Location
Orange County, CA
Type
Office
Service
Acquisition/Disposition
Size
228,000+ SF
Highlights
- Value-Add Opportunity
- Purchased below replacement cost
- Refurbished and Repositioned the asset
- Stabilized and Sold
Highland Portfolio
McKinney repositioned a portfolio of Class C office buildings to Class B office buildings in suburban Orange County, California. All of these properties were undermanaged and had deferred maintenance, but were also located in a strong rental market. We oversaw design, construction, leasing, and management of portfolio to a stabilize the assets and sold each property individually to maximize value.