Completed Projects Up But More Room for Growth
Developers Between Old and New Construction Jobs
COMMERCIAL DEVELOPMENT: Orange County saw an uptick in grand-opening ceremonies last year, but commercial developers are waiting for many of the area’s biggest projects. Includes the 2013 OC's LARGEST COMMERCIAL DEVELOPERS list for download (pdf)
Home of In-Flight Entertainment Operation Purchased
Irvine Spectrum Office Goes for $29.3 Million
An Irvine Spectrum office leased to an in-flight entertainment unit of aerospace and defense company Thales USA has traded hands for nearly $30 million, in the Real Estate column
Local Commercial Construction Firms Post Big Gain
Increase Led by Orange County Clark Construction Office
COMMERCIAL DEVELOPMENT: A jump in work reported by the local office of Clark Construction Group LLC helped Orange County’s largest commercial construction companies post their strongest year for revenue since 2008.
Creative Edge Planned for Final Summit Phase
REAL ESTATE: Wants to add weekend, nighttime use at center
Parker Properties LLC is looking to go out with a bang for the final phase of development at its signature Summit Office Campus in Aliso Viejo.
Jamboree Housing’s Driving Force
Nonprofit Grows to 70 Developments, 7,000 Units on Her Watch
WOMEN IN BUSINESS AWARDS: Laura Archuleta has plenty of experience building both apartment complexes and a real estate company from the ground up.
Los Olivos Plan Puts OC Retail Back in Action
REAL ESTATE: Would be just 2nd sizable new project here since 2008
The Irvine Company plans to build a 100,000-square-foot neighborhood shopping center next to its new Los Olivos apartment community
Retail Center Sale One of South OC’s Priciest This Year
REAL ESTATE: Gerrity Group affiliate pays $28.6 Million
Gateway Center, a nine-building retail center along Alicia Parkway in Mission Viejo, has traded hands.
Lennar Division, SD Partner Get Santa Ana Offices
REAL ESTATE: Reported $16M price for 128,000 square feet
A 128,000-square-foot office project next to the Costa Mesa (55) Freeway in Santa Ana has changed hands for about $16 million.
Office Portfolio Tops $100M in Airport Area
REAL ESTATE: Equity Office gets 521,000 SF in deal with AIG
Equity Office Management takes over four-property office portfolio in Irvine, Newport Beach
Full Spectrum
Irvine Company Sees 5 Million More SF of Offices, 20,000 New Jobs
The Irvine Company has proposed a major dose of office development in anticipation of nearly 20,000 new jobs that are expected to come to the fast-growing area of the Irvine Spectrum over the next five years.
City Ventures Joins Back-to-School Trend With 10.7-Acre Buy
REAL ESTATE: Ventura County project needs new entitlements
Newport Beach-based City Ventures Inc. is the latest area homebuilder going back to school to find good land development deals.
IMS Expansion Fills Out Koll Co.’s Building in Brea
In-Flight Entertainment Company Grows to 81,000 SF
IMS expansion fills out Koll’s building in Brea, in Real Estate
KBS Realty Set to Buy Dallas, D.C.-Area Offices
REAL ESTATE: Contract close to $270 million for 5 buildings
An affiliate of Newport Beach-based real estate investor KBS Realty Advisors is under contract to buy more than 1 million square feet of offices in Dallas and the suburbs of Washington, D.C., in a deal valued at close to $270 million.
Powerwave Headquarters Expected to Be Vacated Soon
TECHNOLOGY: Landlord eyes other big tenants
Powerwave, a maker of cellular base-station gear for wireless networks, filed for bankruptcy protection in January
AvalonBay Makes Apartment Push in South OC
REAL ESTATE: Development eyed in Irvine, Lake Forest
AvalonBay Communities Inc. has cornered the market for apartments—at least on one corner
Northgate Gonzalez Buys in LA, Sells in OC
Increases Shopping Center Holdings With Four Deals
Northgate Gonzalez Market, OCs largest Hispanic grocer, is taking on a larger role as a shopping center owner and landlord in L.A. County, in Real Estate
Platinum Triangle Properties Sold to Industrial Users
REAL ESTATE: Buyers will keep properties as they are
An industrial park near Angel Stadium that ambitious office and apartment developers have eyed for nearly seven years has a pair of new owners with more modest goals in mind.
Shea Properties Back in OC With Surf City Industrial Project
REAL ESTATE: Hot sector has local, national developers looking for land
Add Aliso Viejo-based Shea Properties to the growing list of local and national developers eyeing older Orange County commercial sites for new industrial projects.
New Life for Old Gym Part of Creative-Office Trend
Investors With Cash Grow Keen on Collaborative Space
SPECIAL REPORT-COMMERCIAL REAL ESTATE: Not your father’s office
Irvine Office Might Be Year’s First to Top $100 Million Mark
REAL ESTATE: Industry sources expect high rise to reach benchmark
2030 Main Street office likely to be OC’s first building to trade hands for more than $100M this year
Bixby Land Co. On Office-Redos Roll
REAL ESTATE: Local projects joining those in Silicon Valley
The Irvine-based real estate investor and developer has found a niche of late as something of an office fixer-upper
Retail Development Revs Up in Laguna Hills
REAL ESTATE: Upscale demographics draw renovations
Retail construction in Orange County has been a rarity over the past three years, but the city of Laguna Hills appears ready to make up for lost time.
CBC Alliance Grows OC Operations With Local Buy
Strikes Deal With Bridge Commercial Properties
Coldwell Banker Commercial Alliance is beefing up its local operations by acquiring another area brokerage with a niche in representing smaller businesses, in Real Estate
Shares of William Lyon Homes Rise After IPO
Shares of Newport Beach-based William Lyon Homes were trading above their offering price on Thursday, following the homebuilder’s return to the New York Stock Exchange.
Homebuilder City Ventures Planning IPO
Newport Beach-based City Ventures Inc. is the latest Orange County homebuilder looking to go public via an initial public offering.
Mobilitie: Bringing 4G Wireless to a Venue Near You
TECHNOLOGY: Sold most traditional cellphone towers
Mobilitie LLC made its first major windfall by improving wireless coverage across the country, one cellphone tower at a time.
Irvine Co. Hikes Homebuilding, Apartment Execs
REAL ESTATE: New president posts reflect building boom
The boom in development for Irvine Company’s homebuilding and apartment divisions has led to a reshuffling of executive duties at the Newport Beach-based real estate company.
$5.6M Per Acre for Land Parcel in Newport Center
Cost One of Highest Per Acre For Homes in Years
The New Home Co., development partner pay top dollar for land slated to hold the Meridian project, in Real Estate
Family to Resume Control of Lyon Homes
REAL ESTATE: Value of homebuilder could top $700M
Irvine CoA planned return to the New York Stock Exchange for William Lyon Homes will put the Newport Beach-based homebuilder’s namesake family back in charge of its operations.mpany hikes homebuilding, apartment execs
Homebuilder City Ventures Planning IPO
Newport Beach-based City Ventures Inc. is the latest Orange County homebuilder looking to go public via an initial public offering.
Sunstone Paying $309M for Boston, New Orleans Hotels
Aliso Viejo-based Sunstone Hotel Investors Inc. said it is paying a combined $309 million to acquire a pair of hotels, in Boston and New Orleans.
$875M Shopping List for Irvine Co.?
REAL ESTATE: Mortgage package on prime offices hints at more buys
An $875 million financing deal for the Irvine Company provides a rare glimpse into the operations and balance sheet of Orange County’s dominant office landlord.
La Habra Apartments Change Hands for $19 Million
Local Buyer Acquires 1960s Il Pompeii Complex
Il Pompeii, an apartment complex in La Habra, has changed hands for $19 million, in Real Estate
Hager Pacific to Texas Border for Industrial Deal
REAL ESTATE: 16 buildings in cities at opposite ends of state
Hager Pacific Properties’ search for industrial property investments with strong upside potential has taken the company to a pair of Texas cities next to Mexico.
FivePoint’s New Amenity for Great Park: Momentum
REAL ESTATE: Hot start for land sales; 2nd phase under way
A land sale that brought in close to $200 million has FivePoint Communities Management Inc.’s Emile Haddad thinking about the second phase of development at the Great Park Neighborhoods in Irvine.
Swiss Equipment Maker Expands With Cypress Hub
REAL ESTATE: 10-year lease, OC consolidation part of plan
Cavotec plans to expand its West Coast manufacturing operations after inking new industrial lease
No End in Sight as Olson Starts in Spectrum
Hotel Developer Also Eyes Old City Hall in Newport Beach, Pacific City in HB
Olson's pipeline could become a lot busier. It’s eyeing several other area sites for hotel development, including an adjacent site in the Spectrum.
Eight Builders Tapped for First Great Park Home Site
Newport Beach’s William Lyon Homes is among a group of eight builders selected to build the first 726 homes at Irvine’s Great Park Neighborhoods, which is set to open for sales by the end of September.
Lyon Communities Makes Its Marke
REAL ESTATE: Apt. Company Taps Santa Ana for Local Growth
The company is well under way with a 300-unit development called The Marke at MacArthur Boulevard and Main Street in the South Coast Metro portion of the city.
Builder Seeks NB Home Hit, Indirectly; Logan’s Gym Run
OC INSIDER by Mark Mueller
High-End Homes Aimed to Fill Newport Center Void
Meridian Project First in More Than 20 Years
Newport Center is about to get a little more livable
Venture Helps Purchase Farm For Home Development
San Juan Capistrano Site One of Nine US Projects
Local venture helps purchase farm slated for home development, in Real Estate
Shopoff Group Considers Major Riverside Project
REAL ESTATE: Commercial, housing pipeline grows
Shopoff Group mulls major Riverside project
CoreLogic Shares Jump on Strong Q1 Report
CoreLogic Inc. saw a nearly 13% bump in its stock price on Thursday, after the Irvine-based provider of residential property information and analytics reported strong first-quarter earnings.
Thompson in Board Fight Over Retail-Focused REIT
REAL ESTATE: Other directors seek ouster, new adviser
The head of Thompson National Properties is facing another board battle
Westminster Buy Likely Near Top of Industrial Market
Leased as Medical Device Maker’s Distribution Hub
Clarion Partners LLC has bought a Westminster building that holds a large portion of the local operations of medical device maker B. Braun Medical Inc., in Real Estate
From Haute to Hip in Airport Area
Obey Takes Former St. John Knits Space in 170,000-SF Lease
Obey Clothing has expanded its operations into one of the more prominent industrial buildings in the area around John Wayne Airport.
Creative Work Space Due for Market Test
REAL ESTATE: HQ of apparel brand on block after makeover
An 82,645-square-foot office about a block from The District shopping center went up for sale this month
Clean Energy Bound for Newport Beach
ENERGY: Move from Seal Beach to 70,000-SF headquarters set
Clean Energy Fuels will move its headquarters to Newport Beach
Semiconductor Equipment Maker Shifts West Coast HQ
Kulicke & Soffa to Irvine Corporate Center
Kulicke & Soffa Industries is moving its West Coast operations from Irvine to Santa Ana, in Real Estate
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