(Save the Date: RealShare Orange County 2012 comes to the Hyatt Regency, Irvine, August 16.)
COSTA MESA, CA-GlobeSt.com has exclusively learned that Jones Lang LaSalle has been awarded the leasing of Legacy Redhill Center, a three-building 223,916-square-foot office campus here. The property is located at 2955, 2975 and 2995 Redhill Ave. in the Orange County Airport Area submarket of Costa Mesa.
The property has immediate availability for users ranging from 12,775 to 69,563 square feet. Leading the leasing efforts for the property are Jones Lang LaSalle Orange County's senior vice presidents Jay Nugent and Greg Puccinelli.
Owner Legacy Partners acquired the property in 2006. Puccinelli tells GlobeSt.com that he cannot disclose rental rates at the building at this time, but he points out that the building is currently 100% leased.
“We are marketing 82,338 square feet that will vacate at the end of the year,” he tells GlobeSt.com.
“Jones Lang LaSalle was selected for this assignment because of its deep understanding of the Airport Area office market and track record of negotiating leases with large corporate tenants,” Nugent adds. “Legacy Redhill Center is ideal for companies seeking a first-class campus environment with a reputable and stable ownership group like Legacy Partners which has a long track record of success throughout California.”
Puccinelli tells GlobeSt.com that CBRE was previously in charge of leasing.
Current tenants include General Electric, Profit Recovery Partners, OC Weekly, and HD Construction. When asked what types of tenants might be interested in the space, Puccinelli says “technology related companies, companies in need of back office space, or anyone looking for a big, open floor plate.”
Located minutes from the 73, 55 and 405 freeways in Orange County’s airport market, Legacy Redhill Center has immediate access to abundant nearby entertainment venues, restaurants and other amenities. It offers flexible open floor plates and two-story lobbies and common areas. Legacy Red Hill Center features mature landscaping and free surface parking, according to a prepared statement.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
