29995 Technology Dr | Silverhawk Professional Offices

Reverse 1031 Exchange Purchase | The Silver Hawk Office Condos | Buyer Representation by Seaway Commercial

Seaway Commercial Real Estate Advisors successfully represented a private buyer in the acquisition of a ±1,460 SF office condo within The Silver Hawk Office Condos in Murrieta, California. The transaction involved a reverse 1031 exchange and closed with a tenant-occupied investment unit in a well-maintained, multi-tenant professional complex.

The buyer acquired the asset as a long-term investment, leveraging the property’s stabilized income stream and strong regional fundamentals in Murrieta’s growing office market.

Deal Summary

Address: The Silver Hawk Office Condos, Murrieta, CA
Buyer: Private Investor
Seller: Private Party
Representation: Seaway Commercial (Buyer Rep)
Square Footage: ±1,460 SF
Property Type: Multi-tenant office condo
Occupancy: Tenant-occupied at closing
Cap Rate: 5.25% – 6.00%
Transaction Type: Reverse 1031 Exchange
Closing Date: Q4 2025

Investment Profile

• Stabilized, income-producing office condo within a professionally managed complex

• Positioned for passive, low-maintenance ownership with existing tenancy in place

• Reverse 1031 structure enabled the buyer to efficiently redeploy capital while maintaining tax deferral

• Asset selected for location strength, professional tenant mix, and predictable yield in a constrained office supply market

Brokerage Value Delivered

• Structured and executed a reverse 1031 exchange to preserve tax advantages

• Coordinated directly with accommodators and escrow for seamless execution

• Delivered a fully leased, income-generating acquisition with immediate cash flow

• Represented buyer interests from initial underwriting through close of escrow

FAQs

1. What is a reverse 1031 exchange?
A reverse 1031 exchange lets investors buy their replacement property first and then sell their current property later — a strategy that preserves tax-deferred benefits under IRS Section 1031 while avoiding the pressure of the traditional 45-day identification window.

2. What type of property was purchased?
A ±1,460 SF professional office condo in The Silver Hawk Office Condos — fully leased to a stable tenant within a multi-tenant office complex.

3. Why was this structure used?
The buyer wanted to secure a high-quality replacement asset before listing their existing property for sale, ensuring continuity of income and full 1031 compliance.

4. Why Murrieta?
Murrieta continues to attract professional office users seeking modern space near major corridors like the I-215. The market’s low vacancy, strong demographics, and stable rent base make it ideal for long-term hold investors.