Envie Acquires Fully Leased 102,300 SQFT Orange County Industrial Flex Building for $50.9MM

Envie purchased a fully leased industrial flex building in Foothill Ranch, CA, for $50.9 million, equating to $497 per square foot. The acquisition, reflecting strong demand in Orange County’s market, aligns with Rexford's capital recycling strategy and signifies continued investor interest in quality industrial assets despite economic uncertainties.