Irvine Business Complex
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...
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...
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...
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...
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...
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...
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...
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...
Irvine Community Land Trust & USA Properties Spend $26.5MM on 5-Acre Irvine Redevelopment Site
IRVINE, Calif., Feb. 7, 2025 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of 2400...
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...
TP-Link Buys 157,455 SQFT Jamboree Business Center in Irvine for $40MM
By Rhiannon Saegert Jamboree Business Center, a 157,455-square-foot office building in Irvine, has been sold for $40.5 million, or roughly $254 per square...
CBRE Global Investors To Sell 16-story, 310,925 SQFT Irvine Office Building
By Rhiannon Saegert A 16-story, 310,925-square-foot office building in Irvine at 2600 Michelson Drive is now available for purchase. The property, situated in...
