DAUM REPRESENTS BOTH PARTIES IN THE SALE OF A $2.85 MILLION INDUSTRIAL CONDO IN GARDEN GROVE, CA

Dec 31, 2015

DAUM REPRESENTS BOTH PARTIES IN THE SALE OF A $2.85 MILLION INDUSTRIAL CONDO IN GARDEN GROVE, CA

DAUM Commercial Real Estate Services announced today that it represented both parties in the sale of a 21,081 square foot industrial condo building in Garden Grove, CA.  The property is located at 12640 Westminster Avenue and is part of the Garden Grove Commerce Park.  The building is offers approximately 4,500 sq. ft. of office space, 21’ clearance, and a fenced yard with one grade level loading door.  The total consideration of the sale was $2,846,000 ($135.00 PSF).

Jim St. Omer Roy of DAUM’s Newport Beach office represented the seller, Twomey Holdings LLC, while Gavin Denniston also of DAUM’s Newport Beach office represented the buyer in the transaction.

DAUM Commercial Real Estate Services provides a full array of commercial real estate services including brokerage, consulting, leasing, sales, corporate services and asset, construction, project and property management.  Founded in 1904, DAUM is California’s oldest and most experienced commercial real estate brokerage company.  DAUM has 10 offices throughout Southern California and Arizona. More information is available at www.daumcommercial.com.

DAUM Commercial Real Estate Services is a member of ONCOR International, a premier global commercial real estate network.  ONCOR International LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network.  More information is available at www.oncorintl.com.