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1/16/25
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Apnea Sciences purchased a 5.1k sf industrial building in the city of Irvine for $2.6 mil, or $510/sf. The property is located at 12 Mauchly, near the corner of Barranca Pkwy and Mauchly.
It offers immediate access to I-5 and I-405, and is minutes from the Irvine Spectrum Center with many restaurant and retail choices.
The single-story property features 3.5k sf of warehouse space, with one ground-level door and 16-foot clear height. The building also includes 1.6k sf of office area. Vacant at the time of the sale, Apnea Sciences will now occupy the property.
CBRE's Jeff Carr and Jonathan Carr represented the seller, a private family trust, in the transaction. Rob Johnston from Johnston Pacific repped Apnea Sciences. According to Carr, this was a reverse 1031 exchange on a prime industrial building in the heart of the Irvine Spectrum.
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