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.
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.
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