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Class B Sale is Aliso Viejo’s Largest Office Transaction in Two Years
Stream Realty Partners arranged the $10.5-million sale of VIEW at 101 Columbia adjacent to the San Joaquin Hills Corridor on behalf of Fort Worth-based Lone Cypress Realty. Reportedly it’s the largest office sale in Aliso Viejo in the past 24 months.
Holt Integrated Circuits, an integrated circuits supplier for the aerospace industry, acquired the Class B, 38,154-square-foot building. It plans to use the ground floor for warehousing and the second floor for corporate offices.
“Given the limited number of large lease transactions in the area, we suggested that Lone Cypress Realty put the building on the market for sale or lease to catch a wide net of prospects,” said Mike Adams, managing director of Stream Greater Los Angeles. “Lone Cypress ultimately chose the purchase option because it best fit their investment criteria.
Adams and Morgan Adams, an associate at Stream Greater L.A., represented Lone Cypress Realty.
- ◦Sale/Acquisition
