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19700 Fairchild Road

Sean Burton Of CityView Acquires Office At 19700 Fairchild Road In Irvine For $34.5M
SOLDOffice

Sean Burton Of CityView Acquires Office At 19700 Fairchild Road In Irvine For $34.5M

19700 Fairchild Road

$34,500,000

$305/SF

Building Size

112,938 SF

Asset Type

Office

Closing

Mar 12, 2025

AI

The property asset involved in the transaction is an office located at 19700 Fairchild Road in the Irvine market. It was sold for a price of $34,500,000.00 and has a total square footage of 112,938.0.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $34,500,000.00
  • Address: 19700 Fairchild Road
  • Market: Irvine
  • Square Footage: 112,938.0
  • Buyer: Sean Burton - CityView
  • Seller: Josh Baumgarten & Adam Schwartz - Angelo Gordon

The transaction was facilitated by Sean Burton, who represented CityView as the buyer, while the sellers, Josh Baumgarten and Adam Schwartz, were represented by Angelo Gordon in the deal.

Players

Sean Burton

Buyer

$482M

vol

7 deals

Buyer

Irvine 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

0.46%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93