Orange County Business Journal

REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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OC Resorts Have New China-Based Owner

Two luxury hotels in Orange County – the Montage Laguna Beach in Laguna Beach and the Ritz-Carlton Laguna Niguel in Dana Point—have a new China-based owner.

Real Estate Real

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

Hamilton Center, a multitenant shopping center in Huntington Beach, was sold for $3.3 million, or about $485.29 per square foot.

Central, North OC Office Market Activity Starts to Catch Up

The Central and North Orange County office submarkets have traditionally trailed the Greater Airport Area and South Orange County office submarkets in terms of vacancy, average asking lease rates, and absorption of space, and last year was no different.

Masimo’s New Irvine Space Leads to Musical Chairs

Boot Barn HQ, Printronix Office Also Part of Move

An expansion of Masimo Corp.’s local facilities appears to have set off a chain reaction of corporate relocations in the Irvine Spectrum area involving Boot Barn Holdings Inc. and Printronix Inc.

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Nutrition Company HQ to Anaheim

Nellson Nutraceutical LLC, a maker of nutrition bars and powders, has relocated its headquarters from Irwindale to Anaheim.

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Carl’s Jr. Parent to Nashville

CKE Restaurants Inc.— based in Carpinteria, Calif., near Santa Barbara, but with a sizable presence in Anaheim, where it has its roots—is moving its headquarters to Nashville.

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Orange Outlets to Grow

The Outlets at Orange said it will begin construction on 60,000 square feet of retail space this month.

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HB Hilton in $140M Deal

The Waterfront Beach Resort, a Hilton Hotel in Huntington Beach put together a $140 million financing and land acquisition deal for its long-planned expansion.

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Fujifilm Moves Optics to OC

The optical device division of Fujifilm North America Corp. has moved its West Coast headquarters from Redondo Beach to the company's facility in Cypress.

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Hotel Sales Dollars Doubled in 2015

Fewer hotels sold for more money last year in Orange County.

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Pacifica Adds to Cambria Holdings

Irvine-based Pacifica Hotels bought the San Simeon Pines Seaside Resort in Cambria, Calif.

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KTGY Names New Chairman

Irvine-based architecture firm KTGY Group Inc. named Jill D. Williams its new board chairman.

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OC Hotel Development Rising

Orange County had 37 hotels with 6,705 rooms under construction or in planning at the end of 2015, a report by Irvine-based Atlas Hospitality Group Inc. said.

Irvine Company Takes Amenities Up a Notch

REAL ESTATE: Fitness, health centers, outdoor upgrades

Irvine Company, Orange County’s dominant landlord, is preparing to launch a package of fitness, wellness and outdoor amenities for a large portion of its office portfolio.

Cove Fund Vets Diabetes Device, Cell Phone Filter

Angel Investors Start Due Diligence on Pair of Startups

The Cove Fund I selected two startups to move on to the next stage—due diligence—after hosting a pitch session on Jan. 26.