1301 Dove

Newport Beach, CA

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Address:

1301 Dove Street

Market:

Orange County, CA

Building Size:

214898

Asset Class:

Multi-Tenant Office

Date Acquired:

November 2021

Status:

Operating


Property Description

1301 Dove is comprised of a ten-story office tower totaling 214,898 rentable square feet with views of the Pacific Ocean and surrounding areas in Orange County.  The total site is 6.46 acres, has 734 parking spaces with building top signage availability, and has a coveted Newport Beach address.  The Property is one of only six Class A office buildings over 150,000 square feet in Newport Beach not held by a long-term owner.  The Property has recently undergone an extensive $11.5 million capital enhancement program that included a complete lobby renovation, tenant lounge/conference center implementation, and upper floor common area renovations.  The Property was thoughtfully repositioned with state-of-the-art improvements that includes EV charging stations, elevator cab upgrades, expansive indoor/outdoor common areas, and various site improvements to attract a top-tier tenant base.  The  plan is to finish out the scope of the capital improvements to further enhance the lobby, add a fitness center, complete common area renovations, and activate 8,000 square feet of existing outdoor patio space.

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