HUNTINGTON BEACH, CA-The AES Corp. has been granted 10-year permits to run two 40-year-old generators that have been idle for six years. The approval has sparked protest from Huntington Beach residents and city officials.
PASADENA, CA-A locally based joint venture partnership has acquired two parcels in Pasadena, in a deal valued at $2.1 million. The partnership plans to build a mixed-use complex on the properties.
ORANGE COUNTY-All three sectors of the regional economy--high-tech, tourism and construction--are expected to slow down in the second and third quarters while construction will continue to give the county an economic boost, according to a recently released economic forecast.
NEWPORT BEACH, CA-Investment banker plans to use new fund to invest in JV equity and mezzanine investments. Separately, it announces loans on several West Coast properties.
ORANGE COUNTY-All three sectors of the regional economy--high-tech, tourism and construction--are expected to slow down in the second and third quarters while construction will continue to give the county an economic boost, according to a recently released economic forecast.
LOS ANGELES-A 250,000-sf store is planned next to the retailer's long-closed catalog distribution center in Boyle Heights. The entire tract, owned by Scottsdale, AZ-based Univest, is targeted for redevelopment into a 1-million-sf retail and office complex.
ORANGE COUNTY-All three sectors of the regional economy--high-tech, tourism and construction--are expected to slow down in the second and third quarters while construction will continue to give the county an economic boost, according to a recently released economic forecast.
ORANGE, CA-A binding distributor has inked a $1.2 million lease at the North Orange Industrial Park, bringing the complex's occupancy level up to 100%. Industrial demand continues to soar in the county's tight market, especially from small to mid-sized users.
ORANGE, CA-The county's industrial market continues to tighten, as a Toronto-based distributor, relocating its distribution center from Santa Ana, snatches up a 20,970-sf industrial building in Orange for a five-year term.
FULLERTON, CA-The Fullerton Industrial Park has been sold to a Hartford, CT-based investment group. Although the parties involved in the transaction would discuss financial details, brokers in the area say the deal is worth about $17 million.