ORANGE, CA-The facility, which encompasses 29,987 sf, was 100% occupied at the time of sale. There is an ample supply of available office product in the county and additional projects are expected to flood the market in upcoming months.
IRVINE, CA-Samsung Electronics America Inc. takes 51,263 sf at the Park Place Office Campus for five years. Samsung is the second tenant to take space at the office complex in the past month.
LOS ANGELES-D&L Studio Transportation Inc. will occupy the 10.7-acre parcel, according to the terms of the 10-year lease. It is the most recent industrial transaction to occur in the county, as demand for industrial space remains high.
RANCHO SANTA MARGARITA, CA-The Marshall's anchored portion of the Santa Margarita Marketplace has been sold to Armour CV Santa Margarita, as real estate experts expect activity to begin to pick up in the county's retail market.
LOS ANGELES-A lease renewal valued at $3.63 million has been inked by Sun Microsystems for 33,000 sf of office space at Northpoint at Howard Hughes Center.
LAGUNA HILLS, CA-The commercial printing company has paid Viking Investors more than $1.2 million for an 11,380-sf industrial facility in Laguna Hills. It will occupy the building this week.
ANAHEIM, CA-Private investors have purchased two industrial buildings total 22,407 sf for $1.7 million. The transaction is the latest in a string of industrial deals to occur in Orange County.
IRVINE, CA-The 58,000-sf facility has been transformed into a technology-oriented office space. Both exterior and interior improvements were made to the building, which stands at 2601 Campus Dr.