(Read more on the TICmarket.)
SANTA ANA, CA-Triple Net Properties has sold its 210,000-sfoffice building at 4 Hutton Centre in the South Coast Metrosubmarket to Legacy Partners Commercial Inc., according to chiefinvestment officer Jeff Hanson. The tenant-in-common sponsor hadowned the 10-story office building for slightly more than twoyears.
The class A 4 Hutton property is leased to 18 tenants, includingStearns (formerly First Pacific Financial), Carter Burgess, BorlandSoftware and LandAmerica. The property includes a six-storyadjacent parking garage and is close proximity to 2 Hutton Centre,a retail complex that houses a mix of restaurants and other shopsand service businesses.
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