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Tesla Collision Center property in Irvine sells for $21M – Orange County Register

The 35,616-square-foot building that’s home to a Tesla Collision Center in Irvine sold May 28 for $21 million. SRS Real Estate Partners said Tesla has a 10-year triple net lease with options to extend at 18011 Mitchell South. The seller was North Palisade Partners, a Los Angeles-based developer. The buyer, Np Mitchell LLC, was represented by Costa Mesa-based Tidemark Real Estate. SRS Capital Markets Senior Vice President Pat Weibel said the property offered up a well-known tenant in “an affluent demographic base in the heart of Orange County, on the border...
USA Property

1,100 acres near Bithlo with 500 homes pre-approved

An 1,100-acre property just east of Bithlo is now on the market as Orange County’s next big development opportunity, with entitlements for 500 homes in an area that has long been left out of the region’s breakneck growth. The Honey Bee Ranch property, once a working cattle ranch, is generating extraordinary interest from developers keenly aware how little developable land remains in Orange County, listing agent Daryl Carter of Maury L. Carter & Associates told GrowthSpotter. “It’s well-located, not too far from UCF, Seminole State College, and the South Florida...
USA Property

1,100 acres near Bithlo with lakefront lots

An 1,100-acre property just east of Bithlo is now on the market as Orange County’s next big development opportunity, offering lakefront lots in an area that has long been left out of the region’s breakneck growth. The Honey Bee Ranch property, once a working cattle ranch, is generating extraordinary interest from developers keenly aware how little developable land remains in Orange County, listing agent Daryl Carter of Maury L. Carter & Associates told GrowthSpotter. “It’s well-located, not too far from UCF, Seminole State College, and the Central Florida Research Park,...