One of Orange County’s most iconic houses has hit the market, and the large estate on 137 acres in Coto de Caza would likely set a record for a residential sale if it sells for anywhere near the $125 million asking price. The Lyon Estate, where U.S. Air Force Reserve Read More
A subsidiary of London oil giant BP is looking to transform a 35-year-old dormant landfill near the Irvine-Newport Beach border into a renewable natural gas facility. Houston-based Archaea Energy has submitted plans to Newport Beach to build the energy plant at 20662 Newport Coast Drive, the site of the former Read More
Reliable Crane Service LLC, a company that rents cranes in Southern California, Las Vegas and Phoenix, committed to an 86-month lease at 1210 N. Tustin Ave. in Anaheim. The Las Vegas-based company will occupy the entire 75,700-square-foot industrial building. Chris Migliori, an executive vice president at DAUM’s Newport Beach office, Read More
Mark Moshayedi’s Space Investment Partners has unloaded prime commercial real estate along Costa Mesa’s popular East 17th Street corridor. The Corona del Mar-based company sold a nearly 40,000-square-foot retail center along the 17th Street shopping corridor for $25.7 million to Asana Partners, a Charlotte, North Carolina-based real estate investment firm. Read More
Orange County’s luxury homes market continues to be a magnet for high-net-worth buyers, with yet another big-ticket residence taken off the market at a record-setting price. A four-bedroom, six-bathroom home at 63 Monarch Bay Drive in Dana Point sold for $34 million on May 27. The sales price is a Read More
Orange County ranked seventh in the nation for office space to be converted or demolished into a residential development, according to a CBRE report published on June 9. The ranking is part of a larger national trend showing more office space is planned to be removed from U.S. markets than Read More
Work on a new industrial building near Long Beach Airport is finally complete. Goodman North America announced this week it completed construction on its Goodman Commerce Center Long Beach, Building One. The 504,810-square-foot industrial building is located between Orange County and the Ports of Los Angeles and Long Beach. Goodman Read More
A Newport Beach residential developer that specializes in multifamily housing has built a private club in Coeur d’Alene, Idaho. Lyon Living’s CDA National Reserve is a club with a range of outdoor activities and multimillion-dollar real estate opportunities available to its members. CDA National Reserve is a 1,000-acre property with Read More
CNI College, an academic institution offering accredited nursing and health science programs, expanded its Santa Ana campus. The vocational school added 20,839 square feet to its lease at Pacific Center, a two-building office campus at 1610 E. St. Andrew Place in Santa Ana. CNI College’s total footprint at Pacific Center Read More
San Clemente-based CareTrust REIT Inc. announced today it acquired a portfolio of skilled nursing facilities in the Pacific Northwest for about $146 million, including transaction costs. The portfolio, which was purchased as part of a joint venture, consists of 911 licensed beds across 10 facilities in Idaho, Oregon and Washington. Read More
