Orange County Business Journal

REAL ESTATE

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

Office Market Moves Up in Fourth Quarter

The Orange County office market, building on an already-successful 2014, is gaining momentum through the turn of the year.

Industrial Market Clients Scrounge for Space in Q4

The Orange County industrial market was tight throughout most of 2014, a sign that the region is in need of a significant amount of new construction and development projects on top of its current 253 million or so square feet.

Cosmetics Brand Takes Creative Office in Irvine

REAL ESATE: Too Faced adds space amid reports of sale

Too Faced Cosmetics LLC, an Irvine-based cosmetics company that’s said to be considering a sale, has inked a lease for a much larger headquarters in its hometown.

Kodiak Capital to Fold NY Office Into OC Base

FINANCE: NB-based firm busy with small-stake strategy

Newport Beach-based investment firm Kodiak Capital Group LLC is off to a busy start this year with several deals on the books and plans to consolidate its East Coast operations in Orange County in coming months.

Auto Club Diamonds, Travel + Leisure Nods for OC Hotels

HOSPITALITY: High-end resorts compare well with LA, SD

A couple of annual rankings and ratings of hotels, resorts and restaurants provide some fresh perspective on Orange County’s hospitality trade, which shows up strongest at the highest end when compared with neighbors to the north and south.

Builders Named for Great Park Homes

Irvine-based Standard Pacific Corp. is the lone locally based homebuilder tapped to build homes at Beacon Park, the second community planned for Great Park Neighborhoods.

Real Estate Deals

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

Turner Real Estate Fund II LP sold an office building in Newport Beach to The Halpern Group for $9 million, or $297.42 per square foot.

Irvine Co. Gets Santa Clara Offices for $137 Million

Silicon Valley Portfolio Now Tops 4 Million SF

Irvine Company has made another pricey office investment in the Silicon Valley city of Santa Clara.

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Opus Buys Escrow Company

Irvine-based Opus Bank has agreed to pay $25 million for Commerce Escrow Co. and its affiliate business RPM Investments Inc.

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9 Builders Tapped for 2nd Great Park Home Site

Irvine-based Standard Pacific Corp. is the lone locally-based homebuilder tapped to build homes at Beacon Park, the second community planned for the Great Park Neighborhoods.

Charity’s Local Office Wraps Shoeboxes Full of Joy

NONPROFITS: At Operation Christmas Child’s Western hub

Nearly a million Christmas stories are just beginning from a run-of-the-mill warehouse in Huntington Beach.

2015 Preview: REAL ESTATE

Speculative development isn’t a dirty word anymore for area commercial real estate developers.

2015 Preview: FINANCE

Local financial industry professionals are banking on an improving U.S. economy that could feed business growth here.

2015 Preview: HOSPITALITY

Local hotels had steady increases in occupancies and room rates this year, reflecting national upward trends as the industry continued to climb out of post-recession declines.

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Sunstone Gets New CEO

Sunstone Hotel Investors Inc. president John Arabia has been appointed chief executive of the Aliso Viejo-based company.