A 38,154 square foot office building located at 101 Columbia in Aliso Viejo has been sold for $10,500,000. The property was purchased by Holt Integrated Circuits Inc. from Lone Cypress Real Estate, with the transaction facilitated by Mark Jerue and Craig Fitterer of Lee & Associates representing the buyer, and Mike Adams and Morgan Adams of Stream Realty Partners representing the seller. The sale price equates to approximately $275 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $10,500,000
• Address: 101 Columbia, Aliso Viejo
• Market: South County
• Buyer: Holt Integrated Circuits Inc.
• Seller: Lone Cypress Real Estate
• Buyer's Representative: Mark Jerue & Craig Fitterer - Lee & Associates
• Seller's Representative: Mike Adams & Morgan Adams - Stream Realty Partners
• SF: 38,154
• Price Per Square Foot (PPSF): $275

This transaction marks the largest user transaction in the City of Aliso Viejo in the past 24 months. Lone Cypress Real Estate initially bought the building vacant in 2020, and with proactive marketing strategies and direct-to-user digital marketing enabled by artificial intelligence from Realty Ads, Stream Realty Partners was able to generate multiple strong options, including single-user/long-term leases or purchase options. Ultimately, Lone Cypress chose the purchase option, resulting in the sale to Holt Integrated Circuits Inc.