Katie Murar
Staff Reporter
Phone: 949-833-8373
Recent Stories
Luxe Homes’ Strong Start
High-dollar sales reboot, broker says
Trumark Sold to Japan Investor
Daiwa takes 60% of builder
Irvine Tower Redo Wraps
Bistango gets some work done
FivePoint Sells Homesites
The company closed on hundreds of homesites at Valencia
Midday Stock Roundup
Skyworks gets an upgrade
50K-SF Medical Office Planned for ATEP
2nd Building at Tustin Education Park
ACS Development Group Inc. plans to build a 50,000-square-foot medical office building in Tustin, the newest sign of construction at the Advanced Technology Education Park on the former Marine base.
Costa Mesa International School Gets OK
Former Trinity Broadcasting Site to Be Revamped
An overhaul of one of Orange County’s more recognizable buildings appears imminent, following a deal between the city of Costa Mesa and an international language education company.
Khoshbin’s Landing Site Trades for $40M
REAL ESTATE: Atkins buys on Mariner’s Mile
Local real estate executive Craig Atkins has added to his private commercial real estate portfolio by snapping up one of the more notable mixed-use properties along Mariner’s Mile in Newport Beach.
MCAS Tustin: 50K-SF Medical Office
New space coming to ATEP
Ex-TBN Site Work OK’d
Campus-to-campus; new culture, language lessons coming
Anaheim Hotels Gain
Huntington Beach saw declines in November
JWA Traffic Down
Flights dipped 16%
Hotel Development Strong
Openings, construction up in OC, statewide
MPCs Make List
Three of 50 master-planned communities were local.
Midday Stock Roundup
CareTrust gets a downgrade
Parke Miller’s Time: Lincoln Goes Big in 2019
REAL ESTATE: Active on all CRE fronts
Name a commercial real estate trend worth paying attention to in Orange County last year, and Lincoln Property Co. was likely involved—and in a big way.
Irvine Co.’s New Year’s Resolutions
2020 to Bring New Offices, Leasing Options
Orange County’s dominant landlord isn’t seeing a local slowdown on the horizon for 2020.
2020: Year of Lowered Expectations?
New Homes, Good Views in Demand
You don’t know what you have until it’s gone.
MBK, Rockefeller Add to IE Industrial Push
JV Working on Fontana Facility
Rockefeller Group, a commercial real estate group firm known for developing Rockefeller Center in New York, continues to go big on industrial in Southern California, and is bringing on a local firm to help it do so.
1.1M-SF Industrial Lease Struck in Buena Park
REAL ESTATE: Former J.C. Penney site filled
Orange County’s largest vacant commercial property is now spoken for.
Midday Stock Roundup
Active trading day for Endologix, Inc.
Person to Watch: Arte Moreno
Owner Arte Moreno of the Los Angeles Angels baseball team has a busy year ahead; not just with his team, which will be entering its 55th season starting in March.
Hotel to Watch: Monarch Beach Resort
What’s to come of the Monarch Beach Resort following its record-setting sale to Ohana Real Estate Investors LLC?
Person to Watch: Rebecca Campbell
With three hotels, two amusement parks and a retail and restaurant district, Disneyland Resort is OC’s top employer with 31,000 workers, and gets more than 20 million visitors a year.
Company to Watch: Greenlaw Partners
Irvine-based Greenlaw Partners, one of the area’s largest privately held real estate investors and developers, enters 2020 with a growing and diversified collection of properties and projects to its name, scattered across the county.
2020 Preview: HOSPITALITY & TOURISM
High Prices, Seller’s Market for OC Hotels
California hotel sales hit record highs in 2019, with Orange County experiencing its priciest hotel sale to date.
Food Hall for San Clemente’s Miramar?
Long-Shuttered Facility Trades for $7.9M
San Clemente’s historic Miramar Theater, long shuttered and long a source of speculation over its future, has a new owner and a shot at redevelopment.
Taylor Morrison Details Lyon Exec Changes
CEO Zaist to Take Consulting Role
More executive changes that will take place at William Lyon Homes (NYSE: WLH) in the wake of its forthcoming sale to Scottsdale, Ariz.-based Taylor Morrison Home Corp. (NYSE: TMHC) are beginning to be announced.
Panattoni Pays $32.4M For Tustin Site
REAL ESTATE: Industrial development expected
Tustin is expected to get its largest new industrial development in over a decade, following the purchase of a 10-acre site near the intersection of Jamboree Road and the Santa Ana (5) Freeway by Panattoni Development Co.
Historic Theater Could Become Food Hall
Beach town bowling alley part of the deal
The Business of the Boat Parade
Inside Newport Beach’s Signature Tourism Event
Brief, well-known trip not quite a 3-hour tour — but Oh! the history ...
Lyon Exec Moves, Post-Taylor Morrison Buy
Whither Zaist?
Midday Stock Roundup
Irvine-based ShiftPixy Inc. is down following its reverse stock split.
SchoolsFirst Doubles Riverside Campus
$26.5M for Offices Run By Waterford, Greenlaw
Santa Ana-based SchoolsFirst Federal Credit Union, the largest credit union in California, has doubled down on its real estate holdings for back-office operations in Riverside.
SteelWave’s Red Hill Road Trip Continues
REAL ESTATE: $72M buy its largest in OC
SteelWave LLC has upped its presence along Red Hill Avenue with the purchase of The Landing, a three-building Costa Mesa office complex.
SchoolsFirst Doubles Up, Twice
SchoolsFirst adding 250,000 SF in Riverside, Tustin
Amazon’s Industrial Push Spreads to Anaheim
REAL ESTATE: 1M SF inked in OC since October
Amazon’s rapid expansion into Orange County’s industrial market in the latter part of 2019 continues.
Midday Stock Roundup
Stock upgrade gives Skyworks Solutions a bump. (keep reading)
Revised Newport Village Plan on Track for 2020
Mariner’s Mile Project Size Cut in Half
The biggest commercial property owners in the Mariner’s Mile area of Newport Beach aim to have a scaled down redevelopment project for their land brought before the city’s planning commission in the latter part of next year.
Developer Buys Irvine Land for Banc Hotel
$33M Nabs 6-Acre Site Near Anduril
Irvine-based WGE Capital Group bought the land for its planned 700,000-square-foot mixed-use Banc Hotel project in Irvine, about a mile from John Wayne Airport.
Angel Stadium Sale to Boost Platinum Triangle Growth
SPORTS: $325M deal; development plans TBD
The biggest question surrounding the development of Anaheim’s Platinum Triangle over the past decade—the long-term status of its best-known occupant, the Los Angeles Angels of Anaheim—has, after years of uncertainty, a resolution.
Hotels Up Again
Newport Beach was tops for rates and room revenues.
Newport Village: 299K SF
Developers Mx3 Ventures and MSM Global Ventures revised downward their development plans for nine acres in the Mariner’s Mile area of Newport Beach.
Long Beach Airport Traffic Up 13%
Long Beach Airport traffic jumped 13% year-over-year in October; year-to-date traffic is still down.
Kimberly-Clark Site Trades for $202M
REAL ESTATE: Fullerton getting new logistics hub
One of the largest industrial facilities in Orange County, a 1.2-million-square-foot property in Fullerton long home to paper goods manufacturer Kimberly-Clark Corp., has traded hands for $202 million.
Angels Make $325M Deal With City
The tentative deal would keep the team in the city until 2050.
Midday Stock Roundup
U.S. indexes fell during midday trading following news of tariffs and a weak manufacturing report released Monday.
Monarch Beach Resort Sells for OC Record
REAL ESTATE: Ohana buys for nearly $500M
The Monarch Beach Resort in Dana Point has traded hands in the largest-ever hotel sale in Orange County, sources have told the Business Journal.
CRE Financing for Jabara’s Boardwalk Investments
$110M for 12 Assets; Chihuahua Turns One
Gary Jabara has refinanced part of his commercial real estate portfolio and received funding for several new buys through a $110 million deal with New York-based H.I.G. Realty Partners.
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