COSTA MESA, CA-Back Bay Center LTD snaps up the mixed-use property, which was 98% occupied at the time of sale. The complex encompasses 35,300 sf of retail and 17,700 sf of office space.
ALISO VIEJO, CA-The joint venture between Fluor Corp and Duke Energy Corp. will construct a 600-megawatt facility in New Mexico, a 620-megawatt facility in Washington and a 1,200-megawatt facility in Nevada. The three projects combined are worth more than $1.2 billion.
BREA, CA-Irvine-based Snyder Langston breaks ground on the Evangelical Christian Credit Union, which is rising on Imperial Highway in Brea. The complex, which is being built in three phases, will eventually include four buildings.
SANTA ANA, CA-The sale of the 383-unit apartment complex is the most recent transaction to occur here in the past month, as a flurry of multifamily activity has swept the county since the start of the first quarter. The property, which features a number of amenities, was 93% occupied at the time of sale.
ORANGE, CA-Orange-based SMS Settlement Services Inc. continues to grow, as other businesses in the county are scaling back. The company, which provides software to the title and escrow industry, says its recent acquisition of InfoStream will give clients a wider range of options.
SANTA ANA, CA-It is the latest in a string of apartment complexes to change hands in Orange County in recent weeks, as investors continue to eye multifamily product here. The complex, which has sold for $1.4 million, was 100% occupied at the time of sale.
NEWPORT BEACH, CA-The firm's Newport Beach office represented both sides in the sale of a 100,320-sf industrial building in Chino. The facility was fully occupied at the time of sale.
NEWPORT BEACH, CA-The Newport Beach-based developer sews up a lease agreement with Exel Inc., in which 103,000 sf will be used as a distribution facility for Coors Brewing Co. Exel's seven-year lease is for space at The Crossroads Collection, MDC's Ontario industrial campus.
SANTA BARBARA, CA-The title insurance giant has combined its title plant operations into a single, stand-alone company, known as Property Insight. Operating in seven states, Property Insight provides national title information services.