Mark Mueller covers commercial and residential real estate for the Orange County Business Journal. His beat also includes title insurers and mortgage lenders, as well as government stories that relate to real estate. He can be reached at firstname.lastname@example.org.
Phone: 949-833-8373 Extension: 226
REAL ESTATE: NFL team’s HQ sells for $84 million
The Costa Mesa office complex that’s home to the operations of the Los Angeles Chargers football team has traded hands at a 75% premium to its prior sale.
REAL ESTATE: $88M buy its largest to date
Newport Beach-based dental products maker Glidewell Laboratories, already one of the largest owner-users of commercial real estate in the area around John Wayne Airport, has made what appears to be its largest-ever local property acquisition.
REAL ESTATE: On pace for 600 sales this year
You could call City Ventures the Prius of homebuilders.
Edinger Plaza Sale Tops For OC Retail This Year
Edinger Plaza, a 155,275-square-foot shopping center in Huntington Beach across the street from the city’s largest mall, Bella Terra, has changed hands.
HOSPITALITY: $415M value estimated for Sheraton
Newport Beach-based hospitality investor Eagle Four Partners is the latest local name taking notice of Colorado’s red-hot hotel market.
Sears Holdings Corp. plans to shutter its location at Costa Mesa’s South Coast Plaza as part of its just-announced Chapter 11 bankruptcy filing.
REAL ESTATE: Both in hub of rental developments
Two Central Orange County offices in Orange and Anaheim have traded hands in deals totaling about $61 million.
3-Acre Site Would Hold 370 Units and Run 424,000 SF
A 3-acre site in Irvine that’s across the street from the District at Tustin Legacy shopping center is being considered for a sizeable housing project for older residents.
SERVICES: Distributor keeps better-performing biz
Foundation Building Materials LLC, a Tustin-based distributor of wallboard, ceiling systems, and other products that’s used an aggressive roll-up acquisition strategy to build its business, is hitting the reset button.
INNOVATION: Irvine incubator adding startups
Much like the university down the road from its Irvine office, it’s getting harder for applicants to get accepted to startup incubator EvoNexus.