The Palms Apts Sell for $7.6M
A private investor acquired the 40-unit The Palms Apartments at 1724-1736 W. Ball Rd. in Anaheim, CA from Wilshire Unlimited PM LLC for $7.63 million, or about $191,000 per unit. Built in 1959, the...
View ArticleTPG’s New Boutique Exercise Brand to Open HQ in Irvine
A boutique fitness franchise recently created by private equity giant TPG has chosen Irvine, CA for its corporate headquarters. TPG’s Xponential Fitness leased 26,273 square feet at 17877 Von Karman...
View ArticleRohe Joins Kidder Mathews in Orange County
Brandon Rohe has joined Kidder Mathews as a vice president. Based in the firm's Irvine, CA office, Rohe will continue specializing in the sale and leasing of industrial properties throughout Southern...
View ArticleCBRE Global Investors Acquires Irvine Office Bldg for $120 Million
Downtown Los Angeles-based CBRE Global Investors scooped up 2600 Michelson Dr., a 16-story office building in Irvine, CA, for $120 million, or about $390 per square foot, from Ocean West Capital...
View ArticleNewport Beach Retail Sells for $5.8M
Pizza Nova PCH LLC purchased the retail building at 2601 W. Coast Hwy in Newport Beach, CA for $5.75 million, or about $1,867 per square foot. The single-story retail building, located on a...
View ArticleIrvine Flex Property Sells for $4.1M
Mad Engine, Inc. acquired the flex building at 7 Studebaker in Irvine, CA for $4.1 million, or about $256 per square foot, from Blanco Investments. Built in 1982 on nine-tenths of an acre, the building...
View ArticleColliers Signs New Head of Investment Services for Western Region
Industry veteran Mike Kendall has joined Colliers International as an executive managing director of investment services for the firm's Western region. Based in Irvine, Kendall will focus on growing...
View ArticleAnaheim Hotel Sold by Trustee for $26M
The 190-room Portofino Inn & Suites hotel in Anaheim, CA has been sold by a trustee for $26 million, after its prior owner defaulted on a $36 million loan on the property located at 1831 S. Harbor...
View ArticleKearny Real Estate Buys Santa Ana Buildings for $34.8M
While Santa Ana, CA may not be the most active submarket in Orange County, it is still attracting investors due to its location and affordability, as evident in the sale of 3100 - 3130 Harbor Blvd....
View ArticleIrvine Industrial Sold for $9M
Natura City LLC purchased the industrial building at 2602 McGaw Ave. in Irvine, CA for $9 million, or about $367 per square foot, from Grimmway Management. The industrial building, located on a...
View ArticlePacific Park R&D Facility Sold for $13.7M
BLT Enterprises, a multi-faceted real estate investment company, sold the R&D building at 15 Argonaut in Aliso Viejo, CA for $13.71 million, or about $330 per square foot, to a group of private...
View ArticleEngineered Floors Renews 127,000-SF Industrial Lease in Fullerton
Engineered Floors signed a lease renewal for its 127,375-square-foot space in the industrial building at 675-679 S. Placentia Ave. in Fullerton, CA. The two-story, 254,750 square-foot industrial...
View ArticleGarden Grove Industrial Sells for $6.1M
Fine Realty, Inc. purchased the industrial building at 7180 Lampson Ave. in Garden Grove, CA for $6.05 million, or about $154 per square foot, from CapRock Partners. Built in 1978, the...
View ArticleTwo Trusts Trade Mission Viejo Village Plaza
A family trust sold the Mission Viejo Village Plaza at 25280-25282 Marguerite Pky in Mission Viejo, CA to a living trust or $11 million, or approximately $297 per square foot. Constructed in 1975, the...
View ArticleMadison Square & Garden Cafe in Laguna Beach Sold for $5M
Laguna Beach FL Management, Inc. purchased the freestanding retail building at 320 N. Coast Hwy in Laguna Beach, CA from a private trust for $5 million, or $2,500 per square foot. The single-story...
View ArticleLakeshore Village Marketplace Sells for $5.7M
A local investor acquired the Lakeshore Village Marketplace at 23571-23581 Sunnymead Ranch Pky in Moreno Valley, CA from a private trust for $5.73 million. The 86,098-square-foot retail center was...
View ArticleBixby Land Promotes Hill to President
Newport Beach-based Bixby Land Co. has tapped Aaron Hill to be its new president. Bill Halford, who has served as president and chief executive officer since 2006, will remain as CEO. Hill most...
View ArticleIrvine Office Bldg Sells for $10M
Burke Real Estate Group, Inc. sold the office building at 17891 Cartwright Rd. in Irvine, CA to a private investor for $10 million, or about $355 per square foot. Built in 1983, the two-story building...
View ArticleEphesoft Signs 15,000-SF Office Lease in Irvine Spectrum
Irvine continues attracting businesses with software company Ephesoft being one of the latest to set its sights on the increasingly popular area. Ephesoft leased an entire 15,000-square foot office...
View ArticleBixby, AXA Teaming Up to Acquire $400 Million in Western US Logistics Properties
Bixby Land Co., which is partnering with AXA, recently acquired a nearly 150,000-square-foot logistics facility in Phoenix's West 10 Business Center. Newport Beach, CA-based Bixby Land Co. has teamed...
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