Kingsbarn Real Estate Capital Acquires Lake Forest Office For $40.5M | 25531 Commercentre Drive | Paul Jones, Kevin Shannon, Brandon White | Office | Sale

Summary

Sale

CALIFORNIA

Office

155,795 sqft

The office property located at 25531 Commercentre Dr. in Lake Forest has been sold. The transaction took place on 06/03/2021.

Summary of transaction details

Property Type: Office
Sale Price: $40,500,000
Square Footage: 155,795
Market: Lake Forest

The buyer of the property is Kingsbarn Real Estate Capital, represented by Jeff Pori. The seller is Bailard Real Estate Fund, represented by Sonya Thadhani Mughal. The deal was facilitated by brokers Kevin Shannon, Paul Jones, and Brandon White from Newmark.

The property was sold at a price of $40,500,000, with a price per square foot of $259.

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Players

All
4

Agents
3
Agencies
1

Paul Jones

Executive Managing Director

$1.1B Sold

Kevin Shannon

Co-Head of U.S. Capital Markets

$4.9B Sold

Brandon White

Director

$814.6M Sold

Details

Deal Summary

SOLD

IMAGE: Kevin Shannon, Sonya Thadhani Mughal, Paul Jones, Jeff Pori & Brandon White DATE: 06/03/2021 ADDRESS: 25531 Commercentre Dr. MARKET: Lake Forest ASSET TYPE: Office BUYER: Kingsbarn Real Estate Capital - Jeff Pori SELLER: Bailard Real Estate Fund - Sonya Thadhani Mughal BROKERS: Kevin Shannon, Paul Jones & Brandon White - Newmark SALE PRICE: $40,500,000 SF: 155,795 ~ PPSF: $259

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Address25531 Commercentre Drive

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