IRVINE, CA-Vizio Inc., a seller of flat-screen TVs, has purchased a three-story office building measuring 36,000 square feet close to its Irvine headquarters. The company has bought the office building located at 35 Tesla Drive from Irvine-based Owen Group for $7.5 million or about $208 per square foot.
Owen Group purchased the property in a foreclosure sale in January for $6.3 million. The building is 25% occupied. Trent Walker with Voit Real Estate Services negotiated the deal on behalf of the seller. For the full story, go to Orange County Business Journal.
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