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1700 East Saint Andrew Place

County Of Orange Extends Lease For 99,589 SF Office At 1700 East Saint Andrew Place
LEASEDOffice

County Of Orange Extends Lease For 99,589 SF Office At 1700 East Saint Andrew Place

1700 East Saint Andrew Place

Building Size

99,589 SF

Asset Type

Office

Closing

Nov 19, 2025

AI

The property asset involved in this transaction is an office building located at 1700 East Saint Andrew Place in Santa Ana, featuring a total square footage of 99,589. This asset is part of a larger 170,051-square-foot office property that is now fully leased through 2042.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1700 East Saint Andrew Place
  • Market: Santa Ana
  • Lease Term: three-year extension
  • Landlord: Drawbridge Realty
  • Tenant: County of Orange
  • Landlord's Representative: Ross Bourne - CBRE
  • Tenant's Representatives: Joe Bevan & Wade Clark - JLL

This lease extension marks a strategic deal for Drawbridge Realty, enhancing its leasing efforts in the Orange County market. The brokerage firms involved in facilitating this transaction were CBRE, representing the landlord, and JLL, representing the tenant, indicating significant collaboration in securing the terms of the deal.

Players

Joe Bevan

JLL

Broker

2 deals

Broker
CBRE
CBREBrokerage
JLL
JLLBrokerage

Santa Ana Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93