Irvine mortgage lender scoops up 104K office building from John Hancock for new HQ
A mortgage brokerage is planting deeper roots in Orange County with an office buy that doubles as a headquarters move. West Capital Lending purchased a five-story, 104,380-square-foot office building at 17911 Von Karman Avenue in Irvine for $23.8 million, L.A. Business First reported. John Hancock Life Insurance Company sold the property after acquiring it in 2016 for $34 million. The deal works out to approximately $227 per square foot. Sunwest Bank issued an $18.6 million acquisition loan for the transaction, according to Yardi Matrix data cited by L.A. Business First. West Capital plans to occupy roughly half of the building, […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Buckingham Palace Unveils Its Biggest Picture Gallery Rehang in a Generation
Amazonian crafts feature in Costa Brazil's New York fragrance store
Insider-turned-outsider sells more shares of industrial REIT
Two Monégasque Designers Create a Loft That Is “Classic New York”
Princess Margaret’s Former English Country Retreat Lists for $5.3 Million
Patio Privacy Ideas for a Cozy and Secluded Outdoor Oasis
Eight pocket gardens and mini courtyards that draw light into the home
Leave the Shed—It’s the Summer of the Garden Pavilion
A 1906 Antoni Gaudí–Designed Residence Comes Back to Life in Barcelona
BoND designs "dark and enveloping" private sauna in New York
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California, 92656, USA