Office Building Acquired by West Capital Lending — Real Estate M&A

West Capital Lending has completed the acquisition of 17911 Von Karman Avenue office building, a real estate services other business in California, for $23.75M. The 104,375-square-foot, five-story Class A office asset is located in Irvine’s Irvine Concourse submarket and supports an owner-user headquarters plan. West Capital Lending acquisitions are designed to establish a new corporate HQ across roughly half the building, while remaining tenants continue to occupy the first and second floors. The real estate services M&A transaction is a platform acquisition backed by a private equity acquisition strategy, with Newmark serving as advisor.