January 6, 2022 9:00 AM
星空体育app下载[1] announces the $40.23 million purchase of 16800 and 16802 Aston Street, two flex office/R&D buildings totaling 115,388 square feet and located in the Airport Area submarket of Irvine, California. 星空体育app下载 Executive Managing Director Jack McNutt represented the buyer, MicroPort Scientific America Inc., an international medical devices company that will open its U.S. headquarters at the newly purchased properties. The undisclosed seller was represented by Brian Garbutt of Lee & Associates. The transaction was an all-cash sale.
鈥淚 was honored to represent MicroPort in establishing its U.S. headquarters,鈥� said McNutt. 鈥淭his purchase will accommodate the company鈥檚 continued growth and further expand its presence in North America.鈥�
Based in Shanghai, China, MicroPort Scientific Corporation has a large international operation. North American expansion is a key long-term strategy for the company. The company鈥檚 new headquarters will house multiple business units including its Miracle Point Southern California Innovation Center and Intelligent Manufacturing Base. Southern California鈥檚 medical industry cluster and strong industrial base will support the company鈥檚 accelerated product development.
MicroPort will occupy the entire 16802 Aston building at the end of March 2022 upon the current tenant鈥檚 exit of the building and the completion of its required tenant improvements. The 16800 Aston building will be used to accommodate future growth and additional business units or related subsidiaries.
16802 Aston Street is a 65,108-square-foot, Class A, creative office/flex building situated on a 2.9-acre lot. Built in 1985, the building features a two-story lobby, creative office buildout, two ground-level loading doors, backup generator, three electric vehicle charging stations and a parking ratio of 3.6 spaces per 1,000 square feet. 16800 Aston Street is an R&D/flex building measuring 50,280 square feet and situated on a 2.3-acre lot. The building was built in 1985 and renovated in 2015. Building features include elevator service, backup generator and a 3.6-per-1,000-square-foot parking ratio. Both properties are within one mile of retail and entertainment options at The District at Tustin Legacy and less than two miles from John Wayne Airport.
[1] Dba 星空体育app下载 Knight Frank in California
About 星空体育app下载
星空体育app下载 Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (鈥溞强仗逵齛pp下载鈥�), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. 星空体育app下载鈥檚 comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform鈥檚 global reach with market intelligence in both established and emerging property markets, 星空体育app下载 provides superior service to clients across the industry spectrum. 星空体育app下载 generated revenues in excess of $2.5 billion for the trailing twelve months ending September 30, 2021. 星空体育app下载鈥檚 company-owned offices, together with its business partners, operate from over 160 offices with approximately 6,200 professionals around the world. To learn more, visit nmrk.com or follow .
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