The Best Western-owned boutique hotel has opened its doors and pool in the Disneyland Resort area.
Hotel Lulu opened on May 14 as the pandemic restrictions were relaxed. There are 310 rooms and a restaurant called Lulu’s Kitchen. Light meal at Lulu’s Coffee in the outdoor pool. Fitness center, conference and event space.
The hotel is managed by Azul Hospitality Group, a San Diego-based hospitality company also owned by J Street Hospitality in San Diego.
“This new hotel exudes the energy to love the fun of Anaheim, with everything travelers may need to relax and relax after a day of adventure,” said hotel manager John Chan. Said.
Some facilities include:
- Arts and crafts for kids in the pool (there is a bar for parents).
- Enjoy a floaty and a drink while watching a movie in the pool. (This is seasonal as the weather allows).
Address: 1850 S. Harbor Blvd.
Surf City Industrial Sales $ 35.3 Million
According to CBRE, two rental industrial buildings on Huntington Beach have been sold to Crown Associates Realty in Beverly Hills for $ 35.2 million.
The first property is a 60,891 sq ft building on approximately 3 acres on 15301 Springdale St. The two-story property is the headquarters of Vispero, which provides assistive technology for the visually impaired.
The second property is a 3.3-acre 61,389-square-foot building on 15461 Springdale St. The two-story property was built in 1976 and is home to the IT services management company Applied Computer Solutions.
CBRE’s Jeff Carr has negotiated a sale on behalf of the buyer. The seller’s Sales Regist Group was represented by CBRE’s Brad Bierbaum and Gary Stache.
Church relocated to Ilimbe’s office
A 16,554-square-foot corporate property in Irvine’s 17660 Cowan is sold to the Mesa Church, which turns it into a worship center.
DAUM Commercial Real Estate Services represents the Mesa Church, saying the conversion will begin in the coming months.
“When looking for the right place in a tight market like Orange County, users and brokers must be equally agile and creative,” said Charlie Win of DAUM.
According to Win, the 70-year-old Mesa Church, first launched in Costa Mesa, is based on the Vanguard University campus.
The church hopes that Irvine’s facilities will be opened for Easter service next year.
Two industrial real estate for sale
The Arere Property Group in Newport Beach has acquired two existing industrial buildings in Orange County in separate transactions.
The terms of those transactions were not provided.
The company purchased 120,000 square feet of industrial property in 5.2 acres of Irvine, previously owned and occupied by Ricoh USA. Ricoh recently acquired a stake in Orange County. Move business to Inland Empire..
Aria said the project is expected to be completed by 2023 and the site will be redeveloped.
Real estate developers have also purchased a 47,000-square-foot warehouse on 14422 Astronautics Drive in Huntington Beach. The building is rented by Terrible Herbst Motorsports.
“The McGaw and Astronautics properties fit well with Alere’s long-term investment approach and are currently strengthening West Orange County’s portfolio of industrial spaces totaling over 750,000 square feet,” said Alan Carmichael of Alere Property Group. I will. “These acquisitions complement the combination of large format properties ranging from 20,000 to 70,000 square feet and a portfolio of medium-sized buildings.”
Self-storage property sold at BP
688 self-storage facilities on 6990 Noritz Avenue in Buena Park have been sold.
The deal included three properties in Washington, Inglewood (638 units), Hayward (900 units) and Shoreline (857 units), which were sold by a joint venture advised by Baranov Holdings and Crow Holdings Capital. It was.
The conditions are not published. Cushman & Wakefield represented the seller. The purchaser was a public storage self-storage real estate investment trust.
Purchase outside CA
IHP Capital Partners and Vade Partners in Newport Beach have set up a joint venture to acquire the remaining 3,721 acres of land for development within Vistancia, a 7,100-acre master plan community in Peoria, Arizona.
No terms of acquisition are provided.
The deal includes 3,300 qualified homes within North Point of the Bystancia community and 370 acres of commercial multipurpose development.
Vistancia is located in the Phoenix metropolitan area of Peoria, about 35 miles from downtown Phoenix.
Real estate person
Nicole Byron has joined the Digonzini Group as Operations Manager at the company’s Lake Forest office, which also serves the company’s office in La Quinta. The Digonzini Group is part of Keller Williams International. Byron holds a bachelor’s degree in kinematics from the University of Maine and has been involved in operational management of the health and wellness industry for the past three years. She also has a real estate license.
The New Home Co in Aliso Viejo. Leonard Miller, President and Chief Executive Officer of the City of Hope, received the 2021 Spirit of Life Award from the City of Hope.
The award is given to industry leaders around the world who have made “an important effort to help people in need,” says Hope.
The City of Hope Construction Industry Alliance acknowledged that Miller has contributed to the industry and has shown compassion for humanity.
The Spirt of Life Gala has raised $ 500,000 for a hospital that specializes in treating cancer patients.
Real estate transactions, leasing and new projects, industry recruitment, new ventures and upcoming events are edited from a press release by contributor Karen Levin. Email the item and high resolution photos to the business editor Samantha Gowen. email@example.com.. It will take at least a week to publish. All items may be edited for clarity and length.
Hotel Lulu opens across from Disneyland; 2 Surf City buildings sell for $35.5M – Orange County Register Source link Hotel Lulu opens across from Disneyland; 2 Surf City buildings sell for $35.5M – Orange County Register