facebook
Traded Co logo
Submit a Deal
1311 Valencia Avenue
SOLD

KTI Hydraulics Acquires Industrial Property In Tustin From Stos Partners For $26.5M

1311 Valencia Avenue

Industrial
71,616 SF
clock iconSold 283 days ago
Steve Wagner
Xavier Nolasco
Nick Valasquez
+ 3
the dealplayerscompscontact
share iconContact now

Summary

Sale
CALIFORNIA
Industrial
71,616 sqft

Stos Partners has sold a high-tech manufacturing property located at 1311 Valencia Avenue in Tustin, California. The property, situated in Orange County's strong manufacturing market, was sold to KTI Hydraulics, Inc. for a price of $26.5 million. Stos Partners initially acquired the property in 2021 for $19.2 million and enhanced its value through capital improvements. The industrial asset spans approximately 71,616 square feet, resulting in a price per square foot of $370.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $26,500,000
  • Address: 1311 Valencia Avenue, Tustin
  • Market: Tustin
  • Seller: Stos Partners - CJ Stos, Jason Richards, Jay Boyle, Tanner Jansen & Travis Gorzeman
  • Buyer: KTI Hydraulics, Inc.
  • Seller's Representative: Nick Valasquez & Michael Hartel - Colliers; Ross Bourne - CBRE
  • Buyer's Representative: Xavier Nolasco & Steve Wagner - JLL
  • Square Footage: 71,616
  • Price per Square Foot: $370

The successful sale of this manufacturing property reflects its strategic location within Orange County's strong manufacturing market. Through capital improvements, Stos Partners enhanced the property's value, resulting in a transaction of $26.5 million with KTI Hydraulics, Inc.

Players

  • All

    8

  • Agents

    5

  • Agencies

    3

Steve Wagner's profile picture
Steve Wagner
JLL-image
$67.1M Sold
Xavier Nolasco's profile picture
$75.2M Sold
Nick Valasquez's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: Nick Valasquez, Michael Hartel, Xavier Nolasco, Steve Wagner & Ross Bourne DATE: 08/09/2023 ADDRESS: 1311 Valencia Avenue MARKET: Tustin ASSET TYPE: Industrial BUYER: KTI Hydraulics, Inc. SELLER: Stos Partners - CJ Stos, Jason Richards, Jay Boyle, Tanner Jansen & Travis Gorzeman BUYER'S REP: Xavier Nolasco & Steve Wagner - JLL SELLER'S REP: Nick Valasquez & Michael Hartel - Colliers; Ross Bourne - CBRE SALE PRICE: $26,500,000 SF: 71,616 ~ PPSF: $370 NOTE: Stos Partners has sold a high-tech manufacturing property in Tustin, California, to KTI Hydraulics for $26.5 million. The property's value was enhanced through capital improvements after Stos Partners acquired it for $19.2 million in 2021, with its strategic location in Orange County's strong manufacturing market contributing to the sale's success. -

View on map

Loading...

Address1311 Valencia Avenue

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want