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California  + Orange County  + Office  | 

LPC, TriGate Acquire Centrally Located Office Campus in O.C.

The Square on Main is a 420,000-square-foot, Class A office campus in Orange, Calif. – and now LPC West and TriGate Capital are its new owners, per a news release. The Square has five buildings, it sits at a lease rate of 96.5 percent and is located quite near Interstate 5.

LPC West is the west coast division of Lincoln Property Company. TriGate Capital is a real estate investment manager. 

Additional details from the release include:

The 7.6-acre campus includes two 12-story buildings, one six-story building, two one-story buildings, and a large parking structure. In addition, the site offers full transit accessibility, with access to the 22 and 57 freeways and numerous airports within 40 miles. The campus is within walking distance of high-quality housing, the Main Place Regional Mall, advanced healthcare facilities, and many other amenities. 

“We are very pleased to join with LPC West on this acquisition, providing the intellectual capital, structuring experience and operating ability that distinguishes our firm,” said Milan Bhatt, Vice President of TriGate Capital. “We see tremendous potential ahead for this dynamic region and future transactions with high-caliber partners like LPC West.” 

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