THREE PAD SITES TRADE HANDS FOR $14.4 MILLION

MISSION VIEJO, CALIF. — Scott Hook of Marcus & Millichap’s Newport Beach, Calif., represented the undisclosed buyer in the acquisition of three single-tenant buildings that are pad sites to Trabuco Hills Shopping Center. The properties sold for $14.4 million or $594 per square foot. The sites are located at 27785, 27845 and 27865 Santa Margarita Pkwy in Mission Viejo. Walgreens, Ramona Tire and Claim Jumper currently occupy the buildings. The seller was not disclosed.