TUSTIN, CA—CapRock Partners, a private commercial real estate investment firm based in Orange County, has unveiled its final plans for Radius (www.RadiusOC.com), the company's innovative new office redevelopment project in Tustin, CA. Currently undergoing a $2.5 million redevelopment, this highly evolved office offering will be available for occupancy during the first quarter 2016.

"Radius represents both a natural evolution, and a firebrand revolution, of the office market in Orange County," said Jake Loughridge, vice president of CapRock Partners and the lead on the project. "Over the past decade, we've seen a massive movement away from traditional office space - and toward modern work spaces with collaborative areas and indoor/outdoor connective spaces. We've also seen companies yearning for a better way to work, in an environment that is in line with their corporate culture and with the major cultural shift toward work/life balance. Radius will be the first project in its market to deliver on these desires."

CapRock Partners acquired the project now known as Radius in an off-market transaction. Located at 14191 Myford Road in Tustin, Radius encompasses 7.4 acres and a total of 110,000 square feet that was originally designed as premium industrial space. With its premier location within the amenities-rich Jamboree Rd/ 5 Freeway/ 261 Toll Road corridor and abundant surface parking and outdoor spaces, the CapRock team immediately identified an opportunity to redevelop the asset, re-positioning 70,000 square feet for a single user looking for its own identity in a contemporary office environment. The remaining space was leased at the close of escrow by a tenant in-tow, as part of the original transaction.