Alere Property Group Acquires Industrial Site In Tustin From SENTRE For $11.4M

The industrial property located at 15201 Woodlawn Ave in Tustin, CA, 92780, with a total square footage of 56,190 was sold for $11,400,000.00. The asset is situated in the Tustin market, near John Wayne airport, and within close proximity to major highways and downtown areas.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $11,400,000.00
• Market: Tustin
• Seller: SENTRE
• Buyer: Alere Property Group
• Seller's Representative: Scott Read (Newmark)
• Square Footage: 56,190
• Asset Address: 15201 Woodlawn Ave, Tustin, CA, 92780

Newmark Knight Frank’s Executive Managing Director Scott Read acted as the seller's representative in the transaction, facilitating the sale of the industrial property to Alere Property Group. The buyer, Alere Property Group, acquired the asset for $11.4 million, expanding its portfolio in the Tustin market.