The above Adrays architecture in Orange, now a dialysis clinic, has been awash for $8.8 million, according to the allowance Newmark Knight Frank.
The single-tenant, 21,000-square-foot dispensary is busy by Fresenius Medical Care. Originally congenital in 1988 with a complete advance in 2016 to accommodated Fresenius’ specifications, the architecture sits on 1.63 acreage at 1809 West Chapman Ave.
NKF’s Arch Managing Admiral Glenn Rudy and Rob Ippolito represented the seller, Orange County-based Adray Plaza LLC. The buyer, a Southern California-based ancestors trust, who was in a 1031 exchange, was represented by Matthew Graham of Graham & Associates.
Another Orange County auberge has gotten a top-to-bottom, multimillion-dollar makeover.
The Hyatt Regency JWA Newport Beach at 4545 MacArthur Blvd. has revamped its 343 guestrooms with Italian marble-laden bathrooms and 65-inch Smart TVs.
Other reinvigorated accessories accommodate the gym, a addition and yoga room, resort-style basin and jacuzzi, a atramentous marble adverse at the hotel’s BLVD cocktail bar and Venetian bashed pillars in the dining room.
Last week, the Register appear the Wyndham auberge in Irvine had been adapted and rebranded beneath Sonesta. The auberge at 17941 Von Karman Ave. has 335 apartment and suites and 11 venues that add up to 7,500 aboveboard anxiety of adjustable affair space. Guests accept admission to a fettle centermost and calm basin as able-bodied as Copper Chef Kitchen & Bar featuring farm-to-table Californian cuisine.
The Crown Cabot Financial Centermost at 28202 Cabot Road in Laguna Niguel has awash for bearding terms, according to the broker, Newmark Knight Frank.
The six-story, multi-tenant arrangement architecture with 175,268 aboveboard anxiety is 87 percent active by 26 tenants including Morgan Stanley, Bank of America, Acrisure and ActivePDF. The Class A acreage is on about 7 acreage and was congenital in 1989, and adapted in 2018.
NKF’s controlling managing administrator Paul Jones, co-head of U.S. Basic Markets Kevin Shannon, managing administrator Blake Bokosky and arch accessory Brandon White represented the institutional seller. The buyer, Long Beach-based Harbor Associates, represented itself.
A multi-tenant retail asset in the Belmont Shore adjacency of Long Beach has been awash for $5 million, according to Newport Beach-based Hanley Advance Accumulation Absolute Acreage Advisors.
According to Hanley, the two-story, Spanish Colonial Revival-style architecture about 1952 is one of the few actual bartering barrio on 2nd Street that retains its aboriginal architectural appearance. It was the aboriginal time in about 20 years the acreage has been accessible for sale.
The accord included 20 parking spaces on the property. The 8,991-square-foot, absolutely busy architecture is on 0.30 acreage at the circle of 2nd Street and Santa Ana Avenue at 5354 East 2nd St.
Hanley Advance Accumulation controlling carnality presidents Kevin Fryman and Carlos Lopez, forth with admiral Ed Hanley, represented the seller, a clandestine abettor from Jackson, Wyoming. The buyer, a clandestine abettor from Long Beach, was represented by CBRE arch carnality admiral Nathan Holthouser in the firm’s Newport Beach office.
An automated architecture in Irvine has awash for $7 actor to a abreast endemic absolute acreage investor, according to CBRE.
Keith Greer and Ross Fippinger with CBRE represented the seller, Valencia Energy Storage. The buyer, Hugo Holdings, a abreast owned, Costa Mesa-based absolute advance accumulation was represented by an alfresco broker.
The automated architecture at 1672 Reynolds Avenue totals 34,869 aboveboard anxiety and has an added 5,600 aboveboard anxiety of arrangement space.
The acreage is active by Wet Products and acclimated as a warehouse.
Newport Beach-based CapRock Partners has burst arena on Interchange Automated Center, a 683,000-square-foot Class A automated circuitous in North Las Vegas.
The automated development, which was bought from a clandestine abettor in July 2019, is on a 33-acre bindle at the circle of the I-15 and I-215.
Interchange Automated Centermost is CapRock’s aboriginal ground-up development alfresco of California and is allotment of the firm’s advance action into Western markets above California, including Nevada and Arizona.
Trumark Cos. has assassin Jeffrey Sofferman as controlling carnality admiral and will advance the relaunch of Trumark Commercial, the company’s bartering absolute acreage advance and development arm. He brings about 30 years of bartering absolute acreage acquaintance to the position. His role will accommodate kickstarting “a activity of bartering and mixed-use development projects for the firm.” He’ll be based in Trumark’s Newport Centermost office.
Sara Grootwassink Lewis has been appointed as an absolute administrator to Healthpeak Properties’ board. Her arrangement expands the lath to eight directors. Lewis founded and serves as the arch controlling of Lewis Corporate Advisors, a lath and basic markets advising close in Rancho Santa Fe. Healthpeak Properties is a absolute acreage advance assurance traded on the S&P 500. The aggregation owns and develops absolute acreage in activity science, arch apartment and medical arrangement categories.
Starting at 9 a.m. on Saturday, Dec. 7, Clark Keppel, an associate abettor with the Yorba Linda arrangement of Coldwell Banker Residential Brokerage.
Agents with the Yorba Linda arrangement of Coldwell Banker Residential Allowance will be accession aliment donations for the 20th Annual Stuff The Van Aliment Drive.
The contributions will go to Yorba Linda Aliment for Families, an alignment that provides aliment and abetment to low-income families in the association on a year-round basis.
Sales abettor Clark Keppel will drive through the Bryant Ranch association in East Yorba Linda to aces up non-perishable donations.
For questions or to agenda a donation aces up, acquaintance Keppel at 714-335-1626 or firstname.lastname@example.org.
Real acreage transactions, leases and new projects, industry hires, new ventures and accessible contest are aggregate from columnist releases by accidental biographer Karen Levin. Submit items and high-resolution photos via email to Business Editor Samantha Gowen at email@example.com. Please acquiesce at atomic a anniversary for publication. All items are accountable to alteration for accuracy and length.
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