Login

$22M Office Teardown Makes Way for Multifamily

Class B Office Sold as Land Play for Multifamily Redevelopment in Orange, California
615 The City Dr. in Orange, California, set for teardown to make way for multifamily. (CoStar)
615 The City Dr. in Orange, California, set for teardown to make way for multifamily. (CoStar)

You might ask, "what sane investor would offer above-asking price for a 33-year-old, 150,000-square-foot, low-rise suburban class B office with a few dwindling leases, right at the onset of an office-fueled commercial real estate downturn?"

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In