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4000 MacArthur BlvdNewport Beach, CA 92660
4000 MacArthur
Asset ClassOffice
overview of deal

Overview

JLL, as exclusive advisor, is pleased to present the outstanding opportunity to acquire

4000 MacArthur located in Newport Beach, CA. 4000 MacArthur, (the “Property”), is a

Class-A institutional quality office campus totaling 385,141 SF. The Property will be 92%

leased, and represents a compelling opportunity to acquire one of the last available office

buildings in Newport Beach, with significant potential to capitalize on accelerating market

fundamentals.

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Investment Highlights

Best-in-Class Product

  • Over the past 20 years, 4000 MacArthur has been institutionally owned and maintained by high quality owners including Tishman Speyer, Hines, Oaktree Capital, Goldman Sachs, and MetLife.

Stable, Credit-Quality Tenant Base

  • Anchored by MACOM (17% of rent roll) who has been with the property for 16 years, and Anduril (30% of Rent Roll), Investors are presented with the opportunity to purchase assured cashflow with 4.7 years of WALT.

Spillover Demand from Fashion Island

  • Fashion Island’s office market is 97% occupied with dominant landlords pushing rents ~30%. 4000 MacArthur is actively capturing the demand due to its high quality image, accessibility, and physical proximity.

Severe Supply Constraints

  • Only 6 full floors vacancies remain in the competitive set against 2.35M SF of projected tenant demand from redevelopment in the submarket & competitive rollover, creating significant mark-to-market rent upside.

Leasing Momentum At The Asset

  • Proven leasing velocity over the last 18 months through ~250k SF of new leasing. With limited availability and over 500k SF of active requirements in the Airport Area, new ownership can capitalize on a competitive tenant landscape in what is now a landlords market.
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4000 MacArthur BlvdNewport Beach, CA 92660

Sales Team

Michael LeggettSenior Managing Director

License #: 01056334

(415) 317-3224michael.leggett@jll.com
Will PoulsenSenior Director

License #: 02043184

(626) 524-1442william.poulsen@jll.com
Andrew Harper Managing Director

License #: 01319640

(310)498-8498andrew.harper@jll.com
Tim DonaldDirector

License #: 02187666

(949) 922-0364tim.donald@jll.com
Jeff BramsonSenior Managing Director

License #: 02173278

(310) 207-2122jeffrey.bramson@jll.com

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