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December 16, 2018
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Private Investor Buys 122k sf Anaheim Office Property

10/03/18

Stadium Centre, a six-story, 122k sf office property in Anaheim, was acquired by a private equity firm in a recent $28.8 mil ($236/sf) deal. The multi-tenant building is 98% occupied.

Built in 1985 and situated on 3.64 acres at 2099 South State College Blvd, Stadium Centre features high ceilings, high-end finishes and more than 450 parking spaces. Some of the building’s tenants include State of California EDD, Anaheim Visitors Bureau, Wells Fargo, Gexpro, Securitas and Rolf.

NKF Capital Markets Executive Managing Director Paul Jones, Co-Head of U.S. Capital Markets Kevin Shannon, Managing Director Blake Bokosky, Executive Managing Director Brunson Howard and Senior Associate Brandon White represented the seller, a joint venture between Greenlaw Partners and its institutional partner. The buyer was self-represented.

“Stadium Centre is a very well-located mid-rise office building that has had a historically high occupancy and will continue to benefit from all the new multifamily urban development throughout the Platinum Triangle,” said Jones.

Stadium Centre is proximate to some of Orange County’s top entertainment venues including Angel Stadium, Honda Center and the National Grove of Anaheim. The property is walkable to dozens of retail shops and restaurants and is less than one mile from the Outlets at Orange, an 806k sf outdoor dining, shopping and entertainment destination.






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