Lincoln Property Company And Glendon Capital Management Secure $137.7M Acquisition Loan For Tustin Office Asset

Flight Way

$137,700,000

$288/SF

Building Size

477,000 SF

Asset Type

Office

Closing

Nov 14, 2025

AI

The property asset involved in this transaction is an office space located at 1700-1787 Flight Way in Tustin. The total square footage of the building is 477,000. The associated loan amount for this acquisition is $137,700,000.

Summary of transaction details:

Property Type: Office
Transaction Amount: $137,700,000
Market: Tustin
Lender: LoanCore
Landlord: Lincoln Property Company & Glendon Capital Management LP
Brokers: Mark Wintner, Jordan Angel, Joshua Blank & Doug Bond - JLL

The deal involves key individuals from JLL, including Mark Wintner, Jordan Angel, Joshua Blank, and Doug Bond, representing the brokerage side of this transaction. Their expertise contributed to facilitating the acquisition process for the involved parties.

Players