Take CFO Honors

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.

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Tenn. Company Adds Aliso Hospital

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.

Broadcom’s $778M Solution

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.

Hyundai Capital Adds 178,000 SF in Airport Area

REAL ESTATE: Entire building at MacArthur and Jamboree taken

Irvine-based Hyundai Capital America Inc. is consolidating a large portion of its sizable local operations at the 4000 MacArthur office campus in Newport Beach.

Ex-Sunstone CEO’s Basic Bet: What Goes Up Must Come Down

REAL ESTATE: Hedge-like fund eyes end to strong run for hotels

Ken Cruse, who recently left the top job at Aliso Viejo-based hotel investor Sunstone Hotel Investors Inc., has started an investment company that will try to take advantage of the next downturn in the hospitality industry.

When Donald Met Steve; Whitaker Gets Off to Strong Start

A big chunk of the Irvine Company’s operations outside of OC got a lengthy overview in a recent issue of the Silicon Valley Business Journal, which put some meat on the bones of a 25-year process that has seen Donald Bren amass 7,000 apartment units and 4 million square feet of office space in the region.

Montage Laguna Beach Sells for $360M

Chicago-based Strategic Hotels & Resorts Inc. bought the Montage Laguna Beach for $360 million, the hotel investor said.

Flurry of Sales Show Off Luxury Market’s Range

One Had Been Held By Same Owner for 40 Years

A recent flurry of luxury home sales illustrated the range—in terms of style and price—of the high-end market in Orange County.

Inland Empire Maintains Momentum in Fourth Quarter

The Inland Empire industrial market had many positive economic signs throughout 2014, an indication the region is still substantially expanding. Growth of tenants has largely propelled the activity.

Real Estate Deals

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

Nan-Hsing Cheng sold an industrial building in Placentia to Dayton Family Trust for $2.7 million, or $134 per square foot.

Brewery Snaps Up Property Next to Angel Stadium

Win-Dor Site Once Eyed For 20-Story Office Tower

Golden Road Brewing, a growing craft beer maker based in Los Angeles, has snapped up an industrial building across the street from Angel Stadium for its first Orange County location.

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Montage LB Sells for $360M

Strategic Hotels & Resorts Inc. has bought the Montage Laguna Beach for $360 million, the Chicago-based hotel investor said on Thursday.

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Auction.com Launches Hotel Division

Irvine-based Auction.com LLC said it has formed a unit focused on selling hotel properties.