Barker Pacific Group And Kingsbarn Realty Capital Acquire Office Buildings In Mission Viejo For $32M

The property is located at 27101-27201 Puerta Real in Mission Viejo, CA, and consists of twin multi-tenant, four-story office buildings totaling 233,531 RSF on 10.28 acres. The sale price for the property was $32,000,000, translating to a price per square foot of $137. The site is prominently situated adjacent to the San Diego (5) Freeway, featuring 2,200 linear feet of freeway frontage.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $32,000,000
• Square Footage: 233,531 RSF
• Address: 27101-27201 Puerta Real
• Market: Mission Viejo
• Buyers: Barker Pacific Group & Kingsbarn Realty Capital
• Sellers' Representatives: Todd Tydlaska, Anthony DeLorenzo, Sean Sullivan, Grant Goldman, Sammy Cemo & Bryan Johnson - CBRE
• Mortgage Brokers: Greg Grant & Pete Obradovich - CBRE

The transaction was facilitated by Sean Sullivan, Todd Tydlaska, and Grant Goldman of CBRE National Office Partners (NOP) in Los Angeles, alongside Anthony DeLorenzo, Sammy Cemo, and Bryan Johnson from CBRE Investment Properties (IP) SoCal. Greg Grant and Pete Obradovich from CBRE Debt & Structured Finance sourced the acquisition financing for the buyer.