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1 week ago | 
ocbj.com | Parimal Rohit |Northern Mexico's maritime
A Miami-based firm known for its luxury residential portfolio shelled out nearly $240 million for a two-building, 350-unit apartment complex in Santa Ana’s South Coast Metro area, making it among the largest Orange County apartment transactions within the first 100 days of the year. Crescent Heights picked up the 350-unit Skyline at MacArthur Place, an upscale, two-tower Santa Ana apartment complex that has served as OC’s tallest residential project since 2008, in the deal that closed April 2.
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1 week ago | 
ocbj.com | Parimal Rohit |Northern Mexico's maritime
The Irvine Company is expanding its residential footprint as Orange County’s largest apartment owner plans to build more than 1,300 units on 19.4 acres at Tustin Legacy. The city of Tustin recently entered into an agreement with the Irvine Co. to develop the land. The Newport Beach-based real estate firm would pay the city nearly $52 million for the property, or $2.7 million an acre, through its subsidiary, Tustin Legacy Acquisition LLC, city filings indicate.
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1 week ago | 
ocbj.com | Parimal Rohit |Northern Mexico's maritime
As the Los Angeles Angels again start this spring full of hope, it’s looking to regain its glory as one of Major League Baseball’s top teams, not just in victories but also in attendance. Fans have been noticeably absent in recent seasons, with about 2.6 million last year, nearly a 1 million drop compared to 2005 and 2006. The Angels ranked third in overall fan attendance in 2004, trailing only the New York Yankees and Los Angeles Dodgers that season – Arte Moreno’s second as team owner.
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1 week ago | 
ocbj.com | Parimal Rohit |Northern Mexico's maritime
A local office building spanning more than 92,000 square feet could be torn down and converted into a housing development. The building on 12.4 acres just south of the Joint Forces Training Base Los Alamitos was bought by national homebuilder Lennar Corp. for $65.2 million last month, according to CoStar data. Lennar bought the 92,302-square-foot property from Ladera Ranch-based MW Investment Group. Lennar’s exact plans for the property at 4665 Lampson Ave.
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1 week ago | 
ocbj.com | Parimal Rohit |Northern Mexico's maritime
A portfolio of nine properties at Yorba Linda Town Center changed hands for nearly $56 million, one of the largest retail deals of the year. Newport Beach-based real estate developer Manouch Moshayedi told the Business Journal that his company bought the Yorba Linda retail center from Anaheim-based Zelman Development Co. in mid-March. Moshayedi’s Newport Beach-based Mx3 Ventures paid $55.7 million for the 119,684-square-foot retail and office center, or $465.55 per square feet.
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1 week ago | 
ocbj.com | Parimal Rohit |Northern Mexico's maritime
The local rentable footprint for Orange County’s top 16 commercial property managers dipped 1.5% to 127.8 million square feet, compared to 129.8 million a year ago March, according to the Business Journal’s latest research. The top five third-party commercial real estate companies—JLL, CBRE Group Inc., Lincoln Property Co., Transwestern Real Estate Services and Irvine-based Essex Realty Management Inc.—managed 77 million square feet of property in Orange County as of March 2025.
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1 week ago | 
ocbj.com | Parimal Rohit |Northern Mexico's maritime
A beachfront villa at The Strand at Headlands in Dana Point is off the market after being listed for more than 18 months. Agents with Compass sold a 10,576-square-foot house at 21 Strand Beach Drive in Dana Point for $28 million. Multiple listings for the property showed the house sold on April 1 after being on the market for 592 days. The three-level house sits on 0.26 acres and features five bedrooms, nine bathrooms and an unobstructed view of the Pacific Ocean and the coastline.
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2 weeks ago | 
ocbj.com | Parimal Rohit |Northern Mexico's maritime
A national homebuilder with a significant presence and operation in Orange County announced a leadership change this week. Tom Grable, Southern California division president of Nevada-based Tri Pointe Homes Inc., has retired and is being succeeded by Scott Pasternak. Pasternak, who has 27 years of industry experience with a background in development, finance, land acquisition and operations, will take over the homebuilder’s operations in Irvine, where Tri Pointe has 122 employees.
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3 weeks ago | 
ocbj.com | Parimal Rohit |Northern Mexico's maritime
Newport Beach-based Buchanan Street Partners is the new owner of Spectrum Centre Business Park in Lake Forest. The real estate investment management firm bought the 16-building infill industrial park at 20902-21098 Bake Pkwy. from a Los Angeles-based fund manager for an undisclosed price. It is Buchanan Street’s latest Orange County addition, with the real estate firm banking on the business park’s proximate location in South County.
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3 weeks ago | 
ocbj.com | Parimal Rohit |Northern Mexico's maritime
Hoag Memorial Hospital Presbyterian has been awarded ownership of the 92-acre Ziggurat facility in Laguna Niguel, wrestling it away from San Juan Capistrano-based Pintar Investment Co. and Signal Hill-based Hilco Development Services, the Business Journal has learned. Hilco on Wednesday vowed to fight it, as the general contractor announced it would challenge the U.S. General Services Administration’s decision in federal court.
