MIG Real Estate Acquires Mission Viejo Industrial Park For $33.3M

Cushman & Wakefield has brokered the sale of Mission Viejo Business Center, a 100,295-square-foot industrial park located at 23811-23891 Via Fabricante in Mission Viejo, Orange County, California. The property was sold to MIG Real Estate for a total price of $33,300,000, resulting in a price per square foot of $332. The industrial park offers attractive value-add potential in a sought-after Orange County submarket, with convenient access to major highways and airports.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $33,300,000
• Square Footage: 100,295
• Address: 23811-23891 Via Fabricante, Mission Viejo, Orange County, California
• Market: Mission Viejo

The buyer, MIG Real Estate, was represented by their founder, Greg Merage. The sale was facilitated by a team of brokers from Cushman & Wakefield, including Bryce Aberg, Jeff Chiate, Jeffrey Cole, Mike Adey, Rick Ellison, and Zachary Harman. This transaction highlights the strong demand for industrial properties in Orange County, particularly in Mission Viejo, and demonstrates the confidence of investors in the market.