ALISO VIEJO, CA-Developer Shea Properties, along with builder Snyder Langston, completes steelwork on Phase I of Vantis. The initial phase of the eventual nine-building complex will consist of a 177,000-sf class A office building with 726 on-grade parking spaces.
LAGUNA WOODS, CA-Laguna Woods Ambulatory inks a five-year, $1.8-million lease for 9,096 sf at the Town Centre Medical Building. Completed in May of this year, the 40,000-sf medical office facility is now 100% occupied.
PLACENTIA, CA-The Anaheim-based company, which provides temporary power for clients in the construction industry, pays more than $2.1 million for industrial space in Placentia. The facility is located at 625 Fee Ana St.
ORANGE COUNTY, CA-Levy Affiliated Holdings acquires the four-building portfolio. Encompassing a total of 115,544 sf, it consists of medical facilities located in Huntington Beach, Compton, Anaheim and Downey.
HUNTINGTON BEACH, CA-GMAC Commercial Mortgage provides the $27-million, floating-rate interim loan for the 290-unit beach resort. The 350,000-sf property is owned by the Waterfront Hotel LLC.
SAN BERNARDINO COUNTY, CA-Watson Land Co. pays $7.3 million for the fully entitled site. The transaction marks the developer's first major land acquisition outside of the South Bay.
SANTA ANA, CA-The government agency inks a $7.2-million agreement to occupy the fifth floor of a high-rise building in Santa Ana. It will take 21,441 sf in the facility, which is located at 1851 E. First St. here.
CHINO, CA-A Thousand Oaks-based investment group acquires the property, known as Hayward Industrial Park. The five-building complex encompasses 266,000 sf.
BUENA PARK, CA-The subsidiary of Charter Municipal Mortgage Acceptance Co. funds the loan for a 56-unit complex in Buena Park. The financing has debt service coverage of 1.30x and a loan to value of 68%.
LAS VEGAS, NV-Unionized workers at the Golden Gate Hotel & Casino in Downtown Las Vegas have gone on strike as of 6 p.m. yesterday, due to the inability to reach a contract agreement with the casino owner. It is the only casino that has not yet reached tentative agreements with the Culinary Workers Union Local 226 and Bartenders' and Beverage Dispensers' Union Local 165.