SANTA ANA-The fully leased Essex Corporate Center has been sold in a deal valued at approximately $11 million. Located in Santa Ana, the research and development facility encompasses 94,988 sf.

The two-tenant building stands on a 6.5-acre site at 1900 Carnegie. The seller, Essex Realty Management, had acquired the undeveloped parcel several years ago from Draper’s & Damon’s, an upscale women’s clothing distributor. During escrow, Essex secured Horizon Medical, a leading medical device and pharmaceutical contract manufacturer, as a tenant. Horizon took 60,000-sf in the Essex Corporate Center and after construction was completed, a provider of high security access control solutions signed a lease for the remaining space. That second tenant, Hirsch Electronics, brought the occupancy level up to 100%.

CB Richard Ellis brokers from the firm’s Newport Beach office represented both the seller, Essex Realty Management, and an unnamed private trade buyer in the sale of Essex Corporate Center. The brokers were Chip Wright, Dave Desper and Jerry Nourse.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


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


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.