FULLERTON, CA-Turner Development Corp. acquires the 31,500-sf call center, which is fully occupied by Federal Express. Built in 1969, the Fullerton facility underwent a massive renovation in 1995.
ORANGE, CA-Anderson Holding & Investment Co. sells the 11,200-sf industrial building, which is located here. Although Orange County's industrial market is fairly diverse, it too has been adversely affected by the weak economy.
ORANGE, CA-The Orange office of the commercial real estate firm says a 228,423-sf industrial building in Ontario has been leased. The new space will allow the tenant, Calico Brands, to expand its import-export business.
GARDEN GROVE, CA-Bill Grace, president of Southland Claims Service, pays $1 million for the facility. With a turnaround in the office market not expected until mid-year, it is these smaller transactions that have been keeping local brokers busy.
ORANGE, CA-Master Financial Inc. is opening two new offices in Indiana and Colorado. The openings mark the first step in the Orange-based mortgage banking corporation's national expansion, according to company officials.
SANTA ANA, CA-A financial planner snaps up the building, which encompasses 9,658 sf. Activity has slowed considerably in the county's office market, as industry experts do not anticipate a turnaround to occur until the middle of this year.
ORANGE COUNTY, CA-Two office deals have closed in Orange County, the latest in a string of relatively small "bread-and-butter" transactions that have kept local brokers busy in recent months. The transactions include a 7,257-sf office lease in Costa Mesa and a 4,737-sf office lease in Irvine.
FULLERTON, CA-The project will encompass 174,026 sf upon completion, which is slated for November 2002. Designed to accommodate a 10-year projected growth, the new facility will replace Hydraflow's current location in Cerritos.
IRVINE, CA-The Irvine-based real estate investment firm has opened an affiliate office in Palm Springs. The new team will include commercial real estate agents Bill Duff, Roberleigh Haig, Michael Kassinger and John Stiles.
TUSTIN, CA-The Hamilton Co. pays more than $7 million for the 85,514-sf office facility. The two-story building was vacant at the time of sale. Industry experts don't foresee a turnaround in the county's office market until mid-year 2002.