Updated Oct 5, 2026
Larry Landauer Of The Regional Center Of Orange County Signs 108,153 Square Foot Lease In Cypress
5701 Katella Avenue
Building Size
108,153 SF
Asset Type
Office
Closing
Oct 2, 2026
About this deal
AI
The asset involved in the transaction is an office property located at 5701 Katella Avenue in Cypress, CA. The total square footage of the building is 210,000 square feet, with the tenant occupying 108,153 square feet of the space. The transaction marks a significant relocation for the tenant, who is moving from a 102,000-square-foot facility in Santa Ana.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 5701 Katella Avenue
- Market: Cypress, CA
- Tenant: Larry Landauer - The Regional Center of Orange County
- Square Footage Leased: 108,153
- Previous Footprint: 102,000 square feet in Santa Ana
This deal was represented by Larry Landauer, who is associated with The Regional Center of Orange County. The lease signed was noted as the second-largest office transaction in Orange County for the third quarter of 2026, contributing to a year-over-year increase in countywide leasing activity and a decrease in overall availability of office spaces.
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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