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Everwest, Frontal Trust Snag Oc Office Asset

by cpexecutive.com posted 1year ago 38 views
The building, previously owned by Westcore Properties, is located in the heart of the Town and Country Corridor. : EverWest Real Estate Investors and Frontal Trust, a Chilean-based fund manager, have acquired a newly renovated office property located in the heart of Town and Country Corridor in Orange County. The 99,000 square-foot property belonged to Westcore Properties and was sold for $32 million, a $7 million premium over what the former owner paid for it in 2014, according to real estate data provider Yardi Matrix. The acquisition is the third one that EverWest closed in California over the past summer.

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