LAGUNA HILLS, CA-Encompassing 44,797 sf, the office property is currently occupied by the County of Orange and State of California. The Orange County office market remains weak, as vacancies here are on the rise.
ANAHEIM, CA-Industrial Plastic Supply Inc. is the buyer. The seller is Cal West Industrial Properties LLC. The deal is valued at $1.5 million. As industrial activity continues to cool in many other regions of Orange County, Anaheim has been holding steady.
LOS ANGELES-The not-yet-completed building is 75% leased to Merrill Lynch, Nortel, Met Life, Chase Manhattan Mortgage, American Title Co. and Coast View Capital. Transactions are said to be pending for another 6% of the building
GARDEN GROVE, CA-An LLC acquires the 40,480-sf industrial facility, which is occupied by Time Warner Communications Television and Services. The Garden Grove industrial sector experienced a negative net absorption of 172,863 sf in the first nine months of 2001, according to research by Cushman & Wakefield.
TUSTIN, CA-Private investor John R. Saunders snaps up a three-building, 138,591-sf property. that is 94% leased. The seller was Hartford, CT-based UBS Realty Advisors.
TUSTIN, CA-A private investor snaps up the 138,591-sf property. The three-building complex was 94% occupied at the time of sale. The Tustin office sector has experienced a negative net absorption of 3,477 sf for the first three quarters of 2001.
SANTA ANA, CA-The Santa Ana industrial building will serve as the headquarters for Adams Iron. It is one of nine facilities that comprise the Santa Ana Business Center.
SANTA ANA, CA-Two more buyers snatch up buildings in the industrial complex. The deals are worth a total of more than $2 million. The Santa Ana Business Center is comprised of nine industrial buildings ranging in size from 7,900 sf to 43,484 sf.
LOS ANGELES-The project entails interior improvements at the Hilton Burbank Airport & Convention Center. It will cap off a year of renovations at the 50,000-sf Hilton property.
ORANGE COUNTY, CA-Activity in the county's industrial sector has slowed dramatically over the past year, according to new research by Colliers Seeley. This year's third quarter wrapped up with a mere 2.7-million sf in sales and leasing activity, as compared to 5.7-million sf for the same period in 2000.