MetLife, PGGM Buy Irvine Creative Office Campus for $235M

Acquisition of the 453K SF complex is the largest creative office deal so far this year in Orange County.

By Jack Rogers | July 01, 2022 at 06:53 AM

MetLife Investment Management and PGGM have acquired Intersect, a 453K SF, four-building creative office campus in Irvine from Hines for $235.2M in one of the largest and most-lucrative office deals in Orange County this year.

Hines acquired the property, which currently is 85 percent leased, in 2015 from Menlo Equities for $121.5M.

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