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Rentv.com Kearny Real Estate Co. has broken ground on Harbor Logistics Center, a 163,000-square-foot industrial property in Santa Ana, Calif. The Los Angeles developer began demolishing the 119,527-sf office property on the site, at 3100 and 3130 South Harbor Blvd., ...
REBusiness Online Gantry Inc. has secured $128 million of construction to permanent financing against Legado at the Met, a 258-unit apartment property in Santa Ana, Calif. The financing was provided by three separate lenders. Legado Cos. is developing the property ...
The property is 63.2 percent leased by seven tenants that have a weighted average lease term of 5.3 years.
Commercial Observer Tireco has paid $28.9 million, or $144.18/sf, for 3 Hutton Center, a 200,443-square-foot office property in Santa Ana, Calif. The Gardena, Calif., company purchased the property from a venture of Harbert Corp. and Cypress Office Properties, which had ...
The property, at 1901 East 1st St., is encumbered by a $59.96 million Freddie Mac loan that's securitized through FREMF, 2019-KF67. It pays a coupon pegged to SOFR plus 170 basis points and would be subject to a prepayment penalty ...
Commercial Real Estate Direct Staff Report TruAmerica Multifamily has paid $102.9 million, or $389,772/unit, for Nineteen01, a 264-unit apartment property in Santa Ana, Calif. The Los Angeles investment manager, through a venture with PCCP LLC, purchased the property from its ...
The property, at 200 and 201 East Sandpointe Ave., was marketed as a redevelopment opportunity that could be converted into multifamily, industrial or life-sciences uses.
Commercial Real Estate Direct Staff Report A California trust was the buyer of Bristol Place, a 61,454-square-foot retail property in Santa Ana, Calif. The Kenneth and Johanna Kim Revocable Trust bought the property in June for $36.5 million, or $593.94/sf, from ...
Watermarke Properties Inc. has paid $36.3 million, or $120.45/sf, for Sandpointe at MacArthur Place, a two-building office property with 301,373 square feet in Santa Ana, Calif. The Corona, Calif., developer purchased the property from an undisclosed seller, which was represented ...
The Kenneth and Johanna Kim Revocable Trust bought Bristol Place, which is 89 percent occupied and was on track to generate $2.16 million of net operating income last year, according to servicer data compiled by Trepp Inc. That compares with the ...
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