SOLD
Tireco Inc. Acquires 3 Hutton Centre Drive Office Building In Santa Ana For $28.9M
3 Hutton Centre Drive
Office
Sold 146 days ago
Summary
Sale
CALIFORNIA
Office
The 10-story office building located at 3 Hutton Centre Drive in Santa Ana, California has been sold. The sale was brokered by CBRE and the property was purchased by an entity linked to Tireco Inc. for a total of $28.9 million. This Class A office asset is situated on a 2.47-acre plot and is located in Orange County's mixed-use community. It currently has a 62.2% occupancy rate.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $28,900,000
- Address: 3 Hutton Centre Drive
- Market: Santa Ana
- Asset Type: Office
- Acres: 2.47
Cypress Office Properties sold the office building to the buyer, Tireco Inc. The sale was facilitated by CBRE brokers Anthony DeLorenzo, Bryan Johnson, Matt Pourcho, Nick Williams, and Sammy Cemo. This transaction represents a notable acquisition in Santa Ana's office market.
Players
All
6
Agents
5
Agencies
1
Details
SOLD
IMAGE: Nick Williams, Bryan Johnson, Sammy Cemo, Matt Pourcho, Brian Rose & Anthony DeLorenzo
DATE: 12/08/2023
ADDRESS: 3 Hutton Centre Drive
MARKET: Santa Ana
ASSET TYPE: Office ~ ACRES: 2.47
BUYER: Tireco Inc. (@TirecoInc) - Brian Rose
BROKERS: Anthony DeLorenzo (@AnthonyDelorenzo), Bryan Johnson (@CallMeBryanJ), Matt Pourcho (@MPourcho), Nick Williams & Sammy Cemo - CBRE (@CBRE)
SALE PRICE: $28,900,000
NOTE: CBRE brokered the sale of the 10-story office building, 3 Hutton Centre Drive, in Santa Ana, California, from Cypress Office Properties to an entity linked to Tireco Inc. The $28.9 million deal presents a Class A office asset with a 62.2% occupancy rate in Orange County's mixed-use community.View on map
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