facebook
Traded Co logo
Submit

Harbor Associates Acquires Office Assets In Anaheim And Laguna Niguel For $80M

Property Image
SOLD
$80,000,000

California

See Similar Deals
Office365,000 SF
Sold 10/30/2019
the dealdetailscomps
Property Image
SOLD

Harbor Associates Acquires Office Assets In Anaheim And Laguna Niguel For $80M

222 South Harbor Boulevard, Anaheim, CA, USA

See Similar Deals
Office365,000 SF
Sold 10/30/2019
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$219
Total Square Footage:365,000 SF
Transaction Type:Sale

The office property located at 222 South Harbor Boulevard & 28202 Cabot Road in Anaheim and Laguna Niguel has been sold in a recent transaction. The property encompasses a total area of 365,000 square feet and is classified as an office asset. The sale was finalized on October 30, 2019.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $80,000,000
  • Market: Anaheim, Laguna Niguel
  • Price per Square Foot: $219.17

The buyer of the property is Harbor Associates, a company involved in the transaction.

The sale of this office property highlights the active real estate market in Anaheim and Laguna Niguel. Harbor Associates, the buyer in this deal, has made a significant investment with the purchase of this office asset.

Players

Harbor Associates
Harbor Associates
BUYER

Details

SOLD
IMAGE: Justin Loiacono, Joon Choi & Paul Miszkowicz DATE: 10/30/2019 ADDRESS: 222 South Harbor Boulevard & 28202 Cabot Road MARKET: Anaheim, Laguna Niguel ASSET TYPE: Office BUYER: Harbor Associates PRICE: $80,000,000 SF: 365,000 ~ PPSF: $219.17

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$4,266,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$284,223.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$379,240.81
Annual Debt Service$4,550,889.77