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2323 Main Street

Updated Aug 27, 2026

Bilt advertisement
Robinson Pharma Acquires Industrial Building In Irvine For $75 Million
SOLDIndustrial

Robinson Pharma Acquires Industrial Building In Irvine For $75 Million

2323 Main Street

$75,000,000

$284/SF

Building Size

263,988 SF

Asset Type

Industrial

Closing

Aug 13, 2026

About this deal

AI

Robinson Pharma has acquired an industrial building located at 2323 Main Street in Irvine, California. The purchase price for the property was $75 million, and it spans approximately 263,988 square feet, translating to a price per square foot of $284. This acquisition marks the establishment of Robinson Pharma's 10th warehouse and production facility, aimed at expanding its operational capacity.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $75,000,000
  • Buyer: Tuong Nguyen
  • Agency: Robinson Pharma
  • Address: 2323 Main Street
  • Market: Irvine, CA
  • Square Footage: 263,988
  • Price Per Square Foot: $284

Tuong Nguyen represented Robinson Pharma in this transaction, facilitating the acquisition of the property to meet the growing demand for nutraceutical products. The deal highlights the strategic move to bolster Robinson Pharma's infrastructure in the industry.

Players

Tuong Nguyen

Robinson Pharma, Inc.

Buyer

$75M

vol

1 deal

Buyer

Irvine Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $284 per square foot on a published $75M for 263,988 square feet (2026).

Visit Robinson Pharma, Inc. to view all their deals.

Browse Irvine industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.21%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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