In an article from the OCBJ.com, The Michelson, a 19-story Irvine tower considered to be one of Orange County’s premier office buildings, is on the market for sale and could draw a record-breaking price from investors. New York-based landlord Emmes Group of Cos. has owned the 536,000-square-foot building for about three years and put the tower on the market earlier this month, according to real estate sources. New York-based brokerage Eastdill Secured, whose local operations are based in The Michelson, has the listing for the building, along with ORION Property Partners, Inc. in Irvine. The building, located in the Park Place mixed-use campus near John

THIS JUST IN! News watch in the world of real estate today is showing strong activity in the areas of Research and Development; especially in the areas of John Wayne Airport and South Orange County. Together, the areas are said to represent the largest base of the submarket with an estimated 28 million square feet, a 65% of the total amount of 42 million square feet for Orange County’s Research and Development space as a whole. According to the Orange County Business Journal (OCBJ), details indicate both strength and improvement. From increased square footage to more growth and expansion to come, areas of Research and Development

When evaluating potential variables within the commercial real estate market, ORION Property Partners understands the overlaying effects of other professional industries and how those waves of performance roll over into the Orange County market; understanding the causes and effects within the industry is critical for long term success. Currently in today’s economy, areas of technology, medical, and lending are performing well. With estimations in all the areas continuing to increase, these industries are looking to expand and with company expansion, comes the need for a larger office space lease. Approximately 12 to 20 large tenants within Orange County currently holding 100,000 square feet or higher

Throughout history, times of duress in the US economy not only cause much stress within businesses and the community, but also allows for the windows of opportunity to open for those who are willing to climb through. For those daring, entrepreneurial actions do come with elements of risk, however with determination and strong leadership, ORION Property Partners works to bring you the desired high levels of reward and long term success. Despite the waves of doubt caused by the crash of 2007 and 2008 within the commercial real estate market, companies continue to strive through the down market by pulling out positive returns through real

For many large companies, variables in today’s market can cause natural hesitation during a commercial real estate transaction. With economic stability still being a question in the air and the heavily anticipated presidential election year, 2012 has its’ odds for rebound against it. However, within the world of commercial real estate, from construction to purchasing, Orange County’s market strength is showing to be favorable in the eyes of many as office space leasing continues to pave a strong road ahead. In last year’s data reports, office and industrial leases came to an estimated total of 4.9 million square feet; providing a 33% market increase over

As one of the leading counties of Southern California, Orange County’s economy is continuing to show its’ economic strength. As more signs are seen and more reports are generated, positive results are coming together that highlight a strong future here. From one of the most top producing job markets to maintaining home value stability, Orange County is holding its’ ground in today’s market while making improvements for an ever bigger, stronger future; especially in the areas of office space for lease. One tall tale sign seen is the growth of construction seen in Orange County’s commercial real estate. Reported by the Orange County Business Journal