TUSTIN, CA-Makena Capital has acquired a .54-acre parcel here and plans to build a 6,800-sf retail complex on it. Starbucks Coffee and Subway have already been secured as tenants for the facility, which is scheduled for an April 2002 completion.
WESTMINSTER, CA-Komex H20 Science Inc. inks a $2-million lease for office space here. The firm will relocate in January from its current headquarter in Huntington Beach.
IRVINE, CA-Sea Ridge Community Church purchases an R&D building in the Goddard Business Park, where its corporate offices will be housed. The new owner plans to move in immediately.
LAGUNA NIGUEL, CA-The construction company will refurbish and expand the El Niguel Country Club's locker rooms, clubhouse and outdoor patio. The project will add 9,000 sf to the country club.
FULLERTON, CA-The 280,000-sf Commonwealth Industrial Park is acquired by Hager Pacific Properties through Pacific West Management, one of its related entities. Five tenants occupy the property, which is 100% leased.
ANAHEIM, CA-Roger DeYoung Construction Co. snaps up the two freestanding buildings. Encompassing 7,000 sf each, they are occupied by El Torito and Charlie Brown's.
HUNTINGTON BEACH, CA-The Huntington Beach shopping complex was 100% occupied at the time of sale. Encompassing 181,000 sf, it is anchored by Home Expo.
NEWPORT BEACH, CA-The construction company purchases a 10,466-sf office building here for $2 million. It plans to relocate its corporate headquarters from the South Coast Metro area to the new facility next year.
SANTA ANA, CA-The data storage company inks a lease for 11,796 sf at Nexus Twin Towers. It plans to relocate its Western Region office personnel to the new space.
ANAHEIM, CA-Pan Pacific Retail Properties acquires the 181,000-sf Brookhurst Center, which was 99% leased at the time of sale. Recent research points to continued investment interest in the Orange County retail sector, despite a slight rise in vacancies predicted for the months ahead.