Updated Oct 13, 2025
Charlie McEachron Of Drawbridge Realty Acquires 190000 Square Feet Office Campus In Costa Mesa For $77.93M
3333 Susan Street
$77,928,000
$410/SF
Building Size
190,000 SF
Asset Type
Office
Closing
Oct 9, 2025
About this deal
AI
3333-3337 South Susan Street is a 14-acre office asset located in Costa Mesa, featuring a three-building Class A office campus totaling 190,000 square feet. Drawbridge Realty acquired the property for $77,928,000, translating to $410 per square foot. Eastdil Secured facilitated this transaction.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $77,928,000
- Buyer: Charlie McEachron - Drawbridge Realty
- Seller: R. Scott Dennis - Invesco Real Estate
- Broker: Eastdil Secured
- Lease: Anduril Industries signed a long-term lease for the entire property
- Lease Representative: Tucker Hughes - Hughes Marino
Charlie McEachron, representing Drawbridge Realty, finalized the purchase from seller R. Scott Dennis of Invesco Real Estate. The deal was brokered by Eastdil Secured, with significant activity occurring on the same day as a major leasing agreement by Anduril Industries.
On the Map
$77,928,000
$410/SF
Office
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Players
Costa Mesa 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
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93