Orange County

SoCal Data Center Activity Up for 1H18

Kelsi Maree Borland | September 19, 2018

Data center activity totaled 5.2 megawatts in the first half of the year, and research shows the market is poised for more growth.

The Hidden Way to Boost Your Office Design

Kelsi Maree Borland | September 18, 2018

Demountable walls are often overlooked, but they can easily change the aesthetic and an office space and add flexibility to the floor plan.

OC Housing Trust Will Launch in 2019

Kelsi Maree Borland | September 17, 2018

AB 448 has passed through the State Legislator and will launch in 2019 as a gap-funding source to build permanent supportive housing.

How Has Ecommerce Changed Industrial Design?

Kelsi Maree Borland | September 14, 2018

More warehouse space with larger truck yards and multi-story industrial are the trademarks of industrial development today.

Retail Investment Activity Ticks Up in 1H18

Kelsi Maree Borland | September 13, 2018

Retail investment activity has increased steadily since early 2015, and the West Coast is leading the US market.

Why Did the New SSTB Regs Omit Real Estate?

Kelsi Maree Borland | September 11, 2018

The new section 199A regulations for Specified Service Trade or Business did not qualify when a real estate rental property is a trade business.

The Rapid Change Underway With Industrial Logistics

Kelsi Maree Borland | September 10, 2018

The Amazon effect has had a huge impact on industrial logistics and warehouse design, and it will continue to change rapidly over the next decade.

How Landlords Can Attract a Tech Companies

Kelsi Maree Borland | September 06, 2018

Tech companies have become the crème-de-la-crème of office tenants, and they are looking for very specific product.

The Centerpiece Every Retail Project Needs

Kelsi Maree Borland | September 05, 2018

Experiential water features are becoming “the next big thing” in quality retail projects as a way of driving consumer traffic.

Inside the $200M Upgrade to the Irvine Spectrum

Kelsi Maree Borland | August 31, 2018

The Irvine Co. completes a $200 million capital investment of the Irvine Spectrum to ensure the long-term stability of the popular retail destination.

Orange County Has Dueling Tech Hubs

Kelsi Maree Borland | August 29, 2018

Tech companies and start-ups are congregating in the Airport Area and at the Irvine Spectrum in Orange County.

The Custom App Technology Revolutionizing CRE

Kelsi Maree Borland | August 20, 2018

You don’t need a developer or an IT team to customize your own technology tools with tech platform Airtable, which doesn’t require any coding knowledge.

Analysis

How Does SoCal Industrial Stack Up?

Kelsi Maree Borland | August 15, 2018

All of the industrial markets in Southern California are seeing record occupancy rates and rental rates, but the market drivers are very different.

Don’t Fret Over Central OC Office Performance

Kelsi Maree Borland | August 14, 2018

The Central Orange County office market has had anemic start to the year, losing two large tenants to the Airport Area, but vacancy and rental rates remain strong.

Opportunity Zone Tax Incentive Is a ‘Game Changer’

Kelsi Maree Borland | August 13, 2018

The opportunity zone tax incentive—part of the new tax plan—could be integral in the development of workforce housing.

Breaking the Mold of Transitional Housing

Kelsi Maree Borland | August 10, 2018

Designers and architects are bringing a unique skillset to the challenge of creating more transitional homeless housing by integrating communities seamlessly into communities.

SoCal Is Dominating the Life Science Sector

Kelsi Maree Borland | August 09, 2018

San Diego may have the reputation for a stellar life science market, but life science activity is up throughout Southern California.

Why Workplace Wellness Is Sweeping the Office Market

Kelsi Maree Borland | August 08, 2018

Workplace wellness is becoming a top consideration for office users, and lack of attention to the trend could impact leasing activity.

Filling the Void for For-Sale Housing Options

Kelsi Maree Borland | August 07, 2018

Lennar has broken ground on Tustin Legacy, a new masterplanned housing community that will bring 218 for-sale homes to Orange County’s tight housing market.

How Companies Are Curating a “Cool Culture”

Kelsi Maree Borland | August 06, 2018

Company culture has become integral to attracting ad retaining top talent, but how do you create a winning company culture?

Industrial Owners Will Take Credit Over Rent

Kelsi Maree Borland | August 03, 2018

With the limited industrial supply, owners are opting for quality credit tenants over top rental rates.

Multifamily Sales Volumes Down 31%

Kelsi Maree Borland | August 02, 2018

Multifamily investment sales are down for the year in Orange County, compared to 2017, because of a lack of inventory.

Landlords Are Easily Backfilling Big Boxes

Kelsi Maree Borland | August 01, 2018

With Toys R Us shuttering this year, there is concern about how landlords will backfill boxes, but with a 3.5% vacancy rate, the problem in OC is moot.

This Workforce Housing Model Delivers 25% IRR

Kelsi Maree Borland | July 31, 2018

Urban Pacific Group’s new construction workforce projects are privately funded and deliver incredible returns to investors.

Industrial Renewals Drive Leasing Volume

Kelsi Maree Borland | July 30, 2018

Industrial lease renewals dominated leasing activity in the second quarter as limited space has left few relocation options.

Lack of Quality Retail Space Fumbles 2Q Leasing

Kelsi Maree Borland | July 27, 2018

Second quarter leasing reports show strong tenant demand, rising rental rates and a low 3.5% vacancy rate.

A New Plan to Combat Growing Homelessness

Kelsi Maree Borland | July 26, 2018

AB 448, which is expected to pass next month, will help Orange County set up a trust to develop 2,700 units of low-income housing.

Why You Shouldn’t Worry About the Next Downturn

Kelsi Maree Borland | July 25, 2018

Stream Realty Partners is heading into an expansion phase, and Martin Pupil, who is leading the charge, says that if a downturn happens, it will only accelerate growth.

News

Four-State Portfolio Shows Industrial's Still Hot

Lisa Brown | July 24, 2018

The 16 industrial and warehouse properties that comprise the industrial portfolio collectively total nearly 3 million square feet across Washington, Nevada, California and Arizona in seven markets.

Office Leasing Velocity Grows, But Falls Short

Kelsi Maree Borland | July 24, 2018

Office leasing activity grew to 1.9 million square feet in the second quarter, but still fell short of the 2.1 million square foot historical average.

Retail Investment Activity Slows in SoCal

Kelsi Maree Borland | July 23, 2018

While some sales are breaking records, overall, retail sales volumes are down $768 million throughout the state this year.

New Deliveries Stagnate Vacancy Rates

Kelsi Maree Borland | July 20, 2018

The office vacancy rate remained relatively flat in the second quarter, but new office product is being absorbed.

Unemployment Rate Hits Record Low

Kelsi Maree Borland | July 19, 2018

In April and May, the unemployment rate in Orange County was 2.6%, the lowest rate in nearly 20 years.

Prop 65 Means Re-evaluating Existing Signage

Lisa Brown | July 18, 2018

In the second of a two-part EXCLUSIVE, John Allen and Vaneeta Chintamaneni of Allen Matkins discuss how amendments modify the safe harbor content and delivery methods for all Prop 65 warnings.

Sabal Gains New Institutional Ownership

Kelsi Maree Borland | July 18, 2018

Funds managed by Stone Point Capital are acquiring a majority stake in Sabal Capital, which will help the firm expand into its next chapter.

Prop 65 Amendments Take Effect on August 30

Lisa Brown | July 17, 2018

In the first of a two-part EXCLUSIVE, John Allen and Vaneeta Chintamaneni of Allen Matkins discuss how the new regulations of Prop 65 make the warning signage regulations stricter.

Investors Are Refinancing Now Before Rates Go Up

Kelsi Maree Borland | July 17, 2018

Advanced Real Estate Services closes nearly $252 million in apartment financing deals, and the majority were early refinancings.

Sabal Capital Takes on Affordable Housing

Kelsi Maree Borland | July 13, 2018

The firm has been approved as a seller-servicer for Freddie Mac’s targeted affordable housing express offering to provide a capital solution for sub $10 million affordable housing deals.

Duke’s SoCal Industrial Portfolio Hits 10M SF

Kelsi Maree Borland | July 12, 2018

With a healthy supply of office space in the L.A. market, tenant brokers say that landlord reps should abandon the no-quote strategy on marketing materials.

Retail Leasing Volume Levels Off This Year

Kelsi Maree Borland | July 11, 2018

After a record 2017, retail leasing volume this year seems to be leveling off and renewing clients may be looking for rent reductions in the second half of the year.

How Fast Do Industrial Assets Really Sell?

Kelsi Maree Borland | July 10, 2018

With limited availability for investment opportunities, industrial assets are getting multiple offers within days of hitting the market.

Co-working Operators Expand Rapidly in OC

Kelsi Maree Borland | July 09, 2018

Orange County has officially joined the co-working revolution with a market that has grown to more than 680,000 square feet.

Does the Multifamily Market Have More Room to Grow?

Kelsi Maree Borland | July 06, 2018

The latest quarterly report shows vacancy rates inching up while rental rates continue to climb.

Is 1031 Exchange Deal Volume Growing?

Kelsi Maree Borland | July 05, 2018

There have been a huge volume of 1031 exchange deals this year, but Marcus & Millichap’s Tyler Leeson says the volume is nothing new.

Why Multifamily Investors Are Vying for Anaheim Deals

Kelsi Maree Borland | July 03, 2018

With a healthy retail base and few multifamily investment opportunities, Anaheim has become a target market for national and international investors.

Office Investment Volume Matches 2017 Numbers

Kelsi Maree Borland | July 02, 2018

Office investment demand continues to be strong this year, and there are plenty of large opportunities for investors on the market.

Why Fitness Tenants Are Leading Retail Leasing

Kelsi Maree Borland | June 29, 2018

New research from CBRE shows that fitness tenants are one of the most active occupiers in Southern California.

Industrial Land Prices Compete With Multifamily

Kelsi Maree Borland | June 28, 2018

Industrial land prices are reaching historical highs, and are now competitive with multifamily in some submarkets.

OC Capital Is Heading Out of State

Kelsi Maree Borland | June 27, 2018

Orange County-based Alpha Wave Investors is starting a new round of value-add acquisitions in North Las Vegas, and is active in Tucson and Salt Lake City.

Why Private and Institutional Capital Are Joining Forces

Kelsi Maree Borland | June 26, 2018

Private and institutional capital sources are teaming up to take advantage of both large and small industrial deals in Southern California.