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Wednesday, January 07, 2009
Office

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2/13/2008NAI's Economos Group finalizes $18M in sales
by Michael Wayne | | Mr. Wadsworth | NAI Capital's Economos Group -- comprised of Steven Economos, George Economos, Geoff DeWolf and Matt Moore -- has completed two sales in California totaling over $18 million. In Mission Viejo, the Economos Group represented Los Alto Trust in the sale of a 38,758 square foot office building for $11.32 million. Universal Properties Two, LLC purchased the building that is located at 26691 Plaza Drive. In Laguna Hills, Orion Property Partners sold an 18,600 square foot medical office building at 25251 Paseo de Alicia for $7.96 million. The Economos Group represented an undisclosed buyer while John Wadsworth of Colliers International handled the negotiations for Orion. The Economos Group is based in Newport Beach and specializes in the sale of low and mid-rise office buildings throughout Southern California. The group has sold over 200 properties. Wadsworth is a VP with Colliers and joined the firm in 1992. He specializes in medical office and health care real estate and is a founder of Colliers Health Care Services. He earned his bachelor's degree in communication arts and sciences from the University of Southern California. Address: 26691 Plaza Drive, Mission Viejo, Calif. - 25251 Paseo de Alicia, Laguna Hills, Calif. Size: 57,358 square feet Filed Under: Office | | |
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