Biz News: Firms acquire MetroCenter at South Coast complex

Prudential Real Estate Investors recently formed a joint venture with McCarthy Cook & Co., a Costa Mesa-based real estate investment firm, to acquire South Coast Metro-area commercial properties.

The companies obtained MetroCenter at South Coast, at 535, 555 and 575 Anton Blvd., from an affiliate of San Francisco-based RREEF Funds LLC, which has had the properties for about a decade, the Orange County Business Journal reported.

The complex includes a 24 Hour Fitness and three 12-story office buildings, one of which is home to McCarthy Cook & Co. The groups plan to renovate the properties, first built in 1984.

Terms of the transaction were not disclosed.

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Fitness company names new executive

Fitwall, an Irvine-based fitness company, recently named JoAnna Tuttle Bergfeld as its director of studio operations.

She will be responsible for “providing strategic operational oversight of the studio business and valuable support to the franchises’ sales and marketing initiatives,” according to a news release.

Bergfeld comes to Fitwall from her former position as president of Elements, a fitness and lifestyle brand for women, and 24 Hour Fitness.

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Web coding classroom opens in Newport

Sabio, a Culver City-based software engineering program that teaches young adults how to code websites, recently opened a “boot camp” classroom location in Newport Beach, according to a news release.

The classroom is at 23 Corporate Plaza Drive. The company said it saw a demand for software developers in Newport and Irvine.

“We’re bringing our track record of success to Orange County,” Gregorio Rojas, Sabio’s co-founder and head of instruction, said in a statement. “Sabio fellows in Orange County will benefit from our proven methodology and will get to work on real projects that will be used in the real world.”