857,000 SF of Industrial In Georgia, Texas
Newport Beach-based Bixby Land Co. is bulking up its industrial portfolio outside of California.
3.4M SF of US Offices Back REIT
Newport Beach-based KBS Realty Partners expects to place an 11-property collection of offices into a new real estate investment trust whose shares will be traded on Singapore’s stock exchange.
REAL ESTATE: Ocean Plaza first in OC for Onni
Huntington Beach’s Ocean Plaza office and retail center has traded hands for $97.3 million, the second-largest commercial property sale of the year in Surf City.
HOMEBUILDING: Former Stearns CEO in charge
Newport Beach-based William Lyon Homes (NYSE: WLH) has launched a title insurance, settlement and mortgage agency in part through the acquisition of Irvine’s South Pacific Financial Corp.
REAL ESTATE: Gemdale’s first local project; 272,000 SF
A Pasadena-based real estate investor with financial backing from China has proposed building a pair of creative offices along Barranca Parkway in Irvine, across the street from the Tustin Legacy development.
Land Sale Complete; Will Hold 750 Workers
SchoolsFirst Federal Credit Union, the largest credit union in California, has been given the go-ahead to build a new corporate headquarters facility in Tustin, and expects a big hiring push as a result.
SchoolsFirst Federal Credit Union got the city of Tustin’s nod to build its new corporate headquarters.
Newport Beach-based Bixby Land Co. bought nearly 900,000 square feet of industrial space in Atlanta and Dallas on undisclosed terms.
Current hotel development in Orange County is nearly double what it was last year, according to a new report.