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Pacific Tree Capital, an OC-based private investment entity, paid $37.6 mil for 2525 Main Street, a 143.3k sf office property on 3.73 acres in Irvine. The Orange County Airport Area property was nearly 98% leased to nine tenants upon buyer selection.

The property’s sales price of $262 per square foot places it among the highest price/sf achieved for a multi-tenant office building of over $20 mil countywide post-pandemic, according to Cushman & Wakefield tracking.