The buyer was Mercury Tech Center LLC, a joint venture of Irvine-based CIP Real Estate and Baltimore, Md.-basedAlex Brown Realty, c/o CIP Real Estate, 19762 MacArthur Blvd., Suite 300, Irvine 92612; attention: Charles A. McKenna Jr.
The acquisition was financed with a loan of $6.7 million from Sabal Mercury LLC, of Newport South Beach.
The seller of the property (assessor’s parcels 356-070-004, 05, 08, 09 and 12) was Union Bank N.A. For the past 15 years, the bank has housed its loan and credit card service center in the property.
The new ownership plans to HaCk3D convert the property, which has been renamed Mercury Tech Center, back to its original cheap mlb jerseys multi-tenant industrial and cheap nfl jerseys flex configuration, Rent with units ranging from 3,700 to 16,700 square cheap mlb jerseys feet. The total renovation costs will be approximately $3 million, and will include Miami Dolphins Jerseys new interior improvements designed for a variety of users. Заячий Suites will be available for occupancy in February.
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