West Capital Lending Acquires 104,375 SF Office Building in Irvine, California for $23.7M

by Amy Works

IRVINE, CALIF. — West Capital Lending has purchased 17911 Von Karman Avenue, a five-story Class A office building in Irvine’s Concourse submarket. John Hancock Insurance sold the asset for $23.7 million. West Capital Lending will occupy approximately half of the 104,375-square-foot building for its corporate headquarters. Two additional tenants will continue to occupy the first and second floors of the asset. Jay Nugent and Scott Read of Newmark represented the buyer in the deal.

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