Boyd Watterson Asset Management Acquires Santa Ana Office Building For $98M

The office property located at 2 Macarthur Place in Santa Ana has been sold for $98,000,000. The sale took place on October 23, 2021, and the property spans across 220,000 square feet. The price per square foot was $445. The buyer in this transaction was Boyd Watterson Asset Management, represented by Brian Gevry. On the selling side, Ocean West Capital Partners, along with Russ Allegrette and Angelo Gordon & Company, were involved in the deal.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $98,000,000
• Address: 2 Macarthur Place, Santa Ana
• Market: Santa Ana
• Buyer: Boyd Watterson Asset Management - Brian Gevry
• Seller: Ocean West Capital Partners - Russ Allegrette & Angelo Gordon & Company
• Square Footage: 220,000
• Price per Square Foot: $445

The buyer's representative in this transaction was Brian Gevry from Boyd Watterson Asset Management. On the selling side, Russ Allegrette and Angelo Gordon & Company represented Ocean West Capital Partners. This successful office property sale indicates a significant transaction in the Santa Ana market.