IRVINE OFFICE COMPLEX BUILDING SELLS FOR $27.2M

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IRVINE, CALIF. – Griffin Capital Corp. has acquired an 82,645-square-foot creative office building in Irvine for $27.2 million. The Class A building is located at 16752 Armstrong Ave. near Tustin Legacy.

Motorcross accessories and apparel company Fox Head recently signed a 15-year lease at the facility. The sellers, Shubin Nadal Realty Investors and Penwood Real Estate Investment Management, were represented by Newmark Grubb Knight Frank (NGKF) and CBRE. NGKF also negotiated the Fox Head lease.

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