IRVINE, CA-The manufacturer of electronic components inks a five-year lease to move its headquarters into a 44,000-sf R&D space. The deal is valued at $1.6 million.
WESTMINSTER, CA-The 68,708-sf warehouse was built specifically for The automobile Club of California, which it has been leasing since last spring. The buying group includes a board member of Bixby Land Co.
IRVINE, CA-The Bascom Group LLC pays $17.7 million for the San Bernardino multifamily property, which it plans to renovate. Investors are still eyeing the Inland Empire's multifamily sector, as population growth in the region is still healthy.
BREA, CA-The Orange County-based trust pays $2.8-million for the property known as Birchbrook Office Park. The building is 95% occupied is a region where the office vacancy rate hovered around 14.9% at the close of the third quarter.
LOS ALAMITOS, CA-The 23,100-sf complex in this upscale community is 100% occupied and anchored by a Radio Shack. Another private investor recently snatched up a Fountain Valley retail complex.
IRVINE, CA-The Ontario, CA property, which is owned by developer Wilson Income Properties, includes a 143,520-sf warehouse and distribution center, a 9,600-sf maintenance building, a 1,800-sf truck wash and 9,900 sf of office space.
LAKE FOREST, CA-The two-story commercial property was 98% occupied at the time of sale. Major tenants include KinderCare, Abigail Abbott Staffing Services, Chiquita Brands Co. and World Savings.
NEWPORT COAST, CA-The San Francisco-based financial services company will occupy 4,631 sf of retail space on Newport Coast Drive. Wells Fargo plans to open a full service bank here.
LAKE FOREST, CA-Southwood Pharmaceuticals will relocate to the Lake Forest R&D building in February. The fast-growing company is moving from the Irvine Spectrum, where it occupied a smaller space.