CBRE Brokers Acquire Office Properties In Tustin For $18M

The sale of multiple office properties in Tustin has been finalized. The properties include 1101 Bryan Ave., 13422 Newport Avenue, 13372 Newport Avenue, and 13362 Newport Avenue. The transaction was brokered by Eric Chen, Anthony Delorenzo, Bryan Johnson, Gary Stache, Doug Mack, and Taylor Friend from CBRE. The total sale price for these properties amounts to $18,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $18,000,000
• Address: 1101 Bryan Ave., 13422 Newport Avenue, 13372 Newport Avenue, 13362 Newport Avenue
• Market: Tustin

Eric Chen, Anthony Delorenzo, Bryan Johnson, Gary Stache, Doug Mack, and Taylor Friend from CBRE played a crucial role as brokers in this deal. They represented the parties involved in the transaction and facilitated the successful sale of the office properties.

The total square footage of the properties involved in this sale is 45,771 square feet, resulting in a price per square foot of $393.