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Laguna Hills Square: Orange County, CA


Description: Laguna Hills Square, Orange County, CA
Size: 51,734 square feet
Purchase Price: $14,100,000
Hold period: 23 months
Buyer: Universal Properties LH Five, LLC
Disposition Price: $20,725,000
Action taken: Increased occupancy to 100% and in-place average rental rate by $ 0.19 per square foot. Also renewed and/or extended lease terms of major tenants. Completed building improvements including lighting, retrofit and common area upgrades.
Investor IRR: 54.91%

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