NEWPORT BEACH, CALIF. — Buchanan Street Partners has sold a two-building, 42,697-square-foot office property to a private Newport Beach real estate firm for $20.4 million. Buchanan purchased the offices in 2020 for $11.5 million. Located at 1400 and 1420 Bristol St. N., the property was 22 percent leased at the...

A private Newport Beach, CA real estate firm has acquired a two-building, 43,000-square-foot office property from Buchanan Street Partners for $20.4 million. Located at 1400 Bristol Street North and built in 1970, the asset was 22% leased at the time of sale. Buchanan Street purchased the property in 2020 for...