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Vacant Irvine Industrial Site Sold for Possible Redevelopment

Developer Pays $23 Million for McGaw Avenue Property
By Dusty McClure
CoStar Research
May 24, 2021 | 8:32 P.M.

Alere Property Group purchased the industrial property at 1062 McGraw Ave. in Irvine, California, for $23 million, or about $214 per square foot, from Ricoh Electronics.

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