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Huntington Beach Industrial Sells for $9.3M
Black Creek Group purchased the industrial building at 17800 Gothard St. in Huntington Beach, CA from Zaser & Longston Inc. for $9.25 million, or about $157 per square foot. The buyer was the sole tenant in the building, doing business as Lanic Aerospace...

Pupil Joins Stream Realty to Lead Southern California Expansion for Dallas-Based Brokerage Firm
Martin Pupil has joined Dallas-based Stream Realty Partners after 14 years at Colliers International. Martin Pupil, the former president of Colliers International's U.S. real estate brokerage operation, is headed to Dallas-based commercial leasing...

Stone Point Capital To Acquire Sabal Capital Partners
Pat Jackson, Sabal Capital Partners founder and chief executive. Image credit: Sabal Capital Partners Stone Point Capital, a financial services-focused private equity firm, plans to acquire Sabal Capital Partners, a diversified financial services firm...

Orange County Mid-Year Multifamily Update
May marked the third straight month of a decline in the labor force and month-to-month non-farm jobs remained flat. Tellingly, Orange County’s employment rate stuck below 3 percent, an improvement upon the same window last year. Hiring in the medical...

Baine Joins Landsea Homes
Landsea Homes hired Tom Baine as president. In his new role, Baine will oversee the planning, development and implementation of the company’s communities throughout Southern California. Baine brings more than 30 years of real estate experience...

Investors Trade South Broadway Apts in Santa Ana
AASW Alliance LLC sold the 30-unit South Broadway Apartments at 1800 S. Broadway in Santa Ana, CA to Woodbridge Investors for $10.5 million, or $350,000 per unit. The 30,360-square-foot multifamily community consists of all two-bedroom units located...

Potential Hotel Wage Hike in Anaheim, Calif., Leads Disney to Mull Other Development Options
Wincome Group recently began construction on a $250 million Westin resort near Disneyland but has placed a second luxury project on hold as it awaits the results of Anaheim’s ballot measure Hotel operators including Disneyland are not in a happy place...

Hines, Oaktree Purchase of Beckman Campus Sets Local Record, Spotlighting Surging Demand in Brea, California
Hines and Oaktree-managed funds have been especially active in Orange County, with the Beckman Coulter campus marking their 10th acquisition in the North Orange County submarket alone. Image Credit: Hines. Hines, a Houston-based investment firm, completed...

Home Franchise Concepts Move Reflects Irvine's Business Appeal
Home Franchise Concepts, the parent company of several direct-to-consumer brands including Tailored Living, Budget Blinds and Concrete Craft, recently moved its headquarters from Orange to a 38,094-square-foot office located in MacArthur Plaza at 19000...

Mid-Year Orange County Office Update
Aeiral image of Broadcom’s new campus in Irvine, CA. Leasing activity in multi-tenant office buildings in Orange County has yet to rebound from 2017. This past year marked the first time since 2010 that net absorption in multi-tenant properties failed...

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