Our Investments
Investments Selected with Precision to perform with power
Irvine Plaza
7040 Scholarship
Irvine, CA
Irvine, CA
Type: Specialty
Size: 2,060 sq. ft.
Built: 2006
Investment Date: April 2009
Strategy: Core / Core Plus
Irvine Plaza is a 2,060 sf retail/office condominium located in the street-level space of a high-rise residential community known as The Plaza in Orange County, CA. The property was acquired because it maintains rights to transferable development entitlements defined as Development Intensive Values (DIVs) and commonly referred to as "trips." These "trips" are marketable to owners of commercial property within the Irvine Business Center that wish to develop their sites but need an off-set to the traffic impact the new development has on local infrastructure.