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WINDWATER BLOG

Wind Water stabilizes Irvine office building for investor

Wind Water's Russ Smith recently helped stabilize 9842 Research Drive, a contemporary, creative office building located in the Irvine Spectrum.

Phenox Inc., a company that produces clinical technologies and products, now occupies the building, making it 100% leased.

Prior to the stabilization of the property, Wind Water's Travis Forster sold the building for $2.2M. The current owner purchased the building as an investment opportunity, and now, has a stabilized asset thanks to the Wind Water team. 

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The location, improvements and pure office zoning contributed to the success of this listing.

Some unique features found in this office include a whiskey lounge with a bar, mini-fridge and comfortable living room furniture, bright and open collaborate workspaces for employees, and cozy lobby areas on both floors. Other office features include custom cabinetry, in-wall audio system, fully equipped kitchen, upgraded restrooms, expansive windows, polished concrete floors and exposed ceilings.

The office building is part of the Brenexus Office Edition business park. It is a two-story building, totaling 4,960 square feet of usable office space.

During the transaction, Russ Smith represented the owner. Kenneth Lago of Berkshire Hathaway Home Serves California represented the tenant.

To view available properties in the Irvine Spectrum click on the button below.