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Irvine Business Complex

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FinanceIndustrialIndustry NewsOrange County

Robinson Pharma Buys 261,000 SQFT Irvine Warehouse for $75MM in City’s Largest Industrial Sale in Two Years

Santa Ana-based supplement manufacturer Robinson Pharma has closed its largest-ever real estate deal, a $75 million purchase of a 261,000-square-foot Irvine warehouse that...

Finance graphic
CommercialFinanceIndustry NewsOrange County

Kelemen Faces Foreclosure on 335,000 SQFT Irvine Atrium After $80MM Loan Matures Unpaid

Claros Mortgage Trust has moved to force a trustee's sale of the Kelemen Company's twin-tower Atrium office complex near John Wayne Airport after...

facade of a building
AECIndustry NewsOrange CountyResidential

C&C Development Opens 60-Unit Cartwright Family Apartments in Irvine, Fully Leased at Debut

C&C Development and the City of Irvine have opened Cartwright Family Apartments, a 60-unit income-restricted community in the Irvine Business Complex that filled...

Irvine, California
CommercialFinanceIndustry NewsOrange County

IRA Companies Lists Anduril-Leased 154,418 SQFT Office Building in Irvine, Last Bought for $103MM

IRA Companies, LLC has put 2722 Michelson Drive up for sale, a fully leased Irvine office and R&D building occupied by defense technology...

Day time aerial view of the city of Tustin, California.
AECIndustry NewsOrange CountyResidentialRetail

Almquist Wins Exclusive Rights to Develop 52-Acre Mixed-Use Project at Tustin Legacy

San Juan Capistrano-based developer beats out 11 competing proposals to plan retail, dining, and residential on one of Orange County’s largest remaining infill...

Pasadena Sign and Palm Tree
CommercialFinanceIndustry NewsLos Angeles

Irvine Company Sells 270,000 SQFT Western Asset Plaza in Pasadena to East West Bank for $97.9MM at 32% Discount

The sale reflects a broader strategic pivot by Donald Bren’s real estate empire away from office holdings and toward its expanding 65,000-unit apartment...

Irvine, California
AECFinanceIndustry NewsOrange CountyResidential

TPG Angelo Gordon, Lennar-Backed JV Acquires 24-Acre Von Karman Campus for $232MM Residential Conversion in Irvine

IRA Capital more than doubles its investment in three years after navigating entitlement process to rezone former office park for 426-home community A...

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AECFeaturedFinanceIndustry NewsOrange CountyResidential

Orange County Multifamily Vacancy Drops to 3.6% as Construction Deliveries Fall 67%

Rent growth holds at 2% while average sales price climbs to $343,046 per unit Southern California’s apartment market is showing signs of tightening...

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AECFinanceIndustrialIndustry NewsOrange CountyResidential

IRA Capital’s $100MM Irvine Office Acquisition Becomes 426-Unit Housing Development After City Pushback

In a shift from industrial to residential development, private equity firm IRA Capital is moving forward with a massive 426-unit housing project in...

a rendering of an apartment with furniture
FinanceIndustry NewsOrange CountyResidential

Oregon’s Foundation of Affordable Housing Pays $15.5MM for 82-Unit Garden Grove Senior Property

Oregon-based operator pays premium for Garden Grove senior property as region grapples with housing shortage The Foundation of Affordable Housing’s $15.5 million acquisition...

Irvine building
CommercialFinanceIndustry NewsOrange County

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...

john wayne airport orange county
CommercialIndustry NewsNews ReleasesOrange County

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...

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