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.
REAL ESTATE: Deal for Santa Ana towers pegged at nearly $130M
The office division of private equity giant Blackstone Group is poised to become one of the two largest landlords in the South Coast Metro business district, based on an impending deal for the Griffin Towers office complex in Santa Ana.
REAL ESTATE: Irvine Company to redo 2 of 5 Spectrum buildings
A portion of the regional headquarters of Verizon Wireless in the Irvine Spectrum will be converted into a multitenant office park, a result of the telecom’s recent decision to trim its local head count by more than 40%.
$10M Deal Includes 47,319-SF Office
A cofounder of apparel company Affliction Inc. has bought the Santa Ana building that holds the Observatory OC concert venue where he’s an investor, as well as an adjacent office.
209,000 Square Feet For Food Processing, Storage
Mesa Cold Storage, a logistics company that specializes in temperature-controlled facilities, has purchased the buildings that hold its Fullerton operations.
Orange County homebuilders last year posted their best year for sales since 2004, buoyed by the opening of several masterplanned communities, as well as continued strong sales on the Irvine Ranch. Includes the 2014 OC's LARGEST HOMEBUILDERS list for download (pdf)
Big Deals for Notable Sites Reflect Confidence in Recovery
National builders have their eyes on Orange County again.
3 Builders Went Public, $670M in Proceeds to Spend
Wall Street cash is making its way back to Orange County’s homebuilding industry after a brief hiatus.
REAL ESTATE: Starwood, CIM, Torchlight buy into office recovery
There’s a new set of owners overseeing four of the most prominent office buildings on the skyline of Orange and Anaheim following a series of sales that reached about $250 million combined.
Short-Term Deals Possibility For Chipmaker?
Irvine city officials have acted as though it’s a fait accompli, but regulatory filings of Broadcom Corp. continue to suggest that a move of the chipmaker’s headquarters to a new office development at Orange County Great Park is not set in stone.
A two-building industrial park in Cypress that holds the headquarters of apparel company Vans Inc. has traded hands for $60 million.