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Bolour Ends Seven-Year Hold on Mission Viejo Offices - Connect CRE

Summary by Connect CRE

Bolour Associates Inc. completed the $23,925,370 sale of Cerro, a Class A creative office building fronting Interstate 5 in Mission Viejo. The buyer was not disclosed. Situated on 3.82 acres at 27401 Los Altos, Cerro is 95% leased, with nearly 70% of the tenant roster signed up through at least 2028. BOLOUR acquired the property in 2018 and has since completed a multimillion-dollar renovation. “We recognized the value-add potential of Cerro from…

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Bolour Ends Seven-Year Hold on Mission Viejo Offices - Connect CRE

Bolour Associates Inc. completed the $23,925,370 sale of Cerro, a Class A creative office building fronting Interstate 5 in Mission Viejo. The buyer was not disclosed. Situated on 3.82 acres at 27401 Los Altos, Cerro is 95% leased, with nearly 70% of the tenant roster signed up through at least 2028. BOLOUR acquired the property in 2018 and has since completed a multimillion-dollar renovation. “We recognized the value-add potential of Cerro from…

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Connect CRE broke the news in 1 month ago on Friday, February 7, 2025.

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