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.