Newport Beach
Shea Homes Acquires 1-Acre Uptown Newport Site for 23 Condos as Chip Fab Lease Pushes Master Plan’s Final 690 Units to 2030
Shopoff Realty Investments has sold another entitled pad inside its 25-acre Uptown Newport master plan in Newport Beach, this time to Shea Homes...
Newport Beach Commits $1.5MM to Study Police Headquarters Move to Civic Center Park
A Newport Beach City Council majority has authorized roughly $1.5 million to study relocating the police department to Civic Center Park, advancing a...
Wood Investment Companies Opens 150,000 SQFT Target on Former Regency Theatres Site at Plaza de Perris
Newport Beach-based Wood Investment Companies has replaced a shuttered Perris movie theater with a full-format Target, converting dead entertainment space into essential retail...
Newport Beach Cuts For-Sale Affordable Housing Rate in Airport Area to Salvage Intracorp’s 67-Unit Onyx Condos
The Newport Beach City Council lowered the for-sale affordable housing requirement across a 145-acre airport-area district, handing developer Intracorp Homes the relief it...
Newport 17th Plaza, Fully Leased 29,000 SQFT Costa Mesa Retail Center, Hits Market for $16.6MM at 6.26% Cap Rate
A fully occupied neighborhood retail center anchored to one of coastal Orange County's busiest intersections has hit the market at $16.6 million, testing...
Milhaus Merges with Sares Regis Group Residential to Form 50,000-Unit Multifamily Platform, Moves to Acquire Broadshore Capital
Indianapolis-based Milhaus and Newport Beach's SRG Residential have completed a merger that combines a Midwestern developer with a national apartment manager, and the...
Westport Properties Delivers 183,000 SQFT, 1,402-Unit Self-Storage Project in Covina on $8MM Former Church Site
Newport Beach-based Westport Properties has completed a four-story self-storage building at 529 Cutter Way in Covina, converting a former Faith Community Church of...
West Hollywood Tops Nation at $8,200 as Southern California Claims Most of America’s Priciest Single-Family Rental Markets
Southern California's coastal enclaves have tightened their grip on the top of the U.S. single-family rental market, with West Hollywood posting the highest...
Suffolk Taps 30-Year Healthcare Veteran to Run Newport Beach Office as Orange County Hospital Pipeline Tops $5B
Suffolk has hired healthcare construction veteran Bobby Eagar as senior vice president and Orange County division manager, a move that puts three decades...
Bridgepoint’s $1.39B Kayne Anderson Real Estate Buyout Hands a London Owner One of the California’s Busiest Light-Industrial Buyers
A London-listed private markets firm has agreed to buy Kayne Anderson Real Estate for roughly $1.39 billion, putting a UK owner atop a...
JH Real Estate Acquires 330,000-SQFT FIGat7th Retail Center From Brookfield for $68.5MM in Downtown Los Angeles
JH Real Estate Partners has purchased the FIGat7th open-air retail center in downtown Los Angeles for $68.5 million, capturing a fully leased financial-district...
Irvine Company Buys Shuttered 1.26-Acre Newport Beach Car Wash for $32.5MM to Feed 600-Unit Newport Center Housing Push
The Irvine Company has acquired the shuttered, 51-year-old Newport Beach Car Wash near Fashion Island for $32.5 million, folding a 1.26-acre parcel into...
