Large Office Property in Anaheim Sold for $15.15 Million: A Closer Look

Anaheim, California, continues to be a focal point for commercial real estate investment, as underscored by the recent sale of a 69,032-square-foot office building at 2300 East Katella Avenue. CBRE facilitated the transaction on March 18, 2026, with the property acquired by an undisclosed buyer for a notable price of $15.15 million. This sale highlights Anaheim’s robust real estate market, characterized by a mix of strategic location and diverse economic drivers.

Key Features of the Office Property

The office property is situated in the vibrant Platinum Triangle, a hub in Anaheim known for its mix of commercial, entertainment, and residential offerings. The four-story building, constructed of steel and glass, boasts a prime location on a highly visible corner lot directly across from Angel Stadium. This advantageous positioning places it near other key attractions, including the Honda Center and the emerging OC Vibe. The property is well-leased, providing diversified in-place income with a strategically staggered rollover schedule.

Investor Appeal and Market Dynamics

According to Anthony DeLorenzo, Vice Chairman at CBRE, the Platinum Triangle remains a hotbed of investor interest due to its strong central location, excellent transportation access, and proximity to major entertainment and employment hotspots in Orange County. The property is not just a functional space; it also represents an investment opportunity with diversified cash flow and potential for future value enhancement through lease-up strategies.

Economic Drivers in Anaheim and Orange County

The economic climate in Anaheim and the surrounding Orange County area continues to thrive, reinforced by several major projects and developments. Notably, the multi-billion-dollar OC Vibe, as well as the ongoing expansion of the Disneyland Resort, are key economic drivers fueling demand for commercial real estate. These projects promise to enhance the lifestyle and economic opportunities in the area, making it an even more attractive site for commercial investments.

CBRE’s Role in the Transaction

The successful sale was managed by CBRE’s expert team, including Anthony DeLorenzo, Sammy Cemo, and Bryan Johnson, who represented the institutional seller throughout the transaction. CBRE is recognized for its comprehensive services in commercial real estate, ranging from leasing and sales to property management and investment. With a presence in over 100 countries and a force of more than 155,000 employees, CBRE continues to solidify its position as a leading global player in the commercial real estate market.

Conclusion: A Promising Future

In summary, the recent sale of the office property in Anaheim not only underscores the area’s investment potential but also highlights the strategic value of the Platinum Triangle as a commercial hub. With ongoing developments and strong market fundamentals, Anaheim is poised for continued growth and stability in the real estate sector. For prospective investors, the opportunity to engage with properties in this region is becoming increasingly appealing.

For more information on commercial real estate trends and investment opportunities, visit CBRE Group, Inc..

The post “69,000 SQFT Office Property in Anaheim Trades for $15.15MM” originally appeared on The Registry Southern California Real Estate News.