17681 Mitchell Avenue, Irvine
Building Type:
36,800 SF
represented:
Buyer
industry:
Electronics Manufacturer
Client Objective:
Acquire building to accommodate exponential business and operational growth
results:
- Identified, negotiated, and closed on new larger building
- Isolated future market rent increases by owning vs. leasing
- Building has appreciated 27.3% during first 2.5 years of ownership
- Deferral of significant tax exposure resulting from successful 1031 Exchange
Building Type
36,800 SF
Represented
Buyer
Industry
Hardware Manufacturer
Client Objective
Acquire building to accommodate exponential business and operational growth
Results
– Identified, negotiated, and closed on new larger building
– Isolated future market rent increases by owning vs. leasing
– Building has appreciated 27.3% during first 2.5 years of ownership
– Deferral of significant tax exposure resulting from successful 1031 Exchange
Client Testimonial:
“Our transition into a larger building has been a critical factor to our recent success. It has allowed our business to flourish and gives us the room we need as our business continues to grow. Thank you for your continued support!”
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