$77.5 Million Non-Performing Office Loan
US - Washington, DC
NZ$123,842,000 | 28,508 m²
Office
Cerro, Mission Viejo - ISA
27401 Los Altos, Mission Viejo, CA, 92691-6316, US
Gallery
Asset Description
Jones Lang LaSalle (JLL), as exclusive advisor, is pleased to present the stabilized and redesigned investment opportunity to acquire CERRO (“The Property”), a four-story, institutional-quality, professional office building totaling 71,464 square feet located in Mission Viejo, California.
Attributes
Building area Gross
6,639 m²
Occupancy
100.00%
Year built
1984
Investment Highlights
- RARE HIGH-QUALITY OFFICE BUILDING
- STABILIZED OFFICE INVESTMENT OFFERING STRONG RETURNS
- NEARBY RETAIL, ENTERTAINMENT AND SERVICE AMENITIES
- “STICKY” IN-PLACE TENANTS
- ACCRETIVE ASSUMABLE DEBT
- RAPIDLY EXPANDING HIGH-TECH & LIFE SCEINCES INDUSTRIES
- NEARBY STRONG AND GROWING HOUSING MARKET
- MEDICAL OFFICE CONVERSION POTENTIAL
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Last updated
15 Mar 2023