$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.
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%.
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.
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.
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.
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.
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.
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.
A two-building industrial park in Cypress that holds the headquarters of apparel company Vans Inc. has traded hands for $60 million.
Data Analytics Provider’s Market Value Tops $3B, Critics Turn Quiet
Frank Martell has helped oversee one of Orange County’s biggest turnaround stories over the past 2 ½ years.
Land in Newport Center that currently holds a car wash is being eyed for a boutique hotel, one of several development projects being proposed for the area around Fashion Island, pending changes to the general plan of the city of Newport Beach.
Wine Lovers Look Down for Million-Dollar View at St. Regis Monarch Beach
Forget the sweeping ocean vistas, Tuscan-inspired architecture, champagne-feted sunsets, or even the Robert Trent Jones Jr.-designed golf course.
Intense Lighting Stays Local, Gets Larger HQ
Intense Lighting LLC, an Anaheim-based maker of interior and exterior lighting products, is expanding big in its hometown.
Santa Ana-based First American Financial Corp. said on Thursday it is paying $155 million to buy Interthinx Inc., an Agoura Hills-based provider of mortgage loan-related data.
REAL ESTATE: Bixby plans makeover for 45,000-SF office
Newport Center Drive might be the glamour location among Newport Beach offices, but Quail Street is developing a niche of its own in the city’s office market.
REAL ESTATE: 2014 opening ‘seems like it worked out’
The builders behind Baker Ranch in Lake Forest hope that patience pays off when they open the largest remaining housing development slated for the city.
REAL ESTATE: Shares see modest rise despite choppy market
Executives at The New Home Co. think that the company’s transition to a publicly traded company will help “supercharge” its growth in Orange County and its other core California markets.
UDR Takes Over Crescent Heights’ Multifamily Land
A national apartment owner with plenty of familiarity with Huntington Beach has signed on to that city’s Pacific City mixed-use development.
Aliso Viejo-based The New Home Co. Inc. made its Wall Street debut Friday, raising about $86 million in its initial public offering.
Orange County Supervisor Todd Spitzer was named to the board of directors of Strategic Realty Trust Inc., a San Mateo-based retail investment company, as part of a settlement between the company’s current board and a shareholder group that included its former manager, Costa Mesa-based Thompson National Properties.
Shea, Sares-Regis Shift With Market, Changing Tastes
There’s no such thing as a slam dunk or a straight shot when it comes to infill redevelopment projects.
Plans Represent Most Development There in Years
The one-time homes of churches, dietary supplement manufacturers, clean-energy companies, and a host of other office tenants in Irvine are on the fast track to being turned into apartment sites in the latest burst of development activity at the Irvine Business Complex.
11th-Hour Deal to Stay at Union Bank Square HQ
The Orange County Transportation Authority is staying in Orange, after all.
REAL ESTATE: Greenlaw stays as insurer’s partner, plans to move in
An office tower in the John Wayne Airport area of Irvine has changed hands in the latest deal by a national investor bullish on the local market’s potential for rent growth.
RMV, Great Park Best Among New Projects
The Irvine Ranch had no trouble keeping its crown as California’s busiest masterplanned community last year.
REAL ESTATE: Distribution center for Deckers among projects
Sares-Regis Group is becoming the master of making big statements.
Tower on OC’s Priciest Street
The newest office tower being built in Newport Center is available for lease, with rental rates at the trophy property expected to rise as high as the building’s 21 stories.
Hold More Leverage in Negotiations on Rates
The outlook for the hotel and meetings business continues to shine bright into the new year. Includes the 2014 OC's HOTEL MEETING ROOM SPACE list for download (pdf)
REAL ESTATE: Sares-Regis, Texas developer in deals for land
A hotel and another round of apartment construction are being planned for LBA Realty’s sprawling Park Place mixed-use campus, which also holds the potential for a new office tower.
REAL ESTATE: Avanir adds to space at Summit in Aliso Viejo
Avanir Pharmaceuticals Inc., one of Orange County’s fastest-growing public companies in recent years, has inked a lease to more than double the size of its headquarters in Aliso Viejo.
Its Hotel Room Count Could Grow By About 25%
A hotel development push in Irvine is under way as the city aims to grab a larger slice of Orange County’s business and tourism travel.
$10M Jump in Price for Sunflower Ave. Building
A Chinese maker of herbal extracts used in supplements and cosmetics has bought one of Costa Mesa’s larger industrial properties.
REAL ESTATE: Plans to keep adjacent printing operation
The owner of the Orange County Register has put a price tag of nearly $29 million on the paper’s headquarters in Santa Ana.
TRI Pointe IPO, Big Buy Accelerated Growth
TRI Pointe Homes Inc. began 2013 as a private company with a few hundred home sales to its name, a cautious growth plan, and one deep-pocketed investor.
Includes 800+ Irvine Co. Homes as It Plans IPO
The New Home Co. looks likely to have a busy year of building in Orange County.
Developers involved with converting Orange County’s two big former military bases into commercial projects finally look likely to put the remnants of the last downturn behind them.
REAL ESTATE: Retail SF to convert to creative space
Cutting-edge offices are coming to The Triangle in the latest reinvention of the high-profile Costa Mesa retail spot.
Sale Follows OCTA Bid for State Fund Building
Another property at the Xerox Centre in Santa Ana is getting a new owner.
195.5 Acres Along Coast Part of Lehman’s Wind-Down; Likely Bellwether on High-End Market for 2014
The long-delayed Marblehead coastal housing development in San Clemente is back in action.
Irvine Mayor Declares Deal Done; Chipmaker Keeps Plans Close to Vest
Construction of a new headquarters campus for Broadcom Corp. could be among the immediate byproducts of FivePoint Communities’ recent agreement with the city of Irvine over development plans for the former El Toro Marine Corps air station.
REAL ESTATE: Xerox Centre deal awaits OK; new offer in Orange
The Orange County Transportation Authority is nearing a deal to pay nearly $65 million for a new headquarters and administrative building next to the Xerox Centre office tower in Santa Ana.
REAL ESTATE: Investor’s first local buy in three years
Tustin Centre, the Santa Ana office campus that previously held the headquarters of Grubb & Ellis Co., is close to being sold to an offshoot of a different commercial brokerage.
Accretive Realty Heads Up 42,551-SF Project
Accretive Realty Advisors Inc., an Irvine-based real estate investor and developer that specializes in medical properties, has a new project moving ahead in San Juan Capistrano.
Leases Space in Knobbe Martens’ High-Rise
Accounting firm Moss Adams LLP will move its Irvine operations one high-rise to the right late next year.
REAL ESTATE: Equity Office could pay close to $100M
Chicago-based Equity Office Management LLC is nearing its third large local investment of the year, this time for a two-building office complex in Santa Ana, according to real estate watchers.
REAL ESTATE: Project among biggest in Anaheim in years
A former cement manufacturing plant in Anaheim is on the fast track to be turned into a new industrial property.
MCA’s Largest Purchase; $70M Goal for 2014
MCA Realty, a Santa Ana-based investments and management firm that started operations in 2011, has made its largest purchase to date with the buy of a business and retail center in its hometown.
3PL Global LLC, a Carson-based provider of third-party logistics services, is moving its Irvine and Santa Ana operations to Fullerton after signing one of the largest industrial leases in North County in the past few months.
REAL ESTATE: Institutional investors stay busy in area
Centerstone Plaza, a six-building office and retail complex in Irvine, has traded hands for about $51 million in the latest sizable sale of an Orange County commercial property to a large institutional investor.