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| 1301 Dove Street, Newport Beach, CA |
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| Ryan Gallagher |
IRVINE, CA – Holliday Fenoglio Fowler, L.P. (HFF) announced
it has closed the $72.275 million sale of 1301
Dove, a 202,178-square-foot, landmark Class A office asset in Newport
Beach, California.
HFF marketed the asset on
behalf of the seller, MetLife Real Estate Investors.
The property is located at
1301 Dove Street with easy access to the Corona Del Mar, Newport Beach/Costa
Mesa and San Diego Freeways in Newport Beach.
This location places the asset within a mile and a half of the John
Wayne Airport and close to executive housing in Newport Beach, Newport Coast,
Corona Del Mar and Laguna Beach.
Originally built in 1980, 1301 Dove was
renovated in 2004 and again in 2014. The
10-story property is 86 percent leased to tenants including Alliant Insurance,
Birch Street Systems and iMortgage.
The HFF investment sales
team representing the seller was led by senior managing director Ryan Gallagher, managing director Mike McCann, associate director Derreck
Barker and director Tim Geiman.
For a
complete copy of the company’s news release, please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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