Ali Mozayeni & Gisso Zarrabi Acquire Office Building In Mission Viejo For $3.5M

A 11,590 square feet office building located at 26051 Acero in Mission Viejo was recently sold. The property was owned by Easterly Government REIT and had the General Services Administration as a tenant. However, the tenant gave notice that they would be vacating the premises. The deal was successfully closed within three months of being listed on the market. This transaction was the only office transaction in South County between 10,000 and 20,000 square feet in the first eight months of the year.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $3,461,500
• Address: 26051 Acero, Mission Viejo
• Market: Mission Viejo
• Buyer: Ali Mozayeni & Gisso Zarrabi
• Seller: Easterly Government REIT - Andy Pulliam & Mark Bauer
• Broker: Mike Adams & Morgan Adams - Stream Realty
• Square Footage: 11,590 SF
• Price per Square Foot: $298

The office building located at 26051 Acero in Mission Viejo was sold by Easterly Government REIT. The buyer of this property is Ali Mozayeni and Gisso Zarrabi. The transaction was facilitated by brokers Mike Adams and Morgan Adams from Stream Realty. It is worth noting that this was the only office transaction in South County between 10,000 and 20,000 square feet in the first eight months of the year.