Faris Lee Investments Negotiates $1.5M Acquisition of Industrial Property in Costa Mesa

COSTA MESA, CALIF. — Faris Lee Investments has arranged the acquisition of an industrial property located within the Mesa West Bluffs Urban Redevelopment Plan in Costa Mesa. A private investor purchased the property for $1.5 million.

Thomas Chichester, Joseph Chicester and Matt Brooks of Faris Lee represented the buyer, while Lee & Associates represented the undisclosed seller in the deal.

Built in 1961 and located at 789 W. 20th St., the multi-tenant property features 5,228 square feet of industrial space.