BIGGEST OFFICE SALES:
Park Place Tops First-Quarter Sales at $260M
Largest OC office sales in the first quarter
PARK PLACE
3333-3355 Michelson Drive
Irvine
$260 million
Buyer: Maguire Properties
Buyer rep: Secured Capital Corp.
Seller: Blackstone Group
Seller rep: CB Richard Ellis Inc.
SOUTH COAST CORPORATE
CENTER I-III
3070-3090 Bristol St.
Costa Mesa
$55.5 million
Buyer: The Realty Associates Fund VI LP
Buyer rep: in-house
Seller: Metropolitan Life Insurance Co.
Seller rep: CB Richard Ellis
DUPONT CENTRE I, 11
2201-2301 Dupont Drive
Irvine
$54.3 million
Buyer: Crescent Real Estate
Equities Co.
Buyer rep: in-house
Seller: Prime Real Estate Equities
Seller rep: CB Richard Ellis
ORANGE COMMERCE TOWER
505 S. Main St.
Orange
$27.2 million
Buyer: CRC Real Estate Corp.
Buyer rep: Lee & Associates
Commercial Real Estate Services Inc.
Seller: Oly Orange Commerce/
Calvest GP
Seller rep: CB Richard Ellis
1501-1561 E.
ORANGETHORPE AVE.
Fullerton
$15 million
Buyer: Birch Windell LLC
Buyer rep: Windell Investments
Seller: North Fullerton Business
Center LLC
Seller rep: Voit Commercial Brokerage
WEST AIRPORT CENTER
125 Baker St.
Costa Mesa
$8.8 million
Buyer: Nader Properties Inc.
Buyer rep: Lee & Associates
Seller: Baker Street Venture LLC
Seller rep: Parkstone Cos.
CYPRESS FINANCIAL CENTER
5400 Orange Ave.
Cypress
$7.3 million
Buyer: 5400 Orange Avenue
Investment LLC
Buyer rep: in-house
Seller: SCP Park Meadows LLC
Seller rep: Silvercreek Properties
FOUNDATION VALLEY
MEDICAL
17150 Euclid St.
Fountain Valley
$5.8 million
Buyer: 17150 Euclid LP
Buyer rep: Colliers Seeley
International Inc.
Seller: Renaissance Center LP
Seller rep: Marcus & Millichap Real Estate
Investment Brokerage Co.
AIRPORT PLAZA II
2062-2070 Business Center Drive
Irvine
$5.1 million
Buyer: Business Center Drive LP
Buyer rep: NAI Capital Commercial
Seller: Barclay Associates LLC
Seller rep: in-house
CORPORATE OFFICE CENTER
30211 Avenida de las Bandaras
Rancho Santa Margarita
$4.7 million
Buyer: Banderas LP
Buyer rep: Voit Commercial Brokerage
Seller: Ornest Family Partnership III
Seller rep: Collins Commercial
