Daniel Iskander And Eric Hines Of West Capital Lending Purchase Office In Irvine For $23.8M

17911 Von Karman Avenue is a 104,375-square-foot office building located in Irvine, purchased for $23.8 million. The property is LEED Gold-certified and is set to serve as the headquarters for West Capital Lending, which will occupy half of the building. The remaining space will continue to be leased to existing tenants, Thermador and KTGY.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $23,800,000
• Buyer: Daniel Iskander & Eric Hines - West Capital Lending
• Seller: Kristie M. Feinberg - Manulife John Hancock Investments
• Broker: Scott Read & Jay Nugent - Newmark
• Lender: Sunwest Bank
• Square Footage: 104,375
• Price Per Square Foot: $228

The transaction involved Daniel Iskander and Eric Hines representing West Capital Lending, with Kristie M. Feinberg representing Manulife John Hancock Investments. The deal was financed with an $18.6 million loan from Sunwest Bank, highlighting the financial backing involved in this transaction.