The seller, Orchard LLC, was represented by Robert Mitchell and Robert Mejia of Voit Commercial Brokerage, along with Mike Lawrence of Marcus & Millichap Real Estate Investment Brokerage Co. Jim Darren of Westcord acted on behalf of the buyer, E. Realty Fund.
Office transactions have been fairly scarce across the county, although a major lease deal did close in Anaheim recently. The deal, which was reported a couple of weeks ago, involved Trammel Crow Co.'s $75-million office project here, Arena Corporate Center, which is still under construction. Syndicated Office Systems inked a $40-million, 10-year lease for 140,000 sf here. The company, which is the first tenant that Trammel Crow has secured for its office project, will occupy nearly 40% of the three-building complex. Slated to occupy its space in 2003, Syndicated Office Systems will relocate its headquarters here from Santa Ana.
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