Buchanan Street Pays M for Laguna Niguel Office Building

Buchanan Street Partners' Timothy Ballard with 24422 Avenida de la Carlota (Loopnet, Getty, Buchanan Street Partners) Buchanan Street Partners has ...

January 9, 2023
8:04 PM

Buchanan Street Partners' Timothy Ballard with 24422 Avenida de la Carlota (Loopnet, Getty, Buchanan Street Partners) Buchanan Street Partners has picked up a 120,300-square-foot office building in Laguna Niguel for $28.1 million. The Newport Beach-based real estate investor bought the four-story Oakbrook Plaza at 24422 Avenida de la Carlota with plans to convert it into a medical building, the Orange County Business Journal reported. The seller was Lincoln Property, based in Dallas. The price came out to $234 per square foot, about the same price Lincoln paid in 2016.

Shea Monahan