DAUM REPRESENTS SELLER IN THE DISPOSITION OF A 120,000 SQ. FT. INDUSTRIAL BUSINESS PARK IN ANAHEIM, CADec 9, 2013
DAUM Commercial Real Estate Services announced today that it represented seller in the disposition of The Park, which is a 120,000 square foot multi-tenant industrial park in Anaheim, CA. The development is located at the corner of La Palma Avenue and Gilbert Street and borders the I-5 Freeway. The development offers various space sizes from small to large units, with varying build-outs and ceiling heights. The property sold to Rexford Industrial for $10,600,000 and was approximately 86% occupied at closing.
Charlie Winn and Craig Sullivan of DAUM’s Orange County office represented the seller, while Allen Peckarcik of Avison Young and Al Segal of Lee & Associates represented the buyer in the transaction. DAUM will retain the leasing efforts of The Park on behalf of Rexford Industrial. Additional information can be obtained from the website www.TheParkAnaheim.com.
Charlie Winn and Craig Sullivan of DAUM’s Orange County office are also marketing a similar asset for sale, Pacific Commerce Center in Tustin, CA. For more information on that property, please contact Charlie or Craig at 949.729.1900 or visit the website at www.pacificcommercentertustin.com.
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.