Orange County's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
SANTA ANA, CA-The locally based REIT that specializes in buildings occupied by government entities distributes $43.9 million from liquidation proceeds.
ORANGE, CA-Stamford, CT-based GE Asset Management acquires the 386,011-sf Orange City Square, with Birtcher Anderson Realty acting as investment adviser.
PALM SPRINGS, CA-The KOR Hotel Group renames its Estrella Resort & Spa, christening it the Viceroy Palm Springs. The company also plans an expansion of the property.
SANTA ANA, CA-The 67-month deal is worth more than $2.8 million, or $4.60 per sf, for space in The Rockefeller Group's 300,000-sf building located at 2001 E. Dyer Rd. in Santa Ana.
SANTA ANA, CA-The $2.2-million sale is the third disposition in the office portfolio since CT acquired it from Newport Federal in 2001, with the fourth under contract. The 18,126-sf Boardwalk is an 82%-leased building that went to two private investors.
VICTORVILLE, CA-The Sagebrush Properties LLC affiliate of pet food maker Nutro Products and packaged foods company ConAgra plan new facilities at 5,000-acre Southern California Logistics Airport.