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2/05/20
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A 32.4k sf industrial building in Tustin sold for $8.5 mil ($262/sf). The property was purchased by Irvine-based CP Technologies, who will use this property as an expansion of their distribution and manufacturing business of fiber optic & copper cables and accessories for the computer and telecom industry.
Mike Bouma with Voit Real Estate Services represented the buyer. The seller, JAM Investments, was repped by Ross Fippinger and Ross Bourne of CBRE. According to Bouma, the prior owner had made many upgrades and high-end improvements to the turn-key, corp HQ facility.
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