CBRE Arranges Valencia Office Sale for Harbor Associates

CBRE facilitated the $32-million sale of Commons at Valencia, a two-building Class A office campus totaling approximately 157,189 square feet, located at 25124 and 25152 Springfield Court in Valencia. Strauss Investments LLC acquired the property from Harbor Associates.

The CBRE team of Mark Shaffer, Anthony DeLorenzo, Sean Sullivan and Gerard Poutier represented Harbor Associates. “Commons at Valencia attracted significant investor interest due to its strong tenant roster, recent capital improvements and strategic location within one of Southern California’s premier suburban office markets,” said Shaffer. “The property’s leasing momentum and long-term growth prospects within the Valencia submarket created a compelling investment opportunity for the buyer.”

Originally built in 2005, Commons at Valencia consists of two three-story office buildings and a two-story parking structure with 625 parking spaces. At the time of sale, the property was 79% occupied by a diverse roster of professional services, insurance, financial services and real estate tenants.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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