Citibank Building in Costa Mesa Sells for $5M

COSTA MESA, CALIF. – An 8,118-square-foot building in Costa Mesa that is triple-net leased to Citibank has sold to a Pasadena, Calif.-based family trust for $5 million. The building is located at 2700 Harbor Blvd. It sits adjacent to Mesa Verde Shopping Center. Shaun Riley of Faris Lee Investments represented the 1031 exchange buyer. The seller, CP Sunshine LLC, was represented by Equity Investment Advisors.

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