Orange County Office Property Trades for $11M
JLL Capital Markets has closed the $11 million sale of a fully leased, 44,000-square-foot office property in Brea, CA. JLL represented the seller, Miller Family Companies and procured the buyer, a local private investor.
The building is located at 330 E. Lambert Rd., close to the busy Brea Mall and within walking distance of numerous retail and service amenities. The two-story property has five tenants, including 7-Eleven, Avita and Lendistry and has also undergone ESG improvements, including a new solar grid.
“Brea continues to be a highly sought-after investment market both for private capital and institutional buyers due to its strong fundamentals and proximity to LA, Orange County and the Inland Empire,” said Director Mark DeGiorgio, who along with Senior Director Blake Bokosky represented the seller for JLL Capital Markets.
- ◦Sale/Acquisition
