Orange County Business Journal Bridge Industrial has paid $60 million, or $363.64/sf, for a two-building office property at 1 and 3 Banting in Irvine, Calif. The Chicago developer purchased the 165,000-square-foot property from TGS Management of Princeton, N.J., which had acquired it in 2021 for $49.6 million. The vacant property is 41 miles southeast of […]

The post Bridge Industrial Buys Irvine, Calif., Office Property for $60Mln; Redevelopment Likely appeared first on Commercial Real Estate Direct.