X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ORANGE COUNTY, CA-CB Richard Ellis Strategic Partners U.S. Opportunity 5, an investment fund of CB Richard Ellis Group Inc., recently bought a 386,000 square-foot office complex comprising four buildings situated off the Garden Grove (22) Freeway in a foreclosure sale.

The terms of the deal were not disclosed though realty sources estimate it at $65 million almost half of what Birtcher Anderson Realty LLC and General Electric Co.’s GE Asset Management paid for the complex in 2007. For the full story, go to Orange County Business Journal.


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

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 © 2019 ALM Media Properties, LLC. All Rights Reserved.