Katie Murar

Staff Reporter

Email: murar@ocbj.com
Phone: 949-833-8373

Recent Stories

Huntington Beach Office Sells for $97M

An 8.6-acre office and retail complex in Huntington Beach has sold for $97.3 million.

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Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 3,009.08.

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Downtown Anaheim Rental Site Trades

REAL ESTATE: 314 units, goes for $20M

One of the largest apartment development sites in downtown Anaheim has traded hands at a healthy per-acre price.

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TRI Pointe Group Getting New CFO

Co-Founder Grubbs To Step Down

Irvine-based TRI Pointe Group Inc. (NYSE: TPH), the largest homebuilder based in Orange County, is getting a new chief financial officer next year.

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UCI Health Expands Near Honda Center

64,000-SF Lease At Samueli Offices

UCI Health is relocating some departments from its flagship facility in Orange to the Arena Corporate Center in Anaheim after striking a 64,000-square-foot lease.

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A Leap Got Them Second Looks

Designing Couple on Restaurants, $23M Westin Long Beach Redraw

Conventional wisdom says “look before you leap.”

Office Is Where the Design Is

How WATG Draws Its Own Space

Dentists get cavities, developers buy houses; how do designers execute on their own plans—and spend their money?

TI Firms’ Gangbuster Growth Curve Continues

$1.3B Billings; 11% Sales Jump; 26M SF of Work

There appears to be no shortage of work for Orange County’s tenant-improvement contractors. The local market heated up last year after a slower 2017.

Designers Redraw Two Westins

Vanrooy Design LLC in Santa Ana follows-up interior design work on a $23 million Westin Long Beach renovation with similar efforts for the Westin Las Vegas.

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Mitsubishi Markets 178K-SF HQ

Mitsubishi Motors is selling its Cypress headquarters as part of a planned move to Tennessee.

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Happy Money Gets Happy Feet

FINANCE: OC fintech moving to Tustin’s Flight

A Costa Mesa personal finance company is growing by all metrics, making strides to become among the top fintech companies in Orange County, joining the likes of Irvine-based Acorns Advisers LLC.

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Midday Stock Roundup

The S&P 500 was down 0.6% to 2,971.93 during midday trading.

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Santa Ana Apartment Development Sells for $101M

228-Unit Project Opening This Year

A 228-unit apartment project under construction in Santa Ana has sold for north of $100 million to a private investment firm.

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Invesco Lists 2 Aliso Offices

169,315 SF Along Polaris Way

The local office of Dallas-based Invesco Real Estate is selling part of its office holdings in Aliso Viejo.

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Mitsubishi Selling Cypress HQ

178,000-SF Building Is Second Largest in City

Mitsubishi Motors is selling its Cypress headquarters as part of its relocation to Tennessee.

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Santa Ana Building Goes for $55M

REAL ESTATE: Airport area property is third to sell since May

A 216,864-square-foot Santa Ana office building has traded hands for about $55 million, marking one of the largest investment sales in Orange County this year.

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TRI Pointe CFO Grubbs to Retire

Irvine-based TRI Pointe Group Inc. (NYSE: TPH) said Monday its chief financial officer, Mike Grubbs, will step down at the start of next year.

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Starboard Lists Newport Crossings Development Site

350 Units Proposed; Recent City Approval

Starboard Realty Partners in Newport Beach is looking for a buyer of the 350-unit Newport Crossings project proposed in its hometown.

NBA’s Summer League in Vegas Run from Costa Mesa

SPORTS: Hall Pass preps 15th edition

With the closest team 40 miles away and Newport Coast’s Kobe Bryant retired, Orange County’s connection with the National Basketball Association these days isn’t obvious.

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Edwards Kicks Off Nearly $240M Campus Expansion

REAL ESTATE: Project will add 500,000 SF, jobs

Orange County’s largest publicly traded company now has the largest office development underway in the area around John Wayne Airport.

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Voit’s Broker-Owned Model Adds to Company Culture

Camaraderie Over Ball Games, Happy Hours

Next week, the brokers and other staff members at Voit Real Estate Services will take a break from their regularly scheduled work day to head to the Laguna Cliffs Marriott Resort & Spa not for a real estate conference, but a companywide retreat.

Prologis Pays $44M for Westminster Park

2nd Largest OC Deal This Year for Industrial Giant

Prologis Inc. is continuing to bet on Orange County.

Home2 Suites Hotel Gets Loan, Starts Work

$15.5M in Financing; 1st in OC for BN Group

An extended-stay hotel proposed a few years ago has broken ground in Garden Grove, and could open next year after getting financing.

Saddleback Medical Building Secures Largest Tenant

Harvard Eye Associates Inks 27,000-SF Deal

The Saddleback Medical Building in Laguna Hills has secured its largest tenant, after the 136,000-square-foot medical office completed a major renovation.

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Long Beach Airport Traffic Down 12%

Long Beach Airport traffic dropped 12% year-over-year in May to 305,300 passengers.

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Airport Traffic Up, Flights Down

Airport traffic is up at John Wayne Airport on fewer flights.

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Midday Stock Roundup

The S&P 500 was flat at 2,950.93 during midday trading.

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Melia Homes Pushes Into Multifamily

Development, Buys Alongside Homebuilding

Melia Homes is the latest mid-sized builder here looking to diversify its revenue streams by upping its multifamily investment and development in Orange County.

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Equity Office Sales Push: Echoes of 2007 in OC?

REAL ESTATE: Santa Ana tower sales total $137M

Equity Office Management LLC is on a sales push in Orange County, again.

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Midday Stock Roundup

The S&P 500 was up 0.2% in midday trading to 2,893.28.

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Lincoln Property’s Shared-Space Strategy: Diversification

COWORKING: Makes first OC deal with WeWork

The local office of Dallas-based landlord Lincoln Property Co., which has quickly built one of Orange County’s largest office portfolios outside Irvine Co. the past few years, is embracing the coworking revolution.

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Rental Firm Tricon American Goes Big

New Tustin HQ Along Red Hill Avenue Four Times Previous Size

As Tricon American Homes, a spinoff of Canada-based Tricon Capital Group that rents out single-family homes, has quickly grown operations in Orange County, it has struggled to find a home of its own.

Brandywine’s Record Year Defies National Trends

Irvine Builder Doubled Revenue in 2018

Homebuilders faced a tale of two markets in 2018: strong demand in the first half of the year downgrading to a slowdown in latter months, challenging Orange County homebuilders both public and private.

Pacifica Hotels’ Next Gen Has National Growth Plans

Aliso Viejo Hospitality Company Looks to Double Portfolio

When Matt Marquis joined his father’s company, Santa Barbara-based Invest West Financial Corp., two decades ago, Dale Marquis realized that his eldest child may have started a trend.

MadaLuxe Lists Seal Beach Headquarters

Luxe Goods Co. Paid $10M In 2007; Leaseback Sought

Luxury goods distributor MadaLuxe Group is selling its headquarters in Seal Beach in a leaseback deal.

Car Condos Planned For Karma’s Old HQ

Costa Mesa Site Near JWA Will Get 32 Luxe Units

The former Costa Mesa headquarters of luxury electric carmaker Karma Automotive has traded hands again, with the new buyer planning to build an automotive-focused facility at the industrial building near John Wayne Airport.

Spectrum Buildings Hit Higher Gear

DEVELOPMENT: Irvine Co.’s Latest: Luxe Offices, Higher Rents

Irvine Co. is bringing some Silicon Valley chic to its latest office park in the Irvine Spectrum.

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Midday Stock Roundup

Major U.S. indexes rose Monday after President Donald Trump suspended plans for tariffs on Mexico.

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PIMCO Eyes Deals Across the Pond

$76M for Troubled Retail Assets in UK

Pacific Investment Management Co.’s planned $1 billion initial public offering for a new real estate investment trust has been postponed for nearly a month without word on a potential reboot, but the Newport Beach investment giant is still keeping a close eye on real estate opportunities.

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Brookhollow Lists Santa Ana Complex

Bought Pacific Center in ’15

Costa Mesa-based Brookhollow Group is looking to sell its Pacific Center office complex in Santa Ana for more than double what it paid for the property in 2015.

Demand for Apartment Development Remains Strong

Over 5,000 Units Underway in OC

If there’s an end in sight to Orange County’s apartment construction boom, no one told the developers.

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Commercial Development Activity Ticks Up

4.2M SF in Past Year; Retail Still a Question

Office projects continued to drive commercial development in Orange County last year, and not just in the county’s largest office market.

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Construction Firms Report 6% Jump

Steady Growth Expected to Continue

Revenues for Orange County’s largest commercial construction companies reached a new post-recession high last year.

Green Street Advisors Sold

Deal Will Support Growth At NB Firm, CEO Says

Newport Beach real estate data and analytics firm Green Street Advisors LLC is being sold to a New York private equity firm on undisclosed terms.

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The Happiest Place on Batuu, and Anaheim

TOURISM: D’Amaro’s job: maintaining legacy

Inside Oga’s Cantina at the brand new Star Wars: Galaxy’s Edge attraction, Disneyland Resort President Josh D’Amaro is relaxed.

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Midday Stock Roundup

The S&P 500 was down 0.5% in midday trading to 2,738.75.

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Pendulum Taps RiverRock for Liberty Station

Paid $160M For San Diego Retail

Two local real estate firms are partnering up to run the main retail portion of San Diego’s mixed-use Liberty Station development in Point Loma.

Rentals, Retail Proposed for Ricoh Santa Ana Site

HOUSING: Arrimus proposes 1,150 Units

A nearly 15-acre industrial campus along Red Hill Avenue in Santa Ana, long used by Ricoh Electronics Inc., is being eyed for a large apartment project by its new owners.

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OCC Athletics Project Starts

90,000-SF Athletic Complex Underway, $36M

Orange Coast College has started another new development at its 160-acre campus in Costa Mesa—home to Orange County’s third-largest college by student count.

REVIEW: A First Take on Galaxy’s Edge

It’s easy to forget you’re in Disneyland as you walk through Star Wars: Galaxy’s Edge.

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