KBS To Move To Pacific Financial Plaza in 2014
Pacific Investment Management Co. is several months away from moving into its new 20-story headquarters
REAL ESTATE: Sold industrial portfolio for $500M last year
Kilroy Realty Corp. has put offices it owns in Orange and the Irvine Spectrum up for sale
REAL ESTATE: Stake in office, land sales in Airport Area set stage
Hines Interests LP looking to build a new office at one of the busier intersections in Irvine.
Irvine-based Standard Pacific Corp. is said to be one of at least three companies in the running to buy Beverly Hills-based homebuilder Shapell Homes, according to a report in the Wall Street Journal.
7-Year Lease for White Nelson Runs 27,000 SF
Accounting firm White Nelson Diehl Evans LLP was the first big tenant to sign a lease at the Jamboree Business Center in Irvine when the three-building office complex opened in 2007.
In Deal for 201,000-SF Office AT&T Plans to Vacate Later This Year
PRES Cos. is under contract to buy AT&T Inc.’s office in downtown Anaheim, one of several notable purchases in the works for the Irvine-based real estate investor and developer.
REAL ESTATE: Project on drawing board could accommodate Broadcom
Irvine Company has presented plans for a massive campus in the Irvine Spectrum to chipmaker Broadcom Corp.
Lots of Projects Planned, But Few Moved in 5 Years
A slowly improving economy hasn’t led to a surge in new development of industrial buildings in Orange County.
TNP Strategic Partners With Glenborough LLC
A nontraded real estate investment trust that buys shopping centers is doing its best to distance itself from the company that founded it, Costa Mesa-based Thompson National Properties, in the Real Estate Column
Chapman, CSUF, Brandman Stake Claims in Business Center
Office parks in the Irvine Spectrum have become the go-to location for back-to-school sales of a real estate variety over the past few years.
Finalizes $115M Mortgage For Cypress Village Apts.
Newport Beach-based Irvine Company has taken out a sizable loan for one of the four apartment complexes it has built in the new Cypress Village neighborhood in Irvine, in the Real Estate Column
REAL ESTATE: Santa Ana apartments sell for $28 million
An investment group that includes Hall of Fame baseball player George Brett has bought a 160-unit apartment complex in Santa Ana
REAL ESTATE: Santa Ana apartments sell for $28 million
The new Orange County Visitors Association team—led by a former Marriott International Inc. executive—could help boost the nonprofit’s profile and efforts to market the county.
Tenet Healthcare Unit in Deal for 90,000 SF
Dallas-based Conifer Health Solutions has renewed its lease at Arena Corporate Center in Anaheim in one of the larger office leases Orange County has seen in recent months, in the Real Estate Column.
REAL ESTATE: Biggest OC buy for NB-based developer in several years
Newport Beach-based real estate investor and developer Olen Properties Corp. has made its largest local purchase in several years
REAL ESTATE: Hospital operator sells in Costa Mesa, buys in FV
The Irvine-based parent of Pacific Trust Bank plans to move its headquarters and rapidly growing operations to one of the more distinctive office buildings in Costa Mesa.
REAL ESTATE: Foreign buyers see OC as relatively affordable
A foreign-based investor has bought 11 buildings in a Newport Beach office park close to John Wayne Airport in one of the larger office transactions in the city so far this year.
Gains for Wealthiest Extend Throughout Southern California
Winners outpaced losers by a wide margin among Southern California’s super-rich over the past year or so, buoyed by stock gains, a resurgent real estate market, and a generally improving economy.
Class A Spaces Fill Up With Recovery
Orange County’s retail market—particularly its inventory of big-box space in the region’s top locations—has largely recovered from the effects of the Great Recession, according to a new brokerage report, in Real Estate
Strong Runs for Stocks, Real Estate Boost Rich List Across Board
Orange County’s richest have reached new highs in terms of combined wealth and billionaires.
REAL ESTATE: Plans more hires at one-time Knott’s plant
Arlon Graphics LLC is moving its growing local operations from Santa Ana to Placentia after inking a deal to lease a former production facility for Knott’s Berry Farm jams and preserves.
Employment, Landscaping Services in Area
Orange County’s job market is set to continue its growth, if the office expansion of a locally based provider of employment background screening services is any indication, in the Real Estate Column
HOSPITALITY: Special servicer pays $36.2 million
Sheraton Park Hotel at the Anaheim Resort, a 490-room hotel next to the Anaheim Convention Center, has traded hands in one of the larger sales of a distressed real estate property Orange County has seen this year.
REAL ESTATE: 4-building trade with Burnham in Newport Center
Four low-rise buildings in Newport Center—Orange County’s most exclusive and expensive office market—have seen an ownership change without a single dollar trading hands.
Audio Equipment Maker Gets 50,000 Square Feet
QSC Audio Products LLC, a privately held maker of amplifiers, speakers and other sound systems has bought the Costa Mesa building that it had been leasing for its headquarters, in the Real Estate column.
Traditional Industries Stick With Old-School Offices
SPECIAL REPORT - INTERIOR DESIGN & Construction: Ready at Dawn’s headquarters looks as much bar-and-game venue as office.
REAL ESTATE: Data indicates lone 100,000 SF+ lease this year
JPMorgan Chase & Co.’s new lease for its banking and mortgage operations in Irvine looks to be the largest office lease reported in Orange County so far this year.
REAL ESTATE: Ready to send next plan for North Irvine to city
Grading work could begin as early as next month for a new, 300-acre housing development by the Irvine Company along Jeffrey Road in North Irvine.
Increase Concentrated at the Biggest Companies
Orange County’s largest tenant improvement contractors last year had their busiest year for billings in more than a decade. Includes the 2013 OC's LARGEST TENANT IMPROVEMENT CONTRACTORS list for download (pdf)
REAL ESTATE: HSBC sells to local buyers for $302K per unit
The largest residential real estate project to be built in Little Saigon in more than a decade has traded hands for $43.5 million.
Ex-Owner Plans Upgrade, Sale to Another Owner-User
Irvine-based Guthrie Development Co. is returning to a familiar property for its first acquisition in several years in the Real Estate Column.
SERVICES: Chain tabbed as biggest in nation by gym count, revenue
A new flagship gym going up next to LA Fitness’ Park Place headquarters looks set to cap an impressive year of growth for the Irvine-based fitness chain.
Company Says It Takes On Challenging Infill Projects
Eclipse Development Group, an Irvine-based company that focuses on retail and mixed-use redevelopment projects in challenging locations, has its eyes on a notable waterfront project near Portland, Ore. in the Real Estate column
REAL ESTATE: Buys 1M SF in Santa Ana, eyes same in IE
Newport Beach-based Alere Property Group LLC has bought a portfolio of industrial buildings in Santa Ana totaling more than 1 million square feet
REAL ESTATE: Keeps another 13; set for buy of City Plaza in Orange
Newport Beach-based Greenlaw Partners LLC and its financial partners have closed on the sale of a 10-acre office site in the Irvine Business Complex
REAL ESTATE: About half of building to be offered for lease
Mark IV Capital Inc. is moving ahead with plans for the first office to be built in the Koll Center Newport business park in more than six years.
REAL ESTATE: 18.2 acres next to pending Pacific City development
Saunders Property Co. has acquired the 256-unit Pacific Mobile Home Park, which is next to the Pacific City development site in Huntington Beach.
Irvine-based CoreLogic Inc. is buying a trio of data and analytics businesses for a combined $661 million.
REAL ESTATE: Chicago-based REIT in early stages of marketing
The Ritz-Carlton, Laguna Niguel could see a new owner if the Dana Point luxury resort’s parent company follows through with plans to sell some or all of its properties.
Construction Company Takes 50,000 Square Feet
Irvine-based Bixby Land Co. has bought an empty, 75,000-square-foot office building in Corona once eyed as headquarters for Monster Beverage Corp. in the Real Estate Column
REAL ESTATE: Small, fully leased office goes for $5.4M
A boutique office in Newport Beach across the street from The Pacific Club has changed hands at one of the highest prices per square foot ever seen in Orange County.
REAL ESTATE: Santa Barbara Buy 1st Reported in 5+ Years
Orange County’s most prominent hotel owner during the last commercial real estate boom appears to be back in acquisition mode.
REAL ESTATE: Target Irvine office parks near airport
The former Irvine headquarters of chipmaker Microsemi Corp. is being eyed for a potential hotel development
REAL ESTATE: Speculation centers on 2 Orchard Hills sites
A good portion of the proceeds from Aliso Viejo-based The New Home Co.’s recently proposed initial public offering could be used to fund one of the pricier land buys seen in Irvine in several years.
14-Story Tower Is Its First There Since 2007
The Irvine Company hasn’t done as much development in San Diego as it has in other large office markets of late, but that’s about to change, in the Real Estate column.
REAL ESTATE: 941-Unit first phase set to open this week
The grand opening for the first village of Rancho Mission Viejo is fast approaching, and the project’s master developer already has a sequel in the works.
REAL ESTATE: Land-buying entity to stay private, affiliated
City Ventures Inc. plans to separate homebuilding operations from its aggressive land-buying business as part of a $150 million initial public offering
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)
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
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.