TUSTIN, CA-Woodland Hills-based Voit Development Co. has sold the last of the 24 industrial properties that it purchased from Fujita Corp. in a portfolio acquisition two years ago. Voit says Charles Dunn Equities bought the 117,805-sf R&D facility at 2441 Michelle Drive in Tustin from Voit for $11.575 million.
Voit Development bought the property in January 2000. The Woodland Hills company’s acquisition was a part of the second of its three purchases of industrial portfolios from Fujita. For the past 15 years, the Tustin facility has served as the corporate headquarters for Toshiba America Medical Systems. The Toshiba unit markets, sells, distributes and services diagnostic imaging systems, coordinates clinical diagnostic imaging research, and has responsibility for research and development in the United States.