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Kondaur Capital Signs Relocation Deal

ORANGE, CA-The tenant takes 28,995 square feet at 333 S. Anita Dr. here for a five-year term in this week's wrap-up of deals.

By Carrie Rossenfeld | Updated on April 11, 2013

ORANGE, CA-Financial-services company Kondaur Capital Corp. is relocating its headquarters from One City Blvd. to 28,995 square feet of office space at 333 South Anita Dr., a 10-story, 222,000-square-foot class-A office building here, for a five-year term. The aggregate value of the transaction is approximately $3 million. The tenant was represented in the transaction by Michael Props, Royce Sharf and Brad Schmitt with Studley‘s Orange County office, while the landlord was represented by Greg Brown and David Dowd with Cushman & Wakefield. Kondaur is expected to occupy its new premises in June of 2013.

SAN DIEGO-American West Bank has renewed a long-term lease at 701 B St. here with Trizec 701 B Street LLC. The 11-year, 5,400-square-foot lease renewal is valued at more than $2 million and encompasses a portion of the ground-floor space of that building. Jeff Saywitz in the local office of the Saywitz Co. represented the tenant in the transaction, while Jeff Oesterblad of Cushman & Wakefield represented the property owner.

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