Kevin Saghian And Mark Bolour Of Bolour Associates Sell Mission Viejo Office For $23.93M

The property asset sold is an office located at 27401 Los Altos in Mission Viejo, with a sale price of $23,925,370. This asset encompasses a total area of 71,464 square feet, translating to a price per square foot of $334.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $23,925,370
• Square Footage: 71,464
• Price Per Square Foot: $334
• Seller: Kevin Saghian & Mark Bolour - Bolour Associates
• Brokers: Blake Bokosky & Will Poulsen - JLL
• Date of Transaction: 01/31/2025

Kevin Saghian and Mark Bolour of Bolour Associates sold the property, while Blake Bokosky and Will Poulsen represented them in this transaction. Bolour utilized their development and management expertise to align the Cerro building with current market trends, achieving 95% building occupancy and minimal future capital expenditures. The firm continues to seek assets that offer yield, focusing on investment and redevelopment in growth markets.