ORANGE CITY SQUARE
Orange, CA


Description:		Three (3) Class "A" Office Buildings and a Retail Pavilion
Size:		386,011 S. F., 14.15 Acres
Purchase Price:		$130,682,000
Deal Attraction:		Priced well below replacement cost; in excellent physical condition; low vacancy in submarket, with central Orange County location and convenient freeway access. Stable market rental rates, well above in-place rents and lack of new construction.
Business Plan:		Bring renewing tenants to market rates, which are approximately 30% above in-place rents, minimizing vacancy and tenant improvement and lease commission costs. Increase occupancy to market level. Continue to update physical plant, building systems and common areas to maintain property's market appeal.

31910 Del Obispo, Suite 100 · San Juan Capistrano, CA 92675
phone 949.545.0500 · fax 949.545.0578