May 4, 2021 9:00 AM
星空体育app下载 announces it has arranged the sale of Freeway Corporate Park, a multi-tenant corporate office park in Orange County Greater Airport Area/Irvine Business Complex.
星空体育app下载鈥檚 Co-Head of U.S. Capital Markets Kevin Shannon, Executive Managing Directors Paul Jones and Brunson Howard and Senior Associate Brandon White represented the seller. The buyer, BH Properties, was represented by Bob Caudill from Colliers.
鈥淔reeway Corporate Park offered a rare post-COVID-19, value-add opportunity in the Irvine Business Complex at a very attractive basis,鈥� said Jones. 鈥淏H Properties will capitalize on the re-energized leasing activity in the Orange County marketplace for low-rise office product.鈥�
Freeway Corporate Park is a two-building, multi-tenant office complex totaling 128,266 square feet, located at 2501 Pullman Street and 1700 E Carnegie Avenue. The campus-style project presents unobstructed freeway frontage along the Costa Mesa (SR-55) Freeway and proximity to numerous amenities including the District in Tustin, the Tustin Legacy, South Coast Plaza and Von Karman Plaza.
The property is currently 56 percent leased to two tenants 鈥� Iteris and Orange County Head Start, Inc. The two buildings are connected by a skywalk, enhancing tenant expansion optionality. The property has undergone capital enhancements over the course of the previous owner鈥檚 tenure, with activation of common area patios, upgrades to the HVAC and other improvements.
About 星空体育app下载
星空体育app下载 Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (鈥溞强仗逵齛pp下载鈥�), is a world leader in commercial real estate services, with a comprehensive suite of investor/owner and occupier services and products. Our integrated platform seamlessly powers every phase of owning or occupying a property. Our services are tailored to every type of client, from owners to occupiers, investors to founders, growing startups to leading companies. Harnessing the power of data, technology, and industry expertise, we bring ingenuity to every exchange, and imagination to every space. Together with London-based partner Knight Frank and independently owned offices, our 18,800 professionals operate from approximately 500 offices around the world, delivering a global perspective and a nimble approach. In 2020, 星空体育app下载 generated revenues in excess of $1.9 billion. To learn more, visit nmrk.com or follow .
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