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Irvine Flex Property Sells for $4.1M

GB Real Estate Acquires 16,000-SF Flex Bldg
January 12, 2018
Mad Engine, Inc. acquired the flex building at 7 Studebaker in Irvine, CA for $4.1 million, or about $256 per square foot, from Blanco Investments.

Built in 1982 on nine-tenths of an acre, the building totals 16,011 square feet. The property features 9,600 square feet of two-story mezzanine office space, 600-amp heavy power and 18-foot ceiling heights.

Robert Griffin of Lee & Associates represented the seller. Shane Poppen of Hughes Marino represented the buyer.

Please reference CoStar COMPS #4080408 for more information on this transaction.
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