trending Market Intelligence /marketintelligence/en/news-insights/trending/UJ2gpLmwl1HoyEqmrz9m7w2 content esgSubNav
In This List

Santa Ana, Calif., office complex trades for $97.5M

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model

Video

How to use ESG Heat Maps in Credit Risk Analysis


Santa Ana, Calif., office complex trades for $97.5M

Joint venture partners Pacific Coast Capital Partners and The Brookhollow Group sold a two-building office complex in Santa Ana, Calif., for $97.5 million to Drawbridge Realty, the Commercial Observer reported, citing the buyer.

The property, comprising 390,600 square feet, is at 1600-1610 E. Saint Andrew Place and is in an opportunity zone, according to the publication. Citing property records, the report noted that the sellers acquired the site in 2015 for $44 million and refurbished the asset in 2017. Tenants include Nationstar Mortgage, Collectors Universe and Career Networks Institute.

Drawbridge also owns the nearby campus at 1700 Saint Andrew Place that is fully leased to Johnson & Johnson unit Abbott Medical Optics, the report added.