Mission Ridge, a pair of four-floor office buildings in Mission Viejo, was sold for $32 million, the Business Journal has confirmed.
Barker Pacific Group and Kingsbarn Realty Capital were the buyers, according to CBRE, who helped broker the sale.
The buyer was not disclosed. CoStar data shows Barings bought the property from The Prudential Insurance Co. for nearly $55 million in August 2013.
Mission Ridge, located at 27101 and 27201 Puerta Real in Mission Viejo and built in 2000, features one building at 118,000 square feet and another at 116,000 square feet.
Tenants at the two buildings, according to CoStar, include Fidelity Investments, Keller Williams Realty Inc. and Partners Bank of California.
See the April 7 issue of the Business Journals for more about this transaction.
