{"id":1157,"date":"2017-05-08T09:04:44","date_gmt":"2017-05-08T16:04:44","guid":{"rendered":"https:\/\/www.lee-associates.com\/orange\/?p=1157"},"modified":"2017-05-16T09:39:18","modified_gmt":"2017-05-16T16:39:18","slug":"orangewood-business-plaza-sold-for-8-5-million","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/orange\/orangewood-business-plaza-sold-for-8-5-million\/","title":{"rendered":"Orangewood Business Plaza Sold for $8.5 Million"},"content":{"rendered":"<p><u>Jim Hawkins and Phil Fridd of Lee &amp; Associates Orange represents buyer and seller.<\/u><\/p>\n<p><strong>ORANGE, Calif. &#8211; May 8, 2017<\/strong> &#8211;\u00a0The 50,462-square-foot Orangewood Business Plaza was purchased for $8.5 million.<\/p>\n<p>The industrial\/office park, which is located at 1717-1745 Orangewood Ave., was purchased by Orange Multi, FAEC, LLC. Jim Hawkins of <a href=\"https:\/\/www.lee-associates.com\/orange\/\" target=\"_blank\" rel=\"noopener noreferrer\">Lee &amp; Associates Orange<\/a> represented the buyer, and Phil Fridd, also of Lee\u2019s Orange office, represented the seller, Orangewood Business Plaza.<\/p>\n<p>\u201cThe buyer saw the Orangewood Business Plaza as an opportunity to re-position a very well located property which is in need of refurbishment. Managing Partner Jim Young will manage the project, which he feels will take about two years to complete,\u201d said Hawkins. The 30-unit Orangewood Business Plaza was built in 1977 and is 100% occupied.<\/p>\n<p>##<\/p>\n<p><strong>About Lee &amp; Associates Orange<\/strong><\/p>\n<p>Lee &amp; Associates Orange provides the commercial real estate user, owner and developer with real solutions to their business and operational space requirements.\u00a0 Lee Orange has 45 plus CRE professionals practiced in selling and leasing of industrial, office, flex, retail, land, medical and research &amp; development properties.\u00a0 Since 1983, we have assisted clients throughout Southern California with a focus on Orange County, Western Riverside County and the Mid-Counties area of Los Angeles. For the latest news from Lee &amp; Associates Orange, visit <a href=\"http:\/\/www.leeassociatesorange.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Lee &amp; Associates Orange<\/a> or follow us on <a href=\"https:\/\/www.facebook.com\/LeeAssociates\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a>, <a href=\"https:\/\/www.linkedin.com\/company\/lee&amp;associates%E2%80%93orange\" target=\"_blank\" rel=\"noopener noreferrer\">LinkedIn<\/a>, <a href=\"https:\/\/plus.google.com\/b\/109324272392101951996\/+LeeAssociatesOrange\" target=\"_blank\" rel=\"noopener noreferrer\">Google+<\/a> and <a href=\"https:\/\/twitter.com\/LeeAssocOrange\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jim Hawkins and Phil Fridd of Lee &amp; Associates Orange represents buyer and seller. ORANGE, Calif. &#8211; May 8, 2017&#8230;<span class=\"readmore\"><a class=\"moretag\" href=\"https:\/\/www.lee-associates.com\/orange\/orangewood-business-plaza-sold-for-8-5-million\/\">+<\/a><\/span><\/p>\n","protected":false},"author":28,"featured_media":1159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,5],"tags":[17,19,18,20,24,23,27,45],"class_list":["post-1157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lee-orange-exclusive","category-press-releases","tag-commercial-real-estate","tag-cre","tag-industrial","tag-leeassocorange","tag-news-release","tag-office","tag-orange-county","tag-orangewood-business-plaza"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.7 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Orangewood Business Plaza Sold for $8.5 Mil<\/title>\n<meta name=\"description\" content=\"The 50,462-square-foot Orangewood Business Plaza was purchased for $8.5 million. 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Jim Hawkins of Lee &amp; Associates Orange represented the buyer, and Phil Fridd, also of Lee\u2019s Orange office, represented the seller, Orangewood Business Plaza.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/orange\/orangewood-business-plaza-sold-for-8-5-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Lee &amp; Associates Orange\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LeeAssociates\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-08T16:04:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-05-16T16:39:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lee-associates.com\/orange\/wp-content\/uploads\/sites\/23\/2017\/05\/1745-W-Orangewood-PR-e1494259399387.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"420\" \/>\n\t<meta property=\"og:image:height\" content=\"286\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"orangeinc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Orangewood Business Plaza Sold for $8.5 Million\" \/>\n<meta name=\"twitter:creator\" content=\"@LeeAssocOrange\" \/>\n<meta name=\"twitter:site\" content=\"@LeeAssocOrange\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"orangeinc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/orangewood-business-plaza-sold-for-8-5-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/orangewood-business-plaza-sold-for-8-5-million\\\/\"},\"author\":{\"name\":\"orangeinc\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/#\\\/schema\\\/person\\\/d4b5e135f8b5c37dc3b1475dc5e1c8fc\"},\"headline\":\"Orangewood Business Plaza Sold for $8.5 Million\",\"datePublished\":\"2017-05-08T16:04:44+00:00\",\"dateModified\":\"2017-05-16T16:39:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/orangewood-business-plaza-sold-for-8-5-million\\\/\"},\"wordCount\":229,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/orangewood-business-plaza-sold-for-8-5-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/wp-content\\\/uploads\\\/sites\\\/23\\\/2017\\\/05\\\/1745-W-Orangewood-PR-e1494259399387.jpg\",\"keywords\":[\"Commercial Real Estate\",\"CRE\",\"Industrial\",\"LeeAssocOrange\",\"News Release\",\"Office\",\"Orange County\",\"Orangewood Business Plaza\"],\"articleSection\":[\"Lee Orange Exclusive\",\"Press Releases\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/orangewood-business-plaza-sold-for-8-5-million\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/orangewood-business-plaza-sold-for-8-5-million\\\/\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/orangewood-business-plaza-sold-for-8-5-million\\\/\",\"name\":\"Orangewood Business Plaza Sold for $8.5 Mil\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/orangewood-business-plaza-sold-for-8-5-million\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/orangewood-business-plaza-sold-for-8-5-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/orange\\\/wp-content\\\/uploads\\\/sites\\\/23\\\/2017\\\/05\\\/1745-W-Orangewood-PR-e1494259399387.jpg\",\"datePublished\":\"2017-05-08T16:04:44+00:00\",\"dateModified\":\"2017-05-16T16:39:18+00:00\",\"description\":\"The 50,462-square-foot Orangewood Business Plaza was purchased for $8.5 million. 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