REAL ESTATE: Money Mailer slims down in Garden Grove
The Garden Grove headquarters of Money Mailer LLC has been sold
Shares of CoreLogic Inc. surged to their highest-ever level on Thursday, a day after the Irvine-based provider of residential property information and analytics reported strong third-quarter earnings.
REAL ESTATE: Latest buy comps in Buena Park
Patrick Cadigan has added a 184-unit complex in Buena Park to his portfolio
1800 E. Imperial Owned by LBA, Cigna Unit
The Brea office building that holds a bulk of the operations of Veterinary Pet Insurance Co. is up for sale.
REAL ESTATE: Price pegged at $114M, highest stand-alone this year
A New York City-based real estate investment firm has bought the 2030 Main St. office tower in Irvine
ROIC Continues String of Acquisitions This Year
Retail Opportunity Investments Corp. is making a nearly $85 million investment in Huntington Beach’s retail market.
REAL ESTATE: Estimates range upward to $39 million
The Aliso Viejo headquarters of chipmaker Microsemi Corp. has been sold to a Boston-based institutional investor.
REAL ESTATE: Regional HQ, city’s largest employer
An office in Cypress has traded hands as part of a four-building portfolio sale valued at $122.3 million.
Newport Beach Office Joins 4 Other Properties
A multibuilding office swap in Newport Beach involving Irvine Company and Burnham USA that I covered this summer includes one more building than first reported.
REAL ESTATE: LBA cashes out; beer distributor set for expansion
An affiliate of the biggest beer wholesaler in the nation has bought one of Huntington Beach’s largest buildings
REAL ESTATE: 720-unit first phase opens, next 1,000 in works
The developer of the Great Park Neighborhoods in Irvine is looking to add a small-town spin to Orange County’s biggest new home development
Tustin Centre Complex Features 10-Story Tower
The two buildings that make up the nearly 280,000-square-foot Tustin Centre office complex are up for sale
REAL ESTATE: Hines, Oaktree expected to add to OC holdings
The largest office campus in Yorba Linda is under contract to be sold
Stearns Lending operated with a bare-bones staff for a few years before regaining its feet.
Sheds 200,000-SF Lease; Complex to Sell for $34M
A San Diego office property’s value has dropped nearly $21 million due to the recent downsizing and financial restructuring at Irvine-based chipmaker Conexant Systems Inc.
ECONOMY: Tops on total revenue, number of companies
Orange County’s fastest-growing private companies combined for an average increase of 40% on sales. Includes the 2013 OC's FASTEST GROWING PRIVATE COs list for download (pdf)
REAL ESTATE: Gets high-end office, shops; sells big-box retail
Burnham USA Equities Inc. has added a high-profile office and retail property in Newport Beach to its portfolio
REAL ESTATE: Firm is partner, main tenant in 14-story tower
Knobbe Martens Olson & Bear LLP to bring a touch of the resort lifestyle to the Irvine office tower that holds its headquarters.
Some Cite More Favorable Business Climate in Austin
Austin has been a hotspot for Orange County-based commercial real estate investors
1,410 Apartments in Mission Valley
The Irvine Company has made its largest single-property acquisition of the year, getting an upscale apartment complex in San Diego’s Mission Valley.
SERVICES: $661M buy of 3 firms could face delay to 2014
CoreLogic Inc.’s proposed $661 million acquisition of three data and analytics businesses is getting some additional regulatory scrutiny.
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.
REAL ESTATE: First outside rep for office leases in 23 years
The owner of Costa Mesa’s three most prominent office towers is switching up its leasing strategy
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.
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
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.
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.
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
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
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.
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.
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
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.
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
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.
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.
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)
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.
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.
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.