Imeson Commerce Center in Jacksonville, Florida, is now owned by an Orange County-based real estate company. Irvine-based CIP Real Estate Property Services doled out $54 million for a 422,136-square-foot warehouse at Imeson Commerce Center in Northeast Florida. CIP Real Estate bought the industrial property from North Signal Capital and Fox Read More
There’s only one stadium in the country where you can play arcade-style Pac-Man games while taking in nine innings of baseball. That venue is Angel Stadium, thanks to Irvine-based Bandai Namco Holdings USA Inc. and the Los Angeles Angels expanding their partnership last weekend and giving Orange County baseball fans Read More
An Orange County mall erased a one-time anchor store from its footprint and plans to replace it with a residential development. The Village at Orange tore down the space once occupied by JCPenney last week. The gaping space at the mall could soon be home 167 two- and three-level condominium Read More
A local food service company that makes dressings, frying oils and sauces for dozens of restaurant chains is relocating its headquarters to Irvine’s Spectrum Terrace, more than doubling its current space in Brea. Ventura Foods, whose portfolio includes brands such as LouAna Cooking Oil and Hidden Valley Ranch, told the Read More
Two skilled nursing facilities and an assisted living property, all in North Orange County, were sold in a pair of separate transactions on April 1. A 130-bed licensed skilled nursing facility and neighboring 73-bed, 77-unit assisted living and memory care property in Los Alamitos—Alamitos West Health & Rehabilitation and Katella Read More
Mark IV Capital, a Newport Beach-based private equity firm specializing in real estate, sold 300 acres of open land to software giant Microsoft Corp. for about $71 million. The property is in Fernley, Nevada, about 35 miles east of Reno, Nevada, and could be used as a data center. Apple Read More
A 5,741-square-foot house on 0.44 acres with four bedrooms and 4.5 bathrooms in Corona del Mar is off the market. The house at 1615 Bayadere Terrace sold for $20 million on April 11, according to Homes.com and Redfin, making it one of Orange County’s most expensive residential sales of the year. Read More
Irvine Company is paring back, yet again, its office holdings in downtown San Diego. The Newport Beach-based landlord and real estate company continued its refocus in San Diego by selling its fourth downtown San Diego property in less than a year, as it has sold its stake in the 24-story Read More
Glaukos Corp., the most valuable public company in Orange County’s thriving ophthalmology sector, appears to be expanding its corporate footprint. The maker of the world’s smallest medical device (NYSE:GKOS) paid $16.6 million for a two-floor, 40,000-square-foot office building that sits next to its Aliso Viejo headquarters. Glaukos acquired 26800 Aliso Read More
Newport Beach-based Buchanan Street Partners is making a play in South County with its purchase of Spectrum Centre Business Park. The real estate investment management firm spent a Business Journal estimate of $63 million to buy a 16-building, 227,757-square-foot infill industrial park in Lake Forest from a Los Angeles-based fund Read More
