The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
December 16, 2018
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC...
Printer-friendly Version   Email an Associate
Irvine Industrial Property Fetches $27.5 Mil

10/01/18

Von Karman Industrial Park, a 104.7k sf industrial facility in Irvine, was acquired by a private investor for $27.45 mil ($262/sf).

Built in 1979, Von Karman Industrial Park was renovated in 2012 and has a current occupancy rate of 100%. It is located at 16902 and 16912 Von Karman Ave, east of the 55 Fwy between I-5 and I-405.

Ryan Swanson, Kurt Bruggeman and Philip Cohen of the Irvine office of Lee & Associates represented the seller in the transaction. The buyer represented themselves.

“When the bidding was opened, we received more than 20 offers and 150 confidentiality agreements that were signed,” said Swanson, noting that the deal had a cap rate of 4.75%.






Return to the Archive page
 
 
 
 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2018 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media