SANTA CLARA, CA-The Irvine Company has purchased another piece of property to strengthen its presence in one of the Silicon Valley's most important markets.
The Newport Beach-based company recently acquired 12-acre Augustine Business Park for $55 million, according to the Silicon Valley Business Journal.
The three buildings at 2525, 2575 and 2585 Augustine Drive total about 188,000 square feet, the Journal said. They were sold by Arden Realty.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
