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3333 Susan Street

Charlie McEachron Of Drawbridge Realty Acquires 190000 Square Feet Office Campus In Costa Mesa For $77.93M
SOLDOffice

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

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.

Players

Eastdil Secured
Eastdil SecuredBrokerage

Charlie McEachron

Buyer

$77.9M

vol

3 deals

Buyer

R. Scott Dennis

Invesco Real Estate

Seller

$1.1B

vol

12 deals

Seller
Invesco Real Estate
Invesco Real EstateSeller

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