Fully Leased Brea Offices Sell to Private Investor

NAI Capital Commercial executive managing director Ryan Campbell and Tony Naples of Lee & Associates represented a private investor in the $19.5-million acquisition of a 79,500-square-foot Class A office building located at 120 S. State College Blvd. in Brea. CBRE National Office Partners’ Anthony DeLorenzo, along with Sammy Cemo, Bryan Johnson and Harry Su of Private Capital Partners, represented the seller.

Built in 1985 and renovated in 2015, the three-story building sits on 2.3 acres within Brea Place, a business park encompassing six office buildings. The property is fully leased to six tenants, including the County of Orange, CareFusion, Whittier Filtration, HdL Companies and Yellow Box Corp.

“This acquisition represents a strong long-term investment opportunity in one of Orange County’s most established office submarkets,” said Campbell. “The property’s stable tenant roster, quality improvements, and excellent location within Brea’s core business district provide secure and durable cash flow for years to come.”

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NAI Capital's Campbell

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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