Alere Property Group has bought 8710-8750 Research Drive, a 35,475-square-foot, class A industrial warehouse within the Irvine Spectrum submarket of Irvine, Calif.
The divisible building features include a 26-foot clear height, two dock-high loading positions and three ground-level doors, in addition to 12,000 square feet of office space. The property is well suited for a single- or double-tenant occupancy, with visible office frontage and ample loading on both sides of the building.
Alere purchased 8710–8750 Research Drive from a private investor. The building was constructed in 2005 and is currently occupied by a manufacturer of technological equipment for industrial machinery. The tenant is expected to continue operations.
“The acquisition of 8710–8750 Research Drive is an important addition for the diversification and long-term value of Alere’s portfolio,” said Alan Carmichael, senior vice president of investments, at Alere Property Group. “Alere
