facebook
Traded Co logo
Submit

Paris Baguette Acquires Office Building In Costa Mesa For $16.6M With Buyer's Rep CBRE

Property Image
SOLD
$16,578,915
Kyle Woods
Dan Riley
Bill Durslag
+ 2

California

See Similar Deals
Office53,908 SF
Sold 01/11/2022
the dealplayerscompscontact
Property Image
SOLD

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

See Similar Deals
Office53,908 SF
Sold 01/11/2022
Kyle Woods
Dan Riley
Bill Durslag
+ 2
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$307
Total Square Footage:53,908 SF
Transaction Type:Sale

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

Simon Mattox
Kidder Mathews
Simon Mattox
20 deals$414.9M volume
BROKER
Dan Riley
CBRE
Dan Riley
17 deals$524.7M volume
BROKER
Bill Durslag
CBRE
Bill Durslag
17 deals$391.9M volume
BROKER
Austin Wolitarsky
CBRE
Austin Wolitarsky
21 deals$465.1M volume
BROKER
Kyle Woods
CBRE
Kyle Woods
15 deals$375.7M volume
BROKER
PB
Paris Baguette
BUYER

Details

SOLD
IMAGE: Kyle Woods, Bill Durslag, Simon Mattox, Austin Wolitarsky & Dan Riley DATE: 01/11/2022 ADDRESS: 3330 Harbor Blvd. MARKET: Costa Mesa ASSET TYPE: Office BUYER: Paris Baguette SELLER: Donald Hecht BUYER'S REP: Kyle Woods (@KWoodz_), Bill Durslag, Simon Mattox (@SimonMattox), Austin Wolitarsky (@Wallyboyuee) & Dan Riley (Socal Retail Investment Sales & Leasing Advisory) (@SocalRetailAdvisory) - CBRE SALE PRICE: $16,578,915 SF: 53,908 ~ PPSF: $307

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

Contact

Get in touch with the broker you want

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)

$884,208.79

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$58,901.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$78,592.52
Annual Debt Service$943,110.18