Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SANTA ANA, CA-A private investor based in Los Alamitos has purchased the 44,000-sf Staples office building at 2900 S. Harbor Blvd. for about $5.2 million from a seller based in the Inland Empire, according to Sperry Van Ness.

Mike Austin of Sperry Van Ness in Irvine represented buyer and seller, 2900 S. Harbor LLC. Austin says the Staples building is close to the 405 Freeway in the growing Orange County South Coast Metro submarket.

The office building is 100% leased to key tenants that include the regional headquarters of the Staples office supply chain, the Orange County Head Start Program and Gateway Learning Corp. The building was constructed in the 1980s and owned by the seller for 10 years.

Austin notes that the seller helped to facilitate the deal by arranging for long-term financing at an attractive interest rate to provide “an excellent return on investment” for the buyer.

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?


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 © 2021 ALM Media Properties, LLC. All Rights Reserved.