July 12, 2018
Houston-based Hines, along with funds managed by Oaktree Capital Management, L.P., acquired the Beckman Coulter Campus in Brea, CA. The 34-acre mixed-use campus is 100% leased by the biomedical device producer.
The five-building office and industrial/logistics campus, totaling 576,234 square feet, has served as Beckman’s headquarters since the original construction in 1979/1984. The facilities are highly specialized to support key R&D, manufacturing, and product training initiatives. The campus sits on Kraemer Boulevard, just off Imperial Highway east of Highway 57.
Since 2010, Hines and Oaktree have jointly acquired more than 30 properties on the West Coast. This transaction marks the 10th acquisition for Hines and Oaktree in the North Orange County submarket alone.
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