An 8.6-acre office and retail complex in Huntington Beach has sold for $97.3 million.
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.
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.
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.
Designing Couple on Restaurants, $23M Westin Long Beach Redraw
Conventional wisdom says “look before you leap.”
How WATG Draws Its Own Space
Dentists get cavities, developers buy houses; how do designers execute on their own plans—and spend their money?
$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.
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.
Mitsubishi Motors is selling its Cypress headquarters as part of a planned move to Tennessee.
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.
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.
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.
178,000-SF Building Is Second Largest in City
Mitsubishi Motors is selling its Cypress headquarters as part of its relocation to Tennessee.
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.
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.
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.
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.
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.
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.
2nd Largest OC Deal This Year for Industrial Giant
Prologis Inc. is continuing to bet on Orange County.
$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.
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.
Long Beach Airport traffic dropped 12% year-over-year in May to 305,300 passengers.
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.
REAL ESTATE: Santa Ana tower sales total $137M
Equity Office Management LLC is on a sales push in Orange County, again.
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.
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.
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.
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.
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.
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.
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.
Major U.S. indexes rose Monday after President Donald Trump suspended plans for tariffs on Mexico.
$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.
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.
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.
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.
Steady Growth Expected to Continue
Revenues for Orange County’s largest commercial construction companies reached a new post-recession high last year.
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.
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.
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.
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.
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.
It’s easy to forget you’re in Disneyland as you walk through Star Wars: Galaxy’s Edge.