CB Richard Ellis arranged the sale of a 197,817-square-foot office building in South Coast Metro, Calif.

The value of the transaction was not disclosed.

The property, 3 Hutton Centre, is a class A, 10-story office building with an adjacent six-story parking garage. Prominently positioned within Orange County’s Greater Airport Area, 3 Hutton Centre is situated within Hutton Centre, a 43-acre, master-planned commercial development surrounding a three-acre lake.

CB Richard Ellis Investors sold the property to Teachers Insurance and Annuity Association – College Retirement Equities Fund (TIAA-CREF).

Robert Smith, Michael Kane and Jeff Morgan of CB Richard Ellis’ Newport Beach office, along with John Weiner of CBRE’s Irvine office, represented the seller.

Los Angeles, CB Richard Ellis is a commercial real estate services company. CB Richard Ellis Investors LLC is a real estate investment management company.

***

Send a Letter to the Editor for publication.
Send a comment or news tip to our newsroom.
Please include the headline of the story.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Network with CoStar, Redfin, Realogy, SERHANT., Divvy, and thousands more in-person at ICLV this October. Prices go up Sunday.Register Now×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription