Behind the Renaissance of OC’s Urban Core

Mogharebi: “We have recently marketed and sold the 116-unit ECHO in Anaheim and the 84-unit Tustin View in Santa Ana. Each of these properties received almost a dozen offers and sold for nearly 97% of list price.”

COSTA MESA, CA—Anaheim and Santa Ana have historically been considered the heart of Orange County, but have been surpassed by newer suburban communities with modern amenities—but that’s all changing now, the Mogharebi Group’s founder and president Alex Mogharebi tells GlobeSt.com. The firm reports that there has been roughly $6 billion in redevelopment in Anaheim recently, and the Santa Ana is urbanizing so much that it is planning to add a streetcar system to its infrastructure. We spoke with Mogharebi about the renaissance of Orange County’s metropolitan core and where he sees it heading.

GlobeSt.com: How would you describe what’s been happening in the metropolitan core of Orange County from a real estate perspective?