Ready to find a commercial property? Remember your NUCLEAR options
by Allen Buchanan on November 16, 2020 at 9:20 pm
Remember this word: NUCLEAR (need, urgency, catalyst, loyalty, expectations, authority and resources.
Q&A: How RiverRock Real Estate is reimagining the workspace for a post-pandemic world
by Sandra Barrera on November 15, 2020 at 4:00 pm
The firm is embarking on a major state-of-the-art renovation guided by designers, a Feng Shui master and Fitwel.
Real estate news: 10-story office tower in Santa Ana converting to 148 apartments
by Samantha Gowen on November 13, 2020 at 5:15 pm
The former offices are being broken up into 148 apartments that will be targeted to Workforce Housing residents, or those making 100% of area median income. Units will include studios, one-bedroom and two-bedroom styles with rent starting in the low-$2,000 range, according to Alliant.
Real estate news: Santa Ana Arts Collective, 58 affordable live-work lofts, debuts
by Staff report on November 6, 2020 at 4:45 pm
The collective was adapted from a 1965 office building into 58 studio, one-, two-, and three-bedroom lofts. The project includes 10 affordable two- and three-bedroom townhomes. The units rent from $448 to $2,000.
Newport Beach Marriott Hotel sells for $216 million
by Jonathan Lansner on November 5, 2020 at 2:21 am
Newport Marriott had an average room rate of $203 last year when it was 79% full.
More malls dragged into bankruptcy as retail carnage continues
by Bloomberg on November 3, 2020 at 12:24 am
The pandemic worsened an already dire situation for brick-and-mortar retailers, with a steady stream of chains falling victim as their customers shifted to online shopping. J.C. Penney Co., J. Crew Group and the owner of Ann Taylor are among the dozens of chains that have sought court protection since Covid-19 lockdowns throttled in-store shopping this year.
Relocation advice for transitioning companies
by Allen Buchanan on November 1, 2020 at 1:00 pm
In various columns, I’ve described several changes that occur during the life of a family operated business – specifically, manufacturing and logistics interests. These outfits are owned by your neighbors next door and employ millions around the United States. Business transitions include acquiring a competitor, the death of a matriarch, exponential growth, loss of a
Real estate news: 226 new apartments coming to South Coast Metro
by Staff report on October 30, 2020 at 3:30 pm
The five-story complex at 651 Sunflower will have a coworking lounge with private offices, a dog park and washing station, three large courtyards with a pool, spa, and water features, and two rooftop decks.
CBRE shifts headquarters from California to Texas
by Kevin Smith on October 29, 2020 at 11:51 pm
Lew Horne, president of advisory services for the company’s Pacific Southwest region, said the move “formalizes how the company has been operating for the past eight years.” He didn’t elaborate on details of the move.
San Francisco’s Transamerica Pyramid sells for $650 million
by Bloomberg on October 28, 2020 at 10:05 pm
It was bought by a group led by New York developer Michael Shvo’s namesake company and Deutsche Finance America.