IRVINE — Fast-food chain In-N-Out Burgers Inc. on Thursday completed its $15.2-million purchase of the University Tower office building in Irvine, said officials at Bedford Property Investors Inc., the seller.
In-N-Out, which will be moving its headquarters from Baldwin Hills, operates about 80 restaurants in California and Arizona. The company has been planning for some time to relocate its 60-person corporate staff to the Irvine building, where it has been leasing two full floors.
