John Drachman

ALISO VIEJO, CA—Quality office space is no longer anafterthought for many larger users, and they use their office spaceto create the sense that they want their employees to have thebest, Newport Beach, CA-based Stillwater Investment Group founder John Drachmantells GlobeSt.com. The firm, in a joint-venture partnershipwith CrossHarbor Capital Partners, recently acquired athree-building, 161,000-square-foot office campus at 26600,26650 and 26700 Aliso Viejo Pkwy. here for $36 million fromCavium Inc., which was represented by Byron Foss andGreg Tippin with Newmark Grubb Knight Frank.

Built in 1999, the campus encompasses three, two-story buildingswith 2.5 acres of excess land. The site has been the corporateheadquarters for QLogic, a wholly owned subsidiary ofCavium Inc., a global leader and technology innovatorin high-performance server and storage networking connectivityproducts. On the heels of the acquisition of QLogic byCavium in August 2016, it was announced that QLogic would relocateits remaining Orange County operations to the IrvineSpectrum.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

carrierossenfeld

Just another ALM site