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Office Tower Handed over to Lender Despite Green Shoots in Orange County

Orange, California, Property Was Owned By Greenlaw Partners, Walton Street Capital
The roughly 350,000-square-foot 1 City Blvd. W. is located in Orange, California. (CoStar)
The roughly 350,000-square-foot 1 City Blvd. W. is located in Orange, California. (CoStar)
CoStar News
January 31, 2024 | 11:16 P.M.

A 19-story office building in Orange, California, has been handed back to the lender in another sign of distress for the office market even as green shoots emerge within Orange County.

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