TN Investments Group Acquires Retail Property In Orange County For $23.5M

The retail property located at 15031 Goldenwest Street in Orange County has been sold in a transaction. The property spans 63,289 square feet and was sold for a price of $23,500,000, resulting in a price per square foot of $371. The sale was facilitated by brokers Gleb Lvovich, Daniel Tyner, and Geoff Tranchina from JLL, representing the buyer TN Investments Group and the seller Merlone Geier Partners.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $23,500,000
• Address: 15031 Goldenwest Street
• Market: Orange County
• Square Footage: 63,289
• Price per Square Foot: $371
• Buyer: TN Investments Group
• Seller: Merlone Geier Partners
• Brokers: Gleb Lvovich, Daniel Tyner & Geoff Tranchina - JLL

The transaction, which took place on February 14, 2022, involved the sale of the retail property. The buyers, TN Investments Group, acquired the property from the sellers, Merlone Geier Partners. The transaction was mediated by brokers Gleb Lvovich, Daniel Tyner, and Geoff Tranchina from JLL. The property's prime location in Orange County and its size of 63,289 square feet made it an attractive investment opportunity. The sale price of $23,500,000 and price per square foot of $371 reflect the value placed on the property in the market.