Meritage Homes Acquires Office Building From Paul Miszkowicz For $19.2 Million In Santa Ana

The asset involved in the transaction is an office building located at 2020 East 1st Street in the Santa Ana market. The sale price for the property was $19,200,000, covering a total square footage of 111,483, which equates to a price per square foot of $172.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $19,200,000
• Address: 2020 East 1st Street
• Market: Santa Ana
• Square Footage: 111,483
• Price per Square Foot: $172
• Buyer: Meritage Homes
• Seller: Paul Miszkowicz - Harbor Associates
• Brokers: Greg Sullivan & Anthony DeLorenzo - CBRE

The transaction involved key contributors such as the buyer, Meritage Homes, and the seller, Paul Miszkowicz representing Harbor Associates. The brokers facilitating the deal were Greg Sullivan and Anthony DeLorenzo from CBRE. Notably, prior to the sale, Harbor Associates secured entitlements for converting the office building into residential use.