David Simon Passes Away After Battle with Cancer
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City: Irvine
157,455-SF Office Building in Irvine, Calif., Sold for $40.6Mln
The Registry TP-Link Systems Inc. has paid $40.5 million, or $257.22/sf, for the Jamboree Business Center, a 157,455-square-foot office building in Irvine, Calif. The Singaporean maker of networking equipment bought the building, at 5 Peters Canyon Road, from a venture ...
1 and 3 Banting
Bridge Industrial has paid $60 million, or $363.64/sf, for a two-building office property at 1 and 3 Banting in Irvine, Calif. The Chicago developer purchased the 165,000-square-foot property from TGS Management of Princeton, N.J., which had acquired it in 2021 ...
Bridge Industrial Buys Irvine, Calif., Office Property for $60Mln; Redevelopment Likely
Orange County Business Journal Bridge Industrial has paid $60 million, or $363.64/sf, for a two-building office property at 1 and 3 Banting in Irvine, Calif. The Chicago developer purchased the 165,000-square-foot property from TGS Management of Princeton, N.J., which had ...
264-Unit Apartment Property Opens in Irvine, Calif.
Rentv.com Alliance Residential has opened Broadstone Edition, a 264-unit apartment property in Irvine, Calif. The Scottsdale, Ariz., developer built the property at 1100 Steely, about 39 miles south of Los Angeles. Broadstone Edition has studio, one-, two- and three-bedroom units ...
Northmarq Arranges $82Mln Loan for Irvine, Calif., Apartment Property
Commercial Real Estate Direct Staff Report Northmarq has arranged $82 million of financing against the 272-unit Cartwright apartment property in Irvine, Calif. An unnamed life insurance company provided the five-year loan, which requires only interest payments for its entire term. ...
TA Partners Defaults on $200Mln Loan Against Irvine, Calif., Apartment Developments
The Real Deal TA Partners has defaulted on $200 million of financing against a pair of apartment development sites at 18831 Von Karman Ave. and 17422 Derian Ave. in Irvine, Calif. Mack Real Estate had provided TA, of Irvine, with ...
32-Acre Development Site in Irvine, Calif., Sells for $145.9Mln
Commercial Property Executive A venture of Tishman Speyer and Mitsui Fudosan America Inc. has paid $145.9 million for a 32-acre development site along Bake Parkway, just off Interstate 5, in Irvine, Calif. The New York-based companies are planning to develop ...
State Street Corp. Misses Multiple Debt Payments Against Irvine, Calif., Office Property
The Real Deal State Street Corp. has missed its May and June payments on $81 million of debt against Lakeshore Towers, an 893,000-square-foot office property in Irvine, Calif. The debt is in two collateralized loan obligations, with a $51.54 million ...
Northmarq Writes $31.6Mln Freddie Loan Against Irvine, Calif., Apartment Property
Commercial Real Estate Direct Staff Report Northmarq has provided $31.6 million of Freddie Mac financing against the 115-unit Axis 2300 Apartments in Irvine, Calif. The financing written by Northmarq, a lender under Freddie's Optigo program, pays a fixed-rate coupon and ...
Medical Device Maker Leases 145,500 SF of Office Space in Irvine, Calif.
The Real Deal Axonics has agreed to lease 145,500 square feet of office space at two buildings within the Sand Canyon Business Center, a 210,000-sf property in Irvine, Calif. The manufacturer of medical devices is taking the space from Irvine ...
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