Orange, CA
CBRE Facilitates $15.45 Million Sale of Office Property in Orange, California
April 24, 2025
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CBRE facilitated the $15.45 million sale of a 90,191 sq.-ft.- office property located at 725 West Town and Country Road in Orange, California, to a local buyer.
CBRE’s Anthony DeLorenzo, Sammy Cemo, Bryan Johnson and Harry Su represented the seller, Bailard, in the transaction.
“The property attracted a wide variety of interested buyers given its unique positioning as a potential investment, owner-user opportunity, or residential redevelopment given its unique zoning overlay,” said DeLorenzo, vice chairman at CBRE. “We are extremely pleased to have had the opportunity to represent ownership in the sale.”
The five-story property is currently 62% leased to 12 tenants. Located within walking distance of MainPlace Mall, the property is surrounded by amenities in the central Orange County submarket.The asset is located immediately off State Route 22 (SR-22), providing access to Interstate 5, SR-57, SR-91 and SR-55, as well as John Wayne Airport.
According to CBRE's research, growth among low-rise office buildings has been robust for the last decade, with the trend expected to continue.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.