Category: Orange County

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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Two riders airlifted after major Hwy 74 motorcycle wreck

ORTEGA HIGHWAY — Two motorcyclists were seriously injured and airlifted after being involved in a two-vehicle wreck on the Ortega Highway, between Riverside and Orange counties this morning, Sunday, March 17. The crash happened along a particularly winding section in the 34000 block of Hwy 74, just west of Ortega Falls, according to a CHP incident log and Cal Fire […]

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3 officers injured, suspect dead, after violent OC neighborhood rampage

FULLERTON — Authorities are investigating the in-custody death of a man who was apprehended last Monday after going on a violent neighborhood rampage and attacking City of Fullerton police officers who responded to the scene. During last week’s melee, officers deployed several less-lethal options, including firing a “sponge gun” and multiple tasers while trying to gain control of the violent […]

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TUSTIN: One dead after car plows into back of big-rig parked along I-5

TUSTIN — One person died after a car veered off the southbound 5 Freeway near the Tustin Ranch Road off-ramp and plowed full speed into the back of a tractor-trailer semi-truck. According to CHP, the big-rig had been stopped and legally parked, completely off the highway and on the freeway’s shoulder, when the small sedan smashed into the truck’s trailer. […]

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ORANGE: Dramatic, fatal officer-involved shooting caught on camera

ORANGE, Calif. – A man who was armed with a knife while sitting inside a locked minivan with a can of gasoline and a lit cigarette was fatally shot by City of Orange police officers during a violent, early-morning incident, Monday, March 13. The deadly shooting happened during a traffic stop near a 24-hour laundromat, a convenience store, several restaurants, and other […]

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BUENA PARK: Firefighters battle blaze at one of their own stations

BUENA PARK – Orange County firefighters found themselves battling a huge early-morning blaze at one of their own fire stations Thursday morning, Jan. 12. Firefighters from multiple agencies brought the fire completely under control about 13 hours after the fire was first reported. The blaze was reported at Orange County Fire Authority’s Station 61 about 3:30 a.m. The fire station is in […]

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