LEASE MONETIZATION
4220 VON KARMAN, NEWPORT BEACH, CA
SITUATION
Redwood West identified a prominent 27,507 SF office building in the heart of Newport Beach that met the required parameters for its customer.
ACTION
Brought in a strong capital partner that was already heavily invested in Newport Beach to close on the property and negotiated a favorable lease and equity position for it’s customer.
RESULTS
Within one year of ownership, Redwood West leased the balance of the property, creating long term stable cash flow for all investors.