Main & Redhill Business Center in Irvine Sells for $44.8M

by Nellie Day

IRVINE, CALIF. — Olen Properties Corp. has acquired Main & Redhill Business Center, a 203,946-square-foot, low-rise office campus in Irvine, for $44.8 million. The 15-building campus is situated on 17 acres adjacent to the Interstate 405/State Route 55 Freeway interchange in Orange County’s airport area submarket. It is 97 percent leased. HFF’s Ryan Gallagher, Mike McCann, Tim Geiman and Derreck Barker represented the seller, a global real estate investment management firm, in this transaction.

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