The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
November 17, 2019
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ORANGE COUNTY NEWS
Printer-friendly Version   Email an Associate
Investor Venture Buys Newport Beach Office Asset

10/25/16

Newport Irvine Center, a three-story, Class A, 76.8k sf office property in Newport Beach, was acquired by Newport Beach-based Cress Capital and New York-based C-III in a recent OC investment deal. The price was not immediately given out.

Built in 1980, the property is located at 3300 Irvine Ave, a block west of Bristol St and Hwy 73. It was 87% occupied at the close of escrow.

Newport Irvine Center, situated on 3.23 acres, was recently renovated. It offers contemporary interior finishes, abundant landscaping with outdoor seating areas, ample surface and covered parking, and highly visible corporate signage opportunities. The property includes tenants such as InstaMed Communications, Newport Back & Sport Institute, Klarin & Associates, CPA and Cambridge Financial Partners.

Paul Jones, Kevin Shannon, Blake Bokosky, and Robert Griffith of NGKF Capital Markets, represented the buyer and the institutional seller. NGKF’s Jones noted that the property has historically attracted smaller tenants that want a high quality office environment with a convenient commute, while being immediately adjacent to the John Wayne Airport.






Return to the Archive page


 


 


 


 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media