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Laurus Corp. acquires Saddleback Financial Center in California’s robust Orange County market.
The 73,000 square foot office building located in Orange County’s pre-eminent community of Laguna Hills will benefit from a targeted value-add strategy. “By injecting capital into building infrastructure and aesthetics, Laurus Corp will update and reposition the property, thus moving it from a Class A- office building primarily focused on professional services to a premier Class A office capable of serving both medical and traditional office users – a unique offering compared to other buildings in the area. By doing so, we will capture the growing market as overall vacancy continues to compress.”