November 15, 2018

Brea Office Portfolio – SOLD

Brea Office Portfolio is a four-building office campus located in Brea, CA (Los Angeles MSA).  The 288,167 square feet campus was 60% occupied at the time of acquisition. The properties were purchased in an off-market transaction at a discount to replacement cost. Strong fundamentals in the Brea sub-market at the time of acquisition allowed us to increase occupancy and net operating income.