Lantern’s Edge opened inside the Marriott Laguna Cliffs Resort in Dana Point. (Photo by Brock Keeling/SCNG)
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Lantern’s Edge opened inside the Marriott Laguna Cliffs Resort in Dana Point. (Photo by Brock Keeling/SCNG)
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The Laguna Cliffs Marriott Resort & Spa has a new name, and soon a fashionable makeover.
JW Marriott and Aimbridge Hospitality are updating the Dana Point property, which has been rebranded The Ocean Cliffs at Dana Point, a JW Marriott Resort.
Hospitality design firms HKS and ROAM will give the nearly 40-year-old resort a contemporary aesthetic that strives to maintain Dana Point’s history of surf culture and painted cottages in its historic Lantern District.
The renovation work will update the 371-room resort’s overall design, expand communal spaces and improve amenities to match JW Marriott’s aesthetic, according to the company.
Enlarging and enhancing amenities are central to the renovation. JW Marriott said it’s adding a “destination-style” resort pool. Also new: a 6,000-square-foot ballroom, an expanded event lawn, a refreshed entry and a restaurant updated to include a signature chef.
““For nearly 40 years, this storied property has stood as a beacon overlooking Dana Point Harbor, calling both locals home and visitors to our shores to experience the quintessential Southern California coastal lifestyle,” said Ben Ly, the general manager of newly renamed resort.
The hotel will remain open during the renovations, which are expected to wrap up by early 2027
Brea office complex sells at a loss
The Brea office complex Fairway Center II is under new ownership after it sold this month for $27.85 million.
The 135,000-square-foot, three-story building at 675 Placentia Ave. was acquired by The Whittier Comstock LLC, a subsidiary of MW Investment LLC, which is owned by real estate investor Matthew Waken.
Property documents provided by PropertyShark.com indicate the seller was Redwood City-based Dollinger Properties, which bought Fairway Center II in 2019 for $33.5 million.
CBRE represented the seller in the transaction.
“Fairway Center II attracted significant interest amongst the investment and owner/user community alike,” said Anthony DeLorenzo, vice chairman at CBRE. “We received multiple competitive offers from a variety of buyer profiles and awarded the property to a private investor within the first 30 days of marketing.”
The property also has 617 parking spaces.
CBRE’s research team says north Orange County “continues to outperform the broader Orange County office market, supported by limited new construction, strong transportation connectivity and steady demand for well-located low-rise office properties.”
Twin apartment buildings sell for $3.4M in Anaheim
Twelve apartments in matching side-by-side buildings in Anaheim sold in mid-September for $3.4 million or $283,333 per unit.
Stanfield Real Estate Group represented the seller in a 1031 exchange. A single investor acquired both buildings.
Completed in 1956, the buildings at 1126 and 1122 W. Broadway each have six units, most of which are one-bedroom apartments. Each building features a single two-bedroom option that comes with a fireplace and private patio.
According to the brokerage, each building when fully leased took in roughly $141,240 in gross annual income. Rents range from $2,420 for the two-bedroom units to $1,850 for the one-bedroom apartments.
The real estate roundup is compiled from news releases and Submit items and high-resolution photos publication. All items are subject to editing for clarity and length
