Commercial, homepage, Tips for Investors

What’s New in Costa Mesa Commercial Real Estate?

Like many other cities fighting urban blight, the city of Costa Mesa is tackling new and experimental revitalization projects for its dated commercial spaces. The latest project in the works is The Press, a mixed-use, creative work-campus and food hall proposed for the former site of the LA Times newsroom, printing press, and distribution facility.

While the demand for trendy workplace environments in modern hipsturbias is on the rise, this project is right in line with that notion. Here are just a few highlights of The Press.

The details

The three-story, nearly 432,000 square-foot space is divided into five sections, with about 381,000 square feet of office space and 52,000 square feet of retail, restaurant and entertainment space.

Designed with a salvaged, industrial vibe, the building will be a combination of restored structure and modern architecture that nods to the site’s rich history.

Location, location, location

Located in Costa Mesa’s creative hub, The Press is located in the heart of O.C.’s new business corridor, which features SOCO & The OC Mix, Vans’ corporate headquarters, HIVE Costa Mesa, and AAA. It’s also just a few miles away from popular residential communities such as Irvine and Newport Beach, as well as John Wayne Airport.

Access to nature

The Press will feature a decidedly industrial look, but there will be plenty of natural elements woven into the design as well. Open floors, floor-to-ceiling-height windows, and an exterior galley will allow natural light into the environment. There will also be shared outdoor gardens and lush plants inside the building.

Dining and entertainment

The Market Hall will be a gathering place with options for food and drink in its 52,000 square feet of space. Currently being developed by Shaheen Sadeghi, creator and founder of LAB Holding, LLC, the same team that brought Costa Mesa the LAB Anti-Mall and The Camp, The Market will have a curated selection of 55 makers and restaurants featuring local and seasonal products, a park with a zen garden, curated art, open-air dining and cafes, and a central green for movies and markets. Ongoing events, as well as rideshare, bike share, and scooter share drop-off are also planned.

As The Press will show, innovative mixed-use projects are where it’s at, especially in Orange County real estate. Turning a commercial space into more of a destination with a variety of amenities will truly stand out amongst the competition.

Looking to lease space in The Press development or other projects located in Costa Mesa or the Orange County area?

As your Orange County, CA real estate specialists, Allwest Properties, Inc. offers a full range of real estate services for commercial, industrial, and multi-family apartment properties.

With over 25 years of industry experience, we offer a comprehensive array of solutions, including sales, leasing, tenant representation, landlord representation, investments, site selection, and consulting services. Our goal is to exceed our clients’ expectations with each and every transaction.

Testimonials

Ken E.

“Craig Wise did a great job in selling my rental property. He provided me with quality information about pricing it correctly, advertised and marketed it effectively, and provided solid guidance in negotiating a sales price. Craig was extremely professional in handling all aspects of my sale and got me top dollar for my property after only being on the market a few weeks. Craig will be my realtor for any future real estate needs.”

Robert B.

“I count it a great privilege to recommend Craig Wise for any of your Real Estate dealings. I first became acquainted with Craig as we worked side by side in the Real Estate Department of a major lender. During the fifteen years we have know each other we have gone from coworkers to good friends. I have always know Craig to deal with people with the utmost of character. This is the reason that when my son and daughter-in-law were first time buyers and I asked Craig to assist them through the entire process and he made sure the transaction went smoothly. You will not find someone who combines knowledge, skill and integrity to a greater degree than Craig.”

Estella G

“I have known Craig Wise for over twenty years on both a personal and business level. Craig has done a phenomenal job in building a loyal list of clients and a very professional image. Craig’s success stems from his ability to keep his client’s needs a high priority and consistently meeting expectations, even in the toughest markets. My house was recently sold by Craig in only 2 weeks. He thoroughly impressed me with his tenacity and dedication in finding me a single story home in this challenging market. Craig is an ideal realtor, he is a savvy yet humble individual, has a very energetic work ethic, is always eager to go above and beyond for his clients.”

Chris Z

Craig – thank you, I sincerely appreciate your dedication to getting things accomplished with the commercial association. You showed great fortitude given the difficult personalities over the years and I thank you for everything you have done