LAKE FOREST, CA-The tenant, Trend Micro, will take 31,144 sf of flex-office space in the Lake Forest project. The transaction follows another recent Palm Terrace lease, as activity continues to heat up in Lake Forest.
IRVINE, CA-The locally based financial services firm has arranged financing for the acquisition of a Newport Beach commercial office building. Developed by CT Realty Corp. in 1999, the building continues to serve as the company's headquarters.
LAKE FOREST, CA-The 15,439-sf facility will be occupied by an Irvine-based marketing company. Activity in Lake Forest's industrial sector has begun to heat up in recent weeks.
IRVINE, CA-The class A office facility is located in the 43-acre Hutton Centre project. Although the financial terms of the deal were not disclosed, the building's asking price was $34 million.
LOS ANGELES-The 52-unit West Covina facility has been purchased by Nijer Realty. Multifamily product continues to attract investors, as this sector remains strong despite the shaky economy.
ANAHEIM, CA-The building encompasses 17,571 sf. It is the second industrial transaction to occur in Anaheim in the past week, as the decline in the county's manufacturing sector has begun to ease up.
NEWPORT BEACH, CA-The locally based real estate developer has begun construction at Hawaii 601, which will encompass 50,000 sf of class A office, creative, assembly or R&D space upon completion.
IRVINE, CA-The Irvine-based engineering firm is planning to build the facility on a 2.36-acre parcel, which it has purchased for $2.5 million. The company is relocating from another site in the Irvine Spectrum.
TUSTIN, CA-The Laguna Hills-based developer has paid $10.1 million for the property, which is approximately 95% occupied. Location was a major incentive in the decision to buy.
ANAHEIM, CA-The building, which encompasses 22,102 sf, has been purchased by Specialty Restaurants Corp. It is the latest in a rash of industrial transactions to occur across the county, as the decline in manufacturing activity has begun to ease up.