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CommercialFinanceIndustry NewsOrange County

Koll Center Newport Towers Sold for $70MM to MetLife in Newport Beach Distressed Office Deal

Investment giant assumes $108 million loan for just $70 million as John Wayne Airport area becomes epicenter of office distress MetLife Investment Management...

Aerial view of Newport Beach, California
CommercialFinanceIndustry NewsOrange County

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...

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AECFinanceIndustry NewsNews ReleasesOrange County

Archer & REDA Invest $18.5MM to Create Newport Beach Medical Outpatient Center

NEWPORT BEACH, Calif. – A joint venture between Archer Property Partners (“Archer”) and Real Estate Development Associates (“REDA”) has acquired the 78,000-square-foot office...

CommercialFinanceIndustry NewsLos Angeles

Logos Missions Pays $31.6MM for Nearly 192,000 SQFT Office Building in Cerritos

By Catherine Sweeney After it was placed up for sale earlier this year, an office building in Cerritos has traded hands. According to...

CommercialFinanceIndustry NewsLos Angeles

Nearly 192,000 SQFT Plaza Tower in Cerritos for Sale with $32MM Asking Price

By Catherine Sweeney  Another office property has hit the market in the Greater Los Angeles area. Newmark is marketing the property, which is...

CommercialFinanceIndustry NewsInland Empire

Topline Trade Union Acquires 180,000 SQFT Office Property in San Bernardino for $34MM

By Catherine Sweeney Topline Trade Union is buying up more space in the Inland Empire. According to public records, the company purchased a...

CommercialFinanceIndustry NewsInland Empire

The Koll Company Sells 61,878 SQFT Office Building in Corona for $15.2MM 

By Catherine Sweeney  After several months on the market, a 61,878 square foot office building in Corona is trading hands. According to public...

CommercialFinanceIndustry NewsInland Empire

The Koll Company Lists 62,228 SQFT Office Building in Corona for $15.17MM

By Catherine Sweeney  A nearly fully occupied office building in Corona has recently been placed on the market, with an asking price of...

FinanceIndustry NewsNews ReleasesOrange CountyResidential

Koll Company Sells 81,551 SQFT Office Campus in Irvine for $24.1MM

(EDITOR’S NOTE: According to sources familiar with the transaction, the property sold for $24.1 million, or approximately $295 per square foot.) Irvine, CA...

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