MGR Property Management is proud to announce the acquisition of the creative office campus, Canvas, in Costa Mesa for $91.5M. Canvas is comprised of 553,530 SF across five buildings on a 11.3-acre property. The buildings consist of multi-tenant creative office space along the I-405 freeway and across from the South Coast Plaza shopping mall.
This district has an extensive selection of Class A office building, but Canvas provides a unique campus of local art installations, lounges, outdoor work spaces, Wi-Fi, and more.
“This acquisition signifies an impactful entrance in the Orange County office market,” Michael Rademaker, CEO of MGR Property Management, stated, “This office is unique because it addresses the evolving needs of the office work space. It provides space for collaboration, indoor and outdoor spaces, artistic interpretations, and a more wholistic work environment.”
MGR Property Management has immediately assumed management and is actively coordinating with tenants, vendors, and potential lessors to provide the highest level of service to the property.