 |
| Makenna Peter |
NEWPORT BEACH, CA, Aug. 2, 2022 – JLL Capital Markets announced today that it has closed the $91 million ($758 per square foot) sale of 1382 Bell, a 120,000-square-foot, single-tenant flex office building in the Orange County community of Tustin, California.
 |
| Blake Bokosky |
The
JLL Capital Markets team representing the seller was led by Senior Director Blake
Bokosky, Director Mark DeGiorgio, Senior Managing Director
Michael Leggett, Managing Directors Adam Lasoff and Patrick
Burger and Associate Makenna Peter.
1382
Bell Ave. is positioned on a 5.97-acre site adjacent to the 1,600-acre Tustin
Legacy master-planned community and close to the District at Tustin Legacy,
which boasts more than 80 retail stores and restaurant offerings.
The property has a core location with
convenient access to three major freeways, State Route 55 and the 5 and 405
Freeways linking the site to all of Orange County and Southern California.
Mark DeGiorgio
1382
Bell offers two stories of Class A, flex office space with generous window
lines and ceiling heights, high-end finishes and ample surface and secured
parking.
The
County of Orange leases the entire facility on a long-term basis through 2047.
JLL Capital Markets is a full-service global
provider of capital solutions for real estate investors and occupiers.
 |
| Michael Leggett |
The firm has more than 3,700 Capital Markets
specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources on
JLL, please visit our newsroom.
Jones Lang LaSalle Americas, Inc.
("JLL") is a real estate broker licensed with the California
Department of Real Estate, license #01223413.
CONTACT:
Kristen Murphy
Director, Public Relations, Americas
JLL
One Post Office Square, Suite 3500
Boston, MA 02109
T +1 617 848 1572
M +1 617 543 4873
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