X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TUSTIN, CA-Woodland Hills-based Voit Development Co. has sold the last of the 24 industrial properties that it purchased from Fujita Corp. in a portfolio acquisition two years ago. Voit says Charles Dunn Equities bought the 117,805-sf R&D facility at 2441 Michelle Drive in Tustin from Voit for $11.575 million.

Voit Development bought the property in January 2000. The Woodland Hills company’s acquisition was a part of the second of its three purchases of industrial portfolios from Fujita. For the past 15 years, the Tustin facility has served as the corporate headquarters for Toshiba America Medical Systems. The Toshiba unit markets, sells, distributes and services diagnostic imaging systems, coordinates clinical diagnostic imaging research, and has responsibility for research and development in the United States.

John Giffin, Louis Tomaselli, Mitch Zehner and John Pagliasotti of the Anaheim Metro office of Voit Commercial Brokerage represented the seller. The Charles Dunn brokerage represented the buyer.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.