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Bolour Sells 71,464 SF Creative Office Building in Mission Viejo, California

Summary by REBusinessOnline

MISSION VIEJO, CALIF. — Bolour Associates has completed the disposition of Cerro, a Class A creative office property fronting Interstate 5 in Mission Viejo, for $23.9 million. The name of the buyer was not released. Situated on 3.8 acres at 27401 Los Altos, the four-story building offers 71,464 rentable square feet and ample free surface parking. Nearly half of the building’s leases represent credit tenant commitments by organizations, including…

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Mission Viejo Office Building Sells for $24 Million - Orange County Business Journal

A 71,500-square-foot office building in Mission Viejo has changed hands, in one of the first – and largest – transactions of the year so far. Beverly Hills-based real estate company Bolour sold a four-floor building at 27401 Los Altos in Mission Viejo to Brea-based Eagle Hua Inc. for $24 million, or $336 per square foot, according to CoStar data. The transaction closed on Jan. 31. CoStar records show the property as Eagle Hua’s only holding with…

29 days ago

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