Irvine Purchases 57,300 SQFT Building for $13MM to House City Agencies

The City of Irvine has made a real estate acquisition by purchasing a 57,300-square-foot office building for $13 million. The newly acquired property, located at 17101 Armstrong Avenue, will serve as administrative offices for the city’s agencies. The transaction, equating to $227 per square foot, was brokered by CBRE and represents a strategic investment in […]