Updated Sep 15, 2026
Steve Strauss Of Strauss Investments Acquires Office At 25124 Springfield Court For $32M
25124 Springfield Court
$32,000,000
$203/SF
Building Size
157,000 SF
Asset Type
Office
Closing
Sep 4, 2026
About this deal
AI
The property asset involved in this transaction is an office located at 25124 Springfield Court in Valencia. The asset has a total square footage of 157,000 and was sold for $32,000,000, resulting in a price per square foot of $203.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $32,000,000
- Address: 25124 Springfield Court
- Market: Valencia
- Square Footage: 157,000
- Price Per Square Foot: $203
- Buyer: Steve Strauss - Strauss Investments
- Seller: Harbor Associates
- Broker 1: Sean Sullivan - CBRE
- Broker 2: Andy Bratt - Gantry
The key individuals involved in this transaction include the buyer, Steve Strauss, representing Strauss Investments, and the seller, Harbor Associates. The brokerage team consists of Sean Sullivan from CBRE and Andy Bratt from Gantry, who facilitated the deal.
Players
Valencia 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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93