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California  + Orange County  + Office  | 
JLL Closes $91M Sale of Tustin Flex Office Building

JLL Closes $91M Sale of Tustin Flex Office Building

JLL Capital Markets has closed the $91 million sale of 1382 Bell, a 120,000-square-foot, single-tenant flex office complex in the Orange County city of Tustin, CA. The firm advised the sellers, a JV between SteelWave and their institutional investor, in the $758 per square foot transaction.

The property sits on 6 acres near the District at Tustin Legacy, which features more than 80 retail and dining offerings. The Class A flex office building has generous windows lines, ceiling heights, high-end finishes and ample, secured parking. The County of Orange leases the entire facility on a long term basis through 2047.

The JLL Capital Market team representing the seller was led by Senior Director Blake Bokosky, along with Mark DeGiorgio, Michael Leggett, Adam Lasoff, Patrick Burger and Makenna Peter.

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Inside The Story

JLL's Blake BokoskySteelWave LLCMark DeGiorgio

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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