TUSTIN, CA—CapRock Partners, a privatecommercial real estate investment firm based in Orange County, hasunveiled its final plans for Radius(www.RadiusOC.com), the company's innovative new officeredevelopment project in Tustin, CA. Currentlyundergoing a $2.5 million redevelopment, this highly evolved officeoffering will be available for occupancy during the firstquarter 2016.

"Radius represents both a natural evolution, and afirebrand revolution, of the office market in OrangeCounty," said Jake Loughridge, vice presidentof CapRock Partners and the lead on the project. "Over the pastdecade, we've seen a massive movement away from traditional officespace - and toward modern work spaces with collaborative areas andindoor/outdoor connective spaces. We've also seen companiesyearning for a better way to work, in an environment that is inline with their corporate culture and with the major cultural shifttoward work/life balance. Radius will be the first project in itsmarket to deliver on these desires."

CapRock Partners acquired the project now known as Radius in anoff-market transaction. Located at 14191 MyfordRoad in Tustin, Radius encompasses 7.4 acres and a totalof 110,000 square feet that was originally designed as premiumindustrial space. With its premier location within theamenities-rich Jamboree Rd/ 5 Freeway/ 261 TollRoad corridor and abundant surface parking and outdoorspaces, the CapRock team immediately identified an opportunity toredevelop the asset, re-positioning 70,000 square feet for a singleuser looking for its own identity in a contemporary officeenvironment. The remaining space was leased at the close of escrowby a tenant in-tow, as part of the original transaction.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.