REAL ESTATE: Spectrum lease triples current base
121K SF; growing medtech hub
Rexford, Greif Sell In Santa Ana, La Palma
Industrial properties in Orange County continue to trade at health prices, as evidenced by a pair of recently traded buildings that sold in separate deals for nearly $35 million combined.
Developers Building Homes on Excess Lots
Recent deals in Newport Beach’s Peninsula Point highlight an ongoing redevelopment trend in the high-end area, located at the tip of the Balboa Peninsula where some homes date back to the 1920s.
Denver, Nashville And Dallas Being Considered
Irvine-based healthcare property investor Healthpeak Properties Inc. (NYSE: PEAK), one of Orange County’s most valuable publicly traded companies with a market capitalization in excess of $14 billion, is considering moving its headquarters out of the state.
AUTOMOTIVE: Tustin spot near new HQ site
Rivian Automotive LLC has yet to sell its first pickup truck or sedan to the public, but the electric vehicle startup has already staked a notable claim among Orange County’s large and growing roster of automakers: it now has the second-largest local real estate presence of any car or truck manufacturer.