{"id":1004194953,"date":"2017-10-25T05:35:16","date_gmt":"2017-10-25T13:35:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004194953"},"modified":"2022-12-08T19:13:06","modified_gmt":"2022-12-09T03:13:06","slug":"pacsun-global-hq-building-changes-ownership","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/pacsun-global-hq-building-changes-ownership\/","title":{"rendered":"PacSun Global HQ Building Changes Ownership"},"content":{"rendered":"<p>By Evelyn Jozsa<\/p>\n<div id=\"attachment_1004194954\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/PacSun.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004194954\" data-attachment-id=\"1004194954\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/pacsun-global-hq-building-changes-ownership\/pacsun\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/PacSun.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"PacSun\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;PacSun&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/PacSun.jpg?w=800\" class=\"wp-image-1004194954 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/PacSun.jpg\" alt=\"PacSun\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/PacSun.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/PacSun.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/PacSun.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004194954\" class=\"wp-caption-text\">PacSun<\/p><\/div>\n<p>Hines, along with funds managed by Oaktree Capital Management, purchased Pacific Sunwear \u201cPacSun\u201d Global Headquarters, a 181,000-square-foot, three-story Class A office building in Anaheim, Calif. This transaction marks the ninth <a href=\"https:\/\/www.commercialsearch.com\/news\/hines-strengthens-its-foothold-in-the-orange-county-office-market\/\">North\u00a0Orange County submarket\u00a0office<\/a> acquisition closed by the two firms.<\/p>\n<p><em>\u201cPacSun is a tremendous acquisition to add to our growing net leased portfolio and further strengthens our portfolio in North Orange County,\u201d <\/em>said Ray Lawler, senior managing director of development and investment office at Hines, in prepared remarks.<\/p>\n<p>Situated at 3450 E Miraloma Ave., at the intersection of Grove Street and East Miraloma Avenue, the building provides easy access to the 91 and 55 Freeways, and is approximately 20 minutes from John Wayne Airport.<\/p>\n<p>The office building was developed in 2002 as a build-to-suit for PacSun and it will continue to serve as their global headquarters. The asset features large outdoor lounge areas and barbecue grills, volleyball and basketball courts and a skate ramp.<\/p>\n<p><em>Image courtesy of Hines<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 181,000-square-foot, build-to-suit office building will continue to serve as global headquarters for Pacific Sunwear. This is Hines and Oaktree\u2019s ninth acquisition in the North Orange County submarket.<\/p>\n","protected":false},"author":871,"featured_media":1004194954,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,21742,21747,34267,15],"tags":[32797,32944],"class_list":["post-1004194953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-latest","category-office","category-orange-county","category-west","tag-hines","tag-oaktree-capital-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PacSun Global HQ Building Changes Ownership - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/pacsun-global-hq-building-changes-ownership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PacSun Global HQ Building Changes Ownership\" \/>\n<meta property=\"og:description\" content=\"The 181,000-square-foot, build-to-suit office building will continue to serve as global headquarters for Pacific Sunwear. 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