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Newport Beach Retail Sells for $5.8M
Pizza Nova PCH LLC purchased the retail building at 2601 W. Coast Hwy in Newport Beach, CA for $5.75 million, or about $1,867 per square foot. The single-story retail building, located on a quarter-acre parcel in Orange County, totals 3,080 square...

CBRE Global Investors Acquires Irvine Office Bldg for $120 Million
Downtown Los Angeles-based CBRE Global Investors scooped up 2600 Michelson Dr., a 16-story office building in Irvine, CA, for $120 million, or about $390 per square foot, from Ocean West Capital Partners and Dune Real Estate LLC in a sale that shows what...

Rohe Joins Kidder Mathews in Orange County
Brandon Rohe has joined Kidder Mathews as a vice president. Based in the firm's Irvine, CA office, Rohe will continue specializing in the sale and leasing of industrial properties throughout Southern California. Rohe brings more than seven years...

TPG’s New Boutique Exercise Brand to Open HQ in Irvine
A boutique fitness franchise recently created by private equity giant TPG has chosen Irvine, CA for its corporate headquarters. TPG’s Xponential Fitness leased 26,273 square feet at 17877 Von Karman Ave., an office campus known as Intersect and owned...

The Jackson Apts Sell for $54M
Advanced Real Estate Services (ARES), Inc. acquired The Jackson Apartments at 2960-2965 E. Jackson Ave. in Anaheim, CA for $54 million, or about $280,000 per unit, from Western National Group. The two-story, 174,092-square-foot multifamily community...

CJ Foods Signs Five Year Industrial Renewal for 127,000 SF
CJ Foods, a conglomerate holding company, signed a five-year lease renewal for 127,375 square feet in the industrial building at 675-679 S. Placentia Ave. in Fullerton, CA. The two-story, 254,750-square-foot industrial building was built in 1996....

The Palms Apts Sell for $7.6M
A private investor acquired the 40-unit The Palms Apartments at 1724-1736 W. Ball Rd. in Anaheim, CA from Wilshire Unlimited PM LLC for $7.63 million, or about $191,000 per unit. Built in 1959, the two-story, 40-unit, market-rent multifamily property...

Campbell Enterprises Acquires Ocean Breeze Apts for $21M
FPA Multifamily LLC and Fowler Properties sold the Ocean Breeze apartments at 2070 Poplar Rd. in Oceanside, CA for $21 million, or about $292,000 per unit, to Campbell Enterprises LLC. The 69,630-square-foot complex has 72 units. It was built in 1989...

Square Mile Secures Loan for Campus-Style Office Redevelopment
New York-based real estate finance and investment firm Square Mile Capital Management LLC originated a loan totaling $133 million secured by their proposed creative office property in Costa Mesa, CA. Known as The Press, this project was undertaken...

The Cottages Apartments Sell for $5.2M
Aviram Family Trust acquired The Cottages Apartments located in La Habra, CA from a private trust for $5.26 million, or approximately $292,000 per unit. The 14,400-square-foot single-story multifamily community delivered in 1964 and it is comprised...

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