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LAKE FOREST, CA-Twin office buildings in Lake Forest have traded hands for a total of almost $2.6 million and a pro forma cap rate of nearly 10%.

The brick facade facilities, known as Centre Court, encompass a total of 18,673 sf. Located at 22772 and 22792 Centre Dr., the buildings were around 80% occupied at the time of sale. Amenities here include fireplaces in some offices, as well as covered parking.

Steve Economos and George Economos of NAI Capital Commercial acted on behalf of both the buyer, an undisclosed private investor, and the seller, Burnham Lake Forest Associates.

The Lake Forest transaction marks the third Orange County office sale to be reported in the past week. It follows the acquisition of a 38,986-sf Anaheim office building by WLA Investments for $3.6 million and the sale of a 20,232-sf office facility in Aliso Viejo to private investor Kevin Orton for $4.1 million

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