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2600 Michelson 2600 Michelson is a 311,000-square foot tower built in 1986.

IRVINE, CA—CBRE Global Investors has purchased 2600 Michelson, a 16-story, 311,000-square-foot office tower here, for $120 million from Ocean West Capital Partners. The asset is 99% occupied with major tenants including Loan Depot, Jacobs Engineering, Zillow and Premier Business Centers.

The property was built in 1986, and the sellers completed an extensive renovation on it last year. The seller declined GlobeSt.com’s requests to discuss the specifics of the renovations or their total cost, but did tell us the firm is working on two other repositioning projects in Orange County. We were unable to get the details of the projects before deadline.

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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.

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