By Staff report | PUBLISHED: August 17, 2018 at 7:45 am | UPDATED: August 17, 2018 at 7:45 am Cress Capital, a commercial real estate investment firm in Newport Beach, has acquired five office buildings totaling 461,920 square feet in Cerritos for $89.5 million. (PRNewsfoto/Cress Capital) David Bolt of Lee & Associates in Newport Beach represented Golden State Orthopaedics in its $2,447,808 purchase of an industrial building at 3197 Red Hill Ave. in Costa Mesa. The building was bought to accommodate the orthopedic firm’s growth in the Orange County area. Ross Fippinger of CBRE represented the seller, REVX-Red Hill. (Courtesy of Lee & Associates) SoundThe gallery will resume insecondsCapRock Partners, a Newport Beach-based industrial real estate investment and development firm, has acquired a 26-acre site in the Sorrento Mesa neighborhood of San Diego. Terms were not disclosed. The firm bought the property from a private investor. CapRock in a statement said it would use the land for industrial tenants or develop several speculative industrial buildings. (Courtesy of CapRock Partners) CBRE has brokered the sale of a three-building retail center, The Shops at Yorba Linda, for $7.8 million. Sam Alison, Mike Philbin, Amar Goli and Patrick Larimore of CBRE represented the… Read full this story
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