This targeted commercial real estate report focuses on the South Orange County submarkets of Rancho Santa Margarita, Lake Forest/Foothill Ranch, and San Clemente.
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Read Our Latest San Clemente Times Column: "Business Buzz: Historic City Hall To Be Demolished, Exact Replica To Be Built In Its Place."
By Arrow Santos
Recently, the building owner of Historic City Hall (101 S El Camino Real) reached out to us to aid in his search for new uses for his iconic property. He had correctly heard that quixotic contrivances were our business specialty within the San Clemente Chamber of Commerce, and we readily welcomed his enlistment for this endeavor.
Located on arguably one of the best business lots in downtown San Clemente, Historic City Hall commands a view down Del Mar, with the sightline stretching beyond to the ocean and horizon. Unlike its exhilarating position at the top of town, not much excitement has made its way from the exterior to the interior in many moons. Also, what’s up with everyone saying this location never was city hall historically anyway!?...…continue reading
Applied Medical Owns 36% Of All Rancho Santa Margarita Industrial Real Estate Space
By Arrow Santos and Jim Wynne
Applied Medical is a medical device company specializing in innovative new technology and the advancement of minimally invasive surgery. Applied Medical was founded in 1987 by Said Hilal and had only seven employees at first. Now a business powerhouse and real estate empire, the company employs over 5,000 people across the globe. Headquartered in Rancho Santa Margarita, Applied Medical has purchased dozens of industrial properties across the city over the last few decades. Take a drive around town and you will see their brand-painted industrial buildings all around the business park....…continue reading
Read Our Latest San Clemente Times Column: "My Afternoon With Ole."
By Arrow Santos
Of the “7 Wonders of the Ancient World,” only one remains today: the Great Pyramid of Giza. The other six have been lost to history, with the occasional rubble heap left behind.
To be fair, the Great Pyramid started as a stone pile and has dutifully remained as such ever since. The rest of those once irreplaceable locations are essentially of no relevance today.
Recently, San Clemente’s very own “Wonder” of the not-so-ancient world, Casa Romantica, nearly turned into a pile of stones.
Coastal cliffside instability under the Casa led to two major landslides in recent months, causing significant damage to the estate, disruption to railroad service on the tracks below, and uncertainty about the future of this nationally registered historic site...…continue reading
As a small means of hope in these troubling times, we have curated and prepared a list of business resources with potential means of relief for those whose economic enterprises are in danger because of the Coronavirus pandemic (which seems to be an exponentially growing number of people every new day).
Service industry businesses have been obliterated essentially overnight, with the ripple to all businesses not far behind.
San Clemente, CA: The Emergency Shelter Coalition will steamroll the resounding “NO” vote from local business owners and proceed to close escrow on two combined 10-acre land parcels along Avenida Pico. The vote, tallied last month, determined if the land in question could be removed from the Rancho San Clemente Business Park Association’s covenants, conditions and restrictions. The resolution to remove failed to pass, with an overwhelming majority of approximately two “no” votes for every one “yes” vote.
After our original story was posted just over a week ago, we received an overwhelming response from the community. Many individuals were surprised or frustrated that an escrow had been opened with a homeless shelter operator without a public announcement. Others we spoke with were not aware their vote was needed before escrow can close. Multiple business park members even stated they had thrown their ballots away without realizing what was going on.