Class A industrial facility trades in Orange County
JLL Capital Markets led the sales efforts of 25892-25902 Towne Centre Dr. in South Orange County
ORANGE COUNTY, CA, Dec. 23, 2024 – JLL Capital Markets announced today the sale of 25892-25902 Towne Centre Dr., a 310,067-square-foot Class A industrial asset located in Lake Forest, California.
Constructed in 1997, this rear-load facility offers a 30-foot clear height, 25 dock-high doors, four grade-level doors, ESFR sprinklers and a parking ratio of 1.39 per 1,000 square feet. The property is configured for three tenants, currently leased to ProTab Laboratories and OceanX.
The JLL Capital Markets Investment Sales and Advisory team represented the seller and was led by Senior Managing Director Patrick Nally, Senior Director Ryan Spradling and Director Makenna Peter.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 111,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.