Anthony DeLorenzo on LinkedIn: #cbre #cre #chulavista #sandiego #callforoffers (2024)

Another great Class A Trophy Office Opportunity in Irvine CA. Contact Todd Tydlaska, Sean Sullivan, Michael Longo, Sammy Cemo, Bryan Johnson, Grant Goldman or me to learn more.#CBRE #CRE #Irvine #ClassA #Office

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Contact our team regrading SoCo Harbor at 3601-3631 S. Harbor Blvd, Santa Ana, CA. It is an incredible investment opportunity sitting on 9 acres of land. Investment Highlights:* Highly Functional 4-Building Office Campus |SoCo Harbor (“Property”) is an extremely well maintained and highly functional 4-building, low-rise office campus prominently located in Santa Ana, CA. The project is situated on approximately 9 acres of land and consists of 151,739 square feet of rentable (as leased) office space. Currently ±61% leased to 18 tenants with a weighted average remaining lease term (WALT) of ±3.4 years, SoCo Harbor provides solid in-place cashflow with significant growth potential.* Owner-User Opportunity |With ±59,434 square feet of currently vacant space, an owner user could acquire the campus, immediately take occupancy, generate income from the existing tenants, and expand on-site over time, as desired.* Break-A-Part Strategy |SoCo Harbor presents a unique opportunity to explore a break-apart strategy to create value. While all four buildings are currently on a single parcel, the potential exists to subdivide the property to facilitate the sale of individual buildings to owner-users or motivated 1031 private investors at premium pricing.* Core Market |Orange County was ranked among the top investment markets in the Americas in 2023 by investors, reflecting the county’s resilient industries, stable economic fundamentals and sustained rent growth. With strong employment and an attractive quality of life, Orange County is a highly sought after gateway market.* Favorable Suburban Low-Rise Trends |Over the last decade, demand for low-rise office product has been robust. Low rise office buildings have consistently out-performed mid- and high-rise buildings both in terms of occupancy and rental growth. This preference for low-rise, surface parked office product accelerated during the pandemic.* Projected Growth |According to CBRE Econometric Advisors, Orange County is projected to add ±72,000 new jobs over the next 5 years. In addition, Orange County’s office rent growth is projected to be among the top ten in the country over the next five years.* Highly Desirable Location |Located within the South Coast Metro area, the Property has convenient access to Costa Mesa, world famous Newport Beach, the Airport Area submarket and Fashion Island. This location provides intrinsically irreplaceable proximity to some of the top beaches, entertainment, shopping, dining and outdoor activities in the nation.#CBRE #CRE #SoCoHarbor

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Thanks to everyone who supported the 17101 Armstrong Ave sale. #CBRE #Traded #SoCal #Irvine

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Great HQ space recently renovated in Beaverton, OR just listed by our team. Check out the link below by Charles Safley to learn more. #CapitalMarkets #Beaverton #Oregon #CBREpnw

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Thank you to everyone who played a part in the sale of 8250-8260 Camino Santa Fe. Matt Pourcho, Matt Harris, Casey Sterk and I had the pleasure of representing the sellers. The San Diego property, which was built in the late 80's, recently underwent multiple capital improvements, including new exterior paint, suite and directional signage, exterior signage, parking lot resurfacing and new landscaping. After the seller's three and a half year holding period, the final purchase price was $17.15 M ($282 per square foot). Needless to say this is another very satisfied client. Our team was honored to play a role in their investment journey. To learn more about this sale check out the article link below. #CBRE #CRE #SanDiego #Industrial #Sale #ipsocal https://lnkd.in/gkA647Uy

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Another sale of a multi-tenant industrial building in San Diego! Thanks to everyone who played a part in this. #CBRE #CRE #SanDiego #Industrial

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Contact Sammy Cemo, Bryan Johnson or me regarding our 120 S. State College Blvd Brea, CA listing. This is a high-image low-rise office investment with great WALT. Investment Highlights: * The offering presents an incredible opportunity to own a well leased, secure low-rise, suburban office building in one of the best investment markets in the nation, Orange County, CA.* The property, 95% leased to 5-tenants, provides an attractive investment opportunity to new ownership. With a great tenant roster including the likes of the County of Orange, CareFusion - a subsidiary of Becton Dickinson, Whittier Filtration - a Veolia Company, HdL Companies, and Yellow Box Corp, the offering presents great security.* In addition, with a WALT of ±5.7 years and only 7.52% of the rentable area expiring before 2028, new ownership will have very little rollover risk over the course of the hold period.* Over the last decade, growth among the low-rise products has been robust, out-pacing high-rise products in vacancy compression and rent growth.As of 1Q24, direct vacancy for low-rise office was 8.8%, well below the rest of the office market. This trend is expected to continue into the foreseeable future.* CBRE Research shows North Orange County is still outperforming the rest of the Orange County market with the lowest direct vacancy rate as of 1Q24 with 8.7%.That is 100 bps lower than the second lowest submarket, South Orange County.* Brea Place is a one-of-a-kind work-life campus highlighted by indoor/outdoor space, superior onsite amenities that include an athletic club, an executive lap pool (located at adjacent property 145 S. State College), state-of-the-art collaboration space, game rooms, world-class conferencing/training center, an integrated park, outdoor green work spaces and activities, dining options and everyday convenient services.#CBRE #CRE #OrangeCounty #BreaPlace

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Call For Offers - Tomorrow 8/13/24... See the post from Kevin Foley for more information. #CBRE #CallForOffers #ClassAIndustrial

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Contact our team in the Pacific Northwest or me to learn more about our 8500 Creekside, Beaverton OR offering. #Beaverton #PacNorthwest #CBRE #CRE #ipsocal

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