DAUM REPRESENTS SELLER IN $6.5 MILLION CORPORATE HQ SALE IN IRVINE, CA

Nov 6, 2012

1 Morgan, Irvine, CA 

DAUM Commercial Real Estate Services announced today that it represented One Morgan LLC in the disposition of a 59,213 square foot corporate headquarters, R&D facility located in Irvine, CA. The total consideration of the sale was $6.5 million ($110 PSF).  This high-image facility features heavy power and 100% HVAC, making it an ideal corporate headquarter site.  The undisclosed buyer purchased the property in warm-shell condition (no offices) which they will install at their election.

Charlie Winn and Craig Sullivan of DAUM’s Orange County office represented the seller in the transaction. The property is located at 1 Morgan in the Irvine Spectrum.

Max Wang and John Griffin of Voit Commercial represented the buyer in this transaction.

For a detailed viewing of this asset, please visit: http://vimeo.com/42632600.

DAUM Commercial Real Estate Services provides a full array of commercial real estate services including brokerage, consulting, leasing, sales, corporate services and asset, construction, project and property management.  Founded in 1904, DAUM is California’s oldest and most experienced commercial real estate brokerage company.  DAUM has 9 offices throughout Southern California and Arizona. More information is available at www.daumcommercial.com.

 

DAUM Commercial Real Estate Services is a member of ONCOR International, a premier global commercial real estate network. ONCOR International members represent over 50 independent commercial real estate brokerages, with more than 2,200 associates, in over 170 offices throughout 32 countries. In 2007 ONCOR International members were collectively responsible for approximately $38.4 billion in commercial real estate volume and over 17,000 commercial real estate transactions. ONCOR International LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network.   More information is available at www.oncorintl.com.