{"id":1004515816,"date":"2021-03-12T04:41:05","date_gmt":"2021-03-12T12:41:05","guid":{"rendered":"http:\/\/internal.cpexecutive.com\/?p=1004515816"},"modified":"2021-05-15T10:14:09","modified_gmt":"2021-05-15T18:14:09","slug":"walton-street-capital-lands-83m-for-orange-county-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/","title":{"rendered":"Walton Street Capital Lands $83M for Orange County Campus"},"content":{"rendered":"
\"\"<\/a>

Orange County Business Center<\/p><\/div>\n

Walton Street Capital has received an $82.5 million loan to refinance Orange County Business Center, a five-building office property totaling some 435,000 square feet in Santa Ana, Calif., according to public records. Natixis provided the floating-rate financing for the Class B asset.<\/p>\n

Walton Street acquired the office campus<\/a> in 2018 for $73.3 million and CommercialEdge data shows the buyer financed the purchase with a $61.5 million loan from Bank of America. The seller was PS Business Parks.<\/p>\n

\n

READ ALSO:<\/strong> Defense Firm Signs Record Orange County Office Lease<\/a><\/p>\n

\n

Completed in 1986, the asset comprises five two-story buildings with floor plans of up to 80,000 square feet. A various mix of tenants populates the office park\u2019s roster, including Varys, MedXM and Orange County Environmental Health Division.<\/p>\n

Orange County Business Center occupies nearly 23 acres at 1221-1261 E. Dyer Road. The property is roughly 4 miles south of downtown Santa Ana, just west of Costa Mesa Freeway and 2 miles north of Interstate 405.<\/p>\n

A rare refi<\/h2>\n

Large single-asset office refinancing deals have been few and far in between in Orange County during the past couple of quarters. According to CommercialEdge, Irvine Co. refinanced its loan on 620 Newport Center Drive in Newport Beach, located some 8 miles south of Orange County Business Center, last November. Irvine Co.’s new loan on the 237,000-square-foot Newport Beach property amounts to $95 million, held by Prudential Financial.<\/p>\n

Last November, Drawbridge Realty Trust also took out a nearly $149 million refinancing loan<\/a> for four Southern California properties, two of them in Orange County\u20144 and 5 Polaris Way in Aliso Viejo\u2014as well as an asset in Austin, Texas.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 437,000-square-foot office property last traded in 2018 for more than $73 million.<\/p>\n","protected":false},"author":870,"featured_media":1004526363,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21742,21747,34267,15],"tags":[34029,37674],"class_list":["post-1004515816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-latest","category-office","category-orange-county","category-west","tag-natixis","tag-walton-street-capital"],"acf":[],"yoast_head":"\nWalton Street Capital Lands $83M for Orange County Campus - 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\/walton-street-capital-lands-83m-for-orange-county-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Walton Street Capital Lands $83M for Orange County Campus\" \/>\n<meta property=\"og:description\" content=\"The 437,000-square-foot office property last traded in 2018 for more than $73 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-12T12:41:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T18:14:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Orange-County-Business-Center-e1615551591363.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Marinescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/\",\"name\":\"Walton Street Capital Lands $83M for Orange County Campus - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Orange-County-Business-Center-e1615551591363.jpg\",\"datePublished\":\"2021-03-12T12:41:05+00:00\",\"dateModified\":\"2021-05-15T18:14:09+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Orange-County-Business-Center-e1615551591363.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Orange-County-Business-Center-e1615551591363.jpg\",\"width\":1000,\"height\":750},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Walton Street Capital Lands $83M for Orange County Campus\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1\",\"name\":\"Adriana Marinescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g\",\"caption\":\"Adriana Marinescu\"},\"description\":\"Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/adriana-marinescu\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Walton Street Capital Lands $83M for Orange County Campus - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/","og_locale":"en_US","og_type":"article","og_title":"Walton Street Capital Lands $83M for Orange County Campus","og_description":"The 437,000-square-foot office property last traded in 2018 for more than $73 million.","og_url":"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2021-03-12T12:41:05+00:00","article_modified_time":"2021-05-15T18:14:09+00:00","og_image":[{"width":1000,"height":750,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Orange-County-Business-Center-e1615551591363.jpg","type":"image\/jpeg"}],"author":"Adriana Marinescu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/","url":"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/","name":"Walton Street Capital Lands $83M for Orange County Campus - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Orange-County-Business-Center-e1615551591363.jpg","datePublished":"2021-03-12T12:41:05+00:00","dateModified":"2021-05-15T18:14:09+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Orange-County-Business-Center-e1615551591363.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Orange-County-Business-Center-e1615551591363.jpg","width":1000,"height":750},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/walton-street-capital-lands-83m-for-orange-county-campus\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Walton Street Capital Lands $83M for Orange County Campus"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1","name":"Adriana Marinescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g","caption":"Adriana Marinescu"},"description":"Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.","url":"https:\/\/www.commercialsearch.com\/news\/author\/adriana-marinescu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Orange-County-Business-Center-e1615551591363.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004515816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/870"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004515816"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004515816\/revisions"}],"predecessor-version":[{"id":1004534357,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004515816\/revisions\/1004534357"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004526363"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004515816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004515816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004515816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}