Updated Oct 28, 2024
Paris Baguette Acquires Office Building In Costa Mesa For $16.6M With Buyer's Rep CBRE
3330 Harbor Boulevard, Costa Mesa, California 92626, United States
$16,578,915
$307/SF
Building Size
53,908 SF
Asset Type
Office
Closing
Jan 11, 2022
About this deal
AI
Paris Baguette has acquired an office asset located at 3330 Harbor Blvd. in Costa Mesa. The property spans 53,908 square feet and was sold by Donald Hecht for a total price of $16,578,915. This translates to a price per square foot of $307.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $16,578,915
- Date: 01/11/2022
- Address: 3330 Harbor Blvd., Costa Mesa
- Market: Costa Mesa
The buyer, Paris Baguette, was represented by Kyle Woods, Bill Durslag, Simon Mattox, Austin Wolitarsky, and Dan Riley from CBRE's Socal Retail Investment Sales & Leasing Advisory. The seller in the deal was Donald Hecht.
Players
Costa Mesa Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Kyle Woods to view all their deals.
Browse California office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93