Mortenson Taggart Adams LLP Acquires Office Building In Dana Point For $3.9M

The property involved in this transaction is a 5,279 square-foot office building located at 24691 Del Prado Avenue in Dana Point. It was sold for a price of $3,900,000, which equates to $738.77 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $3,900,000
• Buyer: Michael Mortenson & Craig Taggart - Mortenson Taggart Adams LLP
• Seller: Gary Whitfield & Barbara Whitfield
• Buyer's Representative: Mick Cerny & Scott Kenny - CBRE
• Square Footage: 5,279
• Price per Square Foot: $738
• Location: Dana Point's Lantern District

An entity associated with the founders of Mortenson Taggart Adams LLP acquired this office building for use as a satellite office on the top floor while integrating retail tenants on the ground floor. The property is situated above the Dana Point Harbor, contributing to its strategic location within a thriving commercial area.