La Palma’s Centerpointe office park sells for $106 million – Orange County Register
Irvine-based Greenlaw Partners and Westbrook Partners have bought a 10-building business park in La Palma for $106 million. Newport Beach brokerage Newmark Knight Frank, or NKF, represented the seller, an East Coast-based pension fund adviser. (Courtesy of NKF)
Olen Properties has bought a nine-story office tower in Newport Beach for $75.6 million from Los Angeles-based American Realty Advisors. (Courtesy of Cushman & Wakefield)
New York-based JOSS Realty Partners has brokered the $30.5 million sale of 1315 Lincoln Blvd., a Santa Monica office building, to Lake Forest-based MDC Realty Advisors. (Courtesy of JOSS Realty Parnters)
The Bascom Group in Irvine has acquired Casanova Grove Apartments, a 76-unit infill complex in Monterey for $16.7 million. The sale closed Sept. 14. (Courtesy of Bascom Group)
Phillip DeRousse has been promoted to principal from associate at the Orange office of Lee & Associates. DeRousse started his career working for the city of Santa Fe Springs, where he specialized in the conditional use permit and regulatory permit process.
Patrick Klein was appointed senior vice president and chief technology officer of Essex Property Trust in Irvine. Klein leads the company’s technology, strategy and transformation. Before joining Essex, he spent many years with Prologis and CBRE.
KTGY Architecture + Planning’s Irvine office was honored for its Oakwood Olympic & Olive, which earned the Honor Award at the annual American Institute of Architects Orange County Design Awards. (Courtesy of KTGY)
KTGY Architecture + Planning’s Irvine office was honored for its Park House project, which earned the Inspire Award at the annual American Institute of Architects Orange County Design Awards. (Courtesy of KTGY)
Two real estate investment firms have jointly bought a 10-building business park in La Palma for $106 million.
Irvine-based Greenlaw Partners and Westbrook Partners, with offices in Los Angeles, bought Centerpointe La Palma, which includes three…