CBRE has arranged the sale of Commons at Valencia, a two-building Class A office campus in Valencia, for a reported $32 million. The property, located at 25124 and 25152 Springfield Court, was acquired by Strauss Investments LLC from Harbor Associates. Commons at Valencia encompasses approximately 157,189 square feet across two three-story office buildings, positioning it as a sizable institutional-quality asset within its local office market.
The CBRE investment sales team of Mark Shaffer, Anthony DeLorenzo, Sean Sullivan and Gerard Poutier represented Harbor Associates in the transaction. According to Shaffer, the asset drew substantial interest from investors, driven by its existing tenant roster, recent capital improvements and its location in what is described as one of Southern California’s premier suburban office markets. He added that leasing momentum at the campus, combined with anticipated long-term growth prospects within the Valencia submarket, contributed to the appeal of the opportunity for Strauss Investments.
Originally completed in 2005, Commons at Valencia consists of two modern office buildings supported by a dedicated parking structure. The two-story parking facility provides 625 parking spaces for tenants and visitors, offering a parking ratio that aligns with contemporary suburban office requirements. The campus layout and parking infrastructure are designed to support multi-tenant professional occupancy.
At the time of sale, the complex was 79% leased to a mix of professional services, insurance, financial services and real estate firms. This tenant diversification provided a measure of income stability and reflected the broader demand profile for office space in the area. The combination of Class A improvements, in-place occupancy and ongoing leasing activity was cited as a key factor behind the level of buyer interest and the ultimate transaction outcome.
The sale of Commons at Valencia illustrates continued capital allocation toward well-leased, amenitized suburban office properties where ownership has recently invested in improvements. For Harbor Associates, the disposition marks a realization of its business plan at the asset, while Strauss Investments adds a multi-tenant office campus with embedded leasing momentum and an established rent roll to its portfolio. CBRE’s role in arranging the transaction underscores the continued involvement of national brokerage platforms in marketing and executing institutional-scale office trades in select submarkets.
