TUSTIN, CA-Tustin-based Kensington Real Estate Group has sold another of its repositioned retail properties, in a deal valued at $14.5 million. Known as Southridge Plaza, the 121,888-sf shopping complex is located in Fontana.
ALISO VIEJO, CA-The 27,000-sf Clare Micronix building is located in Aliso Viejo, where the overall vacancy rate for office property stood at 30.9% at the end of the third quarter.
ORANGE COUNTY, CA-In a unanimous, the California Coastal Commission approved a plan to restore Bolsa Chica, the 1,200-acre stretch of coastal wetlands between Huntington Beach and Seal Beach.
BUENA PARK, CA-American Box purchases a 42,500-sf industrial building in Buena Park. The company has already occupied the facility, which will serve as a start-up location.
ORANGE COUNTY, CA-Southern California hoteliers will soon face increased competition from neighboring Mexico, as officials there have unveiled a new tourism-related marketing campaign targeted specifically at North American travelers.
FOUNTAIN VALLEY, CA-The district will build a maintenance facility on the 2.15-acre property. It will be used to service and store school buses and vehicles. The ground lease is valued at $2.2 million.
ORANGE COUNTY, CA-Mexico continues its efforts to attract North American tourists, as officials from Mexico City announced today that hotel rates there will be dramatically discounted during the upcoming holiday season. This stepped-up approach to tourism will create stiffer competition for Southern California hoteliers.
COSTA MESA, CA-Known as Windmill Marketplace, the shopping center is currently 86% leased. Occupants at the 107,239-sf property include anchor tenants Ralphs and Walgreens, as well as Starbucks, Quizno's, Cold Stone Creamery and Mail Boxes Etc.
ORANGE COUNTY, CA-Orange County's public toll-road agency has begun replacing the battery-powered devices used to pay tolls with solar transponders. The pilot program, which is the first of its kind, is expected to save the agency around $50,000 during the course of the next 10 years.
ORANGE COUNTY, CA-Southern California hoteliers will soon face increased competition from neighboring Mexico, as officials there have unveiled a new tourism-related marketing campaign targeted specifically at North American travelers.