{"id":1004331299,"date":"2019-06-18T06:42:23","date_gmt":"2019-06-18T14:42:23","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004331299"},"modified":"2019-06-18T20:00:25","modified_gmt":"2019-06-19T04:00:25","slug":"single-tenant-socal-industrial-asset-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/single-tenant-socal-industrial-asset-changes-hands\/","title":{"rendered":"Single-Tenant SoCal Industrial Asset Changes Hands"},"content":{"rendered":"
\"15201<\/a>

15201 Woodlawn Ave. Image courtesy of Sentre<\/em><\/p><\/div>\n

After recently selling a 73,000-square-foot asset in Poway, Calif.<\/a>, Sentre has sold a 56,190-square-foot industrial site within Orange County\u2019s John Wayne airport area. Alere Property Group purchased the property for $11.4 million.<\/p>\n

Located at 15201 Woodlawn Ave. in Tustin, Calif., the industrial building is within 3 miles of the interchange of Interstate 5 and Costa Mesa Freeway. The property is within 5 miles of downtown Irvine and Santa Ana, as well as John Wayne airport.<\/p>\n

Precision Services Group, a full-service marketing, production and distribution company, is the sole tenant of the facility. Previously, the property served as a regional distribution location for a popular tea and juice brand. The previous owner originally acquired the property as a land parcel and built the on-site beverage distribution facility in 1985.<\/p>\n

Newmark Knight Frank\u2019s Executive Managing Director Scott Read represented the seller in the transaction, while the buyer represented itself.<\/p>\n","protected":false},"excerpt":{"rendered":"

Alere Property Group paid $11.4 million to SENTRE for the 56,190-square-foot building located close to John Wayne airport in Orange County. <\/p>\n","protected":false},"author":1274,"featured_media":1004331305,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,21742,34267,15],"tags":[45953,36007,38491],"class_list":["post-1004331299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","category-orange-county","category-west","tag-alere-property-group","tag-newmark-knight-frank","tag-sentre"],"acf":[],"yoast_head":"\nSingle-Tenant SoCal Industrial Asset Changes Hands - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/single-tenant-socal-industrial-asset-changes-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Single-Tenant SoCal Industrial Asset Changes Hands\" \/>\n<meta property=\"og:description\" content=\"Alere Property Group paid $11.4 million to SENTRE for the 56,190-square-foot building located close to John Wayne airport in Orange County.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/single-tenant-socal-industrial-asset-changes-hands\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-18T14:42:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-19T04:00:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/15201-Woodlawn-Ave.-Image-courtesy-of-SENTRE-e1560858668405.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"816\" \/>\n\t<meta property=\"og:image:height\" content=\"611\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Timea Matyas\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/single-tenant-socal-industrial-asset-changes-hands\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/single-tenant-socal-industrial-asset-changes-hands\/\",\"name\":\"Single-Tenant SoCal Industrial Asset Changes Hands - 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