Irvine Community Land Trust has paid $26.5 million, or $96.36/sf, for the 275,000-square-foot office property at 2400 Barranca Parkway in Irvine, Calif. The Irvine company purchased the property from Gemdale USA of Pasadena, Calif., in a deal brokered by Marcus ...
Gaines Investment Trust has paid $42 million, or $135.08/sf, for the 310,925-square-foot office building at 2600 Michelson Drive in Irvine, Calif. The La Jolla, Calif., company purchased the property from CBRE Investment Management, which had acquired it in 2018 for $120 million. ...
The Real Deal Hyundai America Technical Center has agreed to fully pre-lease LogistiCenter at Irvine II, a 91,600-square-foot industrial building in Irvine, Calif. The technology and engineering arm of Hyundai is leasing its space from Dermody Properties, which was represented ...
Commercial Property Executive Gaines Investment Trust has paid $42 million, or $135.08/sf, for the 310,925-square-foot office building at 2600 Michelson Drive in Irvine, Calif. The La Jolla, Calif., company purchased the property from CBRE Investment Management, which had acquired it in ...
REBusiness Online Dermody Properties has started construction on LogistiCenter at Irvine I & II, a two-building industrial property with 224,920 square feet in Irvine, Calif. The Reno, Nev., developer is building the property at Alton Parkway and Harvard Avenue, about ...
Commercial Observer JPMorgan Chase has provided $84.75 million of financing for the construction of the 380,000-square-foot first phase of the Bake Freeway Business Park in Irvine, Calif. Tishman Speyer and Mitsui Fudosan America, both of New York, are developing the ...
Pacific Premier Bank has agreed to lease 115,438 square feet at Irvine Concourse, a 272,887-sf office property in Irvine, Calif. John Hancock Life Insurance Co. owns the 12-story property, which was built in 1985 at 17901 Von Karman Ave., about ...
The property was 85 percent occupied, as of the end of June, and had generated $1.61 million of net operating income during the first half of the year, according to servicer data compiled by Trepp Inc., putting it on track to ...
Commercial Observer Google Inc. has renewed its 196,200-square-foot lease at Google Center, a 573,000-square-foot office building in Irvine, Calif. The tech giant's deal is the largest lease renewal in Orange County in the third quarter. The property was built in ...
The property was 85 percent occupied, as of the end of June, and had generated $1.61 million of net operating income during the first half of the year, according to servicer data compiled by Trepp Inc., putting it on track to ...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
