Nome Capital Partners Acquires Office Properties In Cerritos From Verax Business Group For $35.64M
12750 Center Court Drive
$35,643,190
$108/SF
Building Size
328,840 SF
Asset Type
Office
Closing
Nov 6, 2025
AI
The property consists of three office assets located at 12750 Center Court, 17785 Center Court, and 17871 Park Plaza in Cerritos. The sale was completed for a total price of $35,643,190, covering an area of 328,840 square feet, which equates to a price per square foot of $108.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $35,643,190
- Square Footage: 328,840
- Price Per Square Foot: $108
- Buyer: Nome Capital Partners
- Seller: Verax Business Group
- Brokers: Grant Goldman, Mark Shaffer, Anthony DeLorenzo - CBRE; Todd Tydlaska - Colliers
- Mortgage Broker: Greg Grant - CBRE
- Date of Transaction: 11/06/2025
Grant Goldman, Mark Shaffer, and Anthony DeLorenzo from CBRE, along with Todd Tydlaska from Colliers, facilitated the transaction while Greg Grant from CBRE acted as the mortgage broker in this deal.
Players
Laguna Beach Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93