Updated Aug 21, 2025
Hyundai Motor Group Leases 133,745 SF Office Space At 2300 Main St In Irvine
2300 Main Street
Building Size
133,745 SF
Asset Type
Office
Closing
Aug 19, 2025
About this deal
AI
The asset involved in this transaction is an office space located at 2300 Main Street in Irvine, California. The property comprises a total square footage of 133,745 and is situated in the Irvine market area. This deal marks Orange County’s largest office lease of the year 2025.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 2300 Main Street, Irvine
- Landlord: Christian Goebel - Manova Partners
- Tenant: José Muñoz - Hyundai Motor Group
- Broker: CBRE
This lease agreement was brokered by CBRE and signifies Hyundai’s growing presence in Southern California. The deal nearly fills the five-story building and indicates a cautious recovery in Orange County’s office market.
On the Map
Office
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Irvine Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
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