The two-tenant building stands on a 6.5-acre site at 1900Carnegie. The seller, Essex Realty Management, had acquired theundeveloped parcel several years ago from Draper's & Damon's,an upscale women's clothing distributor. During escrow, Essexsecured Horizon Medical, a leading medical device andpharmaceutical contract manufacturer, as a tenant. Horizon took60,000-sf in the Essex Corporate Center and after construction wascompleted, a provider of high security access control solutionssigned a lease for the remaining space. That second tenant, HirschElectronics, brought the occupancy level up to 100%.

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