REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

FivePoint CEO Expects More Irvine Entitlements

REAL ESTATE: $328M sale; affordable housing focusPotential for seeking additional residential entitlements at Irvine’s Great Park Neighborhoods to increase affordable housing availability

CapRock Starts Large Spec Project in Phoenix

Logistics Campus Will Span 3.4M SF

Newport Beach-based CapRock Partners recently started development on what it’s calling the largest speculative industrial real estate project on record for the city of Phoenix

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WaBa Grill to Move HQ to OC

Restaurant Chain Buys Anaheim Office

WaBa Grill to ramp up OC footprint after a record year in 2020, with total system sales up 3%

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Fashion Island Reveals Raft of Incoming Tenants

10 in total to come to Newport Beach shopping center

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Glidewell Laboratories Adds to Portfolio, Via Lease

Former Ceradyne Spot; New Asset of BLT

OC’s largest dental products maker is continuing to grow its real estate portfolio of owned—and leased—properties around John Wayne Airport

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Pimco to Buy Office REIT in $2.2B Deal

6M SF in Portfolio Of Columbia Property Trust

Recent push by Pimco to grow its private strategies platform, which includes opportunistic real estate equity and private lending efforts

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San Clemente Estate Trades for $34M

2nd Among OC Sales; Near Casa Pacifica

Second-priciest reported home sale in Orange County this year, trailing the $41 million deal in March for 28 Midsummer in Crystal Cove

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Apollo Completes Acquisition of New Home Co.

Scottsdale-based homebuilder now private company

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The Reality of Covid and Accessing Its Impact on Commercial Real Estate

The lingering impact of Covid on commercial real estate is very much at play. With a fine line between success and survival, new insights and strategies are required.

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Irvine Co. Reports Success in Flex Office Leasing

750K SF in Leases Over Past Year

Flex Workspace office leasing program that launched pre-pandemic, offering shorter-than-normal lease terms for tenants, is seeing robust demand as companies adjust to pandemic changes

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Passco on Track for Record Acquisition Year

Nearly $500M in Rental Buys for First Half of Year

Passco Companies said it is targeting a record amount of $1 billion in multifamily acquisitions in 2021

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Taco Bell HQ Trades for $159M

REAL ESTATE: Tops for 2021; Taiwan buyer

Strong sign of returning investor optimism for leased offices in Orange County as the sale tops OC office deals in 2021 by price

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A Step Back, and Forward, for FivePoint’s Haddad

REAL ESTATE: Exec changes for Irvine developer

Emile Haddad’s bigger picture ties in with his larger goal of creating model cities of the future, with social equity in mind

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Emerald Bay Activity Remains Strong in 2021

Six Homes in Enclave Sell for More Than $8M

Most recent Emerald Bay deal, a four-bedroom, six-bath home sold for $11.8 million

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Ziggurat Building Inches Towards Redevelopment

Area Subcontractor Downsizes; Uses for 92 Acres Undecided

The future of the largest office building in South Orange County is still in flux as long term plans are still being considered

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Surf City, Anaheim Apartments Trade for $50M+

HB Deal is Tops In City for 2021

Investors continue to be bullish about Orange County’s multifamily sector, with two projects trading in separate deals in Huntington Beach and Anaheim

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