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CT Realty Acquires Irvine Industrial for $9.2M

NGK Spark Plugs Completes Sale / Leaseback at 109,000-SF Facility
By Justin Sumner
CoStar News
January 22, 2013 | 7:13 P.M.

CT Realty Investors have acquired the industrial facility at 6 Whatney in Irvine, CA for approximately $9.22 million, or $85 per square foot. NGK Spark Plugs USA, Inc. sold the property, and then immediately signed a five-year lease for 56,000 square feet there.

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News | CT Realty Acquires Irvine Industrial for $9.2M