DAUM REPRESENTS SELLER IN THE DISPOSITION OF A $4.8 MILLION INDUSTRIAL BUILDING IN RANCHO DOMINGUEZ, CAFeb 16, 2017
DAUM Commercial Real Estate Services announced today that it represented the seller in the disposition of a 34,964 square-foot industrial building in Rancho Dominguez, CA. The property is located at 3144 E. Maria Street and sits on approximately 1.58-acres of land. The building completed in 1974, and offers approximately 5,000 square feet of office space, 19’ clearance, four dock high and one grade level loading position. The total consideration of the sale was $4,842,514 ($138.50 PSF).
Charles Brill, EVP/Principal of DAUM’s South Bay office represented the Seller, Michael Leung, while Lary Carlton of Colliers International represented the Buyer Orient Express LLC, in the transaction. Brill additionally exclusively represented the Seller in the leasing of the premises to a handful of different companies over the prior approx. 30 years.
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.