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December 10, 2017
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SOUTHERN CALIFORNIA NEWS
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Hines and Oaktree Capital Management Buy OC Office Property

10/24/17

Hines and Oaktree Capital Management LP have teamed up in an OC office buy, acquiring the Pacific Sunwear "PacSun" Global Headquarters, a 181k sf, three-story Class A office building in Anaheim. This transaction is the ninth acquisition for Hines and Oaktree in the North Orange County submarket and the sixteenth in greater Orange County since 2011.

Located at the intersection of Grove St and East Miraloma Ave, the property offers convenient access to the 91 and 55 Freeways, and is approximately 20 minutes from John Wayne Airport.

Originally developed in 2002 as a build-to-suit for PacSun, a specialty retailer focused on action sports, fashion and music influences of the California lifestyle, the building will continue to serve as global headquarters for PacSun. The HQ style campus includes large outdoor lounge areas and barbeque grills, volleyball and basketball courts, and a skate ramp.





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