IRVINE, CA-Santa Monica-based Ocean West Capital Partners has purchased 2600 Michelson, a 308,000-square-foot office tower off Jamboree Road near John Wayne Airport in Irvine for little above $70 million or about $330 per square foot. The 16-story building, formerly owned by Maguire Properties Inc. of Los Angeles, was sold by Torchlight Investors, a special servicer based in New York.
LA Fitness Inc. houses its 60,000-square-foot headquarters at the 2600 Michelson office tower. Brokers from CB Richard Ellis Group Inc. handled the deal. For the full story, go to Orange County Business Journal .
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