Article: Colton buys City Center II for $12.3 million

More Management Moves at Irvine Co.; a Rent-Control Lesson

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Colton Capital paid $12.3 million to City Center Group for City Center II, a 95,470square-fool, four-story office building in Orange.

Chris Lalla and Chuck Noble of Lee & Associates' Orange office represented Colton and the seller in the sale of the building at 765 the City Drive.

Colton Capital is a real estate entity under the umbrella of The Colton Company, Irvine.

The Irvine Company may he a totally private operation once again, but the news keeps coming.,The latest involves some assignment changes in Richard Sim's Investment Properties division.

First, responsibilities for the Irvine Co.'s growing Silicon ...

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