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California  + Orange County  + Office  | 

Koll Claims Strategically Located Flex Building Near Irvine Business Complex

Irvine, CA-based The Koll Company acquired a 77,000-square-foot flex building in Tustin, CA, for a reported $12 million. Located at 1361 Valencia, adjacent to the Irvine Business Complex, the two-story building offers office/R&D space, plus 20,000 square feet of high bay warehouse space and two dock-high loading doors.

The Koll Co.’s Scott Meserve says the building, which has been vacant since the end of the year, is only one of a handful of opportunities available in the market and is ideal for single tenants who require a mix of office/R&D and warehouse space. Koll commenced more than $4 million in renovations to upgrade the building for a new prospective tenant.

Colliers International’s Mike Hartel, Joe Winkelmann and Nick Velasquez represented the buyer. Lee & Associates’ Mike Long advised the undisclosed seller. California Bank & Trust completed a bridge loan for the transaction.

For comments, questions or concerns, please contact Dennis Kaiser

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Connect With The Koll Co.’s MeserveConnect With Colliers International’s HartelConnect With Lee & Associates’ Long

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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