Orange County Industrial Market Holds Steady, Still Hampered by Supply, reveals Q1 2018 Cushman & Wakefield Report

IRVINE, Calif. – April 18, 2018 –  Cushman & Wakefield’s new market report for the Orange County industrial sector shows the region remains stable, yet still hampered by a lack of viable industrial supply. According to the report, vacancy closed the first quarter of 2018 at just 1.9%, a strong level it has maintained for four consecutive quarters. […]

Westcore Properties Purchases ±1 Million SF Northgate Industrial Portfolio in SoCal’s Inland Empire

IRVINE/INLAND EMPIRE – November 30, 2017 –  Bentall Kennedy, on behalf of an institutional client, has successfully completed the disposition of a fully leased, two-building Class A industrial portfolio totaling 1,025,324 square feet (sf) in Southern California’s renowned Inland Empire. Known as the Northgate Industrial Portfolio, the asset(s) consisted of the premier distribution buildings at 927 East 9th […]

Newly Built West Fontana Logistics Center Sells for $19.75 Million – Located in Inland Empire

IRVINE, Calif. – September 28, 2017 – West Fontana Logistics Center, a brand new 135,651-square-foot (sf) state-of-the-art industrial facility in Fontana (Inland Empire), California has sold for $19.75 million or $146 per square foot. LA Industrial 1, LLC, an affiliate of Zurich North America, acquired the property from CP Logistics Fontana, LLC, an affiliate of Panattoni Development Company. The […]

190,400 SF Trophy Office Tower Sells for $76 Million in Newport Beach

IRVINE, Calif. – September 18, 2017 – Cushman & Wakefield announced today the $75.6 million sale of 4100 Newport Place Drive, a 190,405-square-foot (sf) Class A office tower in Newport Beach (Orange County), California. The buyer was Olen Properties, a commercial and residential real estate development and management company based in Orange County, which acquired the asset from […]

145,000 SF Panasonic Avionics HQ Building Sells in South Orange County

IRVINE, Calif. – August 31, 2017 – Cushman & Wakefield announced today the sale of a fully leased 144,906-square-foot (sf) Class A office/R&D building located at 26200 Enterprise Way in Lake Forest (Orange County), California. Since its construction and build-to-suit design in 2000, the property has long served as the main corporate headquarters building for Panasonic Avionics Corporation […]

National Industrial Developer Dermody Properties Expands to Southern California with Acquisition of 75,960 SF Facility

Dermody Properties, a national real estate investment, development and management company headquartered in Reno, Nevada and specializing in acquisitions and development of industrial real estate in strategic locations across the United States, recently acquired the Bloomfield Industrial Center located in Santa Fe Springs from a private investor. Located at 10712-10748 Bloomfield Ave. this 75,960-square-foot warehouse and distribution […]

Diamond Bar’s Bridgegate Plaza Sells to Great Far East

IRVINE, Calif. – July 19, 2017 – Cushman & Wakefield announced today that Bridgegate Plaza, an approximately 135,000-square-foot state-of-the-art office building in Diamond Bar, California has sold. The buyer was Great Far East (GFE). Jeffrey Cole and Ed Hernandez of Cushman & Wakefield’s Irvine office in collaboration with John Bibeau and Steven Saunders of CBRE […]

Southern California’s 1.17M SF Rancho Pacifica Park Sold

LOS ANGELES, Calif. – July 19, 2017 – Rancho Pacifica Park, a nearly 1.2 million square foot (msf) industrial/flex project totaling six buildings and situated on more than 55 acres, has sold. The master planned project is located in the city of Rancho Dominguez, within the flourishing South Bay market of Los Angeles. The buyer […]

Cushman & Wakefield Expands Capital Markets Team in Los Angeles

LOS ANGELES, CA, October 20, 2016 – Cushman & Wakefield announced today that Paul Darrow has joined the firm as Managing Director.

Mr. Darrow, a prominent broker of multifamily investments and development opportunities in Southern California, will join the company’s Multifamily Advisory Services Group and operate out of Cushman & Wakefield’s office in Downtown Los Angeles. […]

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