Anchor Health Sells Office Property At 4980 Barranca Parkway Irvine For $24.25M

The property asset involved in this transaction is an office located at 4980 Barranca Parkway in Irvine. The sale price was $24,250,000, and the building comprises 36,104 square feet, translating to a price per square foot of $671.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $24,250,000
• Address: 4980 Barranca Parkway
• Market: Irvine
• Square Footage: 36,104
• Price per Square Foot: $671
• Seller: Anchor Health
• Seller's Representatives: Mark Schuessler, Sean Fulp, Jordan Garcia & Blake Hammerstein - Colliers; John Scruggs - CBRE
• Mortgage Broker: Jason Roth - Colliers

The transaction included multiple representatives from Colliers and CBRE, emphasizing a collaborative effort in finalizing the deal. Notably, Mark Schuessler, Sean Fulp, Jordan Garcia, and Blake Hammerstein from Colliers represented the seller, while John Scruggs from CBRE played a critical role in the transaction. Additionally, Jason Roth from Colliers served as the mortgage broker for this sale.