According to Gil Marrero of the Irvine office of Voit CommercialBrokerage, the buildings appealed to Citivest for a number ofreasons, including the significant redevelopment under way inDowntown Santa Ana, which has created a demand for office spacethere. More companies are relocating to Santa Ana as it has evolvedinto a "major hub for culture, business and entertainment," saysMarrero, who represented Citivest along with fellow Voit brokers AlPekarcik and Dan Vittone.

The 1200 N. Main St. building totals 143,456 sf in nine storiesand is predominantly leased to the County of Orange, which mayexpand into additional space within the property. The 1600 N.Broadway building is 10 stories, totaling 110,000 sf, and isvacant.

Jim Nichols, a partner in Citivest, says the company seespotential in redeveloping the 1600 N. Broadway building to targetbusinesses in Central Orange County that are seeking "prime officespace." Citivest has experience in developing and rehabilitatingretail, residential and office space.

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