CBRE Global Investors Acquires Mixed-Use Property In Irvine For $180.8M
California
See Similar DealsCBRE Global Investors Acquires Mixed-Use Property In Irvine For $180.8M
3720 Barranca Parkway, Irvine, California 92606, United States
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The mixed-use property located at 3720-3996 Barranca Pkwy was recently sold in Irvine. The transaction took place on June 17, 2021. The property, spanning a total area of 393,673 square feet, was sold for a price of $180,800,000, resulting in a price per square foot of $456. The buyer of the property was CBRE Global Investors, while Menlo Equities acted as the seller.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $180,800,000
- Square Footage: 393,673
- Price per Square Foot: $456
- Date of Transaction: June 17, 2021
- Market: Irvine
- Buyer: CBRE Global Investors
- Seller: Menlo Equities
The sale of this mixed-use property in Irvine involved CBRE Global Investors as the buyer and Menlo Equities as the seller. The transaction was finalized on June 17, 2021, with a sale price of $180,800,000 and a total area of 393,673 square feet. This successful deal showcases the activity and growth in the real estate market of Irvine.
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