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Investor Pays $2 Mil for Office Complex

ORANGE, CA-Private buyer gets 24,000-sf development at 1110 Chapman Ave. The building is fully leased.

By Erin Cassin | Updated on October 01, 2001

ORANGE, CA-Orange’s Summit Office Building is under new ownership, as the facility has changed hands in a $2-million deal.The 24,000-sf office building was 100% occupied at the time of sale. It is located at 1110 Chapman Ave.

The buyer, a Los Angeles-based private investor, was represented by Erik Messinger of Grubb & Ellis’ Anaheim office. The seller, Virginia Military Institute, was represented by Dawson Davenport of Coldwell Banker Commercial.

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