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Investor Pays $9M for Pointe Red Hill

Lone Oak Industries Sells 49,000-SF Tustin Office Bldg
By Joshua Ohl
May 8, 2012 | 12:32 P.M.

Fortland, Inc. purchased the Pointe Red Hill office building located at 15101 Red Hill Ave. in Tustin, CA for $9 million, or about $185 per square foot, from Loan Oak Industries, Inc. in an REO sale.

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