These two trophy five-story buildings are fully leased to semiconductor and infrastructure software company Broadcom until 2037. One of the world’s largest designers, developers and manufacturers of such products, their 2019 revenues exceeded $22 billion. Orange County is one of the nation’s most sought-after live–work locations, and this corporate headquarters is ideally located in the Irvine Spectrum Corridor — at the point where I-405 and I-5 converge — in the Five Point Gateway Campus. Adjacent to City of Hope’s new cancer research facility and hospital project, it’s surrounded by more than 10,500 dwelling units, 120 retailers and 40 restaurants in the Great Park Neighborhoods. This project has an absolute NNN lease with very limited landlord capex exposure.