6/9/2008

Overton Moore sells three California flex buildings for $38.8M

by

Pacific Gateway Business Center

Overton Moore Properties has sold three buildings within the Pacific Gateway Business Center in Seal Beach, Calif., for a total sales price of $38.8 million.

The deal was brokered by Brian DeRevere, John Schumaker, Ryan Peterson, Jeff Morgan and Bob Goodmanson of CB Richard Ellis.

The three buildings are located at 1779, 1709 and 1710 Apollo Court and contain 240,089 square feet. The 1779 location was purchased by Affliction Clothing, a contemporary clothing company. The 1709 location was acquired by Jerry Turpanjian, a principal investor with Amonix. The 1710 building was purchased by Magtek, an electronic transaction technology company.

Address: 1779, 1709 and 1710 Apollo Court, Seal Beach, Calif.

Size: 240,089 square feet

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Filed Under: Office

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