Another old Class B office campus in Orange County soon will make way for a new Class A industrial complex.
The Santa Ana City Council has given its approval to Costa Mesa-based C.J. Segerstrom & Sons to replace the Lake Center Office Park, a 180K SF campus at 3700 South Susan Street, with the South Coast Technology Center. The latter represents three industrial flex buildings, encompassing a total of 313K SF.
The three two-story office buildings, dating back to the early 1980s, will be torn down to make way for the new $126M light industrial campus. The project will accommodate a range of uses, including R&D, light manufacturing and warehousing, the Orange County Business Journal reported.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
