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SANTA ANA, CA-The locally based REIT that specializes in buildings occupied by government entities distributes $43.9 million from liquidation proceeds.
ORANGE, CA-Stamford, CT-based GE Asset Management acquires the 386,011-sf Orange City Square, with Birtcher Anderson Realty acting as investment adviser.
PALM SPRINGS, CA-The KOR Hotel Group renames its Estrella Resort & Spa, christening it the Viceroy Palm Springs. The company also plans an expansion of the property.
SANTA ANA, CA-The 67-month deal is worth more than $2.8 million, or $4.60 per sf, for space in The Rockefeller Group's 300,000-sf building located at 2001 E. Dyer Rd. in Santa Ana.
SANTA ANA, CA-The $2.2-million sale is the third disposition in the office portfolio since CT acquired it from Newport Federal in 2001, with the fourth under contract. The 18,126-sf Boardwalk is an 82%-leased building that went to two private investors.