A five-floor and 62,000-square-foot office building at 1820 E. First St. in Santa Ana has changed hands for $11.3 million, per CoStar data.
El Segundo-based Red Hook Capital Partners LLC is the new owner of Midtown Plaza. Red Hook Capital Partners bought the building from La Cañada Flintridge-based investor Zhizhao Sun, according to CoStar.
Red Hook Partners paid $181.43 per square feet. CoStar showed Sun paid $13.2 million, or $212.16 per square feet, for the building.
The building’s tenants included media company KDOC and security services firm Patrol One.
Red Hook Capital Partners was founded by Craig Underwood and David Hyun and specializes in the development of charter schools.
