Meridian sells 57,000 SF medical office building in Orange County

NEWPORT BEACH, Calif. — Meridian, a full-service real estate developer and owner of medical office real estate, announced that it has completed the sale of The Laguna, a 57,573-square-foot medical office building located at 24022 Calle de la Plata, on the Memorial Care Saddleback Medical Center campus in Laguna Hills, California. The buyer was a publicly traded Real Estate Investment […]

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Trial starts for man who propped dead wife on sofa with sunglasses while kids opened Christmas presents nearby

ANAHEIM, Calif. — Nearly ten years after 26-year-old Za’Zell Preston’s dreams of becoming a domestic-violence counselor ended when she was murdered on Christmas Eve, 2011, the trial against her husband, William Wallace, now 39, began this week.  Officials at the time referred to the homicide as a “sickening and brutal” case of a man who murdered his wife sometime on […]

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$291,000 Think Together grant to offer “Virtual Sports Programs” at 81 Southern California schools

Think Together, California’s leading nonprofit provider of afterschool, expanded learning and school improvement programs, recently announced the award of a $291,418 grant from the LA84 Foundation, a nationally recognized leader of youth sport programs focused on positive youth development. The funding will help Think Together offer free virtual sports programs to middle school youth at 81 public schools in Southern […]

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Hanley Investment Group arranges sale of Village Plaza at Huntington Harbour

HUNTINGTON BEACH, Calif. — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the sale of Village Plaza at Huntington Harbour, a 20,328-square-foot multi-tenant retail center with over 270 feet of prime Pacific Coast Highway frontage in Huntington Beach, California. Hanley Investment […]

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Meridian and Harrison Street purchase Orange County building for medical office conversion

NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 110,400-square-foot, four-story Class-A office building in Irvine, California in a joint venture with Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets. The […]

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New construction Chase Bank in Orange County sells for $5.1 million

ANAHEIM, Calif. — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the purchase of a newly constructed, single-tenant Chase Bank in Anaheim, California, located five minutes from Disneyland. The purchase price was $5.1 million for the absolute triple-net ground lease. LEADING […]

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Built in 2000 for a culinary arts school, SOCO property sells for $20.35 million

NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 53,500-square-foot, two-story medical office building in Santa Ana, California. The purchase price was $20.35 million and Meridian plans to invest an additional $5 million in building improvements. LEADING THE […]

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Finalists announced in construction “Innovation Challenge” competition

KTGY Architecture + Planning announced today that the National Multifamily Housing Council (NMHC) has named its five finalists for its 2019 Innovation Challenge competition with KTGY receiving two finalist honors for “Park House | A Housing Solution for Repurposed Parking Structures” and “High Design, Accelerated Construction.” Every year, the Challenge seeks innovative solutions to vexing apartment industry challenges. This year’s […]

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Space Investment Partners acquires Westport Plaza & Square for $18.4 million

IRVINE, Calif. — Space Investment Partners, an Irvine-based fully-integrated investment, development, and management company, has announced the acquisition of Westport Plaza & Square, a 39,000-square-foot leasehold retail center located in the heart of the E. 17th Street retail corridor at 369 E. 17th Street in Costa Mesa, California. The purchase price was $18.4 million. LEADING THE RCNS HEADLINES: San Jacinto […]

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Four-tenant Huntington Beach building at Sprouts center sells for $4.1M

HUNTINGTON BEACH, Calif. – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a multi-tenant shop building shadow-anchored by Sprouts Farmers Market in Huntington Beach, Calif. The sale price was $4.1 million, representing a cap rate of 4.94%. LEADING THE […]

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