Orange County
Prologis Snaps Up OC Industrial Property for $55M
CBRE’s National Partners West Coast team represented Institutional Advisor, the seller of the 307,781-square-foot warehouse and distribution building at 50 Icon in Foothill Ranch, Calif.
Orange County Business Center Commands $73M
PS Business Parks sold five multi-tenant buildings in Santa Ana, Calif., divesting itself of approximately 437,000 square feet of office space.
Top 10 California Office Deliveries in 2017
The Golden State’s office market continues to boom, thanks in part to smart development activity. In 2017, more than 2 million square feet of space came online in Los Angeles, while San Francisco added about 1.4 million square feet.
KBS Nabs $147M Orange County Office Tower
The new owner of City Tower is set to embark on a renovation program that includes upgrading the exterior and the addition of a fitness center.
Abbey Nails Down $229M Bridge Funding on Retail Portfolio
Represented by law firm Sklar Kirsh, the company recapitalized a 27-property portfolio in California. The assets total 2.1 million square feet of space scattered across Los Angeles, Orange, Riverside, San Bernardino, Fresno and Kern counties.
Airbnb’s Life After New Regulations
As the new law requiring hosts to register with the city went into effect in San Francisco, the room-sharing company had no choice but purge more than 4,500 listings. How has this impacted the local short-rental business, compared to other California metros?
Morgan Opens Pearl La Floresta in OC
The 204-unit community located in Brea, Calif. is now available for leasing. The asset marks the first Pearl development in Orange County.
Granite Investment Names New President
Ken Hocker will be responsible for overseeing day-to-day operations, as well as for the development and implementation of the company’s strategic plan.
NKF Capital Markets Closes Sale of OC Retail Center
Inland Real Estate Acquisitions has purchased Rusty Leaf Plaza, a Target-anchored shopping center in Orange, Calif., for $32 million.
OC Office Campus Undergoes Transformation
Lincoln Property has begun the renovation of a 150,000-square-foot facility in Los Alamitos, Calif. The property consists of two buildings that were constructed more than four decades ago.