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.
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.