Bailard Sells 90,191 SF Office Building In Orange For $15.45 Million With CBRE Representing

The transaction involved the sale of a 90,191-square-foot office building located at 725 West Town And Country Road, Orange, Calif. The property was sold for $15,450,000, with a price per square foot of $171. The five-story asset is 62% leased to 12 tenants, presenting opportunities for investment, owner-user, or residential redevelopment.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $15,450,000
• Square Footage: 90,191
• Address: 725 West Town And Country Road
• Market: Orange
• Seller: Sonya Mughal - Bailard
• Broker Representatives: Anthony DeLorenzo, Bryan Johnson, Harry Su & Sammy Cemo - CBRE

CBRE facilitated the transaction on behalf of the seller, Bailard, indicating a strong interest in the property's multi-tenant lease structure and potential for redevelopment. The buyer is identified as local, highlighting regional market engagement in office space acquisitions.