Avison Young completes sale of Easthill Corporate Plaza, a 39,300-sf office property in Anaheim Hills
October 1, 2020
Irvine, CA – Avison Young announced today it has completed the sale of Easthill Corporate Plaza, an approximately 39,300 square-foot (sf) office building located at 175 Riverview Drive in the Anaheim Hills submarket of Anaheim, CA.
Avison Young Principals Alan Pekarcik and Keith Kropfl and Senior Associate Chris Smith who are based out of the firm’s Orange County office, represented the seller, TCF National Bank who was the owner/occupant of the property and relocated to another Southern California location in Q2 2020. The buyer was self-represented and will occupy the entire building once a renovation is complete.
“We received a significant amount of interest from owner-users and investors, as well as developers for a reuse scenario,” said Smith. “The Anaheim Hills area offers office users seeking a suburban location with easy access to a diverse set of housing options for employees, retail, dining, and freeway system.”
Built in 1989 and situated on 2.24 acres, the two-story, elevator-served building includes 142 parking spaces. The property is located within a dense infill location off Santa Ana Canyon Road and Weir Canyon Road and is near the 91 freeway as well as Anaheim Festival Shopping Center and Savi Ranch shopping area.
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2020 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.