Mergers & Acquisitions ·
Focus Universal completes $17.7M acquisition of Monterey Park commercial property
FCUVFocus Universal Inc.
Focus Universal Inc., through its subsidiary Lusher Holding LLC, closed the acquisition of a Class A office and commercial building at 901 Corporate Center Drive in Monterey Park, California, for approximately $17.7 million. The transaction includes a five-level office building with 100,743 square feet of rentable space, a four-level parking structure, and 10.73 acres of land parcels. The property is currently 99.2% occupied by 16 tenants and generated approximately $3.1 million in annual rental income in 2025. The purchase was funded via a cash downpayment and an $11.05 million term loan from East West Bank. Focus Universal Inc. provides patented hardware and software design technologies for the Internet of Things (IoT), 5G, and AI-driven financial reporting automation.