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IRVINE, CA-Hines Global REIT, a public REIT sponsored by international real estate firm Hines, has acquired 2300 Main, a five-story, class-A office building, from Von Karman-Irvine Associates LLC. Hines has confirmed with GlobeSt.com that the sales price was $38.2 million.

CBRE represented the seller in the transaction. The property, a 132,064-square-foot building designed by Langdon Wilson and located on the corner of Main St. and Von Karman Ave. within the Irvine Business District submarket, was completed in 2002 and has been 100% occupied by United Healthcare Services Inc. ever since. It is currently leased on a long-term basis to the subsidiary of UnitedHealthGroup Inc.

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