Cruzan Buys Lakehills Corporate Park in Laguna Hills for $40M

LAGUNA HILLS, CALIF. — Cruzan has purchased Lakehills Corporate Park, a 223,467-square-foot office campus in Laguna Hills, for $40 million. The park is located at 23332-23422 Mill Creek Drive and 24411-24461 Ridge Route Drive.

This is Cruzan’s first Orange County purchase. The company will redevelop Lakehills into a modern office campus.

CBRE’s Kevin Shannon, Paul Jones, Bob Smith and Blake Bokosky represented the seller, AEW Capital Management. AEW sold the property on behalf of one of its separate account clients.