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Tustin Life Sciences Asset Makes for a Strategic Addition to Stos’ Portfolio
Stos Partners acquired a 71,616-square-foot high-tech manufacturing property in the Orange County submarket of Tustin from a private seller for $19.2 million. The existing tenant will vacate the asset upon the end of its current lease term in March, according to Stos.
“This asset is well-suited to serve the life sciences and specialized R&D sectors, making it a strategic addition to our growing portfolio as the appetite in Orange County for these properties continues to grow,” says CJ Stos, principal of Stos Partners. “This past year, demand in the market has far outpaced supply with only 239,000 square feet currently under construction dedicated to life sciences space.”
- ◦Sale/Acquisition


