DAUM REPRESENTS BUYER IN THE PURCHASE OF A $3.55 MILLION INDUSTRIAL BUILDING IN COSTA MESA, CAMay 26, 2017
DAUM Commercial Real Estate Services announced today that it represented the buyer in the acquisition of a 10,000 square-foot industrial building in Costa Mesa, CA. The property is located at 1721 Whittier Avenue and sits on approximately 21,344 square feet of land. The building was completed in 1977, and offers approximately 2,500 square feet of office, 16’ clearance, four (4) grade level loading positions, 800 amps of power and a fully fenced and paved yard. The total consideration of the sale was $3,550,000 ($355 PSF).
Mike Barreiro and Chris Migliori of DAUM’s Orange County office represented the buyer, Peter Cords, while Pat Lacey of Lee & Associates represented the seller, Wayne & Elizabeth Miller Trust, 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 most tenured and 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.