Mike Adams Commercial Real Estate

Quarterly we track major statistics, trends, threats and opportunities within the Orange County office market. This report focuses on buildings from 10,000-60,000 RSF.

It is great when clients become friends. That is the case here. Excited for our client and his new purchase in RSM. Now it is time to turn the ball over to Stanley Roditis and let him turn the property into exactly what the client wants. For details on the closing please reach out to myself or our team. #closed #RSM #flex #industrial #cre #commercialrealestate #sold #streamrealty @madamss @jarretstinger @stanroditis @streamrealtypartners @stream.wla

It was a pleasure to be a part of team and execute on this transaction. Saddleback Church sold an undeveloped hillside next to their HQ to Trumark Homes who will be building 91 units. The funds will go to furthering what the Church is doing in the community.

8,992 RSF flex building in the Irvine Spectrum. For those that will ask (and because I butchered it on the video) ceiling height is 22. Please reach out to myself or @madamss to arrange a tour.

Quick update on renovations at 101 Columbia in Aliso Viejo @madamss @stevenrawls @tq_____

Closings Look A Little Different These Days Alexander Martini and I are working on a closing. We signed documents yesterday. A question we got then and often get is - is there a checklist for a transaction. Please reach out via DM and we will share the checklist. Also, we will be doing a video series afterwards that discusses post close - but we thought people might find this escrow checklist of value in the meantime. Morgan Adams Stream Realty Partners... #escrow #closing #marketing #transaction #buildingsales #southcounty #offmarketmike

A little late to posting this one. Great time with the boys @thecnelly @shinnerskim @erickson.garth

23591 El Toro is a 28,827 RSF #multi-tenant office building. Building is currently 93.3% occupied, with an opportunity to mark rents to market as leases expire enabling NOI growth. Project also has flexibility in leases enabling multiple owner/user opportunities. Situated across from the US Post Office, close to freeways, restaurants, and shopping centers including walking distance to The Orchard (281K RSF) and Twin Peaks Plaza (266K RSF). Located only 19 minutes from John Wayne Airport, and positioned parallel to the I-5 freeway. In the El Toro Road Corrido - for the City of Lake Forest General Plan amendment (potential of allowing for MU-60). Project is priced to sell, the offering is below recent sale comps.