Aaron Hill Hill: “It was the mixture of tenants, plus the tremendous amount of residential and housing that has been delivered in South County, as well as the traffic—a lot of tenants want to avoid trying to get farther north.”

MISSION VIEJO, CA—At 45% vacancy in an 8%-vacant market upon purchase, CERRO presents a unique opportunity for Bixby Land Co. to provide what could be one of the top office buildings in the Mission Viejo market, SVP operations Aaron Hill tells GlobeSt.com. The development firm has begun work on the redesigned mid-rise office building here, and while completion of the upgrades is expected later this summer, the project is already signing new leases with tenants in search of contemporary professional office space in the South County submarket.