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7/07/26
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Borstein Enterprises has acquired Barranca Business Park, a 13-building industrial business park totaling 282k sf of space on 16.2 acres of land in Irvine. The price was not immediately disclosed.
Located at 15281-15339 Barranca Pkwy, just east of I-5, the mid-bay industrial park offers diverse unit sizes ranging from 8.5k sf to 30.5k sf. With a current occupancy of 87%, the investment provides a diversified rent roll, substantial immediate income, and future upside through leasing.
Situated in the heart of the Irvine Spectrum, the property benefits from proximity to major freeways, including the I-5 and I-405, providing direct access to the greater Orange County region and beyond.
The Cushman & Wakefield team of Jeff Chiate, Rick Ellison, Matt Leupold and Aubrie Monahan brokered the deal and represented both the buyer and Northwestern Mutual, the seller, in the transaction.
“This transaction underscores the continued demand for high-quality industrial assets in core Orange County locations,” said Leupold. “With its institutional-quality construction, strong in-place tenancy and excellent access to major transportation corridors, this park offered a compelling combination of stability and upside for investors seeking secure cash flow and long-term value.”
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