Dayani Partners Acquires Office Building In Irvine For $25.4M

The office property located at 16842 Von Karman Avenue in Irvine was recently sold for a total price of $25,400,000. This transaction took place on January 24, 2020. The property spans across 101,161 square feet, resulting in a price per square foot of $251. The buyer of the property was Dayani Partners, represented by Hooman Dayani. On the other hand, the seller of the property was KBS Growth & Income REIT Inc., with Tim Helgeson and Rod Richerson as the representatives.

Summary of transation details

• Property Type: Office
• Transaction Amount: $25,400,000
• Date: January 24, 2020
• Address: 16842 Von Karman Avenue, Irvine
• Market: Irvine
• Square Footage: 101,161
• Price per Square Foot: $251

The deal was facilitated by Morgan Lieber from A Street Partners and Anthony DeLorenzo, as well as Gary Stache from CBRE.