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Universal Properties Buys Los Altos Plaza

Office Building in Mission Viejo Sells for $11.3M
By Frederick Ankenman
February 26, 2008 | 7:06 P.M.

Universal Properties used a 1031 exchange to purchase Los Altos Plaza, a 38,758-square-foot office building at 26691 Plaza Drive in Mission Viejo, CA, for $11.32 million, or about $292 per square foot. The seller was Jacques R. Gendreau.

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