Today Cushman & Wakefield released the offering for sale of the Bank of America Campus, a 100% net-leased corporate office campus totaling 637,503 square feet. The building is situated on 31.6 acres in the city of Brea in Orange County, California.
The property, located at 275 Valencia Avenue is 100% leased to Bank of America, the original occupant of the property, with nine years remaining on the lease. It currently serves as an operations facility for Bank of America, one of the world’s largest financial institutions.
The property is the largest single non-owner user office building in Orange County. It is designed as a headquarters with executive offices, administration area and call center space. Common areas include a full-service café and dining areas equipped with Wi-Fi and other amenities.
“This campus is a critical “core facility” for Bank of America located in a submarket that is poised for significant rental rate increases and is experiencing tremendous new commercial and residential development,” said Jeffrey Cole, Executive Director with Cushman & Wakefield.
Located six miles north of Anaheim and 20 miles south of Los Angeles, the Bank of America Campus is only two miles from State Route 57, providing access to a broad labor pool from Los Angeles, Orange County and the Inland Empire.
For more information on this investment opportunity, please contact Jeffrey Cole, Rick Kaplan, Ed Hernandez or Robert Lambert of Cushman & Wakefield at 949-474-4004.