DAUM Commercial Real Estate Services announced today that it represented buyer in the acquisition of a 18,000 square foot industrial building in Bellflower, CA. The property is located at 8832 Ramona Street and consists of a 18,000 square foot building on 1.74 acres of land. The building was built in 1968 and offers 28’ clearance, 820 square feet of office space, grade level loading, a fenced yard and 4.0 per 1,000 parking. The total consideration of the sale was $1,365,500 ($76 PSF).

Steve Crane of DAUM’s Newport Beach office represented the buyer, BNY Enterprise LLC, while Daniel Kruse of Lee & Associates represented the seller 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 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.