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.
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