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.
FOOTHILL RANCH, CA-The Newport Beach investment firm buys the 208,620-sf, recently completed Foothill Plaza office center from an affiliate of Searles DevCorp., also of Newport Beach, with plans to finance its lease-up for a future sale.
IRVINE, CA-Timeshare developer MPTV Inc. has renewed its permits to renovate five buildings at its Lake Tropicana timeshare resort near Las Vegas, which is planned to include 144 apartments in 22 buildings, a tennis court, a spa, swimming pools and other recreation facilities. MPTV is seeking funding to complete the project.
CYPRESS, CA-The manufacturing company inks a 62-month lease for industrial space at 6185 Phyllis Dr. The new tenant is joining current occupants Foxconn and GTECH in the facility.
LAKE FOREST, CA-The property is acquired by Sy Corp. of San Clemente in a transaction valued at $2.8 million. The company is using the facility for distribution.
ANAHEIM, CA-Orange-based Win-Dor acquires an industrial building located within the Orangewood Stadium Business Park. It is one of three facilities that have recently sold here.
ANAHEIM, CA-Separate buyers acquire all six buildings in the development company's recently converted Lakeview Business Park. The 165,000-sf complex is the former home of a packing plant.
SANTA ANA, CA-Marlin-Davidson sells a 39,089-sf Santa Ana building to an appliance company. Both buyer and seller will continue to occupy the facility.
NEWPORT BEACH, CA-The locally-based company has sold the 27,603-sf facility to a company specializing in the installation and engineering of telecommunications equipment. The Inland Empire continues to attract industrial tenants, even in the face of a sluggish economy.
ANAHEIM, CA-The facility encompasses 55,000 sf. Buyers continue to snatch up industrial property countywide, as the industrial market has been keeping steady.
SANTA ANA, CA-The five-year deal for 38,970 sf has been inked by a long-term tenant of the building. The transaction follows another recent office deal in Santa Ana, in which an office suite was leased for $1.2 million.