DAUM REPRESENTS BOTH PARTIES IN THE SALE OF A 65,000 SQ. FT. MANUFACTURING BUILDING IN BALDWIN PARK, CA

Dec 11, 2013

5115 Azusa Canyon Road, Baldwin Park, CA

DAUM Commercial Real Estate Services announced today that it represented both parties in the sale  and leaseback of a 65,000 square foot manufacturing facility situated on 4.8-acres of land  located in Baldwin Park, CA. The property is located at 5115 Azusa Canyon Road and offers 6,500 square foot office building, multiple free standing production buildings, 3000 amps of power and a yard. The total consideration of the sale was $4,500,000 ($69 PSF).

Dennis Sandoval represented  Magellan Group and Tom Phelan represented the Seller, NECH LLC in the transaction. Both agents work out of DAUM’s City of Industry office.

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 9 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.