A 44,760-square-foot medical office building in Anaheim is under new ownership, according to public records. Success Anaheim LLC, the parent company of Success Education Colleges, bought the three-floor office building at 511 N. Brookhurst St. in Anaheim for $11.4 million, or $254 per square foot. CoStar data shows the building Read More
An apartment building with 321 market-rate studio, one- and two-bedroom units in Stanton officially opened last week. Cloud House, a multifamily property developed by Bonanni Development and designed by local architecture firm AO, is the latest apartment project to come online in Stanton. VRV, the sister property of Cloud House, Read More
A 19-floor office building adjacent to The Outlets at Orange sold for a deep discount, trading for a paltry $51.51 per square feet. Newport Beach-based Surlamer Investments, owned by Fariborz Maseeh, bought City Plaza for $18.5 million, according to Orange County records. The sale price, on a per square foot Read More
BKM Capital Partners, a local real estate fund manager and operator, entered a $1.5 billion joint venture partnership with Los Angeles-based Kayne Anderson Real Estate last month. The joint venture will specialize in light industrial real estate, specifically targeting small- and mid-bay properties. Both companies, in a statement, said light Read More
A new multifamily development in Anaheim sold for $144 million, the second-highest sale of the year so far, for an apartment property in Orange County. San Diego-based MG Properties bought Citron Apartments at 901 E. South St. in Anaheim from Sacramento-based Anton Development Co. for nearly $459,000 per unit. The Read More
A 51-unit multifamily complex in Santa Ana is under new ownership, with Cypress-based NNC Apartment Ventures paying $15 million to buy the residential property from Anaheim-based Clausen Enterprises. Real estate advisory firm Marcus & Millichap brokered the deal, with brokers from Orange County and Fresno working on the transaction. “Our Read More
One of the most recognizable office buildings in Orange County changed hands for $18.5 million. Newport Beach-based Surlamer Investments bought City Plaza, a 19-floor office building for nearly $52 per square foot according to CoStar data. The sale price, on a per square foot basis, is likely one of the Read More
One of California’s most influential couples is the new owner of a 12-floor office building near Angel Stadium—the most expensive office sale of the year for Orange County. Corona del Mar-based H&S Ventures LLC, a company founded by Henry and Susan Samueli in 1999 to oversee Samueli Foundation’s investments, bought Stadium Tower at 2400 E. Katella Read More
Space Investment Partners, the real estate investment, development and management company owned by Orange County entrepreneur Mark Moshayedi, completed a potentially record-breaking deal for a retail center in Fullerton. The purchase price was not disclosed, but Space Investment Partners’ acquisition of Fullerton Metrocenter looks to be the most expensive retail Read More
A Northern California homebuilder announced plans to build 120 single-family houses across two new neighborhoods in Rancho Mission Viejo. The new houses in Orange County are part of San Francisco Bay Area-based Trumark Homes’ larger play to add new housing in Southern California, with 450 residences planned for the region. Read More
