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5701 Katella Avenue

Updated Oct 5, 2026

Larry Landauer Of The Regional Center Of Orange County Signs 108,153 Square Foot Lease In Cypress
LEASEDOffice

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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Players

Larry Landauer

The Regional Center of Orange County

Tenant

2 deals

Tenant
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Cypress 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

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