A 95,371-square-foot office building in the Anaheim office complex called Link OC has been sold for $31.2 million, according to Cushman & Wakefield.
The four-story building “1065 Link” is leased to multiple divisions operated by the state of California, including the Workers’ Compensation Appeals Board and the Department of Industrial Relations.
Easterly Government Properties, based in Washington, D.C., was the buyer.
The Class A office building was completed in 1991 and was updated in 2020. It has a newly renovated lobby and exterior common areas.
Cushman & Wakefield represented the seller, a partnership that includes a real estate investment, development and management firm and a global investment manager.
MCA sells Washington industrial complex for nearly $14 million
Orange-based MCA Realty sold Spectrum Business Park, a 68,911-square-foot six-building industrial complex in Federal Way, Washington, for $13.75 million.
An unidentified investor bought the complex as part of a 1031 exchange.
MCA bought the business park in September 2021 and invested about $500,000 in capital improvements that improved much of the exteriors of the buildings, select interiors and campus landscaping.
Spectrum Business Park, completed in 1978, is between Seattle and Tacoma and was fully leased at the time of the sale.
MCA said the business park was its fifth property sold in its Industrial Growth Fund.
Watermark prepares for Laguna Niguel debut
Christopher Tharp has been named the new executive director of Watermark Laguna Niguel, a senior living community set to open in November.
Previously, he led senior living communities as an executive director in Carlsbad and Charleston, S.C.
Also joining Tharp at Watermark Laguna Niguel are Hector Gonzalez as Community Life director, and Ashely Davidson, a licensed vocational nurse, who is the community’s wellness director.
Watermark Laguna Niguel will feature luxury amenities, wellness programs and a high-end dining venue…
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