TRP Investment Group Acquires 28,000-Sqft Office Building In Irvine For $10.6M

The TRP Investment Group has acquired a 28,000-square-foot event center located at 2575 McCabe Way in Irvine for $10.6 million. This property will serve as the new headquarters for the company's Tax Resolution Plus service, which specializes in tax consultation. The two-story OC Plaza building will undergo renovations to create office spaces on the second floor, while still functioning as an event venue on the ground floor.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $10,600,000
• Address: 2575 McCabe Way, Irvine
• Market: Irvine
• Buyer: TRP Investment Group
• Buyer's Representative: Raman Zoobalan
• Seller's Representative: Steve Abraham - Property Group International
• Square Footage: 28,000 SF
• Price per Square Foot: $379

The deal was facilitated by the buyer's representatives, Kamyar Saket, Michael Darwich, and Shala Tavakoli from Berkshire Hathaway Homeservices California Properties, while the seller's representative was Steve Abraham from Property Group International.