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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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.

CareTrust Ups Credit, Pays Off Debt, Buys Properties

Wants to Focus on Buys Pipeline Without Equity

San Clemente-based CareTrust REIT Inc. is keeping itself busy as February unfolds by reworking its credit, paying off debt and making deals.

Real Estate Deals

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

Christine and Jeff Chow sold an industrial condominium in Fullerton to Dolce Vita Property Investments LLC for $1.2 million, or $185 per square foot.

Construction Still Behind Market Demand

More than a million square feet of new commercial space was delivered in Orange County’s industrial market last year, surpassing the 958,241 square feet recorded in 2014.

Broadcom’s Campus Moves Forward on Piecemeal Basis

Not Everything in Works In First Phase of Campus

Recent job cuts at Broadcom Corp.’s local operations following its sale to Avago Technologies Ltd. appear to fall in line with the construction seen so far at the chipmaker’s new office campus being built at Great Park Neighborhoods in Irvine.

$100M Makeover in Costa Mesa

Developer Plans Creative-Office Space at Former LA Times Plant

The former Los Angeles Times printing plant in Costa Mesa is slated to be turned into Orange County’s largest creative-office redevelopment project to date.

Ambry Genetics Adds Test Lab in Aliso Viejo

Genetic testing provider Ambry Genetics Corp. will open a new, 65,000-square-foot laboratory across the street from its Aliso Viejo headquarters this month.

Deckers moves Sanuk to its Goleta HQ

Deckers Outdoor Corp. said it will move Irvine-based sandal maker Sanuk USA LLC to Deckers’ headquarters in Goleta to help “streamline brand operations and reduce infrastructure costs.”

Georgia-Pacific to Close BP Plant

A 465,000-square-foot corrugated box-producing plant in Buena Park run by Atlanta-based Georgia-Pacific LLC will close by Sept. 1, the company said.