United Fertilizer Chemical Co., Ltd. Purchases Irvine Office Condominium
Mark Coffey and Rob Rowan of Bailes & Associates, Inc. represented United Fertilizer Chemical Co., Ltd. (UFC) on the purchase of 3 Peters Canyon Road, Unit 100, Irvine, CA 92606, which closed March 7, 2016. Totaling approximately 4,000 SF, the property was acquired through a creative lease-to-purchase arrangement. The team identified the property in early December, 2015 and negotiated the deal with a short-term lease that allowed UFC to move in December 27, 2015 just prior to the client’s lease expiration.
United Fertilizer Chemical manufactures industrial and agriculture chemicals in China for distribution in the United States and other areas of the Americas and Europe. The company established their U.S. headquarters in Irvine in 2013.