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Investor Plans for Redevelopment in Tustin

Purchases 3-Building Portfolio for $17.75M
By Donald J. Bohonko
August 4, 2004 | 12:56 P.M.

Stonewood Properties purchased 14192 Franklin Ave., 2642 Michelle Drive, and 14101 Myford Road in Tustin, CA, for $17.75 million, about $85 per square foot. The buildings total 209,486 square feet. Stonewood will redevelop the site into a 14-acre professional office campus.

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