Sep
04
Drawbridge Snags Orange County R&D Asset
ByCushman & Wakefield’s Capital Markets team represented the seller, Baring Real Estate Advisers, in the transaction. The building has served as Panasonic Avionics’ headquarters since 2000.
Baring Real Estate Advisers disposed of a fully leased Class A office/R&D building in Lake Forest, Calif. Drawbridge Realty purchased the single-tenant net lease asset.
Located at 26200 Enterprise Way in the Pacific Commercentre, a sought-after master-planned business park, the 144,906-square-foot building comprises two stories and features large floor plates with flexible configurations and ample surface parking. Since its construction in 2000, Panasonic Avionics Corp. has called the property its headquarters, as part of its 18-acre, seven-building, 500,000-square-foot global HQ campus in Lake Forest..
