X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ORANGE, CA-The U.S. General Services Administration has renewed a 17,795-sf office lease in Orange’s Centrum North development. The deal is valued at $5.4 million.

The building is located at 1120 W. La Veta and owned by CRC Real Estate Corp. Sonya Dopp-Grech of Lee & Associates Orange Inc. represented both sides of the transaction.

The deal follows a $9.1-million lease transaction in Laguna Hills, involving the Town Centre office complex. The tenant, Golden Rain Foundation of Laguna Hills, inked a 10-year lease with owner PD Town Centre LP.

Golden Rain, which sponsors the formation of housing associations, will occupy 41,000-sf at the 12-acre complex. Located at 24325 El Toro Rd, the Town Centre complex was designed to include a medical office building, hotel, restaurant and a retail center, in addition to several office buildings. It was originally owned by Polygon Development.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.