Anaheim Centre Anaheim Centre

Harbor Associates has acquired a two-property 365,000-square-foot office portfolio in Orange County for $80 million. The properties include Anaheim City Centre, a 10-story 195,000-quare-foot tower in downtown Anaheim and Crown Cabot, a six-story 173,000-quare-foot property in Laguna Niguel.

Harbor plans to execute capital improvements on both properties. It will immediately begin renovations across the portfolio which will include lobby enhancements, building exterior improvements, new signage, move-in ready suites, EV charging stations, LED lighting retrofits and restroom and corridor updates.

This portfolio represents the 25th office acquisition in the last five years for Harbor. The firm intends to build on its recent momentum by sourcing new opportunities and pursuing similar strategies throughout Southern California with the goal of acquiring $250M over the next 12 months.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.