City Tower

333 City Blvd W, Orange, CA 92868

SOLD

Property Overview

City Tower is a landmark 20-story, office property positioned in the heart of Orange, California. This trophy tower is ideally located with direct access to the “Orange Crush” freeways and is within close driving radius of the John Wayne Airport, Angel Stadium of Anaheim, and Disneyland. Situated within walking distance to City Tower is The Outlets at Orange, a vibrant and recently rebranded shopping center offering tenants over 114 retailers, a variety of themed restaurants, express eateries, gourmet coffee shops, and a mega-movie complex. 

 An architectural gem, this Class A high-rise features an elegant lobby with superb finishes throughout, and is surrounded by lush landscaping creating a serene setting for tenants and visitors alike. Property features include a six-level parking structure with an abundance of visitor surface parking, a conference room facility, dual elevator banks, on-site ATM, full-service car detailing and a dedicated café designed to efficiently serve tenants with the best in culinary delights. The building is proud to be awarded the Energy Star label since 2008 for its operating efficiency, and is currently undergoing upgrades to the energy management and HVAC systems to further enhance building efficiency. City Tower is home to many select tenants, including Travelers, Roth Staffing, Dun & Bradstreet and various departments of the UCI Medical Center. The DoubleTree by Hilton Hotel is directly adjacent to the property, and is focused on catering to the business traveler.

Investment at a Glance

  • LOCATION: Orange, CA
  • PROPERTY TYPE: Class A Office
  • ACQUISITION DATE: March 6, 2018
  • PURCHASE PRICE: $147,250,000
  • SALE DATE: July 27, 2021
  • SALE PRICE: $150,500,000
  • TOTAL RENTABLE AREA: 435,177 SF
  • SQUARE FOOTAGE: 435,000 SF
  • NUMBER OF BUILDINGS: 1
  • LEASED PERCENTAGE (AT THE TIME OF ACQUISITION): 78%
  • LEASED PERCENTAGE (AT THE TIME OF SALE): 90%

$147,250,000

Total Purchase Price

435,177

square feet

Total Rentable Area

Class A

Building Class