Press releases for office building

Real Estate Partners Purchases R&D Building in Tustin, Calif. for $9 Million and Plans to Spend $3.6 Million on Rehab (2005-11-10)
Real Estate Partners, Inc. purchased a 75,600-square-foot R&D building in Tustin, Calif. for $9 million and plans to reposition the property and spend $3.6 million in exterior renovations and interior tenant improvements to convert the single-tenant building into a 72,000-square-foot multi-tenant Class B office building. The 4.5-acre property, which was built in 1970, is located in The Irvine Business Complex and was unoccupied at the time of the sale.