Prologis Inc. Acquires Office Property In Orange County For $96M

25500 Commercentre Drive, Lake Forest, California 92630, United States

$96,000,000

$297/SF

Building Size

322,262 SF

Asset Type

Office

Closing

Jan 19, 2022

AI

Prologis Inc has acquired an office property in Orange County for a total price of $96,000,000. The transaction took place on 01/20/2022 and involved the property located at 25500-25550 Commercentre Drive. The asset spans a total area of 322,262 square feet, resulting in a price per square foot of $297. The seller in this deal was Drawbridge Realty.

Summary of Transaction Details

Property Type: Office
Transaction Amount: $96,000,000
Square Footage: 322,262
Address: 25500-25550 Commercentre Drive
Market: Orange County

Cushman & Wakefield's Jason Ward represented Prologis Inc as their buyer's representative in this transaction. No additional information regarding other individuals or companies involved in the deal was provided.

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