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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Ketchum Pays $10.3M for Eye Care Digs

Fullerton-based Marshall B. Ketchum University paid $10.3 million for a building of about 85,000 square feet on La Palma Avenue in Anaheim and will move its University Eye Center there, the school said.

Ingram Micro Sets Up Shop in Irvine

REAL ESTATE: Park Place lease could bring sale of Santa Ana HQ

Ingram Micro Inc., Orange County’s largest company by sales, is expected to move its headquarters from Santa Ana to Irvine after signing a large office lease at the Park Place mixed-use campus.

Mints to Marketing, Coffee to Cabbies

Orange County’s hotel and resort properties have spawned an industry of local companies that help with everything from purchasing and Pinterest to mints on the pillow.

Platinum Triangle Preps for 2nd Act of Development

Office, For-Sale Projects Eyed Alongside More Apartments

The development of the Platinum Triangle area in Anaheim is entering its second decade, and the 820-acre swath of land around Angel Stadium remains poised to be a hub of apartment construction.

Irvine Land Deals Top $100M, Usher in New Plans

Offices Could Join 1,600 Planned Apartments

Nearly 30 acres along a busy stretch of Jamboree Road in Irvine have sold over the past few weeks or are expected to soon, with plans for apartment and office development expected to start on the sites.

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.