Syndicate Buys Business Park in Santa Ana

Consolidated Capital Equities Inc., an Emeryville, Calif.-based real estate syndication firm, has purchased the nine-acre Town Center Plaza business park in Santa Ana for $18 million.

Schneider Commercial Real Estate represented both the buyer and the seller, Sunset Properties, in the transaction. The four-building project is at 4th Street and Cabrillo Drive, near the Santa Ana (5) and Newport (55) freeways.