Industry News
loanDepot Anchors Irvine Company’s Discovery Park With 146,000 SQFT, One of Orange County’s Biggest Office Deals
Nonbank mortgage giant loanDepot has committed to 145,500 square feet at Irvine Company's Discovery Park, cementing its Irvine headquarters and ranking among the...
Pacific Urban Investors Grabs 168-Unit Preston in Miracle Mile for $70.5MM as Sares-Regis Books a Loss
Pacific Urban Investors extended its Los Angeles buying streak with the $70.5 million purchase of the Preston apartments in Miracle Mile, a price...
Lowe and Henderson Park Acquire 1,031,000 SQFT Westfield Plaza Bonita for $201.5MM in National City
Los Angeles-based Lowe and private equity firm Henderson Park have purchased Westfield Plaza Bonita for $201.5 million and plan to reposition the National...
Irvine Co., USA Properties Break Ground on 338-Unit, $175MM Affordable Community at Tustin Legacy
The Irvine Company and USA Properties Fund have broken ground on Terracina at Tustin Legacy, a 338-unit affordable apartment community that will deliver...
Institutional Investor Acquires 179,000 SQFT San Dimas Commerce Center for $41MM
An unnamed national institutional investor has purchased San Dimas Commerce Center, a fully parceled 19-building light industrial park in the San Gabriel Valley,...
Lincoln Property, TPG Angelo Gordon Cleared to Replace Newport Beach’s Redstone Campus with 132 Homes
Lincoln Property Company and financial partner TPG Angelo Gordon have won unanimous City Council approval to demolish two office buildings at Newport Beach's...
Northeast Family Nears Control of 65-Room Hotel Laguna in Laguna Beach as $30MM Trustee’s Sale Looms
An East Coast investor selected through a court-appointed receivership is closing in on the leasehold to Laguna Beach's storied Hotel Laguna, even as...
Wallach Family Office Lists 59,000 SQFT Chula Vista Industrial Building for $16.87MM
Wallach Family Office lists a vacant 59,184-square-foot Chula Vista industrial building for $16.87 million, pitched to owner-users.
Meridian Buys 32,052 SQFT Pasadena Medical Office for $13.35MM
Meridian buys a 32,052-square-foot Pasadena medical office building for $13.35 million and locks in a Huntington Health anchor lease.
Vacant 60,000 SQFT Crane-Served Industrial Building in Otay Mesa Listed for $13.39MM
The property at 8753 Kerns St pairs 3,000 amps of power, five bridge cranes and 35-foot clear heights, a package CBRE is betting...
Granite Lands $31MM Early Works Package for Kern County Energy Storage Project
Granite’s $31 million grading contract marks the first construction work on the ground for Hydrostor’s flagship U.S. compressed air storage facility, a project...
City Ventures Sells 45-Townhome Harbor Pointe in Santa Ana to Century Communities
City Ventures hands off its fifth Harbor Boulevard entitlement to Century Communities, extending a two-deal partnership that’s turning Santa Ana infill sites into...
