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March 29, 2024
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ORANGE COUNTY NEWS
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OC Office Asset Trades at $282/sf

10/18/19

A three-story, 50.4k sf multi-tenant office building in downtown Anaheim sold for $14.2 mil, which works out to $282/sf. The asset is fully leased to nine tenants including MemorialCare, Guggenheim Partners, Arbor E&T (ResCare), Partners Federal Credit Union and Total Paper Services.

Built in 1983 and renovated in 2017, the property is situated on 1.44 acres at 100 South Anaheim, along one of the most traveled thoroughfares in Anaheim. 100 South Anaheim is just steps from the Center Street Promenade, as well as numerous nearby retail and service amenities including Starbucks, Gypsy Den Cafe, The Yoga Mat, Healthy Junk Restaurant, CVS Pharmacy, and Vons, among others.

Newmark Knight Frank Sean Fulp, Paul Jones, Ryan Plummer, Blake Bokosky and Michael Spiezia represented the seller, Milan Capital Management. The buyer, Mission Drive-In Theatre Company, was repped by John Ewart, also with NKF.





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