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12/28/23
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E&N Highpoint LLC has acquired a two-story, 6.2k sf flex/R&D building in Irvine for $3.21 mil ($518/sf). Built in 2007, the building is located at 16150 Scientific Way, in the heart of the Irvine Spectrum submarket.
The property provides excellent access to the 5, 405, and 133 freeways. The building features an extensive use of glass, high exposed ceilings and open floor plans. It also offers building top signage and abundant parking.
The buyer, an international apparel company, will be using the building for its US corporate headquarters, research & development, and design.
JLL’s Xavier Nolasco represented the seller, Ateck Holding LLC. The buyer was repped by Voit Commercial.
“We continue to see owner-user interest in flex buildings in Orange County,” said Nolasco. “16150 Scientific Way provided the buyer with the opportunity to own and occupy their real estate for their business.”
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