January 5, 2017
Irvine, CA-based The CPT Group purchased a 14,208-square-foot corporate HQ building Irvine from North Tustin Investment Group, LLC for $5.35 million. CPT is a national leader in class action settlement administration and plans to take occupancy of 50 Corporate Park in Q1 2017.
Lee & Associates’ Chuck Hardy represented the buyer. Lee & Associates’ John Collins represented the seller.
Hardy says, “The buyer was looking specifically for an Irvine location that would serve as the company’s headquarters. Because there is a shortage of high-end, image corporate headquarter buildings with a significant amount of parking, this property fit the bill offering high imagery inside and out and an excellent parking ratio.”
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