ALISO VIEJO, CA-Construction of the upscale multifamily complex, City Lights, is more than halfway finished, as completion of Phase I wraps up. The project's first phase consists of five, four-story apartment buildings, a five-level parking structure and a clubhouse.
ANAHEIM, CA-An Orange County-based partnership scoops up the Anaheim Chamber of Commerce Building, which stands at 100 S. Anaheim Blvd. The 49,251-sf property was 100% leased at the time of sale.
CYPRESS, CA-The company, MCSi, signs a five-year lease for office and R&D space in the Cypress Business Park. The transaction is valued at $1.7 million.
FONTANA, CA-Toy manufacturer Bandai will occupy 323,660 sf in the Jasmine Distribution Center. The new facility will better accommodate the company's growing space needs.
LAGUNA NIGUEL, CA-The company inks a five-year lease for retail space in The Center at Rancho Niguel. It plans to open a residential brokerage office here.
SANTA ANA, CA-A manufacturer of lubrication and filtration solutions acquires the 15,212-sf building. It plans to use the property as a manufacturing facility.
ORANGE, CA-The Orange-based provider of title insurance services expands in San Diego County, with the establishment of a fourth escrow branch here. The company currently has 93 branch offices in Arizona, California, Nevada and New York.
LAKE FOREST, CA-A REIT pays nearly $17 million for the recently constructed 100,000-sf, two-building office complex. The property is net leased to Apria Healthcare Group Inc. through January 2012 at a current annual net rent of $1.56 million, which increases by 3% per annum.
ANAHEIM, CA-The expansion of the Caliber Motors Inc. Mercedes-Benz Center, which began in July of last year, is now complete. The new addition consists of a 37,000-sf automobile service building with rooftop parking
BREA, CA-The real estate services and investment management firm is chosen to manage Fairway Center, a 280,000-sf complex in Brea. The property consists of two class A facilities, the first which was completed in 1987 and the second which is in its final phase of construction.