Real estate news: Flex office building in Mission Viejo sells for $2.3 million

A 7,073-square-foot flex office building at 26022 Pala in Goal Viejo has been marketed to a paving firm for $2,349,455, according to Lee & & Associates

. The purchaser was Principle Paving Solutions, which was stood for by Rick Turner and Brett Wallach of Lee & & Associates in Newport Beach. The vendor, the Arnett Household Trust fund, was stood for by Troy Wootan of Newmark.

Concept Paving Solutions intends to inhabit the residential or commercial property as its business headquarter and administration center, Lee & & Associates stated in a declaration.

Found in High Park, the structure has 5,600-square-feet of office locations and also a 3 to 1,000 vehicle parking proportion. Idea Paving Solutions means to inhabit the residential property as its business headquarter and also administration center.

New procurement

Brea-based CoolSys has acquired C.E. Holt Refrigeration Inc., a business refrigeration and also HEATING AND COOLING business based in Charlotte, N.C.

CoolSys said the acquisition helps to raise its market existence in the mid-Atlantic area.

“The procurement of C.E. Holt was our 4th in 2020, all of which were along the East Coastline, stretching from South Carolina to Connecticut,” stated Adam Coffey, CEO of CoolSys, in a declaration. “This critical purchase develops thickness in the Southeast market and proceeds our aggressive development technique with the goal of coming to be a nationwide service company.”

Developed in 1961 by C.E. and Helen Holt, C.E. Holt Refrigeration solutions leading grocery store retailers in the Southeast.

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