KTI Hydraulics Acquires Industrial Property In Tustin For $26.5M

A industrial property located at 1311 Valencia Avenue in Tustin has been sold in a recent transaction. The property spans a total area of 71,616 square feet, with a price per square foot of $370. The sale took place on 08/08/2023, and the transaction amount was $26,500,000.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $26,500,000
• Address: 1311 Valencia Avenue, Tustin
• Square Feet: 71,616
• Price Per Square Foot: $370

The buyer in this transaction is KTI Hydraulics, Inc., while the seller is Stos Partners. Xavier Nolasco and Steve Wagner from JLL represented the buyer, while Nick Valasquez and Michael Hartel from Colliers, along with Ross Bourne from CBRE, represented the seller.