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ANAHEIM, CA-WCB Properties of Newport Beach has named PM Realty Group for property and construction management assignments at WCB’s approximately 138,000-sf PacifiCenter Anaheim and its 62,000-sf Westgate Center in Corona. The two locations were part of a portfolio of five properties totaling six million sf that WCB bought in June from UBS Realty Investors and ProLogis.

PacifiCenter Anaheim is a four-building, 137,856-sf office and retail complex along North PacifiCenter Drive between La Palma Avenue and Tustin Avenue. The 15.5-acre complex includes a 94,112-sf office building at 1065 N. Pacificenter Dr., a 20,769-sf flex office building at 1041 N. Pacificenter Dr. and two retail buildings of 10,668 sf and 12,307 sf at 1071 and 1081 N. Pacificenter Dr. respectively.

The complex, which is 98% leased, is anchored by Fremont Investment & Loan. The property also includes a 1.38-acre parcel that is entitled for future office development.

Westgate Center is a 62,057-sf, two-story office building at 2280 Wardlow Circle in Corona. It is 93% leased, with home builder D.R. Horton as the major tenant. John Rowen, SVP at PM Realty, will oversee the property and construction managementteams at both properties.

The construction management portion of the contract includes supervising alterations to current tenant spaces as well as to the common areas in order to create and add value to each property, according to Jim Proehl, EVP and managing director of PM Realty Group’s western division. The assignment also is to improve the operations and maintenance of both projects to realize their full potential, Proehl says.

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