Mosaic Industrial Acquires Industrial Asset In Laguna Hills For $34.5 Million

The property involved in the transaction is an industrial asset located at 23042 Alcalde Drive in the Laguna Hills market. The sale was completed for a price of $34,500,000, with a total square footage of 94,257 square feet, resulting in a price per square foot of $366.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $34,500,000
• Sale Date: 01/13/2026
• Buyer: Mosaic Industrial
• Buyer Representatives: Josh Honig, Eyal Greenberg, and Jared Rechnitz - Greenmont Group; Mark Heavey and Phil Linton - C3 Development Group
• Broker: John Collins - Lee & Associates

Mosaic Industrial is a newly formed joint venture between Greenmont Group and C3 Development Group that focuses on acquiring small bay industrial assets across the Western United States. The completed acquisition marks Mosaic Industrial's second transaction and is a significant step in the expansion of its platform, which is actively seeking additional properties of a minimum size of 50,000 square feet in the region.