Kingsbarn acquires five-building creative office campus in Laguna Hills, Calif.
Kingsbarn Realty Capital has purchased the low-rise, creative office campus in the South Orange County submarket located at the intersection of Mill Creek Drive and Ridge Route Drive in Laguna Hills, Calif.
The property, known as HERE at Laguna Hills, was built in 1988 and renovated in 2016 and 2017. The five-building property consists of 233,974 rentable square feet situated on 15.97 acres.
“We are very pleased with the acquisition of the HERE at Laguna Hills Business Park,” said Jeff Pori, Kingsbarn CEO. “This is a very unique property with exceptional access to amenities, executive housing, the Irvine Spectrum, and the I-5 and I-405 freeways.” There are many built-in tenant amenities, including outdoor lounges, a state-of-the-art fitness facility, conference centers and open-air patios. Additionally, the HERE at Laguna Hills property is immediately adjacent to the Veeh Reservoir, which adds ambiance and scenery to the park. Major tenants include Centerco