Microtech Dental Manufacturing Acquires 29,495 Square-Foot Mixed-Use Property For $3.3 Million
Jen Olewinski/James MacGregor
Brower, Miller & Cole
Fountain Valley, Calif. (June 2, 2008) – Microtech Dental Manufacturing Inc., a manufacturer of the engines used in dentists’ drills, has acquired a 29,495 square-foot industrial/office property for $3.3 million.
The property is located next to the Coastline Community College at 17260 Newhope St. in Fountain Valley, Calif., in close proximity to the 405 freeway.
“The great freeway access and room for expansion, as well as the good quality of the building make this an ideal property for a company’s corporate headquarters,” said Greg Velastegui, senior vice president of Voit Commercial Brokerage’s Irvine office.
The buyer plans to relocate its corporate headquarters into this newly acquired property. Microtech Dental Manufacturing Inc. is relocating from Santa Ana.
Greg Velastegui of Voit Commercial Brokerage’s Irvine office represented the buyer, Microtech Dental Manufacturing Inc. Pat Lacey and Jim Snyder of Lee & Associates represented the seller, The Yardley Trust.
Voit Commercial Brokerage, a member of CORFAC International, is a full-service brokerage firm that specializes in the sales and leasing of office, industrial and retail properties,
in addition to investment property sales. Since the firm’s inception, it has completed sales and lease transactions valued in excess of $14 billion. A subsidiary of The Voit Companies, Voit Commercial Brokerage has offices in Irvine, Anaheim, Chula Vista, San Diego and Las Vegas.
The Voit Companies can be reached at www.voitco.com.
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