CushWake Brokers Sale of Lake Forest Office Campus to Prologis
Cushman & Wakefield represented both parties in the sale of Pacific Vista, a 322,262-square-foot Class A corporate office campus in Lake Forest. The property consists of five two-story office buildings that are leased to seven long-term tenants.
Prologis, Inc., acquired the asset from an undisclosed seller for $96 million. The logistics real estate leader plans to continue operating the property as a best-in-class office project.
Cushman & Wakefield’s Jason Ward represented the buyer. Colleague John Harty, with assistance from Jeffrey Cole, Nico Napolitano and Ed Hernandez, also represented the seller.
“With its central location, Pacific Vista is a great addition to Prologis’ portfolio, and we worked closely with the company to capitalize on this strategic, off-market opportunity,” said Ward.
Located at 25500-25550 Commercentre Dr., Pacific Vista is located in southern Orange County and offers convenient access to major freeway routes including Interstates 5 and 405 along with State Route-241.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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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