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1201 E. McFadden Santa Ana, CA

The acquisition of this 32,480 SF building required the consolidation of the fee and ground leasehold interest, as well as the underwriting of an expiring building lease. The tenant refused to provide an estoppel and had substantial repair and refurbishment obligations. Barnard Ventures completed its original plan to re-pave all parking lots, replace fencing, refurbish the landscaping, repaint both interior and exterior, and remove a concrete Koi pond from inside the building. The property was then leased and is held as an investment by an affiliate of which Scott Barnard is the sole owner.

Size: 32,480 S.F Land: 2.1 Acres