Private Investor Purchases Industrial Property In Costa Mesa For $1.5M

The property asset involved in the transaction is an industrial property located at 789 W 20th St, Costa Mesa, CA, 92627. The asset was built in 1961 and features a total of 5,228 square feet of industrial space. The property was sold for a transaction amount of $1,500,000.00 and is situated within the Costa Mesa market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,500,000.00
• Address: 789 W 20th St, Costa Mesa, CA, 92627
• Square Footage: 5,228
• Buyer: Private Investor
• Seller: Unknown
• Buyer's Representative: Thomas (Tom) Chichester, Joseph Chichester, Matt Brooks of Faris Lee Investments
• Seller's Representative: Lee & Associates

This transaction highlights the efforts of Faris Lee Investments in facilitating the acquisition. The team comprised of Thomas Chichester, Joseph Chichester, and Matt Brooks played a crucial role in representing the buyer in this deal. The seller was represented by Lee & Associates, although they remain undisclosed in this transaction.