Institutional Property Advisors Oversees $25.3M Sale Of Nohl Plaza In Orange With Seller's Rep Jose Carrazana, Patrick Toomey & Tom Lagos

The leasehold interest in Nohl Plaza, Orange was sold for $25.3 million. The property, located at 1440 East Lincoln Avenue, is a retail asset spread across 10 acres. It offers a total of 103,639 square feet of space, with a price per square foot of $244.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $25,300,000
• Address: 1440 East Lincoln Avenue
• Market: Orange
• Acres: 10
• Square Footage: 103,639
• Price per Square Foot: $244

The sale was overseen by Institutional Property Advisors (IPA), part of Marcus & Millichap. The seller, Nohl Plaza LLC, was represented by Jose Carrazana, Patrick Toomey, and Tom Lagos of Institutional Property Advisors (IPA), who are part of Marcus & Millichap. The buyer's identity remains undisclosed.