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Khoshbin Co. Acquires Orangewood Corporate Plaza for $18.9 Million
CBRE has arranged the sale of Orangewood Corporate Plaza, a two-building office campus located at 2100–2200 Orangewood Avenue in Orange, California. The property was acquired by Costa Mesa-based Khoshbin Co. for $18.9 million.
The transaction was brokered by CBRE’s National Office Partners team, with Anthony DeLorenzo, Bryan Johnson, and Sammy Cemo of Private Capital Partners representing the seller. Additional advisory support was provided by CBRE professionals Matt Didier, David Dowd, and Jennifer Whittington.
“Orangewood Corporate Plaza offers stable cash flow, strong leasing momentum, and a strategic location near some of Orange County’s most dynamic growth corridors,” said DeLorenzo. “The buyer recognized the long-term value in a well-performing office campus with upside potential in a market that continues to attract investment.”
The campus totals 109,644 square feet situated on 4.46 acres, and was 84% leased at the time of sale to a diverse mix of regional and national office tenants. The property features high-end finishes, subterranean parking, and has benefited from over $3.3 million in recent capital improvements.
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