Palisades Capital Realty Advisors recently closed on an Orange County office investment, paying $21 mil for a 121.1k sf ($173/sf) business park in Brea. The property is situated on a 5.57-acre parcel at 2929 E.

Imperial, at the northwest corner of Saturn St and Imperial Hwy. “We continue to see an uptick in investor interest for stabilized offices assets in Orange County and throughout Southern California," said Prendergast. "Investor competition will continue to be heated with very few properties expected to come to market in the next several months."

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