Pacific Tree Capital Acquires Office Property From J&R Group For $37.6 Million In Irvine

The property asset involved in this transaction is located at 2525 Main Street in Irvine, categorized as an office space. The sale was completed for a total of $37,600,000, encompassing a total square footage of 143,269, resulting in a price per square foot of $262.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $37,600,000
• Address: 2525 Main Street
• Market: Irvine
• Square Footage: 143,269
• Price per Square Foot: $262
• Buyer: Pacific Tree Capital
• Seller: J+R Group
• Buyer's Representative: Danny Li - Compass
• Seller's Representatives: Jeffrey Cole, Nico Napolitano, Kevin Nolen, Jason Kimmel & Kristen Schottmiller - Cushman & Wakefield

This transaction highlights the involvement of various individuals and firms. The buyer, Pacific Tree Capital, was represented by Danny Li of Compass. The seller, J+R Group, had a team of representatives from Cushman & Wakefield, including Jeffrey Cole, Nico Napolitano, Kevin Nolen, Jason Kimmel, and Kristen Schottmiller, facilitating the deal.