Airport Area
Inland Empire Retail Vacancy Climbs to 6.4% as Rents Fall 3.33% Year-Over-Year
Market records negative absorption of 431,883 square feet year-to-date while sales prices surge 26.8 percent to $290 per square foot The Inland Empire’s...
Anduril Leases Additional 42,000 SQFT in Costa Mesa, Expands Orange County Footprint Amid Challenging Real Estate Market
Palmer Luckey’s defense technology juggernaut continues its aggressive expansion across Orange County, securing another 42,000 square feet of industrial space even as the...
MetLife Acquires Loan on 376,800 SQFT Newport Beach Office Towers for $70MM
377,000 SQFT Koll Center Newport Changes Hands After $108MM Loan Default The commercial real estate distress cycle continues to reshape Orange County’s office...
First Citizens Bank Makes $32.7MM Play for Newport Beach Real Estate
North Carolina-based lender doubles down on affluent Orange County market with strategic office acquisition First Citizens Bank is betting big on Southern California’s...
Hyundai Entity Cements Orange County Presence with 134,000 SQFT Irvine Lease
Korean automaker’s lease marks largest transaction of 2025 in Orange County as commercial real estate market shows signs of recovery A Hyundai subsidiary...
Hyundai Glovis Spends $22.1MM on Irvine Office Building Purchase from Sentre
Transportation giant Hyundai Glovis has strengthened its Orange County presence with the $22.1 million acquisition of a prime Irvine office building, marking one...
Orange County Office Market Bifurcates: Trophy Assets Hold Strong While Obsolete Buildings Face Redevelopment
As the first quarter of 2025 came to a close, Orange County’s office market stood at a pivotal juncture—balancing a slow but persistent...
Industrial Market Cools in Orange County as Leasing Slows, Supply and Policy Pressures Mount
The Orange County industrial market is undergoing a measured slowdown as leasing activity tapers off, supply builds, and a shifting regulatory landscape begins...
Formosa Acquires 310,000 SQFT Newport Beach Office Campus for $33MM
Formosa Ltd., a venture led by Orange County businessman and philanthropist Joe C. Wen, has acquired 5000 Birch Street, a two-building, 310,000-square-foot Class...
Savills: Orange County Office Market Sees Mixed Q4 Performance Amid Economic Uncertainty
The Orange County office market experienced a period of mixed performance in Q4 2024, with leasing activity showing resilience despite ongoing economic uncertainties....
Greenlaw Partners Acquires Irvine’s 234,400 SQFT Von Karman Towers for $37MM
The Von Karman office towers at 18201 Von Karman Ave. have been sold. On December 23, 2024, the property changed hands for $37...
Savills: Orange County Office Leasing Activity Surges in Q3 2024, Led by Renewals
In the third quarter of 2024, Orange County’s office leasing market experienced a significant uptick, with leasing activity reaching 1.9 million square feet,...
