Newport Beach
Lease is First High Desert Location for Grocery Outlet
Grocery Outlet recently inked a 16,130-square-foot anchor lease in the 140,000-square-foot Hi Desert Plaza at 12240 Hesperia Rd. in Victorville.… Read more
Balboa Fun Zone is a Once-in-a-Generation Listing
The Balboa Fun Zone located at 600 E. Bay Ave. in Newport Beach dates back to 1913. The property consists… Read more
Investcorp Buys Tempe Commerce Park for $85M
A recent light industrial transaction demonstrates the strength of BKM Capital Partner’s investment thesis, operating platform and commitment to generating… Read more
Low-Rise Office Sales Are Humming in Irvine
There have been eight low-rise office building sales of more than $3.5 million in the Airport Area and Irvine Spectrum… Read more
Caprock Rides Strong Industrial Tailwinds
CapRock Partners has recorded significant levels of transaction activity since the onset of the pandemic, acquiring, leasing and selling nearly… Read more
Parkhouse to Break Ground Next Month in Newport Beach
A $90-million luxury condominium community is coming to Newport Beach as part of Shopoff Realty Investments’ $1.25-billion master-planned development, Uptown… Read more
36-Townhome Development Forges Ahead in Newport Beach
Development company Intracorp Homes is forging ahead on its 36 three-story townhomes at The Isle at Mariner Shores, with a… Read more
Bella Pointe Apartments Gets 10-Year Variable-Rate Loan
A $14.3-million Freddie Mac variable-rate loan was recently obtained for the acquisition of Bella Pointe Apartments, a 136-unit multifamily community… Read more
Intracorp Answers Call for Housing in Claremont
A five-acre land parcel in Claremont is slated as Intracorp Homes’ newest housing development. The 96-home community will include a… Read more
Matthews Brings Financing Services In-House, Acquires Barrington
El Segundo-based Matthews Real Estate Investment Services is expanding its services by acquiring Barrington Capital Corporation. The addition allows Matthews… Read more
KBS Divests PHX’s Anchor Centre to Florida Buyer for $104M
Florida-based TerraCap acquired Anchor Centre, a 333,014-square-foot Class A office property in Phoenix, from Newport Beach, CA-based KBS REIT III… Read more
Developer Acquires 25 Acres in San Diego for $11.5M
Newport Beach-based Phelan Development acquired a 25-acre land parcel in San Diego from Sunwood for $11.5 million. Development plans include… Read more
Sares-Regis Sells Ahwatukee MF for $65M
Salt Lake City-based Millburn & Company acquired Allegro at Foothills Gateway, a 264-unit apartment complex in Phoenix from Newport Beach,… Read more
RiverRock Adds Janice Church in Regional Role
Newport Beach-based RiverRock Real Estate Group added Janice Church as regional vice president for its Los Angeles region. Church will… Read more
Sares Regis Sells San Carlos Apartment Complex
San Diego-based Shapery Enterprises acquired Mission Trails, a 208-unit apartment community in San Diego’s San Carlos neighborhood from Newport Beach-based… Read more
Alex Kane Joins NorthMarq in SoCal
NorthMarq expanded its team with the addition of Alex Kane as vice president in its Los Angeles office. He will… Read more
Apartment Landlords, Know Your Rent Collection Risk Profile
By Paul Bubny “There is no question that landlords have been challenged in 2020 by both federal, state, and municipal… Read more
MIG Expands Leadership Team with Addition of Robbie Dodd
Robbie Dodd joined Newport Beach-based MIG Real Estate LCC as Chief Financial Officer. He previously served as Chief Financial Officer… Read more
Provender Partners, Cerberus Form Cold Storage JV
Newport Beach-based Provender Partners formed a joint venture with an affiliate of Cerberus Capital Management, L.P. The partnership will focus… Read more