Katie Murar
Staff Reporter
Phone: 949-833-8373
Recent Stories
Santa Ana’s Two MacArthur Tower Trades for $98M
18% premium for Santa Ana office last sold in 2019
Deal marks a sign of confidence for the local high-rise office market, as it represents an 18% premium for the seller
Super 73’s New Ride
Expanding E-Bike Maker Taking Over Irvine Space From Anduril
Expansion needed as Super73 revenue doubled in 2020, and is expected to double again this year
Auto Parts Maker Inks 105K-SF Brea Lease
Expands, Relocates Tustin HQ to North County
AMP Research inked a 104,915-square-foot industrial deal that nearly doubles the company’s OC footprint with 10-year lease
Balboa Island Home Trades for $9.5M
Constrained Inventory For Bay-Front Properties
Eight homes priced between $10.6 million and $33.9 million sold last month for a total sales volume of $139.5 million
The Pull of The Press: Medical Office Sees Bump in Value
Former Cooking School Converted After ’19 Sale
Meridian’s move to convert vacant building near one of OC’s biggest office developments into a medical office property has paid off
Waterford Pays $206M for 2 Orange Rental Complexes
Adds to essential housing push
Waterford involved in eight large apartment complex acquisitions totaling 2,022 units and more than $1.2 billion in Southern California since the end of 2020
Oil Spills Into OC’s Tourism Market
HOSPITALITY: Leak impacts events, economy
Last week’s oil spill sent an estimated 126,000 gallons of heavy crude oil into the Pacific Ocean near the Huntington Beach coastline
Buchanan Street Adds to Texas Apartment Portfolio
900 Units in State Bought Over Past Year
Firm is bullish on growing markets like Texas and Colorado as OC multifamily market has not been a source of deals as of late
IPO Underscores Rivian’s Real Estate Footprint
5M SF of Owned, Leased Properties for EV Firm
Rivian has been rapidly expanding its real estate portfolio inside—and outside—of Orange County since relocating its headquarters from Michigan to Irvine last year
Goodman Pays $128.3M For Cypress Office Park
Industrial eyed for site near Katella Avenue
Goodman Group plans for industrial project development after purchase of one of the largest business parks in the city of Cypress
Midday Stock Roundup
STAAR Surgical down 8%
Intracorp Breaks Ground on 1st IBC Rental Project
178 Units Planned For 2055 Main St.
Fourth development in the Irvine Business Complex for Intracorp, leasing expected to begin in summer of 2023
Koll Co. Profits Off $55M of Industrial Transactions
Investment Swing Continues For Irvine Developer
Company spent north of $100 million in the sector this past year, adding 700,000 square feet to its West Coast portfolio
Office Parks in Flux
Industrial Developer Rexford Plots a Waiting Game After $192M of Local Buys
Rexford Paid $192 million for a trio of Central Orange County properties, in one of the largest commercial real estate acquisition pushes seen locally this year
Midday Stock Roundup
Vizio up on favorable Barron's report
Toolmaker’s Orange HQ in Line for Industrial Development
$31M of New OC Buys For LA’s Staley Point
Investors continue to be bullish on Orange County industrial opportunities, with redevelopment plans underway for a 3-acre parcel in Orange
Anaheim’s Apartment Lure Continues: $146.5M for Oasis Complex
$470K Per Unit; Next To Canyon Metro Station
Anaheim continues to be Orange County’s hub for blockbuster multifamily deals this year
High-End Home Market Remains Tight, Sellers Consider Price Hikes
Low Inventory Prompts More Bidding Wars
Low inventory coupled with low interest rates and strong demand for homes in Orange County has created the perfect storm for patient sellers
Khoshbin Co. Snaps Up Former Trinity Building
Plans for education campus scrapped
Sale marks the latest chapter to the campus, which has seen canceled plans and several ownership changes over the past four years
Woodside Credit Floors It
Auto lending firm surpasses $2B in volume
Woodside Credit has collected a growing base of car-loving customers as pandemic brought in more interest for auto travel
Midday Stock Roundup
GAN Ltd. down 7.8%
WaBa Grill to Move HQ to OC
Restaurant Chain Buys Anaheim Office
WaBa Grill to ramp up OC footprint after a record year in 2020, with total system sales up 3%
All Fun and Games for P&P Imports
Consumer Goods Distributor Surpasses $100M in Revenue
Real estate expansion in the works as the now 50-employee operation continues to grow; reported $104 million in 2020 revenue
CapRock Starts Large Spec Project in Phoenix
Logistics Campus Will Span 3.4M SF
Newport Beach-based CapRock Partners recently started development on what it’s calling the largest speculative industrial real estate project on record for the city of Phoenix
Midday Stock Roundup
Viant Technology down nearly 10%
Pimco to Buy Office REIT in $2.2B Deal
6M SF in Portfolio Of Columbia Property Trust
Recent push by Pimco to grow its private strategies platform, which includes opportunistic real estate equity and private lending efforts
Flying Taxi Company Overair Doubles Santa Ana Footprint
109K-SF lease; new Butterfly design
Further expansion planned for local footprint in the coming years as Overair ramps up vehicle operations and increasing hiring
San Clemente Estate Trades for $34M
2nd Among OC Sales; Near Casa Pacifica
Second-priciest reported home sale in Orange County this year, trailing the $41 million deal in March for 28 Midsummer in Crystal Cove
Glidewell Laboratories Adds to Portfolio, Via Lease
Former Ceradyne Spot; New Asset of BLT
OC’s largest dental products maker is continuing to grow its real estate portfolio of owned—and leased—properties around John Wayne Airport
Biden Announces New Vaccine Mandate
Rule applies to private sector, healthcare and federal workers
Mike McKee Keeps TGR Foundation up to Par
Philanthropy Drive
McKee perhaps best known locally as Donald Bren’s right-hand man as the one-time chief executive of the Irvine Co.
Apollo Completes Acquisition of New Home Co.
Scottsdale-based homebuilder now private company
Irvine Co. Reports Success in Flex Office Leasing
750K SF in Leases Over Past Year
Flex Workspace office leasing program that launched pre-pandemic, offering shorter-than-normal lease terms for tenants, is seeing robust demand as companies adjust to pandemic changes
Tait & Associates Aims to Shape County’s Future
SERVICES: Part of Newport Coast, Dana Point projects
Tait & Associates expansion strategy will increase company activity outside of California, but has Orange County plans for opportunity and growth
Taco Bell HQ Trades for $159M
REAL ESTATE: Tops for 2021; Taiwan buyer
Strong sign of returning investor optimism for leased offices in Orange County as the sale tops OC office deals in 2021 by price
Passco on Track for Record Acquisition Year
Nearly $500M in Rental Buys for First Half of Year
Passco Companies said it is targeting a record amount of $1 billion in multifamily acquisitions in 2021
Family, Safety First at Blue Buoy Swim School
SPORTS: Counts ties to numerous Olympians
Churning out Olympians isn’t the goal at Blue Buoy Family Swim School but hasn’t kept the school from doing just that
Sunstone CEO John Arabia Resigns
Chairman Douglas Pasquale named interim CEO
Midday Stock Roundup
Healthcare firms up
A Step Back, and Forward, for FivePoint’s Haddad
REAL ESTATE: Exec changes for Irvine developer
Emile Haddad’s bigger picture ties in with his larger goal of creating model cities of the future, with social equity in mind
Ziggurat Building Inches Towards Redevelopment
Area Subcontractor Downsizes; Uses for 92 Acres Undecided
The future of the largest office building in South Orange County is still in flux as long term plans are still being considered
OC Employers Vary On Office Return Plans
ECONOMY: Wellness, collaboration debated
A variety of Orange County employers from different industries gauge how they are navigating a potential return to the office
Timeshare Tower Moves Ahead at Disneyland Hotel
344-unit Addition To Resort Area
Disney in discussions with Anaheim to kick off construction later this year for the new tower; estimated delivery date in 2023
Surf City, Anaheim Apartments Trade for $50M+
HB Deal is Tops In City for 2021
Investors continue to be bullish about Orange County’s multifamily sector, with two projects trading in separate deals in Huntington Beach and Anaheim
Nearly 2M OC Residents Fully Vaccinated
Cases show signs of decreasing
Breaking: Emile Haddad to Step Down as FivePoint CEO
Lennar’s Miller to be executive chairman; Jochim named president
Midday Stock Roundup
Kura Sushi up 8.5%
Food Storage Co. Expands in Surf City
REAL ESTATE: 434K-SF lease for Cambro Manufacturing
Sares Regis Group has signed on a large local tenant for the next phase of its Huntington Gateway Business Park in Surf City, sources say
New Glaukos HQ Trades in $620M Portfolio Sale
REAL ESTATE: IRA sells 29-building portfolio to Nuveen
An Aliso Viejo office complex that will next month house the headquarters and other operations of eye-focused device and drugmaker Glaukos Corp. has traded hands again
Ex-Irvine Co. Rental Exec Launches Firm
REAL ESTATE: Workforce housing focus for Cherry Tree
Focused pursuit in ground-up development opportunities and a goal of owning about 10,000 multifamily units within the next five years
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