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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Target to Open Concept Store Near UCI

Minneapolis-based Target Corp. selected Irvine Company’s University Center near University of California-Irvine as one of four college campus locations where it will open a “flexible-format” store. It will be the first such store in Orange County.

By Mediha DiMartino August 8, 2016 3:44 p.m. share »
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Irvine Gets Google Fiber

Irvine will become the latest U.S. market to feature Google Inc.’s new super-speedy Internet service for businesses and residents—with a caveat: The Mountain View-based tech giant initially is rolling out the service only to select Irvine Co. properties, the companies said today.

By Chris Casacchia August 2, 2016 10 a.m. share »
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Irvine Fin-tech Firm Gets $7.5M

Internet-based mortgage lender cloudvirga Inc. in Irvine raised $7.5 million in Series A funding, led by Calabasas-based Dallas Capital. Santa Monica venture capital firm Upfront Ventures and angel investment club Tribeca Angels in New York participated in the round.

By Michael de los Reyes July 28, 2016 12:59 p.m. share »
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TIAA Takes Pacific City Stake

Huntington Beach’s Pacific City shopping center has seen a change in ownership.

By Mark Mueller July 20, 2016 10:18 a.m. share »
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Chicago Architecture Firm to OC

Oculus Architecture LTD has moved its headquarters to Costa Mesa from the Chicago suburb of Hickory Hills.

By Michael de los Reyes July 18, 2016 2:43 p.m. share »
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Anaheim Tax Break to Luxe Hotels

Walt Disney Co. in Burbank and affiliates of Hong Kong-based Wincome Group will divvy up $560 million in tax money to be reimbursed over 20 years for building three luxury hotels in Anaheim.

By Paul Hughes July 13, 2016 3:30 p.m. share »
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Cannabis Science to Irvine

Cannabis Science Inc. moved its corporate headquarters to Irvine from Colorado Springs, Colo.

By Vita Reed June 30, 2016 2:15 p.m. share »
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Concert Golf Buys Wichita Club

Concert Golf Partners in Newport Beach bought Crestview Country Club in Wichita, Kan., on undisclosed terms.

By Paul Hughes June 30, 2016 9:48 a.m. share »
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China-Based Hotel Buyer in GG Resort Deal

SCG America has been named to develop the Grove District Hotel Resort Development, a stalled 5-acre resort with up to 769 rooms and 39,000 square feet of meeting space in Garden Grove, a press release said.

By Paul Hughes June 29, 2016 2:15 p.m. share »
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Knott’s Eyes Land for Parking

Knott’s Berry Farm in Buena Park plans to buy 1.1 acres for $250,000 as part of a $5 million expansion of its Soak City water park by May 2017.

By Paul Hughes June 27, 2016 9:20 a.m. share »
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PHG in Deals for AC Irvine, Tempe

An affiliate of Irvine’s Pacific Hospitality Group is in deals for two AC Hotels—a 176-room property currently under construction at the Park Place mixed-use campus near John Wayne Airport and a recently opened location in Tempe, Ariz.—from Woodbine Development Corp. and USAA.

By Paul Hughes, Mark Mueller June 23, 2016 4:50 p.m. share »
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FivePoint to Sponsor Concert Venue’s Last Season

FivePoint Holdings in Aliso Viejo said it will sponsor the final concert series at Irvine Meadows Amphitheater and is also exploring building an amphitheater on the south end of the Orange County Great Park in Irvine.

By Mediha DiMartino June 23, 2016 10:27 a.m. share »
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Goodman Birtcher Gets 133 Acres

Irvine-based developer Goodman Birtcher has bought a pair of massive distribution centers in Los Angeles County.

By Mark Mueller June 15, 2016 5:09 p.m. share »
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Argyroses Pledge $2.5M to Theater

George and Julianne Argyros plan to give $2.5 million to a theater in Julia’s hometown of Adrian, Mich., according to a newspaper there.

June 13, 2016 10:33 a.m. share »

Master Plan Morphs; Christ Cathedral Draws; Blanning’s CROC

Early take on Dan Young’s decision to step away from the Irvine Company: Donald Bren’s master plan continues to morph into something that increasingly looks like more of an operating company than a developer.

By Jerry Sullivan June 13, 2016 midnight share »