DAUM Commercial Real Estate Services announced today that it represented the buyer in the acquisition of a 10,530 square foot, freestanding industrial building in Huntington Beach, CA. The building is located at 15171 Pipeline Lane and sits on 0.54 acres of land. The building was completed in 1983 and offers 18’ clearance and four grade-level loading doors. The total consideration of the sale was $1,921,725 ($182.50 PSF).

Mike Barreiro and Gavin Denniston of DAUM’s Orange County office represented the buyer, Kevin Smith, and Greg Ibbetson of Ibbetson Commercial Real Estate Services represented himself, 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 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.