ANAHEIM, CA-The medical and office property fetches the full list price for seller Cornerstone Advisers. The six-story building was 85% occupied at the time of sale. Anaheim Memorial Hospital is its largest tenant.
SAN CLEMENTE, CA-The company, Cameron Health Inc., will occupy its new offices, located at 905 Calle Amanecer, at the beginning of August. The transaction is valued at more than $1.6 million.
ORANGE COUNTY, CA-Due to the significant decrease in construction activity here, the region sees positive net absorption for the first time since the fourth quarter of 2000.
ORANGE COUNTY, CA-Due to the significant decrease in construction activity here, the region sees positive net absorption for the first time since the fourth quarter of 2000.
SANTA ANA, CA-Encompassing 185,401 sf, the multi-tenant industrial park is 90% occupied. Tenants in the park include Fiber U.S.A., Kimco Staffing, Creative Solutions GP, Progressive Floor Covering and Techline Studio.
BUENA PARK, CA-A private investor purchases the property for $1 million. Known as the Burnham Street Apartments, the complex is located at 5959 Burnham Ave.
RANCHO SANTA MARGARITA, CA-Competition Systems, a manufacturer of electronic components for race cars, acquires the 12,000-sf facility. It plans to relocate to the newly acquired building from Lake Forest in September.
HUNTINGTON BEACH, CA-A retailer of vintage auto parts acquires a 45,325-sf building standing at 5252 Bolsa Ave. Previously occupied by a technology company, the facility features 20,000 sf of office space, concrete tilt-up construction, ground level loading and a parking ratio of 3:1.
ORANGE COUNTY, CA-With its vacancy rate falling by three percentage points in three months time after rising for the past two years, the South Orange County office market seems to be weathering the current economic and social crises better than the rest of the county and much of the nation.