Stream Realty Tapped to Lease Orange County Office Campus

HERE @ Laguna Hills last changed hands in 2022. Image courtesy of Stream Realty Partners

Kingsbarn Realty Capital, in a partnership with The Kelemen Co., has appointed Stream Realty Partners as exclusive leasing agent of a five-building office campus totaling 225,000 square feet in Laguna Hills, Calif. The partnership picked up HERE @ Laguna Hills in 2022 from sellers Cigna Realty Investors and Cruzan, in a $63.8 million deal.

Stream Realty Partners’ team of Managing Director Mike Adams, Vice President Peter Joyce, and Senior Associate Morgan Adams will be marketing the creative office property. The team will replace the prior brokers from CBRE, CommercialEdge data shows.

The office complex consists of:

• A 50,592-square-foot building at 23332 Mill Creek Drive
• A 50,053-square-foot building at 23382 Mill Creek Drive
• A 51,391-square-foot building at 23422 Mill Creek Drive
• Two buildings totaling 68,431 square feet at 24411 and 24461 Ridge Route Drive.

HERE @ Laguna Hills’ current tenant roster includes Centercode Inc., American Capital Group, Envision Capital Management, Full Spectrum Search Group and PJHM Architects, the same source shows.

Amenities at the Class A campus

Built between 1987 and 1989, the Class A office campus features tenant amenities such as an outdoor lounge, a fitness center with showers and lockers, as well as coffee shops. Additionally, HERE @ Laguna Hills also includes 894 total parking spots and prime signage capabilities. The ownership implemented multiple cosmetic renovations and improvements in 2015, CommercialEdge data shows.

Situated on approximately 16 acres close to Interstate 5 and multiple bus stations, the campus is 10 miles from Orange County, 11 miles from John Wayne Airport and within 49 miles of Los Angeles.

Earlier in June, Stream Realty Partners was appointed as exclusive leasing agent for an office tower in Chicago’s West Loop. AEW Capital Management appointed the brokerage to market 525 W. Van Buren St., a 521,604-square-foot Class A office building.